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News
October 21, 2022

AVELLUM’S STATEMENT ON PROFESSIONAL RANKINGS IN UKRAINE DURING THE WAR

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News
March 13, 2023

AVELLUM acted as the legal counsel to the action group led by the Ministry of Finance of Ukraine and the State Financial Monitoring Service of Ukraine to facilitate the adoption of restrictive measures against russia by the FATF

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News
March 15, 2023

AVELLUM defended the client, a Member of Parliament of Ukraine of the 9th convocation, being also a Lieutenant General of Ukrainian Armed Forces, in the criminal case heard by the High Anticorruption Court

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Agriculture
Real estate
Energy & Natural resources
Telecoms and Media
Consumer goods
Banking and Financial institutions
Healthcare & Pharmaceuticals
Industrial and Manufacturing

AVELLUM is a Ukrainian law firm providing services across a wide range of practices, including Corporate, Dispute Resolution, Tax, Real Estate, and Antitrust.

IFLR1000

“The best firm in Ukraine these days. Very strong across all practice areas, extremely professional ethos and service culture”

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PRACTICES. INDUSTRIES. 1 firm.

Practices:

Start-ups and Venture Capital

Investment into Ukrainian food-tech start-up Foodz

Legal advisor to MHP

Private equity 

Acquisition of Thomson Reuters’ Intellectual Property & Science Business

Legal advisor to Onex Corporation and Baring Private Equity Asia

Antitrust

Merger control clearance for the acquisition of Eaton’s Hydraulics business

3.3

Bln USD

Legal advisor to Danfoss

Capital markets

Consensual deferral of external debts worth over USD25 billion

25

Bln USD

Ukrainian legal counsel to (i) the Ministry of Finance of Ukraine, (ii) Private Joint Stock Company “National Power Company “Ukrenergo” (“Ukrenergo”), and (iii) the State Road Agency of Ukraine (“Ukravtodor”)

Compliance and Internal investigations

Tax fraud compliance and legal analysis of possible Ukrainian law implications of the UK Criminal Finances Act 2017

Iron ore company with assets in Ukraine

Corporate

Full legal support in connection with launch of American University Kyiv

Legal advisor to the managing partners of American University Kyiv

Data protection and Cybersecurity

Advice on Ukrainian data protection and telecommunications law matters related to transfer and processing of personal and telecom data

Multinational telecommunications services company

Employment

Complex employment support in relation to the creation of co-working hub, structuring the employment relations and drafting documents

Legal advisor to Spectrum Equity

Energy & Natural resources

Sale of a stake in renewable energy projects to Elementum Energy, the largest international renewable energy producer in Ukraine

Legal advisor to one of the sellers

Finance

CAD 2.4 billion (equivalent to USD1.8 billion) concessional loan from Canada

2,4

Bln CAD

Legal advisor to the Ministry of Finance of Ukraine

Government relations

ACTED FOR UKRAINE ON CONSENSUAL DEFERRAL OF EXTERNAL DEBTS WORTH OVER USD25 BILLION

25

Bln USD

Ukrainian legal counsel to (i) the Ministry of Finance of Ukraine, (ii) Private Joint Stock Company “National Power Company “Ukrenergo” (“Ukrenergo”), and (iii) the State Road Agency of Ukraine (“Ukravtodor”)

Intellectual property

Advice on transfer of proprietary rights to intellectual property

Legal advisor to GoDaddy

International arbitration

Defeated a challenge to a USD20 million LCIA Award with the UK High Court

20

Mln USD

Legal advisor

Litigation

Defended the client, a Member of Parliament of Ukraine of the 9th convocation, a Lieutenant General of the Ukrainian Armed Forces, in the criminal case heard by the High Anticorruption Court

Legal advisor

Mergers and Acquisitions

Acquisition of NeoGames by Aristocrat Leisure Limited

Ukrainian legal advisor to Aristocrat Leisure Limited

Private clients

Settlement of Prime Assets Capital trust and transfer of Roshen Group

Legal Advisor to Roshen

Real estate & Infrastructure

Establishing campus in historic Kyiv River Port building

Legal advisor to American University Kyiv

Restructuring

Debt restructuring under the two inter-conditional English schemes of arrangement for DTEK Energy B.V. and DTEK Finance PLC

2

Bln USD

Legal advisor to DTEK Group

Tax

Tax aspects of Eurobond issue

825

Mln USD

Legal Advisor to National Power Company “Ukrenergo”

White-collar crime

Internal investigation into the suspected insider fraud followed by the criminal proceedings

Legal advisor to international e-commerce company

Industries:

Technology

Acquisition of Blam!Games Studios

Legal advisor to Nordcurrent

Agriculture

Advising on the largest contract for the supply of agricultural products

26.8

Bln USD

Legal Advisor to “State Food and Grain Corporation of Ukraine”

Banking and Financial institutions

Tax advice on cross-border financing matters

Legal Advisor to PrivatBank

Consumer goods

Corporate group restructuring

Legal Advisor to New Products Group

Energy & Natural resources

Acquisition of 70% stake in the Zavallivskyi Graphite Group

Legal advisor to Volt Resources Limited

Healthcare & Pharmaceuticals

Advice on transfer of employees due to global spin-off of Covestro

Legal advisor to Bayer AG

Industrial and Manufacturing

Developed and implemented dispute resolution strategy in multi-party dispute over shares in Poltava Mining Refinery

400

Min USD

Legal Advisor to Ferrexpo AG, subsidiary of LSE-listed Ferrexpo Plc

Real estate

Construction of a real estate complex in the centre of Kyiv in the form of a joint investment with a business partner

Legal advisor to A-Development, one of the leading Ukrainian developers

Telecoms and Media

Eurobond offering of Vodafone Ukraine’s loan participation notes

500

Mln USD

Legal advisor to joint lead managers

Newsroom

Our insights and press releases

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  • Events

Global russia Risks: Financial Crime and Compliance Forum

We invite you to join us for our upcoming event, Global russia Risks: Financial Crime and Compliance Forum, taking place on 17th January at 16:00 EET. The forum will gather leading experts on financial crime, anti-money laundering, cryptocurrency and sanctions to discuss risks posed by russia to international businesses.  Discussion will be led by distinguished […]

December 22, 2023

AVELLUM acts as Ukrainian legal counsel to MHP SE in connection with the recent loan financing from EBRD, IFC and DFC

AVELLUM announced that it acted as Ukrainian legal counsel to MHP SE and its Ukrainian subsidiaries (“MHP”) in connection with the recent loan financing from the European Bank for Reconstruction and Development (“EBRD”), the International Finance Corporation (“IFC”) and the U.S. International Development Finance Corporation (“DFC”). EBRD, IFC and DFC have collaboratively organised a financial […]

December 11, 2023

NEURC makes next step in introducing aggregation in Ukrainian energy market

On 18 October 2023, the National Energy and Utilities Regulatory Commission (“NEURC”) adopted the Licensing Terms for Aggregation in the Electricity Market under Resolution No. 1909 (“Resolution”). Background The aggregation was first introduced earlier this year by Law of Ukraine “On Amendments to Certain Laws of Ukraine on Restoration and Green Transformation of the Energy […]

December 8, 2023

Reconstruction of Ukraine by Kim & Chang and AVELLUM

Seoul, Korea – November 27, 2023 Kim & Chang, South Korea’s largest and most specialised law firm, in collaboration with AVELLUM, hosted a groundbreaking seminar in Seoul, focusing on the reconstruction efforts in Ukraine. The event aimed to facilitate discussions and provide insights for local businesses interested in investing in and contributing to the rebuilding […]

November 28, 2023

AVELLUM and Hillmont Partners to win in the Supreme Court, having successfully defended the US investors Argentem Creek Partners and Innovatus Capital Partners 

Argentem Creek Partners (ACP) and Innovatus Capital Partners (Innovatus), a US-based investment fund and an asset management company, specialise in emerging market lending. ACP and Innovatus have invested hundreds of millions of US dollars in Ukraine in recent years. Hillmont Partners and Avellumwon in the Supreme Court, which ruled to uphold the bankruptcy proceedings against […]

November 21, 2023

AVELLUM team contributes to amici curiae brief at the request of the Supreme Court

AVELLUM Arbitration Practice, within the working group of the Ukrainian Arbitration Association, participated in drafting and submitting the Amici Curiae Brief to the Grand Chamber of the Supreme Court (“GC of the SC”). The Amici Curiae Brief addressed the issue of extending the applicability of an arbitration clause outlined in a contract to a dispute […]

November 10, 2023

NBU permits early repayment of loans to DFIs and ECAs

The National Bank of Ukraine (“NBU”) further relaxed currency control restrictions allowing Ukrainian borrowers to make early repayments of cross-border foreign currency loans extended after 20 June 2023 to development finance institutions (“DFIs”) and foreign export credit agencies (“ECAs”). To recap, back in June 2023, the NBU permitted the repayment of cross-border foreign currency loans to […]

November 8, 2023
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AVELLUM acts as Ukrainian legal counsel to MHP SE in connection with the recent loan financing from EBRD, IFC and DFC

AVELLUM announced that it acted as Ukrainian legal counsel to MHP SE and its Ukrainian subsidiaries (“MHP”) in connection with the recent loan financing from the European Bank for Reconstruction and Development (“EBRD”), the International Finance Corporation (“IFC”) and the U.S. International Development Finance Corporation (“DFC”). EBRD, IFC and DFC have collaboratively organised a financial […]

December 11, 2023

AVELLUM and Hillmont Partners to win in the Supreme Court, having successfully defended the US investors Argentem Creek Partners and Innovatus Capital Partners 

Argentem Creek Partners (ACP) and Innovatus Capital Partners (Innovatus), a US-based investment fund and an asset management company, specialise in emerging market lending. ACP and Innovatus have invested hundreds of millions of US dollars in Ukraine in recent years. Hillmont Partners and Avellumwon in the Supreme Court, which ruled to uphold the bankruptcy proceedings against […]

November 21, 2023

AVELLUM team contributes to amici curiae brief at the request of the Supreme Court

AVELLUM Arbitration Practice, within the working group of the Ukrainian Arbitration Association, participated in drafting and submitting the Amici Curiae Brief to the Grand Chamber of the Supreme Court (“GC of the SC”). The Amici Curiae Brief addressed the issue of extending the applicability of an arbitration clause outlined in a contract to a dispute […]

November 10, 2023

NBU permits early repayment of loans to DFIs and ECAs

The National Bank of Ukraine (“NBU”) further relaxed currency control restrictions allowing Ukrainian borrowers to make early repayments of cross-border foreign currency loans extended after 20 June 2023 to development finance institutions (“DFIs”) and foreign export credit agencies (“ECAs”). To recap, back in June 2023, the NBU permitted the repayment of cross-border foreign currency loans to […]

November 8, 2023

AVELLUM secures merger control clearance for acquisition of control over co-owner of Ocean Plaza

AVELLUM advised JSC Integrity Capital on obtaining merger control clearance from the Antimonopoly Committee of Ukraine for the acquisition of shares in LLC Lanita Invest. Lanita Invest is an indirect co-owner of Ocean Plaza – one of the largest shopping and entertainment complexes in Kyiv, Ukraine. Following this transaction, Integrity Capital has now become an indirect […]

October 26, 2023

The Roman Ratushnyi scholarship widens its reach to empower more Ukrainian law students

There are never too many charitable initiatives. As the new academic year begins, we are delighted to draw attention to the scholarship program established in memory of Roman Ratushnyi by our esteemed partners and colleagues from Allen & Overy, Morgan Lewis, and Norton Rose Fulbright. Last year, we marked a solid start to this initiative […]

October 9, 2023
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NEURC makes next step in introducing aggregation in Ukrainian energy market

On 18 October 2023, the National Energy and Utilities Regulatory Commission (“NEURC”) adopted the Licensing Terms for Aggregation in the Electricity Market under Resolution No. 1909 (“Resolution”). Background The aggregation was first introduced earlier this year by Law of Ukraine “On Amendments to Certain Laws of Ukraine on Restoration and Green Transformation of the Energy […]

December 8, 2023

Legal entities are obliged to register in Unified Judicial Information and Telecommunication System

On 18 October 2023, Law of Ukraine “On Amendments to Certain Legislative Acts of Ukraine Regarding Mandatory Registration and Use of Electronic Offices in the Unified Judicial Information and Telecommunication System or its Separate Subsystem (Module) Enabling Document Exchange” No. 3200-IX, dated 29 June 2023, will be enacted (“Law”). The Law introduces an obligation to […]

October 20, 2023

Law on regulation of digital content and digital services adopted

On 30 August 2023, the President of Ukraine signed Law of Ukraine “On Digital Content and Digital Services” No. 3321-IX (“Law”), designed to implement EU Directive 2019/770. The principal provisions of the Law enter into force on 2 March 2024.   Key provisions of the Law   Additional notes This LEGAL ALERT is issued to inform AVELLUM clients […]

September 8, 2023

Law of Ukraine on regulating activities of branch offices of foreign companies in Ukraine entered into force

On 3 September 2023, Law of Ukraine “On Amendments to Certain Legislative Acts of Ukraine on the Regulation of Activities of Separate Subdivisions of a Legal Entity Established in Accordance with the Laws of a Foreign State” No. 3257-IX, dated 14 July 2023 (“Law”), entered into force. The Law improves the procedure for state registration […]

September 5, 2023

Bankruptcy procedure adapted for martial law

Law of Ukraine “On Amendments to the Bankruptcy Code of Ukraine on the Application of Bankruptcy Procedures during the Period of Martial Law” No. 3249-IX dated 13 July 2023 (“Law”) entered into force on 29 July 2023. This Law aims to adapt specific bankruptcy issues to the realities of martial law. For the period of martial […]

July 31, 2023

Can the Ukrainian business be excluded from a global transaction to avoid the need for Ukrainian merger clearance?

Recently, the Ukrainian competition watchdog has made it clear that the answer is no. On 22 June 2023, the regulator imposed a hefty fine (around EUR 623,375) on Cheplapharm Arzneimittel for violating the standstill obligation and closing the acquisition of the Valcyte® business from Hoffmann-La Roche during the Phase II review. What happened? In December 2021, the parties asked […]

July 31, 2023
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AVELLUM acts as Ukrainian legal counsel to MHP SE in connection with the recent loan financing from EBRD, IFC and DFC

AVELLUM announced that it acted as Ukrainian legal counsel to MHP SE and its Ukrainian subsidiaries (“MHP”) in connection with the recent loan financing from the European Bank for Reconstruction and Development (“EBRD”), the International Finance Corporation (“IFC”) and the U.S. International Development Finance Corporation (“DFC”). EBRD, IFC and DFC have collaboratively organised a financial […]

December 11, 2023

COURT PRACTICE ON THE OBJECTS COMMISSIONING (ukr)

Інна Ербелідзе, Юлія Підлісна Введення в експлуатацію закінчених будівництвом об’єктів є завершальною і водночас найбільш проблемною стадією будівництва. Органи архітектурно-будівельного контролю (“Містобудівний Орган”) часто відмовляють у реєстрації декларації про готовність об’єкта до експлуатації (для об’єктів СС1) чи видачі відповідного сертифіката (для об’єктів СС2 та СС3), не аргументуючи такі відмови та обмежуючись загальними посиланнями на положення […]

December 22, 2021

СONSTRUCTION, RECONSTRUCTION, RESTORATION, REPLANNING, CAPITAL AND ORDINARY REPAIR: COURT PRACTICE (ukr)

Термінологія будівельного законодавства є широкою та, на перший погляд, може виглядати заплутаною. Так, за Законом України “Про регулювання містобудівної діяльності” від 17 лютого 2011 року № 3038-VI (“Закон про Містобудівну Діяльність”), основний термін “будівництво” включає в себе такі поняття як “нове будівництво”, “реконструкція”, “реставрація” та “капітальний ремонт”. Додатково до зазначеного вище, знаходимо термін “перепланування” у таких нормативно-правових актах: […]

December 22, 2021

FOR FOREIGN INVESTORS: PECULIARITIES OF SHARE TRANSFER IN UKRAINE

As a rule, transactions with securities, including shares in joint stock companies, require the engagement of an investment firm, in particular a securities broker. At the same time, the Law of Ukraine “On Capital Markets and Organised Commodity Markets”, which entered into force on 1 July 2021, provides for several exceptions to this rule. Indeed, […]

December 20, 2021

DIIA CITY LAW IN UKRAINE: IP

On 11 August 2021, the President of Ukraine signed Law of Ukraine “On Stimulating the Development of the Digital Economy in Ukraine” No. 1667-IX (“Law”). Most of its provisions became effective on 14 August 2021, introducing Diia City, a special legal regime for IT companies, and bringing changes beyond the IT industry. Background It is no […]

December 10, 2021

BUYERS BECOME MORE DEMANDING WITH RESPECT TO POTENTIAL TARGETS, AVELLUM’S SURVEY REVEALS

AVELLUM for the second time researched how the coronavirus outbreak affected the plans of businesses to purchase or sell assets or companies in Ukraine in the next 6 to 12 months.

December 7, 2021
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January, 17, 16:00 – 18:00

Global russia Risks: Financial Crime and Compliance Forum

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November, 30, 11:00 – 12:00

Бізнес vs правоохоронні органи: на що чекати у 2024 році?

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IFLR1000

AVELLUM is a professional firm with excellent attention to detail and good lawyers. They always perform well and are very driven in providing top service.

IFLR1000

Uniformly excellent. The best firm in Ukraine these days. Very strong across all practice areas, professional ethos and service culture.

Chambers Europe 2019

“An excellent combination of international experience and deep knowledge of Ukrainian realities”

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