The Ukrainian Journal of Business Law

[index.php] ABOUT CURRENT ISSUE SUBSCRIBE & ORDER ADVERTISE UJBL TEAM EDITORIAL CALENDAR GET PUBLISHED CONTACT UJBL: current issue November 2007 In Focus Ц International Finance The rise in commercial relations between countries and business entities and the rapid expansion of transnational corporations (TNCs) meant that qualitative changes in the fi nancial environment were necessary. In this issue, we will endeavor to develop the most crucial issues of Ukrainian involvement in international projects, assess the development of financial tools and analyze possible prospectsЕ Law Library On Approval of the Regulation On the Order of Issue of Individual Licenses for Investments Abroad Resolution of 16 March 1999, No.122 Expert Opinion Helen O. Volska International Financial Resources: Making the Right Decision Coming up with brilliant business ideas, developing expansion plans, fighting competition, investing in the future, and working on customer relationships Чnone of these can succeed individually if adequate financial resources are not in place. The ability to access sufficient financial resources at the right price is really becoming a strategic advantage for companies since an inability to do so can truly limit the development and success of companiesЕ In Re Sergei V. Chorny, Nadiya V. Mukvich Securitisation in Ukraine Commencement of international securitisation transactions involving Ukrainian originators was perhaps the most notable innovation in the Ukrainian financial market in 2007. We will probably see more securitisation transactions from Ukraine shortlyЕ Maksim A. Nazarenko Ukrainian Companies and IPOs Ц the Pros and Cons Speaking about IPOs is considered to be a haut ton in the modern Ukrainian business community. Most companies declare their future IPO Уnext yearФ. In addition, the number of IPOs made by Ukrainian companies is considerably small. Do they need an IPO? Ivanna A. Dorichenko Liability of Banks in L/C Transactions under Common Law Documentary credits or letters of credit (L/C) are widely used in the vast majority of international transactions as both a flexible means of payment and a short-term financing instrumentЕ Global Legal Update Oleh M. Malskyy Is There a Place for УFiduciary DutiesФ in Ukrainian Corporate Law? Fiduciary duty is perhaps the most important concept in Anglo-American law on corporations. The word УfiduciaryФ comes from the Latin УfidesФ, meaning faith or confidence. It was originally used in common law to describe the nature of duties imposed on a trusteeЕ Argument Irina Y. Zubrytska Presentation of Evidence in Commercial Litigation: Current Ukrainian Practice My article is about presentation of evidence in Ukrainian commercial litigation. Ukrainian legislation and procedural rules are quite specific and unusual for both civil and common law countries. And these rules have been forming the standards of behavior of Ukrainians lawyers and practitionersЕ Venue Olga A. Usenko Global Voice Asian-Style Being the global voice of the legal profession, the International Bar Association (IBA) held its Annual Conference on 14-19 October in multicultural Singapore. One of the largest venues in the Asia-Pacific region, the Suntec International Convention and Exhibition Center, welcomed guests from almost all parts of the planetЕ Tax Issues for Leasing Activities Round Table In series of Round Tables to be hosted in Ukraine, Deloitte held their first Round Table on 18 October 2007. The Round Table provided participants with a chance to participate in an open discussion of current tax issues related to leasing activities; raise questions related to tax and legal developments in the leasing industry and receive updates on industry developments, and it also allowed industry operators to share their experiences of operating in this fast developing financial sectorЕ Legal Vision What is the Influence of External Policy on Business Environment? 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