The Ukrainian Journal of Bussines Law

[http://pravo.ua/ufu/] Counse link ANTIKA Law Firm 12, Khreshchatyk street, 2-nd floor, Kyiv , 01001 , Ukraine Phone: +38 (044) 390 09 20 Fax: +38 (044) 390 09 21 office@antikalaw.com.ua www.antikalaw.com.ua/en Arzinger 75, Zhylyanska Street., 5th floor, Kyiv , 01032 , Ukraine Phone: +38 (044) 390 55 33 Fax: +38 (044) 390 55 40 mail@arzinger.ua www.arzinger.ua Asters Leonardo Business Center, 14th floor, 19-21 Bohdana Khmelnytskoho St., Kyiv , 01030 , Ukraine Phone: +380 44 230 6000 Fax: +380 44 230 6001 info@asterslaw.com www.asterslaw.com Chadbourne & Parke LLP 25B Sahaydachnoho Street, 3 Floor, Kyiv , 04070 , Ukraine Phone: +38 (044) 461 75 75 Fax: +38 (044) 461 75 76 Kyiv@chadbourne.com www.chadbourne.com CMS Cameron McKenna LLC 6 Floor, 38 Volodymyrska Street, Kyiv , 01034 , Ukraine Phone: (044) 391 33 77 Fax: (044) 391 33 88 kyivoffice@cms-cmck.com www.law-now.com DLA Piper Ukraine, LLC 77A Velyka Vasylkivska Street, Kyiv , 03150 , Ukraine Phone: (044) 490 95 75 Fax: (044) 490 95 77 ukraine@dlapiper.com www.dlapiper.com Gvozdiy & Oberkovych 19b Institutska str., Office 29, Kyiv , 01021 , Ukraine Phone: +38 (044) 581 12 20 Phone: +38 (044) 581 12 21 Fax: +38 (044) 581 12 22 info@gvozdiy.com www.gvozdiy.com International law firm Integrites 15-B Borysohlibska St.,, Kyiv , 04070 , Ukraine Phone: +380†(44) 391 38 53 Fax: +380†(44) 391 38 54 pr@integrites.com www.integrites.com Inyurpolis law firm (ILF) 14-A †Skrypnyka Street,, Kharkov , 61057 , Ukraine Phone: +38†(057)†728 00 00 Fax: +38†(057)†714 06 28 office@ilf-ua.com www.ilf-ua.com Konnov & Sozanovsky 23 Shota Rustaveli Street, Suite 3, Kiev , 01019 , Ukraine Phone: +380 (0) 44 490-5400 Fax: +380 (0) 44 490-5490 info@konnov.com www.konnov.com LCF Law Group 47 Volodymyrska street, Office 3, Kyiv , 01034 , Ukraine Phone: +38 (044) 455 88 87 Fax: +38 (044) 502 55 23 info@lcfgroup.com.ua www.lcfgroup.com.ua/en/ Sokolovskyi and Partners Law Firm 25 Klinichna Street, 2nd floor, Kyiv , 03141 , Ukraine Phone: +380 44 495 1928 Fax: +380 44 275 6799 pravo@lex.org.ua www.lex.org.ua Spenser & Kauffmann 3 Panfilovtsev Street, Kyiv , 01015 , Ukraine Tel./Fax: +38 (044) 288 83 83 office@sklaw.com.ua www.sklaw.com.ua VS Litigation 16/3, M. Zhytomyrska Str., Office 28, Kyiv , 01001 , Ukraine Phone: +380 (44) 227 44 99 Fax: +380 (44) 278 31 73 Kyiv@vslitigation.com vslitigation.com LATEST NEWS August 6, 2012 Konnov & Sozanovsky advised Hyundai Motor Company The team of Konnov & Sozanovsky consisting of the managing partner Alexey Ivanov, associates Helen Tsygulskaya and Sergei Glushchenko obtained permission of the Antimonopoly Committee of Ukraine (hereinafter Ц the AMCU) for the acquisition by the lar… August 3, 2012 Chairman of Iranian bank delisted by EU Council from Iran nuclear sanctions The Council of the European Union in its decision notified on 3 August 2012 has reversed its decision to place punitive sanctions against Dr Ali Divandari, who is the former chairman of Bank Mellat, the largest private bank in Iran. The EU Council o… The Polish-Ukrainian Legal Day The Polish-Ukrainian Legal Day will be held on 19 September 2012 in Lvov, Hotel Citadel Inn (11, Grabovskiy Steet), under the patronage of the International Bar Association. Media Partner is The Ukrainian Journal of Business Law… Read more news CURRENT ISSUE ( July-August 2012 ) In focus – Agriculture The global demand for food products is probably the most dynamically growing one. In light of this the status of Ukraine as an agrarian state generates dramatically new meaning, context and implications. Despite a number of regulatory restrictions, Ukrainian agribusiness has become the rainmaker for attracting funds on international capital markets, pursuing transparent corporate and management structures, expanding manufacturing profiles and competences through M&A transactions and initiation of trade disputesЕ Expert Opinion Interests of Agricultural Producers: to Recognize or to Ignore? Oleksandr A. Shyshkanov Contrary to predictions, agricultural producers have more concerns than positive expectations concerning the future completion of the land reform. On one hand, lifting of the moratorium for sale of agricultural land is a long-anticipated event that is viewed by experts and market participants as the attribute of the further development of the agroindustrial complex. On the other hand, the Draft Act On Land Market that was passed by the Verkhovna Rada of Ukraine in the first reading in December 2011 does not meet the relations that prevail at present in domestic agriculture... In Re The EU Ч UkraineТs Free Trade Agreement: Where Do we Go in Agriculture? Dmytro S. Kiselyov On the advent of UkraineТs hosting of the EURO 2012 football tournament, there has been progressive discussion of UkraineТs geopolitical place in the modern world and what particular pathway should be chosen by Ukraine for further integration into the global economy. Actually, few options for Ukraine remain and one of them is integration with Europe, in particular with the European Union (EU). It is clearly understood that in order to integrate on political and the social side it is very important to integrate the developing economy of Ukraine into the European marketЕ State Support of Agricultural Producers in Ukraine Oleksiy O. Demyanenko The basic principles and types of state support for agricultural producers in Ukraine are established by the On State Support of UkraineТs Agriculture Act of Ukraine of 24 June 2004 and effective from 1 January 2005 (the Agriculture Support Act). The amounts of funds allocated under the relevant state support programs are determined annually by the On the State Budget Act of UkraineЕ Peculiarities of Agricultural Insurance Legal Regulation with State Support Oleksii O. Kominarets The specificity of agricultural production as a form of economic activity in agrarian business, its seasonality, dependence on climatic and natural conditions, increased risk of agricultural production loss stipulate the development and implementation of effective mechanisms for insuring the manufacturing risks incurred by agricultural producers. Thus, according to statistics of 2011, Ukraine is ranked number two in corn export turnover (after the USA) and number three among the grain exporters in general (after the USA and EU countries combined)Е Legal Aspects of Agricultural Holdings in Ukraine Alexander Weigelt, Oleg A. Klymchuk The formation of agricultural holdings (AH) in Ukraine as modern corporate structures in the agricultural sector is a relatively new business trend. It has emerged during the last 4-6 years and is characterized by professionalization of agricultural operations and vertical and horizontal integration into one corporate structure. Today, more than 25 AH exist in Ukraine, accumulating not only significant land banks (according to some sources about 4 million hectares), but also advanced technologies and management up to international standardsЕ Hot Issue M&A in Agricultural Sector Alexander I. Borodkin Transactions for acquisition of agricultural companies and their assets have certain specifics as compared to other M&A transactions. These specifics come from the very nature of agricultural business. Understanding the peculiarities of agricultural business allows lawyers and other advisors to better structure the transaction in whole, choose proper contractual instruments and collaterals, and propose workable time and settlement schedules. The article provides an overview of some industry-specific factors to be taken into account in conducting M&A transactions in the agricultural sector... Global Legal Update Effectiveness of Notices in International Trade under the Rules of the Grain and Feed Trade Association Ivanna A. Dorichenko After nearly 10 years since the authorТs first article on subject we are back to where we started: there is nothing more important for the parties to an international trade transaction than effective communication. This includes not only knowing what is to be said but also making sure that it has been expressed in an appropriate manner, within sometimes very specific time limits and with due account of the consequences that may or will follow... Business Lunch Work under Force-Majeure Circumstances Severe weather conditions during the 2012 winter have obviously caused serious negative consequences for business. The mass media and official sources have repeatedly announced the news related to a difficult ice situation in the Sea of Azov and the Black Sea as a result of which the loading/unloading in ports and vessels sailing to the destination were significantly delayed... Case Law Merchant International Co Ltd vs. National JSC Naftogaz of Ukraine: A Tale of Two Cities Richard Perkoff In April 2006 the Kiev Commercial Court gave judgment in favour of Merchant International (MIC) against Naftogaz for over USD 29 million and costs. The Supreme Commercial Court of Ukraine reduced this amount on appeal. In September 2006 the Supreme Court of Ukraine refused to permit a Cassation appeal to review the SCCUТs judgment of 29 June 2006. It further ruled that its judgment was final and could not be appealed... Crux Tax Code of Ukraine Ч One Step Ahead Andriy Buzhor On 24 May 2012 Ukrainian Mps adopted the On State Support of the Software Industry Act of Ukraine, No.8267 and the On Amendments to the Tax Code of Ukraine Concerning the Special Regime of Taxation of the Software Industry Products Act of Ukraine, No.9744, aimed at encouraging the development and boosting of the global competitiveness of the Ukrainian IT industry... Vladyslav Golubovskyi The issue of electronic issue of tax invoices was recently resolved by the Ukrainian Parliament. On 24 May 2012 the latter passed Draft Act No.9661-d, which allows taxpayers to issue tax invoices in an electronic form after its registration in the Unified Register of Tax InvoicesЕ Alexey Khomyakov The recently adopted Draft Act On Amending the Tax Code of Ukraine Concerning Improvement of the Certain Tax Provisions, No.9661-d has finally been signed by the President of Ukraine. Below we outline the key changes to the tax legislation, as introduced by the DraftЕ Iryna Pavliuk It seems natural that the number of appeals against decisions by the tax authorities has rapidly increased with the adoption of the new Tax Code of Ukraine, just like with the introduction of any substantial amendments to Ukrainian tax lawsЕ Networking Family Picnic in Riviera On 24 June 2012 the beauty and green cottage area Riviera Villas kindly hosted the Second Annual Family Picnic of the Stolypin Club. Walking in the silent street through cottages and pines, the Club members got themselves onto the green lawn, where everything for a family holiday was readyЕ HOME CURRENT ISSUE SUBSCRIBE & ORDER NEWS SPONSORSHIP & ADVERTISING GET PUBLISHED EDITORIAL CALENDAR ARCHIVE CONTACT HOME CURRENT ISSUE SUBSCRIBE & ORDER NEWS ADVERTISE GET PUBLISHED EDITORIAL CALENDAR ARCHIVE CONTACT BANNER EXCHANGE Copyright © 2003-2010 by Yuridicheskaya Practika Publishing. All rights reserved.