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 Instytutska Street, Office 29, Kyiv , 01021 , Ukraine Phone: +38 (044) 581 12 20 Phone: +38 (044) 581 12 21 Fax: +38 (044) 581 12 22 info@golaw.ua www.golaw.ua IMG Partners 1/8 Ihorivska str.,, Kyiv , 04070 , Ukraine Phone: +380 44 201-10-66 Fax: +380 44 201-10-66 office@imgpartners.com.ua www.imgpartners.com.ua 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 CURRENT ISSUE ( November 2012 ) In focus – Offshore & Onshore In a situation of uncertain economic environment and lots of limitations in the regulation, structuring of corporate activity abroad via offshore/onshore zones, these jurisdictions are of greater significance than ever before. Such states specially design attractive benefits for businesses in terms of taxations, assets security, regulatory burden, etcЕ Expert Opinion Cyprus as an УOffshoreФ Jurisdiction for Ukrainian Businesses Oles A. Kvyat The establishment and use of non-resident companies by medium and big sized businesses are among the essential and most important stages of their structuring and further development today. In such a case, no matter what tax authorities and certain progressive-minded politicians say, Уtax minimizationФ and confidentiality on the part of owners are far from the only purposes, which are pursued by businessmen when establishing or purchasing companies in the so-called УoffshoreФ jurisdictions... In Re Private Assistant Lana A. Golian Issues of confidentiality of beneficiaries in deals relating to both structuring and protection of business assets or tax planning transactions are becoming more and more topical today. Investigations by inquisitive journalists, a heightened interest from fiscal authorities and invalidation of transactions show that all beaten paths and hackneyed offshore schemes are closed now. To avoid such negative effects as additional accrued taxes, the owner shall consider not only recommendations of offshore advisers, but also specialists in tax planning and contract law... Is Hong Kong a New Possible Destination? Artem Y. Gryadushchyy When someone says the word offshore, most automatically think of Cyprus, due to the historic business connection between Ukraine and Cyprus. However, going beyond that, people without a legal background will unlikely come up with anything other than the British Virgin or Cayman Islands. However, choosing an offshore (or onshore) jurisdiction is something that any entrepreneur will have to deal with in the modern economic world sooner or later... Case Law Berezovsky 0 v. Abramovich 2. Battle of the Oligarchs in LondonТs Courts Stephen Ross LondonТs Commercial Court is used to dealing with high value and complex pieces of litigation. It is estimated that around 60% of the CourtТs work relates to disputes between Russian/CIS/Ukrainian parties, even though it is often the case that the disputes have little to do with England The most recent Commercial Court decision of note concerned Boris BerezovskyТs titanic USD 6.5 billion claim against Roman Abramovich, the result of which threw up some very interesting issues for international litigators... Global Legal Update Intellectual Property Rights: in the Global Spiderweb Vira O. Vallee The growth of international trade and technology development in the era of globalization requires implementation of the global IPRs protection regime. Intellectual asset owners interested in securing their IPRs abroad have regularly pressed for international harmonization of IP law. States around the globe are on the path of converging upon the same set of IP standards. They are shifting these rules to higher standards than those which previously prevailed in their domestic legislation: longer terms of protection, fewer exceptions to the scope of rights... Venue Lawyers discovering Dublin. 30 September Ч 5 October International Bar Association held its Annual Conference in Dublin, Ireland Olga A. Usenko As the available evidence shows, it is a must have for legal practitioners to learn and understand key developments in foreign jurisdictions because of their relevance in a globalized world. That is why the popularity of the IBA annual conferences increases year on year. Practitioners from all over the world came to Dublin to exchange the latest developments and thoughts about the latest legal business developments, legislative updates, lessons and opportunities derived from the current economic situationЕ Crux M&A Market in Ukraine Ivan Romashchenko In 2012 the M&A market in Ukraine was seriously influenced by economic events in Europe and in the world in general. Considering the fact that companies have problems with payment, many of them were hesitant to merge or to buy other firms. The top managers of leading companies now prefer to wait for a better moment when the future is more predictable and stableЕ Alexey Kot Undoubtedly the most significant change in competition regulation in 2012 was the new practice of the Antimonopoly Committee of Ukraine (AMCU) regarding the size of fines for violating legislation in this sphere. The size of fines increased 5-10 times compared to 2011. According to the AMCU statement posted on its website, from 1 July the Committee may apply a fine for concentration without AMCU permission in the maximum amount Ц i.e. 5% of the companyТs turnover for the previous yearЕ Oles Kvyat The relatively new Joint Stock Companies Act of 2008 (the JSC Act) still remains among the most topical corporate and M&A enactments in Ukraine, which deeply influenced all types of corporate procedures in joint stock companies (the JSC(s), thus making the Ukrainian emissive securities market more attractive both to foreign and national investorsЕ Leonid Gorshenin The year 2012, similar to 2011, was marked by some stepping up in demand from clients for legal due diligence services. The services rendered in the said period had certain peculiarities. A number of uncompleted construction and development projects, which had been earlier УfrozenФ because of a shortage of financing, were restored to life. The owners of such projects and prospective creditors or buyers needed legal due diligence to assess the current legal state of the УstandbyФ projects and further prospects of their implementationЕ 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.