The Ukrainian Journal of Business Law

[http://ukrainianlawfirms.com] 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 Senator Business Center, 32/2 Moskovska street, 10th floor, Kyiv , 01010 , 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 DLF attorneys-at-law Torus Business Centre, 17d Hlybochytska Street, Kyiv , 04050 , Ukraine Phone: +380 44 384 24 54 Fax: +380 44 384 24 55 info@dlf.ua www.dlf.ua ECOVIS Bondar & Bondar Law Bureau 3 Rognidyns'ka street, office 10, Kyiv , 01004 , Ukraine Phone: +38 (044) 537 09 10 Fax: +38 (044) 537 09 10 Kyiv-law@ecovis.com www.ecovis.com/ua GOLAW 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 Ilyashev & Partners 11 Kudryavska Str, Kyiv , 04053 , Ukraine Phone: +38 (044) 494 19 19 Fax: +38 (044) 494 19 99 office@attorneys.ua www.attorneys.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 KUSHNIR, YAKYMYAK & PARTNERS 19-B Instytutska Street, Suite 40, Kyiv , 01021 , Ukraine Phone: +380 44 253 5939 Fax: +380 44 253 5940 kypartners@kypartners.com www.kypartners.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/ Sayenko Kharenko 10 Muzeyny Provulok, 7th floor, Kyiv , 01001 , Ukraine Phone: +380 44 499 6000 Fax: +380 44 499 6250 info@sk.ua www.sk.ua LATEST NEWS December 22, 2017 Konnov & Sozanovsky has announced the strengthening of its Intellectual Property Practice Konnov & Sozanovsky has announced the strengthening of its Intellectual Property Practice through the accession of ARTEX UKRAINE, an intellectual property services firm. ARTEX UKRAINE successfully operates in Ukraine since 2011. The firm possess… December 21, 2017 Dentons represented BIIR in connection to property raid in Odesa Dentons represented Bojer Innovativ Ingeniør Rådgivning (BIIR), a leading engineering consulting company in Aarhus, Denmark, in connection with the raid of the client’s property in Odessa, Ukraine. BIIR is a foreign inves… December 20, 2017 Konnov & Sozanovsky represented Microsoft Ukraine Konnov & Sozanovsky successfully represented Microsoft Ukraine in the UAH 2,38 million labor dispute (approx. USD 90, 000). Having considered the case the Goloseevsky District Court of Kiev dismissed all claims brought against Microsoft Ukraine … Read more news CURRENT ISSUE ( December 2017 ) In focus – Labor & Employment The ambitious program of legal reforms straightens across judicial, competition, corporate and, finally, employment law. Last is certainly not least. The countryТs labor and employment legislation required substantial changes as the market economy is constantly evolving. Moreover, harmonization with EU laws is certainly an anchor for introducing changes and work as gentle nudges. Expert Opinion Obstacle Race: Dismissing Unionized Employees Inesa Letych As a general tendency, the public perception of trade unions in Ukraine is rather ambiguous. On the one hand, there is common understanding of the primary role of trade unions as public institutions for protecting the rights and interests of employees. In Re Difficult Dismissals of Senior Managers Lidiia Sanzharovska Reasons for firing senior managers For a legal entity to function properly it is very important that its top managers meet the highest standards of corporate responsibility, act in compliance with regulations themselves and actively introduce a culture of compliance in all spheres of a legal entityТs activities, and that they also perform their duties in good faith and in full. Aspects of Labor Law in Cross-Border M&A Zoryana Sozanska-Matviychuk, Olga Kozachenko A cross-border M&A transaction, just like any other complex project, multi-stakeholder project, requires careful planning to be properly implemented. Aspects of labor legislation will often be present, and clients should be well advised to think about those early in the process, and plan accordingly. News Deals DLA Piper advised Aristocrat Leisure AVELLUM advised Coast2Coast DLA Piper advised McDonaldТs† Asters advised BSTDB † Cases PrivatBank lost lawsuit to 1+1 TV affiliate Ukraine loses energy case in London Parallel-M lost lawsuit for 1.5 million Hackers stole USD 1 million from Credit Dnipro Bank Draft Law On Privatization of State Property approved in first reading Draft of Election Code adopted at first reading stage Procedure changed for enforced collection and maximum amount of fines New measures for protecting business † Law Digest Law On Utilities adopted in second reading Tax on dividends, interest and royalties in UK to be raised Ministry of Justice introduced mechanism excluding double land lease agreements Law passed on preventing merger of entities, in which stakes are owned by sanctioned persons Ukrainian President signed amendments to procedural codes † Biznews Visa Policy Rules for entering Schengen Area may change Japan simplifies visa requirements for Ukrainians Legaltech Algorithm foreseeing potential judicial decisions EU First electronic signing of legal instrument on legal obligations Competition Google at centre of antitrust probe in Missouri, USA† Trade Policy New EU anti-dumping rules Sanctions LithuaniaТs Seimas adopted УMagnitsky LawФ M&A CMS European M&A Outlook AMCU AMCU authorized acquisition of 7 enterprises by Cypriot company UBA News ≤≤≤ Competition Forum: Penalty. Restructuring. Bankruptcy ≤≤≤ Competition Forum: Penalty. Restructuring. Bankruptcy, organized by the Ukrainian Bar Association, took place in Kiev on 17 November. Chamber News American Chamber of Commerce in Ukraine presents the 2017 Thanksgiving Awards On 18 November The American Chamber of Commerce in Ukraine presented the 2017 Thanksgiving Choice of the Business Community Award to the Acting Minister of Health of Ukraine Ulana Suprun . The award was for the development of the healthcare system in Ukraine. Cover Story Big Changes The new Labor Code of Ukraine is on the agenda of legislators at the second reading stage. It is a widely recognized necessity to change employment legislation from the outdated Soviet one to the current needs of the market economy. Certainly, the document really does provide for† big changes that will touch everybody in this country. We met Tetyana Ivanovych , counsel of Spenser & Kauffmann , to find our way around the numerous novelties, rights and duties of employers and employees. Hot Issue Amending Rules for Employment of Foreigners in Ukraine Vasyl Cherednichenko, Tetiana Yashchenko Globalization is a powerful trend that has taken in almost all countries around the world. Ukraine amends its legislation and implements new instruments, procedures for evolving its legislation and harmonizing it with modern requirements for the economic development process so the country can enjoy as many more benefits of this globalized world as possible. Biz Lunch Competitive Environment Australia is often called the remote continent even though its market is mature and highly integrated with the Asia-Pacific region. Inbound investment is leading to the arrival of global players, and technological developments within the country also boost its highly competitive environment. Right after the IBA Annual conference in Sydney, we visited the office of Australian law firm Henry Davis York and asked its managing partner, Michael Greene , to tell us about the current state of play in this market. The conversation is very timely and relevant as the firm recently merged with Norton Rose Fulbright. Venue Dentons celebrates 25 years in Ukraine To mark the occasion of its 25th anniversary in Ukraine, global law firm Dentons held a gala charity event†at the Art Ukraine Gallery in Kiev.† As part of the event, Dentons held a silent auction to benefit Tabletochki , an international charity that protects the interests of children with cancer in Ukraine. Crux Legal Digest Last month was notable for a number of legislative initiatives, like the signing of the† Protocol amending the DTT between Ukraine and the UK; new anti-dumping rules adopted by the EU Parliament; the Law On Audit of Financial Statements and Auditing Activity. We also ask for hands on comments on the new Draft On Privatization of State Property; mechanism for automatic data exchange between the Register of Property Rights and the State Land Cadastre; creation of the National Bank of UkraineТs Credit Registry. † Subscribe Subscribe to The Ukrainian Journal of Business Law right now and enjoy the most relevant issues on doing business in Ukraine on your device or in print. All this for just USD 9.99 a month. Sign In E-mail Password Remember Me Reset password Subscribe/Register HOME CURRENT ISSUE SUBSCRIBE & ORDER NEWS ANALYTICS SPONSORSHIP & ADVERTISING GET PUBLISHED EDITORIAL CALENDAR ARCHIVE CONTACT HOME CURRENT ISSUE SUBSCRIBE & ORDER NEWS ADVERTISE GET PUBLISHED EDITORIAL CALENDAR ARCHIVE CONTACT BANNER EXCHANGE Copyright © 2003-2017 by Yuridicheskaya Practika Publishing. All rights reserved.