Oksana Ilchenko, Ilona Zekely, Natalia Spiridonova, Aleksandra Yevstafyeva became the authors of Ukraine chapter of the Chambers Corporate M&A 2019 Second Edition Guide.
In Ostchem Holding Ltd v Odesa Portside Plant Case No 519/15/17, Ukraine's Supreme Court held that an SCC partial award was capable of recognition and enforcement in Ukraine irrespective of ongoing annulment proceedings in respect of the final award.
Recently, the President of Ukraine signed the new law aimed at facilitating investments to Ukraine (the “Law”). The Law introduces the long-awaited concept of a nominee holder to Ukrainian regulatory framework.
Legal Privilege & Professional Secrecy charts the laws and regulations affecting attorney-client communications across the world. Topics covered include: professional rules and doctrines; differences in status between private practitioners and in-house counsel; protection limitations; secrecy duties; protection for agents of the attorney or client; protections for corporations; recognition of foreign protections; and protections for work product.
On 21 June 2018 Ukrainian Parliament adopted the new Law of Ukraine “On Foreign Currency and Foreign Exchange Transactions” (the “New FX Law”) introducing a major and long-awaited reform of current FX regulatory framework.
A number of arbitration-related developments are expected in the second half of 2018 and beyond. This article highlights the key areas to watch.
During the years following the Revolution of Dignity in 2014 reforms of Ukrainian legal framework, judiciary and law enforcement were driven by two key goals – fight against high level corruption and cutting of pressure on business from the law enforcement.
Effective as of 03 March 2018, further liberalization steps were adopted by the NBU by its resolution No. 19 (the “Resolution”).
Effective as of 28 December 2017, new rules and requirements for obtaining by non-bank financial companies (“Financial companies”) of a general license for carrying out of operations in foreign currencies (the “General License”) were introduced by the National Bank of Ukraine (the “NBU”).
Recently, the National Bank of Ukraine (the “NBU”) has adopted several resolutions introducing the following novelties into the currently existing FX regulatory framework.