CEE Legal Matters
In-depth coverage of the news and newsmakers that shape Europe's emerging markets
On 21 February 2025, the Cabinet of Ministers of Ukraine, by Resolution “On Amendments to the List of Activities Encouraged by the Creation of Diia City Legal Regime” No. 204 (the “Resolution”), expanded the list of eligible activities for Diia City residency.
Sayenko Kharenko has advised MHP on the specifics of applying autonomous trade measures, first introduced by the EU in June 2022 to support Ukraine’s economy.
Sayenko Kharenko, working with Appleton Luff, has represented Promet Steel – part of Metinvest – in an anti-dumping investigation by Canadian authorities.
Asters has advised the International Finance Corporation on the restructuring of a USD 120 million loan facility provided to Nibulon. Baker Botts reportedly advised Nibulon.
Partner Igor Kalitventsev has left KPD Consulting.
Sayenko Kharenko has advised the Export and Investment Fund of Denmark on two secured term loan facilities to Ukrainian companies, amounting to approximately EUR 8.15 million.
In October-November 2024, we interviewed Ukrainian general counsels to understand current trends in engaging local counsels and use of legaltech in their day-to-day activity. Interviews were held to demonstrate to in-house lawyers, international law firms, and investors the most effective tools for selecting local counsel.
Asters has promoted Yuna Potomkina to Partner.
Avellum, working with Latham & Watkins, has advised Vodafone Ukraine on its consent solicitation regarding USD 500 million 6.20% loan participation notes due 2025. Sayenko Kharenko and Linklaters advised JP Morgan as the solicitation agent.
Redcliffe Partners Partners Denys Medvediev and Yuriy Terentyev talk about competition in Ukraine in 2025.
Avellum Managing Partner Mykola Stetsenko talks about M&A in Ukraine in 2025.
Sayenko Kharenko, working with Appleton Luff, has advised ArcelorMittal Kryvyi Rih in a sunset review of anti-dumping duties on steel concrete reinforcing bar imports to the United States.
CEE Legal Matters is proud to introduce the latest in our Comparative Guides series. This one focuses on Real Estate in CEE.
Contributed by Avellum.
On 11 February 2025, the Ukrainian Government adopted a resolution regulating various aspects of cloud and data center services (the "Services") provision and use. In particular, the resolution introduces:
CMS has advised Revolut on the launch of its banking and financial services for Ukrainian customers.
On 6 February 2025, the President of Ukraine signed Law No. 4213-IX dated 14 January 2025 "On Amendments to Certain Laws of Ukraine in the Field of Energy and in the Field of Heat Supply to Clarify Provisions Related to the Martial Law in Ukraine" (the Law).
In 2022, the Parliament of Ukraine passed legislation introducing an alternative method for recording and holding shares in limited liability companies (LLCs) and additional liability companies (ALCs). This development allows LLC and ALC shareholders (participants) to transfer recording of their shares from the State Register of Legal Entities, Private Entrepreneurs and Civic Associations (“State Register“) to the PJSC “National Depository of Ukraine” acting as the Central Securities Depository (“CSD“). This shift promises enhanced transparency, security and efficiency in share ownership, marking a new chapter for businesses and investors alike.
AVELLUM is a leading Ukrainian full service law firm with a key focus on Finance, Corporate, Dispute Resolution, Tax, and Antitrust.
Our aim is to be the firm of choice for large businesses and financial institutions in respect of their most important and challenging transactions.
We build lasting relationships with our clients and make them feel secure in new uncertain economic and legal realities.
We incorporate the most advanced Western legal techniques and practices into our work. By adding our first-hand knowledge, broad industry experience, and unparalleled level of service we deliver the best results to our clients in their business endeavours. Our partners are taking an active role in every transaction and ensure smooth teamwork.
AVELLUM is recognised as one of the leading law firms in Ukraine by various international and Ukrainian legal editions (Chambers, The Legal500, IFLR1000, The Ukrainian Law Firms, and others).
Firm's website: www.avellum.com
