The National Bank of Ukraine has further liberalised the martial law-driven currency control restrictions envisaging, inter alia, the possibility for Ukrainian residents: to make settlements under import contracts from the loan proceeds received by Ukrainian borrowers from international financial institutions; to return advance payments received under contracts after 23 February 2022 as a result of failures by Ukrainian exporters to supply goods, works or…
Read MoreApril 2022 – Redcliffe Partners is delighted to announce that Zoryana Sozanska-Matviychuk, a partner in the M&A practice, has been recognised among the most prominent women lawyers worldwide in the prestigious IFLR1000 “Women Leaders” 2022 rankings. Zoryana was selected for her outstanding reputation within the markets, impressive track record working on complex deals, the quality of her advice and service,…
Read MoreFor the third year in a row, Redcliffe Partners demonstrated stability and ranked tier 1 among the following practices: Banking, Finance and Capital Markets Commercial, Corporate and M&A Energy Tier 2 traditionally includes: Competition Dispute Resolution Tax Real Estate and Construction Also, tier 3 and tier 4 rankings included Employment and White-collar crime, respectively. The following individuals were recognized with individual rankings: Olexiy Soshenko, Managing Partner: Banking, Finance and Capital Markets Andriy Nikiforov, Partner: Banking, Finance and Capital Markets Dmytro…
Read MoreWe are all witnesses to the unprecedented aggression against Ukraine waged by the russian federation with full support and cognizance of the republic of belarus. This aggression has already brought about numerous deaths, unspeakable suffering of the civilian population, damage to Ukrainian cultural heritage and destruction of the infrastructure. It cannot be justified. As a Ukrainian law firm with a…
Read MoreOn 15 February 2022, a long-awaited draft law No. 5436-d “On the Amendment of Certain Laws of Ukraine Regarding the Development of Energy Storage Facilities” (“Draft Law“) was adopted in its entirety by the Ukrainian Parliament at its second reading. The Draft Law develops the legal framework for the deployment of energy storage facilities (“ESF“), which has been very limited…
Read MoreAndriy Nikiforov, Partner in the Banking, Finance & Capital Markets practice at Redcliffe Partners has been elected to the Board of the Banking, Finance and Insurance Committee of the Ukrainian Bar Association (UBA) for 2022-2023. Previously, Andriy served as Chair of the Committee for two consecutive two-year terms, in 2018-2019 and 2020-2021. Under Andriy’s leadership, the Committee organised over fifteen…
Read MoreRedcliffe Partners is delighted to announce the promotion to Partner of Oleksandr Markov, Head of the Tax and Tax Litigation practice, effective 4 January 2022. Oleksandr’s practice focuses on tax planning and structuring, tax disputes and investigations, and transactional tax. He is highly experienced in due diligence, transactional structuring, and advising private clients. Oleksandr also provides legal support in criminal proceedings…
Read MoreRedcliffe Partners today announces that Albert Sych has joined the Firm as a partner. Albert Sych has practised law for over 20 years, including 17 years at EY Ukraine, where he was a partner for the last eight years. While at EY, Albert set up and successfully led the Law practice of EY in Ukraine, and also served as a…
Read MoreA new draft personal data protection law, draft Law of Ukraine No. 5628 (“Draft 5628”), was introduced to the Ukrainian parliament on 7 June 2021. Draft 5628 replaces certain earlier draft laws on this subject and is currently the only draft legislation in the area of personal data protection. The main purpose of Draft 5628 is to align the existing…
Read MoreLast week the finalized version of the Ukrainian ISDA Master Agreement (“Ukrainian ISDA“) was officially published by the Independent Association of the Banks of Ukraine (available at the link). The Ukrainian ISDA is the Ukrainian law-governed template agreement for transactions with over-the-counter derivatives (i.e. derivatives which are not exchange-traded). It has been developed by Ukrainian market participants, professional associations and…
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