In the past few weeks, the National Bank of Ukraine (the “NBU”) has been active in lifting the moratorium for certain cross-border loan repayments, which it introduced on 24 February 2022 due to Russia’s full-scale invasion. While the moratorium did not apply to loans provided by international financial institutions such as the EBRD, EIB, IFC, NIB and BSTDB, loans secured…
Read MoreDue to the introduction of martial law in Ukraine, on 24 February 2022 the National Bank of Ukraine imposed a general moratorium on cross-border payments outside of Ukraine. Among others, the moratorium prohibits external debt servicing payments for Ukrainian borrowers with certain exceptions for loans provided by international financial institutions (e.g., EBRD, EIB, IFC, NIB, BSTDB) (“IFIs”) and loans guaranteed by the Ukrainian government. Over time, the…
Read MoreRedcliffe Partners has achieved outstanding results in the prestigious Chambers Europe 2023 rankings. This significant accomplishment highlights the strength and expertise of our top-performing practices in Competition, Antitrust, Corporate Law, and M&A. In addition to our firm’s overall success, we are proud to celebrate the individual recognition of our exceptional partners who have demonstrated outstanding leadership and dedication in their…
Read MoreThe Legal 500: EMEA 2023 recognised 9 Redcliffe Partners practice areas and 9 lawyers in its annual guide, including 3 Tier 1 rankings for Banking, Finance and Capital Markets, Commercial, Corporate and M&A, and Energy, for the fourth year. Redcliffe Partners also received Tier 2 rankings for Competition, Dispute Resolution, Tax, and Real Estate and Construction and Tier 3 and…
Read MoreThe Ministry of Infrastructure of Ukraine is to resume work leading up to the grant of concession of three terminals of the Chornomorsk seaport, one of the largest seaports in Ukraine. In particular, the concession is to cover the first (cargo) terminal, the container terminal, and the fifth (railway and ferry) terminal. The feasibility study for the project will be…
Read MoreOn 27 July 2022, Ukrainian Parliament passed a new Law “On Joint Stock Companies” introducing, inter alia, certain changes facilitating pledges of participatory interests in limited liability companies.By way of background, Ukrainian law generally does not allow the issuance of an irrevocable power of attorney except in very limited instances, such as securing participants’ obligations under shareholders’ agreements, whereas it…
Read MoreOn 21 September 2022, Ukraine’s parliament adopted amendments to the national legislation to ratify the Convention on Choice of Court Agreements (the “New Law”). This much-awaited law entitles parties to an agreement with a non-Ukrainian party to agree on the location of the court(s) that will have jurisdiction to resolve disputes concerning the agreement (i.e., the forum selection clause). The…
Read MoreAmong the leading lawyers of Ukraine are mentioned: Olexiy Soshenko as a Global Leader in Banking & Finance and Project Finance; Dmytro Fedoruk as a Global Leader in the Energy sector – Oil & Gas and Foreign Investment Review; Svitlana Teush as a Global Leader in the Energy sector – Power/Electricity and Renewables; and Zoryana Sozanska as a Global Leader…
Read MoreRedcliffe Partners has confirmed its top-tier positions in key practice areas in Ukraine ranked by the 2022 edition of the IFLR1000 — the guide to the world’s leading financial and corporate law firms. Redcliffe Partners has been ranked in: Tier 1 – Banking and finance;Tier 2 – Project development, Restructuring and insolvency, Capital markets: Equity; andTier 3 – Capital markets: Debt, M&A….
Read MoreWe are proud to say that Redcliffe Partners is ranked as a Tier 1 law firm in Banking and Finance along with our highly regarded team, according to IFLR 2022-23 edition: • Olexiy Soshenko is Highly regarded in Banking, Capital Markets: Debt, Project finance, Restructuring and Insolvency;• Dmytro Fedoruk is Highly regarded in M&A;• Zoryana Sozanska-Matviychuk is Highly regarded in M&A;• Andriy Nikiforov is Highly regarded in Banking and Capital Markets;• Rob Shantz is a Notable…
Read More