Practice
Archive
The new draft law on concessions is adopted in the second reading
07 October 2019

On 3 October 2019, the Ukrainian parliament adopted in the second reading of the draft law of Ukraine "On Concessions" (the "Draft Law"). The Draft Law introduces a reform of the concession legislation and is aimed at stimulating investment in, and the large-scale development of, Ukrainian infrastructure. The Draft Law unifies several laws regulating concessions (including on the concession of motorways and  roads), aligns requirements in concessions with the public procurement law, and implements best international practices in the industry. The Draft Law has yet to be signed by the President of Ukraine, but this is anticipated and, once signed, will become effective on the day of its publication in the official media.

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Verkhovna Rada ratified a protocol to amend the Double Tax Treaty with Switzerland
27 September 2019

On 18 September 2019, the Ukrainian Parliament ratified a protocol on amendments to the Convention on the Avoidance of Double Taxation between Ukraine and Switzerland.

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Two port concession tenders announced in Ukraine
16 September 2019

On 12 September 2019, the Ministry of Infrastructure of Ukraine published announcements in newspaper "Uryadovyi Kurier" ("Government Courier") in regard to the two pilot concession tenders relating to (i) the assets of State Enterprise "Stevedoring Company "Olvia" and certain assets of State Enterprise "Ukrainian Sea Ports Authority" located at the Mykolayiv port, and (ii) the assets of State Enterprise "Kherson Sea Commercial Port" and assets of the USPA located at that port.

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Redcliffe Partners is number 1 in Ukraine by value of deals in 2018 according to Mergermarket
15 September 2019

Redcliffe Partners is number 1 in Ukraine by value of deals in 2018, according to MergermarketThe League Tables, introduced by Mergermarket, are summarising the work of law firms in 67 international locations and cover the biggest M&A deals worldwide.

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Redcliffe Partners welcomes new head of intellectual property practice
04 September 2019

Redcliffe Partners is excited to welcome Counsel Maria Koval who has just joined us as our new Head of the Intellectual Property practice. Having over 15 years' experience specialising in intellectual property issues and IP litigations, Maria will considerably boost our capabilities and offerings in this sector.

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Law on renewable energy auctions in Ukraine is now in effect
05 August 2019

On 22 May 2019, law No 2712-VIII “On Amendment of the Laws of Ukraine in Regard to Ensuring Competitive Terms of Electricity Production from Renewable Energy Sources“ became effective, which contemplates the introduction of renewable energy auctions in Ukraine. The Law sets out the general framework and certain core elements of the auction system as set out below.

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The mandatory conversion of foreign currency has been cancelled
19 June 2019

The National Bank of Ukraine (the "NBU") has cancelled the long-standing requirement to convert 30% of foreign currency proceeds received by Ukrainian companies from abroad into hryvnias.

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Changes in the fees for actions related to the protection of intellectual property rights
18 June 2019

On 12 June 2019, the Cabinet of Ministers of Ukraine adopted Resolution No. 496 on changing the fees for actions related to the protection of intellectual property rights. According to the said Resolution, state fees for the registration, publication, maintenance of validity and any other action associated with intellectual property rights, in particular inventions and utility models, industrial designs, trademarks, geographical indications and topographies of integrated circuits, are substantially increasing (on average, by three to four times, or in certain instances even up to ten times).

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Svitlana Teush spoke at the International Construction Contract Conference
18 June 2019

Svitlana Teush, head of the real estate, construction and renewable energy focus practices at Redcliffe Partners, spoke at the International Construction Contract Conference held in Prague in May, one of the industry’s largest events with over 500 registered attendees. The event followed the release of the second edition of the book entitled "International Construction Contract Law" by Lukas Klee, published by Wiley-Blackwell, which for the first time included an essay on Ukraine written by Svitlana Teush. 

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Partner Zoryana Sozanska-Matviychuk admitted in England and Wales
14 June 2019

Redcliffe Partners is pleased to announce that Zoryana Sozanska-Matviychuk, Partner of Redcliffe Partners and Head of the M&A practice, has been admitted as a solicitor of the Senior Courts of England and Wales. Zoryana has become one of just a handful of Ukrainian practitioners who have successfully passed the Qualified Lawyers Transfer Scheme (QLTS) exams.

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