Redcliffe Partners is pleased to announce our new partner Sergiy Ignatovsky, who joins the firm’s leading Litigation and Restructuring practices. Sergiy is one of the top professionals in Ukraine focusing on restructurings, high-profile complex litigation and special situations. His professional background is diverse. Sergiy has previously worked for many years as a partner in the litigation groups of several leading Ukrainian…
Read MoreTogether with the Norwegian-Ukrainian Chamber of Commerce and Cushman & Wakefield Ukraine, Redcliffe Partners recently hosted a webinar on Real Estate in Ukraine – Rules, Regulations, and Opportunities for Norway, with a focus on commercial real estate such as offices, retail, logistics and more. In addition to recent commercial real estate trends in Ukraine, the participants discussed property title checks and other legal matters to be…
Read MoreThe Ukrainian Government continues to develop and adopt the gaming laws which are necessary to relaunch the Ukrainian gaming market. After the Gambling Law entered into force in August 2020, the following principal steps were completed by the Government: In September-November 2020, the Cabinet of Ministers established and appointed the members of the Gambling Commission, which is now operational and…
Read MoreRedcliffe Partners and ICC Ukraine have recently hosted a webinar on “Changes to the ICC Rules of Arbitration as of 1 January 2021: what the business should know”, which focused on construction, energy and infrastructure. During the event, speakers discussed key innovations of the Rules that embody current global trends in international arbitration and aim to increase the ICC’s efficiency, transparency and adaptability….
Read MoreRedcliffe Partners has acted as legal counsel to leading Ukrainian HR tech product manufacturer Hurma System on attracting seed financing from the European venture capital firm Pragmatech Ventures. This is a pioneering investment for Pragmatech Ventures, which is intended to help Hurma System to enter international markets. Volodymyr Fedak, CEO and Founder of Hurma System, said that the company has…
Read MoreIn recent years, Ukraine has made significant moves towards the development of its alcohol production market. In December 2019, Ukraine adopted a law abolishing the monopoly of Ukrainian state-owned alcohol producer, Ukrspyrt, and announced the upcoming privatisation of Ukrspyrt’s assets. Ukrspyrt, Ukraine’s largest producer of alcohol and alcohol-containing products, owns 41 production sites (all of which are intended to be…
Read MoreRedcliffe Partners is pleased to announce the promotion to partner of Svitlana Teush, who leads the firm’s Renewable Energy, Real Estate and Construction practices. “Svitlana has been with us for four years. She, together with her team, has built the renewable energy, construction and real estate practices into one of the strongest in the market”, Managing Partner Olexiy Soshenko said. “She has…
Read MoreIn these turbulent times businesses face many challenges, including how to reduce costs to maintain a high profit margin. The creation of a purchasing alliance with other companies allows obtaining better purchase prices and other terms due to larger purchase volumes. In Ukraine such purchasing alliances can be created only after obtaining approval for concerted practices from the Antimonopoly Committee…
Read MoreFor many years, Ukrainian capital markets have barely functioned due to significant gaps and inconsistencies in the underlying legislation. The new law No. 2284 “On amendment of certain laws with respect to investments and new financial instruments” (the “New Law“) which was officially published on 15 August 2020 aims at restarting Ukrainian capital markets. It brings Ukrainian legislation in line…
Read MoreRedcliffe Partners acted as Ukrainian counsel to leading financial technology company YayPay, which specialises in accounts receivable automation solutions, in connection with the acquisition by Quadient, a leading manufacturer of mailing equipment and provider of mailing-related services, for a majority stake in YayPay Inc. Redcliffe Partners also advised on tax-related and competition law matters. The purchase price, excluding transaction-related costs,…
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