What does one buy: corporate rights or participation interest? When does an individual or legal entity become a member of an LLC? What provisions regulate transfer of title? Answers to these and other questions have been provided in the article for “YURYST&ZAKON” by Stanislav Rodionov, Associate for Redcliffe Partners. Stanislav has also mentioned about subtleties of these processes. Full text…
Read MoreRedcliffe Partners acted as Ukrainian legal adviser to the European Bank for Reconstruction and Development in connection with an up to USD27 million short-term secured loan to be provided to Nibulon LLC, one of the largest Ukrainian agricultural companies, for financing of the seasonal working capital needs of the Group’s trading operations, in particular primary processing, storage and transportation of…
Read MoreRedcliffe Partners has advised Saudi Basic Industries Corporation (SABIC) on obtaining merger clearance from the Ukrainian competition authority for the sale of 70% of the shares to Saudi Arabian Oil Company (Saudi Aramco), for a total purchase price of USD 69.1 billion. The seller of the shares was the Public Investment Fund of Saudi Arabia (PIF), the sovereign wealth fund…
Read MoreOn 21 July 2020, the long-awaited draft law No. 3658 “On the Amendments to Certain Laws of Ukraine on the Improvement of Support for the Production of Electricity from Alternative Energy Sources” (the “Draft Law”) was adopted by the Parliament of Ukraine in the second reading. To a large extent, the Draft Law reflects the arrangements set forth in the…
Read MoreRedcliffe Partners acted as Ukrainian legal to EBRD in connection with an up to EUR 25 million term loan to be provided to Ukrainian State Air Traffic Services Enterprise towards working capital needs. Redcliffe Partners’ role in the transaction included reviewing and negotiating the loan agreement, collection of conditions precedent, and issuance of the Ukrainian legal opinion. Our team advising…
Read MoreFor some considerable time, there has been periodic interest in legal and political circles in the use of Kazakhstan’s experience and the incorporation of British jurisdiction within its own domestic jurisdiction. That is, the creation of a special “court for the protection of foreign investment”, consisting of highly qualified representatives from different jurisdictions: Britain, America, France, Germany. Yevgen Dyadyuk, a…
Read MoreUkrainian law now offers additional anti-raid protection in respect of a limited liability company (the “LLC”). Specifically, Law of Ukraine “On amending certain legislative acts of Ukraine on combating raiding” No. 340 dated 5 December 2019 (the “Law”) has recently come into effect (i.e., the effective date as per the database of the Ukrainian Parliament is 16 July 2020). The…
Read MoreRedcliffe Partners acted as Ukrainian legal adviser to a Dutch international financial institution in connection with an up to USD20 million term secured loan to be provided to Nibulon LLC, one of the largest Ukrainian agricultural companies, to finance purchase of grain and other agricultural commodities of the harvest campaigns of 2020 and 2021. Redcliffe Partners’ role in the transaction…
Read MoreIn Ukraine, legal protection is not available to marks that conflict with good public order and the principles of humanity and morality. Maria Koval, Counsel for Redcliffe Partners, and Anastasia Yushina, associate for Redcliffe Partners, have written an article for Yurydychna Gazeta, in which they examined the grounds for classifying trademarks as immoral. To read the text of the article…
Read MoreOn 10 June, the long-awaited Memorandum of Understanding on the Settlement of Problematic Issues of the Ukrainian Renewable Energy Sector (the “MoU”) was signed by the Prime Minister of Ukraine, the acting Minister of Energy and representatives of major renewable energy associations UWEA (Ukrainian Wind Energy Association) and EUEA (European-Ukrainian Energy Association). The MoU accommodates the arrangements reached by the public…
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