Redcliffe Partners acted as Ukrainian legal counsel to the EBRD on an additional EUR 2 million financing to be provided to Aquanova Development LLC for the construction, equipment and placing into operation of a 3.5MWp solar PV plant in the Zakarpattya Region of Ukraine. Our Banking & Finance practice provided a broad scope of transactional legal advice, including structural, security and…
Read MoreOn 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“ (the “Law”) became effective, which contemplates the introduction of renewable energy auctions in Ukraine. The Law provides the general framework and certain core elements of the auction system as set out below. (a)…
Read MoreThe leading online news website for the international photovoltaic community which covers topical trends and worldwide sector developments, features an article titled “Transformation of support system for renewables following introduction of renewable energy auctions in Ukraine” by Svitlana Teush, head of the renewable energy, real estate and construction practices at Redcliffe Partners, as a contribution to its “Opinion & Analysis” section. To…
Read MoreRedcliffe Partners advised CVC on obtaining merger clearance from the Ukrainian competition authority for its acquisition of Recordati S.p.A. (Recordati). The deal is valued at approximately EUR 3 billion. Through its expertise and global healthcare network CVC will expand Recordati’s rare disease business and accelerate its growth strategy as a leading global company in the pharmaceutical industry. Redcliffe’s team working…
Read MoreRedcliffe Partners has been featured and recognised in this year’s edition of Ukrainian Law Firms 2018: A Handbook for Foreign Clients (ULF 2018) in a wide range of practices and industry sectors, namely Banking & Finance, Debt Restructuring, Corporate and M&A, Energy & Natural Resources, Antitrust and Competition, as well as Infrastructure. First published in 2003, the directory provides an…
Read MoreThe article entitled “Legal Aspects of Using FIDIC Contracts in International Construction Projects in Ukraine” by Svitlana Teush, Head of Real Estate and Construction at Redcliffe Partners, and Lukas Klee, Consultant at Klee Consulting (Czech Republic), was published in the world’s leading journal on international construction law, “International Construction Law Review”, Issue No.1, 2018. The article provides an overview of current practice,…
Read MoreOn 17 December 2017, the amendments to the Law of Ukraine “On Protection of Economic Competition” and to the Law of Ukraine “On Sanctions” regarding the effect of economic sanctions on merger control entered into force. Pursuant to the amendments, if a transaction that constitutes a notifiable concentration is subject to economic sanctions, such concentration is prohibited and will not be cleared by the…
Read MoreOn 5 December 2017, the Vertical Block Exemption Regulation (the “Regulation“) of the Antimonopoly Committee of Ukraine (the “AMC“) entered into force. The Regulation is adopted in accordance with Ukraine’s obligations under the Ukraine-European Union Association Agreement and is based on the Regulation of the European Commission No. 330/2010. The Regulation provides (i) a block exemption (a so-called “safe harbour”)…
Read MoreRedcliffe Partners advised Stahl Lux 2 S.A. on obtaining merger clearance from the Antimonopoly Committee of Ukraine for the acquisition of the leather chemicals business of BASF SE. As part of the transaction, BASF will receive a 16% minority stake in the Stahl Group, and Stahl will take over BASF’s global leather chemicals business – with approximately 210 employees globally…
Read MoreOn 3 March 2017, the new requirements were enacted in Ukraine related to the quality control of new construction, reconstruction and repair works of the motor roads of general use, approved by Resolution No.1065 of the Cabinet of Ministers of Ukraine on 28 December 2016 (the “Resolution“). The Resolution factors in a consulting engineer into the system of quality control and…
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