Redcliffe 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 MoreRedcliffe Partners acted as Ukrainian legal counsel to the European Bank for Reconstruction and Development in providing an up to EUR 24 million short term unsecured loan to Private Joint Stock Company “MHP”, the leading Ukrainian poultry and grain producer, to finance working capital needs for crop farming operations of the borrower in Ukraine. The project is part of the…
Read MoreAccording to the recent press release issued by the Antimonopoly Committee of Ukraine (the “AMC”), the review of merger and antitrust filings was renewed on 9 June 2022. Recall that due to the commencement of russia’s full-scale military invasion into Ukraine on 24 February 2022, the review of all filings was suspended. The AMC put on hold the filings submitted…
Read MoreMarch 2022 was a breakthrough month for the virtual assets market in Ukraine. With the help of Ukraine‑based Everstake and Kuna, the Ministry of Digital Transformation of Ukraine set up a fund to accept donations in crypto assets to primarily support Ukraine’s military needs. According to the Ministry, Ukraine’s government has raised over USD60 million in crypto donations to date….
Read MoreThe National Bank of Ukraine has further liberalised the martial law-driven currency control restrictions envisaging, inter alia, the possibility for Ukrainian residents: to make settlements under import contracts from the loan proceeds received by Ukrainian borrowers from international financial institutions; to return advance payments received under contracts after 23 February 2022 as a result of failures by Ukrainian exporters to supply goods, works or…
Read MoreRedcliffe Partners acted as Ukrainian legal counsel to European Bank for Reconstruction and Development in connection with risk sharing instruments provided to ProCredit Bank, OTP Bank and OTP Leasing. Under the instruments, which are relatively new for Ukrainian market, EBRD will cover more than half of the credit risk of newly originated financing provided by the partner financing institutions. The share of risk the…
Read MoreThis year marks the start of a new era for all Ukrainian taxpayers – both corporate and individuals. Ukraine lawmakers up to – and especially in – 2021 made unprecedented efforts to implement into local law and the network of double tax treaties major recommendations and principles which went far beyond the minimum base erosion and profit shifting (BEPS) action…
Read MoreAn in-depth look at Olexiy Soshenko of Redcliffe Partners covering his career path, education, and top projects as a lawyer as well as a few insights about him as a manager at work and as a person outside the office. Career: Redcliffe Partners, Managing Partner, 2015-Present Clifford Chance, Counsel and Head of Banking & Finance in Ukraine, 2008-2015 CMS Cameron McKenna,…
Read MoreOn 24 February 2022, the National Bank of Ukraine, in response to the introduction of the martial law in Ukraine initially imposed for 30 days but subsequently extended currently until 25 May 2022, issued Regulation No. 18 on banking system operations during martial law to prevent unproductive capital outflows from the country and to ensure the reliable and stable functioning…
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