Western Ukraine, particularly its border regions (oblasts), is emerging as a promising area for business and foreign investment. These include Lviv, Volyn, Zakarpattia and Chernivtsi, which all share borders with EU member states Poland, Slovakia, Hungary and Romania. This strategic location offers unique advantages for businesses looking to tap into both Ukrainian and European markets […]
By Artem Volkov, Head of Maritime Law Practice at ANK Law Office, Attorney-at-law, UMAC arbitrator, and Kostiantyn Moriakov, Attorney-at-law at ANK Law Office, maritime lawyer In cases connected with the payment of contractual compensation to the seafarers’ next of kin, signing of the Receipt & Release Statement by such beneficiaries is a common practice in […]
Each day Ukraine suffers from massive shelling from Russia. As a result, Ukrainian businesses lose not only their assets but also the documents crucial for tax and accounting purposes. As a general rule, the lack of underlying documents usually means that the taxpayer is not allowed to book and report the respective figures, deduct expenses, […]
By Olena Kuchynska, managing partner, and Olena Kandya, senior associate, Kinstellar On 8 March 2024, the Law of Ukraine “Introducing Amendments to Certain Laws of Ukraine on the Enhancement of Corporate Governance” (the Law or the SOE Law) entered into force. This Law is a significant step towards the alignment of the Ukrainian legal framework […]
By Daria Svyrydova, partner at the AZONES Law Firm Recently, more and more discussions and questions have arisen around the assessment of the activities of lawyers who remained in the occupation and continued their professional activities there. And whereas the assessment of the activities of those citizens among the lawyers who started working […]
By Oleksandr Onufrienko, lawyer, candidate of legal sciences, and Volodymyr Yenich, partner of AVER LEX The application of restrictive measures (sanction) was one of the most media-active topics last year. It happened not by chance – society’s attention is justifiably focused on the mechanism of limiting the economic opportunities of the Russian Federation and recovering the […]
By Taras Dumych, managing partner of Wolf Theiss Kyiv The nationalization of Sense Bank, one of Ukraine’s largest banks, promises to be a source of many future developments and news in international investment arbitration and foreign investment protection. Sense Bank used to belong to the founders of Alfa Group, a conglomerate with significant and diversified […]
This article was previously published by Lexology: Compare – Getting The Deal Through – Lexology LEGISLATION Treaties Is your country party to any bilateral or multilateral treaties for the reciprocal recognition and enforcement of foreign judgments? What is the country’s approach to entering into these treaties, and what, if any, amendments or reservations has your […]
The International Court of Justice in The Hague has resumed hearings in the case brought by Ukraine against russia under the Convention on the Prevention and Punishment of the Crime of Genocide of 9 December 1948 (the Convention). The International Court of Justice in The Hague is the highest judicial institution of the United Nations, […]
Inbound investments into Ukraine are critical not just for the purpose of maintaining and developing existing and future businesses, but also for rebuilding and modernizing the country, which has suffered severely because of the Russian aggression. In this regard, the importance of the legal framework as well as of the legal tools for investments cannot […]
To create conditions for Ukraine’s integration with the European Union in the field of construction, the government has to ensure the implementation of the EU – Ukraine Association Agreement provisions, in particular, the introduction of transparency (simplified licensing, permitting, approval procedures in the construction, etc.). The annual doing business ranking conducted by the World Bank […]
Why Russia should be excluded? On 24 February, one member state of the United Nations, the Russian Federation, invaded Ukraine and thereby violated almost all fundamental principles and rules of international law. The member of the United Nations (UN) with the veto right in the Security Council of the UN appeared to be the aggressor […]
The Russian full-scale re-invasion in Ukraine that occurred on 24 February 2022 has already inflicted billions of damages. Ukrainian defensive efforts are supported by diplomatic and economic pressure put on Russia. In this vein, sanctions and asset freezing have become one of the main mechanisms used by the international community to make Russia cease its […]
Member States and all citizens of these States substantiates the legal grounds as well as moral, ethical, and military-strategic reasons why it is crucial to provide air support to Ukrainian troops on the territory of Ukraine. We also refute the threat of a nuclear strike from Russia if the sky over Ukraine is closed by […]
After almost 15 years of negotiations, on 3 February 2022, Ukraine and Turkey signed the Free Trade Agreement between the Government of Ukraine and the Government of the Republic of Turkey (UA-TR FTA). This article is focused on the analysis of the potential effect of the UA-TR FTA for Ukraine. General overview The UA-TR FTA […]
