Press-releases

    Changes in Partnership of Vasil Kisil & Partners

    22 07 2009

    Vasil Kisil & Partners informs that its partner Mr. Oleksandr Khomenko chose to leave the firm in order to pursue his professional practice in the area of bankruptcy and insolvency proceedings.

    VKP's Managing Partner Oleg Makarov receives the “TOP-100. Best Managers of Ukraine” award

    17 07 2009

    On Wednesday, July 15, 2009, heads of largest companies walked down the red carpet in front of “FreeDom” concert hall. They gathered for the “TOP-100. Best Managers of Ukraine” award ceremony that finalized the annual rating put together by “Ekonomika” publishing house. Oleg Makarov received his crystal statuette and an honorable diploma from Ukraine’s Minister of Justice Mykola Onishchuk. “As lawyers we deal with all the industries represented at this ceremony and therefore we are the first to notice new trends. So far, we heard a lot about the fact that during these hard times only the strongest have survived. Personally, I would like to wish all of us to release our talents and to lead the way to a harmonious development and a well-balanced growth,” - said Mr. Makarov in his acceptance speech.

    Options as Tax Planning Instruments: Medicine, Metallurgy, and Trade

    16 07 2009

    On July 16, 2009, a press conference was held in the press center of LIGABusinessInform Information Agency highlighting Options as Tax Planning Instruments in selected industries: Medicine, Metallurgy, and Trade. Distinguished speakers of the event were Senior Associate of Vasil Kisil & Partners Natalia Dotsenko-Belous and Dmytro Oliynyk, executive director of the Pro-Consulting Investment Group.

    The Law of Ukraine on Joint Stock Companies: on the right path to progress or generating problems?

    14 07 2009

    On June 13, 2009, a round table entitled “The Law of Ukraine on Joint Stock Companies: on the right path to progress or generating problems?” took place in LIGABusinessInform press-center in Kiev. Its main purpose was to attract public attention to the implementation of the requirements stipulated in this legislative act within joint stock companies’ operation and to discuss the problems that arise as a result thus facilitating a productive dialogue among all the participants of this complex process.

    Vasil Kisil & Partners advises Central European Media Enterprises Ltd. on Joint Venture with Mr. Igor Kolomoisky

    13 07 2009

    On July 2, 2009 Central European Media Enterprises Ltd. (CME) officially announced the entering into an agreement with Mr. Igor Kolomoisky. Following the injection of $100 mln in cash and contribution of 100% of TET channel into Studio 1+1 Group, Mr. Igor Kolomoisky will become a 49% shareholder in CME’s Ukrainian operations. The transaction is expected to close by the end of the third quarter of 2009, subject to receipt of regulatory approvals.

    GamblingCompliance.com chooses Vasil Kisil & Partners' lawyers to serve as experts on legal regulation of gambling in Ukraine

    03 07 2009

    In May of 2009, in the light of imminent drastic changes in legal regulation of the Ukrainian gambling industry senior associate Nataliya Mykolska and associate Pavlo Byelousov were yet again invited by GamblingCompliance.com, a leading international informational portal, to provide an expert opinion on the matter. They were asked to comment on the Law "On The Prohibition of Gambling Business in Ukraine" that came into force in June and its implications for all those involved in the Ukrainian gambling industry.

    The extraction of oil, gas and other natural resources in Ukraine is liable to die on its feet

    02 07 2009

    On June 2, 2009, a press conference dedicated to the adoption of the new order of issuing special permits on subsoil use in 2009 issued by the Cabinet of Ministers of Ukraine (CMU regulation #608 from June 17, 2009) took place in “Ukrainski Novyny” news agency. The event was attended by the representatives of the Ukrainian Subsoil Users Association, The Federation of Miner Employers and law firms all of whom unanimously stated that the development of the extraction of oil, gas and other natural resources in Ukraine is under a threat since the new order will force foreign investors to leave the Ukrainian market due to extremely unfavorable and close to impossible conditions for operating in Ukraine.

    Dr. Tatyana Slipachuk, FCIArb. receives an honorable distinction from the Ministry of Justice of Ukraine

    26 06 2009

    On June 18, 2009, according to the executive order #533/7 issued by Mr. Mykola Onischuk, Minister of Justice of Ukraine, Dr. Tatyana Slipachuk, FCIArb., partner and head of the International Arbitration Practice with Vasil Kisil & Partners, received an honorable distinction for her considerable personal contribution in development and diffusion of alternative dispute resolution methods in Ukraine.

    Contemplating The Future of the Legal Profession in Ukraine

    23 06 2009

    On June 23, 2009, as part of the joint program created by the European Commission and the Council of Europe “Transparency and Efficiency of the Judicial System in Ukraine” the conference “The Future of the Legal Profession in Ukraine” took place. The conference was attended by representatives of the Council of Europe, the Verkhovna Rada of Ukraine, the Higher Qualification Board of the Bar and Legal Public Organizations, the Ukrainian Bar Association, the Ukrainian Lawyers’ Association, the Union of Ukrainian Advocates, and the Union of Lawyers of Ukraine.

    Debt management: what you need to know about the restructuring process

    23 06 2009

    When a company announces a debt restructuring, this is in most cases the result of an extensive analysis of its debt portfolio involving important economic, legal, tax and accounting decisions. A debt restructuring is therefore a high-profile event, and it is crucial to the financial future of the company that the whole process is handled with great care and efficiency. On July 23, 2009, Vasil Kisil & Partners law firm and Ernst & Young conducted a round table entitled «Debt management: what you need to know about the restructuring process». Leading experts in debt restructuring gathered top-managers of large companies and Ukrainian banks to discuss all-important aspects of this complex and extremely relevant at the moment issue.