Vasil Kisil & Partners advises Standard Chartered Bank on the Ukrainian Law Matters of American Express Bank Acquisition

20/03/2008

On February 29, 2008 Standard Chartered Bank officially announced the completion of American Express Bank Ltd acquisition from American Express Company. The transaction value reached about USD 1.1 billion.

Vasil Kisil & Partners has acted as a legal adviser to Standard Chartered Bank on the Ukrainian law matters.

Within the course of the transaction Vasil Kisil & Partners advised on corporate, employment and regulatory matters of the Ukrainian law, including obtaining of outsourcing services, compliance and banking secrecy issues.

The transaction was supported from Vasil Kisil & Partners by associate Yulia Kyrpa acting under the supervision of partner Denis Lysenko.