Landmark Opinions of the Supreme Court in Corporate Disputes 2020: Part One on Corporate Governance

Ukraine has moved to a hybrid corporate governance model. For years, businesses could only use the two-tier model, with the management and the supervisory boards strictly separated. Now companies can take advantage of the one-tier model with its flexibility and dynamics.

Years of occupation of Ukraine by russia, whatever form it happened in, made Ukraine look close to russia in all senses to the rest of the world. International businesses considered this closeness as a marker to optimize operations in Eastern Europe. In management terms, it often resulted in direct reporting of Ukrainians to russian offices instead of headquarters. In legal terms, the result was often the corporate control of russian units of multinational corporations over Ukrainian units or other forms of control such as IP licensing...