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Kyiv | Ukraine

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Gulliver Business Center
1-А Sportyvna sq., 16th Floor
01601, Kyiv
Ukraine

+38 044 394 9040

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Ukraine allows private sector involvement in space activities

November 2019 – Ukraine’s space industry has entered a new era. On 25 October 2019 the President signed the recently approved Law of Ukraine “On Amendments to Certain Laws of Ukraine on the State Regulation of Space Activities”. The main purpose...

New Ukrainian Bankruptcy Code. The finance and debt restructuring perspective

November 2019 – On 21 October 2019, the Code on Bankruptcy Procedures adopted by Ukraine’s parliament on 18 October 2018 (“the Code”) came into effect. The Code replaces the Act of Ukraine on Renewal of Debtor’s Solvency or Declaring It Bankrupt...

Counsel Andriy Nikiforov speaks at the Inaugural LMA Training in Kyiv

October 2019 – Andriy Nikiforov, Counsel and Head of Banking, Finance & Capital Markets at Kinstellar Kyiv, participated in the inaugural LMA Training in Kyiv, Ukraine, organised by the Loan Market Association (LMA) on 23 October 2019.
The...

Kinstellar’s Kyiv team successfully represents client in high-value ICC arbitration

October 2019 – Kinstellar has successfully represented a former shareholder of one of Ukraine’s largest agribusiness groups in a London-seated arbitration conducted under the ICC Arbitration Rules. The claims against the client, totalling USD 40 million...

Draft laws regulating private detective activities introduced in Ukraine

October 2019 – Two draft laws to regulate private detective activities in Ukraine have recently been introduced in the Ukrainian parliament. The first is Draft Law on private detective (search) activities No. 1228 dated 2 September 2019 ("Draft Law...

Ukraine announces concession tenders for the Kherson and Olvia seaports

September 2019 – Ukraine’s Ministry of Infrastructure has announced pilot tenders for the Kherson and Olvia seaports on the Black Sea. The first tender notification was published in the Uriadovyi Kurier newspaper on 12 September 2019 and opens the...

Kinstellar advises FMS-Wertmanagement AöR on the sale of a USD multimillion debt owed by a Ukrainian real estate business

September 2019 – Kinstellar has acted as Ukrainian legal counsel to FMS-Wertmanagement AöR, a German federal institution established to wind up the risk positions of Hypo Real Estate Holding, in connection with the sale of the debt owed by a shopping...

Aviation Sector Update, Ukraine

September 2019 – During the summer 2019 the Cabinet of Ministers and State Aviation Service (SAS) of Ukraine adopted several important bylaws further harmonising Ukrainian legislation with European Union Aviation Safety Agency (EASA) standards and...

Lending to companies engaged in heat business in Ukraine: New rules apply to loans from international lenders

Regulation of Heat Market in Ukraine
September 2019 – In Ukraine, the generation, transmission and distribution of heat are subject to licensing by either the National Energy and Utilities Regulation Commission (NEURC) or regional state administrations...

Kinstellar Energy & Natural Resources Digest: Ukraine. July 2019 in Review

August 2019 – Kinstellar Energy & Natural Resources Digest: Ukraine. July in Review
ELECTRICITY: First reflections on the new electricity market in Ukraine
Ukraine’s new electricity market began operation on 1 July 2019 and has...