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Practice Areas
Protective Reflex
The decline of business activity in certain areas cannot be called anything else than collapse. The high priority concern of clients is focused on restructuring, optimization, economizing, or simply maintaining their assets. Accordingly, there was little transactional work for lawyers this year
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Corporate law & M&A
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Banking & Finance
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Industry Sectors
Quartet in the Economy
The most promising sectors of the Ukrainian economy include agriculture, IT, energy and pharmaceuticals. However, they are also characterized by chronic problems: political and economic uncertainty, corruption and administrative obstacles to regular business activities that generate the bulk of applications for legal aid
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Pharmaceutics
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IT
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Energy
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Business Protection
Defense without a Hitch
Corporate security is a comprehensive concept that requires the involvement of various experts from security guards to analysts. However, lawyers play a key role in this group too
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Dispute Resolution
An informal approach
Certain trends which emerged last year in judicial practices give us hope that courts will be more willing to delve into the essence of the cases under their review rather than rely on non-compliance with formalities
Priority fields
«Dispute resolution and, in particular, debt collection in a bankruptcy are currently the most important legal practice trends in Ukraine», notes Artur Megeria, partner at L.I. GROUP law firm
Сriminalized legal entity
“A legal entity may appear in a trial with the status of a person to whom the measures of criminal law are applied should its authorized representatives commit any criminal offense” — Angelika Sitsko,partner at Gvozdiy & Oberkovych Law Firm warns
Protective shield
«One of the most effective ways to protect the rights of foreign investors in Ukraine is to file the relevant claim with the competent judicial bodies», says Valentyn Gvozdiy, Managing Partner at Gvozdiy & Oberkovych Law Firm
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Bankruptcy
Limiting Opportunities
The application of rules of the bankruptcy law in question is currently more often associated with the winding up of a company rather than aimed at restoring its solvency. The imperfect wording of this piece of legislation raises many points of dispute in case law
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Criminal Law
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Tax Practice
Tax on Losses?
Positive trends are being observed in state fiscal policy, but due to the declarative nature of some initiatives and lack of comprehensive and coherent approaches to statutory reform of the taxation sphere, taxpayers have not yet felt a positive effect. The high tax burden, complex, non-transparent administration and corruption risks remain major constraints on business development and improvement of the investment climate in Ukraine
Invitation to Investment
“Tax reform continues to enhance Ukraine's attractiveness for foreign investment”, says convinced Sergiy Oberkovych, Senior Partner at Gvozdiy & Oberkovych Law Firm
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Intellectual Property
The Year’s Movements
Social, economic, political stresses this year did not have a critical impact on the intellectual property market. Lawyers complain about the short-sightedness of the State Service of Intellectual Property in the definition of its objectives and goals and ask for a more dynamic approach towards “intellectual issues” for the IT business
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Competition
Inferiority Package
Despite understaffing, critical gaps in the work of the Antimonopoly Committee of Ukraine were avoided in 2014. If such an extraordinary situation is not resolved in the foreseeable future, it will take quite long to return the Committee’s work to normal