Mykola Stetsenko

Buyers become more demanding with respect to potential targets, AVELLUM’s survey reveals

AVELLUM for the second time researched how the coronavirus outbreak affected the plans of businesses to purchase or sell assets or companies in Ukraine in the next 6 to 12 months. We surveyed over 90 owners, top managers, and heads of legal departments of Ukrainian and international companies.

AVELLUM advises MHP on investment into Foodz

AVELLUM provided legal support to MHP in structuring the deal and drafting the transaction documents. MHP is the leading poultry producer in Europe and one of the biggest grain producers in Ukraine. Foodz is a dark kitchen start-up that has already raised investments of over USD2 mln.

AVELLUM advises Kaspi.kz on acquisition of Portmone

AVELLUM provided support to Kaspi.kz in performing legal due diligence of Portmone, negotiating and drafting the transaction documents, and coordinating completion of the transaction.

Doing business in Ukraine: 30 years of independence

The Ukrainian legal community works hard to implement further improvements in Ukrainian law and fully harmonize it with the EU legislation. However, the progress is remarkable and deserves praise and attention both from foreign and local investors.

AVELLUM IS HIGHLY RANKED IN 19 PRACTICES BY UKRAINIAN LAW FIRMS 2021

The traditionally strong position of AVELLUM in the Ukrainian legal market was reconfirmed by the 2021 edition of the Ukrainian Law Firms. A Handbook for Foreign Clients by Yuridicheskaya Praktika.

AVELLUM advised Volt Resources Limited on acquisition of 70% stake in Zavallivskyi Graphite Group

AVELLUM provided full legal support to Volt in negotiations and drafting of the transaction documents and coordinated completion of the entire transaction. We also performed legal due diligence of the ZG Group.

AVELLUM advised Volt Resources Limited on acquisition of 70% stake in Zavallivskyi Graphite Group

AVELLUM acted as the legal counsel to Volt Resources Limited (“Volt”) on the acquisition of 70% stake in the Zavallivskyi Graphite Group (“ZG Group”). Volt is a graphite and gold exploration and development company listed on the Australian Stock Exchange.

New approach for disclosing ultimate beneficial owners and ownership structure for Ukrainian compani

For companies with sophisticated corporate structures such disclosure obligations create a burden to collect many documents from various jurisdictions. Thus, it is worth launching the collection of the required documents already.

14 lawyers of AVELLUM recognised in Best Lawyers – 2022

The recent edition of Best Lawyers International – 2022 recognises 14 lawyers of AVELLUM, including all 6 partners of the firm.

3rd anniversary of Law on LLCs

Ukrainian corporate legislation continues to improve. The managing partner of AVELLUM, Mykola Stetsenko, has been actively involved in drafting the new law on the Joint Stock Companies and further improvements to the LLC Law.

AVELLUM wins Ukraine Firm of the Year at the IFLR Europe Awards

his year, the Awards specifically highlighted the standout contribution of AVELLUM to the reform of corporate laws in Ukraine and the harmonisation of the Ukrainian corporate regulations with the European ones.

AVELLUM advises Diligent Capital Partners on acquisition of minority stake in Edinstvo Group

As a result of the transaction, Edinstvo Group obtained the USD20 million financing that it plans to use to construct a soybean processing plant, expand feed additives production capacity and install additional feed packaging lines.

AVELLUM advises on sale of AXDRAFT to Onit

AVELLUM acted as the Ukrainian legal counsel to major shareholders of AXDRAFT, a Ukrainian document automation company, on its sale to Onit. We advised on tax and corporate structuring, as well as transactional matters pertaining to major shareholders.

AVELLUM advises Nemiroff on first successful privatisation of Ukrspyrt's alcohol production facility

AVELLUM acted as the legal advisor to LLC “LVN Limited”, a part of Nemiroff Group on obtaining merger control clearance of the Antimonopoly Committee of Ukraine for the privatisation of a part of assets of Ukrainian State-Owned Enterprise of Alcohol and Liquor Industry “Ukrspyrt".

Myths Shattered: 8 Misperceptions of Doing Business in Ukraine

Foreign investors often have misperceptions about doing business in Ukraine. Below, I debunk the 5 most common myths, as well as 3 more that reflect the most recent improvements in the business climate.

AVELLUM advises Argus Media Ltd on acquisition of Agritel International

AVELLUM acted as the Ukrainian legal counsel to Argus Media Ltd on the acquisition of Agritel International, a subsidiary of Agritel, an expert provider of information, consulting, and forecasting on agricultural and agro-industrial markets.

AVELLUM advises CHG Healthcare on acquisition of Modio Health

AVELLUM acted as the Ukrainian legal counsel to CHG Healthcare, one of the largest healthcare staffing companies in the US, on the acquisition of Modio Health, a provider of technology solutions for the healthcare industry.

AVELLUM advises Van Leeuwen Pipe and Tube Group on acquisition of Benteler Distribution Ukraine

AVELLUM acted as the Ukrainian legal counsel to the Netherlands based Van Leeuwen Pipe and Tube Group on the acquisition of BENTELER Distribution Ukraine, a part of the international distribution division of BENTELER International AG.

AVELLUM advises MTB Bank and Bank Center on merger

AVELLUM acted as the legal counsel on the merger of Public Joint Stock Company “MTB Bank” (“MTB Bank”) and Public Joint Stock Company “Commercial Bank “Center” (“Bank Center”).

AVELLUM advised EVO Group on its merger with Rozetka

AVELLUM acted as the legal counsel to EVO Group, the internet company behind Ukraine’s leading marketplace Prom.ua, in connection with its merger with Rozetka, the leading online retailer based in Ukraine.

AVELLUM advises Diligent Capital Partners on acquisition of 16% equity stake in Allseeds

AVELLUM acted as the Ukrainian legal counsel to Diligent Capital Partners (“DCP”), a private equity manager, in connection with the acquisition of a 16% equity stake in Allseeds SA together with the Dutch Development Bank FMO (“FMO”).

AVELLUM Advises Uber on Merger Control Clearance for Joint Venture with Yandex

AVELLUM acted as the Ukrainian legal counsel to Uber on obtaining a merger control clearance from the Antimonopoly Committee of Ukraine for the creation of a joint venture with Yandex. The new company is valued at USD3.8 billion.