Yulia KYRPA works in AEQUO
In 2015 and early 2016 the Ukrainian banking sector continued struggling against a severe financial crisis caused by a deteriorating economy, war in Eastern Ukraine and a certain degree of political instability in the country. In this environment, the most significant initiatives of the National Bank of Ukraine were aimed at cleaning-up the banking sector and withdrawal of captive banks from the market. Hence, most Ukrainian banks focused on survival and keeping their heads above water. However, such turbulence and challenging environment led to significant transformations of the market, change of the players and the rules of play.
As a result, finance lawyers remained busy, implementing debt restructuring transactions and supporting acquisitions in the banking sector of Ukraine. Although most banks decided to substantially reduce their lending activities until revival of the market, the EBRD and IFC kept supporting Ukraine’s struggling economy by granting new financing and refinancing to suitable borrowers (e.g. a USD 250 million loan granted by IFC to Myronivskyi Hliboprodukt and a USD 300 million loan granted by the EBRD to Naftogaz).
Moreover, the following landmark transactions implemented in 2015-2016 were first of a kind and established certain trends in the market:
— Restructuring of sovereign and quasi-sovereign debt;
— Acquisition of insolvent Astra Bank (formerly owned by Mr. Mykola Lagun) by US private equity house NCH Capital from the Deposit Guarantee Fund.;
— Acquisition of Ukrsotsbank (a Ukrainian subsidiary of UniCredit Group) by Alfa Group (the transaction is supposed to be completed by the end of 2016).
AEQUO leading in
Yulia KYRPA leading in
Yulia KYRPA is a notable practitioner in
AEQUO
- Tel.:
- +380 44 490 9100, 233 6599
- Fax:
- +380 44 490 9102, 233 7769
- E-mail:
- office@aequo.com.ua
- Web-site:
- www.aequo.com.ua
AEQUO is an advanced industry-focused Ukrainian law firm made up of highly-qualified, internationally recommended lawyers who work proactively to help their clients reach their business goals and generate commercial advantages. Backed up by solid industry expertise and a thorough understanding of business, we develop innovative strategies and provide efficient solutions to the most complex and challenging matters.
Today, AEQUO is the legal advisor of choice for many of the largest Ukrainian and multinational companies and financial institutions, including Fortune 500 entities, and leaders in their respective sectors. The list of AEQUO’s representative clients includes Agroprosperis, Alfa Bank, Allianz, Apax Partners, Apollo Global Management, AXA, ATB Market, British American Tobacco Prilucky, Bunge, BXR Partners, Citadele Banka, Discovery Networks, Dr. Reddy’s Laboratories, Dragon Capital, DuPont, Epicenter K, European Bank for Reconstruction and Development, European Commission, FESCO, Forbes, GlaxoSmithKline, Google, Groupe Danone, Inditex Group, Mosquito Mobile, MTS Ukraine, NCH Capital, Nova Poshta International, Novus Ukraine, Philips, Pioneer Hi-Bred International, Porsche Bank AG, Portigon AG, Premium Sound Solutions, Samsung Electronics, Sandvik, Sonae, Soros Fund Management, Syniverse, Synthon, Tetra Laval, Thomson Reuters, TIS, Ukrainian Redevelopment Fund, UniCredit Group, VimpelCom and Zara Ukraine.
AEQUO is recognized by international and local legal directories, such as Chambers, Legal 500, IFLR1000, World Trademark Review 1000, and Best Lawyers.
The firm is shortlisted for Chambers Europe Awards for Excellence 2016, The Lawyer European Awards 2016, Financial Times Innovative Lawyers Awards 2015 in Europe.
Areas of practice: Antitrust and Competition, Banking and Finance, Capital Markets, Corporate and Commercial, Dispute Resolution, Government Relations, Insolvency and Restructuring, Intellectual Property, International Trade, Labor and Employment, Mergers and Acquisitions, Real Estate and Construction, Tax and Customs.
Membership: International Association for the Protection of Intellectual Property (AIPPI), International Bar Association (IBA), International Trademark Association (INTA), European Business Association (EBA).
