We operate in Ukraine through our Best Friends arrangement with Redcliffe Partners.
The working relationship, under the 'best friends' arrangement, ensures that multinational, major regional and local clients benefit from high-quality legal advice from an established team in Ukraine, with access to a leading global platform.
A top-tier international firm with Ukrainian know-how
We have advised local, regional, and international clients in Ukraine since 1991. Our team includes Ukrainian and English qualified lawyers. This is an important factor in many international transactions as English law is widely used in cross-border transactions involving Ukraine.
The 'best friends' arrangement with Redcliffe Partners enables us to combine local market knowledge, technical excellence and international reach and thereby deliver to clients what they value most. One client’s summary is that we have "excellent client focus and responsiveness, and a good commercial approach linked with the pragmatism needed to operate successfully in Ukraine".
Local knowledge and international reach
Our work is often multi-jurisdictional so we regularly collaberate with our European colleagues and with lawyers in key financial markets across our international network.
This means that our lawyers are used to complex deals, innovative ideas, and working in extended teams. And they have first-hand experience of the practicalities of the Ukrainian market. We use this combination of skills, experience and resources to advise clients in a wide range of areas.
We often work on the most significant and complex projects taking place in Ukraine. Recent examples include advising major international oil and gas companies in connection with the entry into production-sharing agreements with the State of Ukraine, where the total area of the subsoil blocks exceeds the area of Montenegro; Valinor Group on the 2013 sale of the Ukrainian part of the business, one of the largest agricultural companies in the CIS; and an oil and gas development joint venture between subsidiaries of Vitol and East One.
We have advised on Ukrainian government notes and bonds, includinga US$1 billion Eurobond placement in 2012, and the offering of US$568 million of guaranteed notes to finance infrastructure for the 2012 UEFA European Football Championship.
Sophisticated restructuring, insolvency and financing
Many banks, financial institutions, and corporates have found that Ukraine’s legal regime for restructuring and insolvency is rather uncertain. We use our team’s experience and our firm-wide financial capability to help clients with high-profile transactions.