Press Releases

Asters is awarded 2020 Law Firm of the Year: Ukraine by The Lawyer, a leading British magazine and news portal covering the legal market. Due to the pandemic the results of The Lawyer European Awards 2020 were announced online on 1 December 2020. Widely recognized as the benchmark of excellence, The Lawyer European Awards rewards and celebrates independent and global law firms acting in the European legal market ...

Asters successfully defended PrivatBank CB JSC, the largest bank by asset size in Ukraine, in a dispute worth over UAH 7.5 billion before the Commercial Court of Cassation of the Supreme Court over the legality of the creditor's charging extra fees (in addition to interest on the loan) and recovering such fees at the expense of mortgaged property (the Bukovel Ski Resort) ...

Asters advised a global chemical producer, large international and Ukrainian traders, and a major local industrial consumer in the safeguard investigation on imports of polymeric materials to Ukraine. In the final decision the scope of products subject to safeguard duties was significantly narrowed down, the definitive duty was decreased to 12.4% (the provisional duty was set at 18%) ...

Asters acted as a legal counsel to Naftogaz Energoservice, a subsidiary of NJSC Naftogaz of Ukraine (the largest oil and gas company of Ukraine) in connection with the construction of a 33 MW solar power plant in the town of Chudniv (Zhytomyr region, Ukraine). The solar power plant in Chudniv was commissioned in September 2020. The latest technological solutions and highly efficient equipment from the world's leading manufacturers were used in its construction ...

Asters successfully defended Globus shopping center in a dispute with the tax authority over VAT and corporate profit tax adjustments totaling to UAH 300 million (including penalties) ...

Asters acts as a legal counsel to the European Bank for Reconstruction and Development (EBRD) in connection with its financing to Kormotech Group. Kormotech is one of the top three market players in the Ukrainian pet food market and the first and largest Ukrainian producer of high-quality pet food for cats and dogs. The company exports its production to over 30 countries. The loan available in EUR (up to 3 ...

Who’s Who Legal, one of the most authoritative international legal reviews, awarded Asters with Ukraine Firm of the Year for 2020. Due to the pandemic, the list of the winning law firms from over 80 jurisdictions was announced online on 12 November 2020. According to Who’s Who Legal official announcement, "this award is in recognition of the exceptional calibre of your firm’s work in your country over the past year ...

On the eve of its 25th anniversary Asters jointly with Tabletochki Fund initiated DobroRun ("dobro" means "goodness" in Ukrainian) charity race. DobroRun's principal feature was in its broad inclusivity: anybody could participate at any place and time worldwide ...

International Trade practice achieves the lowest individual and decreased country-wide duty for the Chinese industry following the anti-dumping investigation concerning imports into Ukraine of steel fasteners from the PRC. Asters' team contributed to the exclusion of several product varieties from the product subject to the anti-dumping duty, the decrease of the country-wide duty from 93.64% to 67.4%, and secured the lowest individual duty of 32 ...

Asters Partner Markiyan Kliuchkovskyi has been appointed as one of 12 members of Arbitration Council of the Georgian International Arbitration Centre, a leading dispute resolution institution in the Caucasus – Black Sea – Caspian Region. In September 2020, the GIAC Board unanimously adopted the renewed composition of GIAC Council consisting of renowned practitioners representing the world's leading law firms in International Arbitration ...

Asters' International Trade team is pleased to congratulate Ukrainian agricultural industry with completion of the interim and expiry reviews of anti-dumping measures against imports of ammonium nitrate and cancellation of the measures being in place for more than 10 years. The measures were introduced back in 2008 followed by a number of complex reviews and appeals, the most recent include WTO case Ukraine – Ammonium nitrate, and two reviews launched in 2019 and 2020 ...

Asters' International Trade team is pleased to congratulate all exporters of caustic soda with completion of the safeguard investigation without any remedies being imposed. The investigation was launched in February 2020 upon the complaint lodged by Karpatnaftochim Ltd. Asters represented a number of leading foreign chemical producers and exporters ...

Asters' International Trade team reaches an unprecedented post-investigation settlement following the anti-dumping investigation concerning imports into Ukraine of hot rolled seamless steel pipes originating from the PRC. Back in May 2020 the Interdepartmental Commission on International Trade (the "ICIT") imposed 51.52% anti-dumping duties on imports of the product into Ukraine ...

Asters' International Trade team successfully defended imports of syringes into Ukraine regardless of the country of origin and export. The investigation has been closed without any trade remedy measures. Asters represented Association of Market Operators of Medical Devices (AMOMD), one of the largest foreign exporters and producers, as well as several Ukrainian importers ...

Asters acted as a Ukrainian law counsel to the European Bank for Reconstruction and Development (EBRD) and International Finance Corporation (IFC), a member of the World Bank Group, in connection with their loans to JSC “Concern Galnaftogaz” (GNG), Ukraine’s largest company in retail distribution of transportation fuels in terms of sales volume and third largest by number of filling stations ...

Asters is pleased to announce that Tetiana Tyshchenko is joining the firm as a Partner as of 7 August 2020 ...

Asters acts as a legal counsel to the European Bank for Reconstruction and Development (EBRD) in connection with its financing to Lantmannen Axa, a leading producer of breakfast cereals in Ukraine that is owned by Sweden’s largest agribusiness cooperative, Lantmannen ...

Asters has been listed among the world’s top international arbitration law firms by the recently published Global Arbitration Review – The GAR 100 (13th Edition), one of the most authoritative global independent researches of the best law firms specializing in international arbitration. GAR 100 recommends the firm’s Co-Managing Partners Oleksiy Didkovskiy and Serhii Sviriba, practice co-head Partner Markiyan Kliuchkovskyi and Partners Svitlana Chepurna and Yaroslav Petrov ...

On 24 April 2020 Chambers & Partners, one of the world legal industry’s most prestigious ranking directory, announced Asters Ukraine Firm of the Year at its Chambers Europe Awards 2020 event which due to the coronavirus outbreak was held on-line and broadcasted via social media ...

Asters has organized a dedicated multi-disciplinary task force to address the most pressing issues for our clients in responding to COVID-19 outbreak. The task force consisting of the most experienced Asters experts is aimed at provision of urgent assistance to businesses in Ukraine with respect to the unique and rapidly developing situation and is available via the special hotline +380 44 495 1530 and email covid19-response@asterslaw ...

Asters acted as a legal counsel to Regal Petroleum, a British oil and gas company, on its up to USD 8.63 million acquisition of Arkona Gas-Energy, a Ukrainian company holding the license to explore, develop and produce hydrocarbons in Svystunkivsko-Chervonolutske field located in Poltava region ...

Asters successfully represented ASK Technology Limited, a leading Hong Kong manufacturer of multi-GPU systems for mining, rendering and AI, in a dispute with a Finnish company that was resolved in Arbitration Institute of the Stockholm Chamber of Commerce. The dispute revolved around a contract for the supply of equipment for the mining of Ethereum, one of the fastest growing cryptocurrencies alongside with Bitcoin ...

Asters is delighted to announce promotion of Olga Lepikhina, Kateryna Oliynyk, Anton Sintsov, and Oleksandr Volkov to counsel effective 1 January 2020. Olga Lepikhina Olga Lepikhina’s track record includes more than 10 years of experience working at leading international and Ukrainian law firms. She holds master of law degree with honours from the National University of "Kyiv-Mohyla Academy" ...

Asters is delighted to announce appointment of Talina Kravtsova as Partner effective 1 January 2020. As a result, Asters partnership has grown to include 29 partners. Talina has over 15 years of experience working at leading Ukrainian law firms with the focus on family law litigation, including matters of divorce and property division, child visitation and residence, child benefits and child support payments, adoption and custody, status of paternity, and termination of paternal rights ...

Asters acts as a legal counsel to the European Bank for Reconstruction and Development (EBRD) in connection with its up to EUR 10 million financing to Kormotech Group. Kormotech is one of the top three market players in the Ukrainian pet food market and the first and largest Ukrainian producer of high-quality pet food for cats and dogs. The company exports its production to over 25 countries ...