Press Releases

On 15 December 2019, the closing lecture was delivered at Asters Arbitration Moot Court School 2019. About 20 students of the leading Ukrainian law schools from Kyiv, Kharkiv and Lviv took part in this new educational programme aimed at developing skills of young lawyers participating in the most prestigious international arbitration moot courts ...

Asters acts as a legal counsel to the European Bank for Reconstruction and Development (EBRD) in connection with its EUR 10 million financing to Grain Alliance Group, a large Ukrainian agricultural producer, which cultivates over 50,000 hectares of land and is owned by Claesson & Anderzen of Sweden. The loan will finance the expansion of the group’s storage facilities in northern Ukraine and the purchase of agricultural machinery. The project is co-financed by a EUR 1 ...

Asters acted as a legal counsel to Green Genius, a renewable energy company, part of Modus Group international holding, in connection with the construction of 14 MW solar power plant in the village of Zalukva (Ivano-Frankivsk region, Ukraine). The solar power plant in Zalukva was launched on 27 November 2019. This is the first solar power project implemented in Ukraine by Modus Group. The project was delivered within 6 months ...

Asters has been ranked No. 1 Law Firm in Ukraine according to the 50 Leading Law Firms annual rating published on 2 December 2019 by Legal Practice weekly. According to the publication, Asters is "a flagship of the Ukrainian legal market". The research underlines the dynamic pace of the firm's development, its global reach enhanced with the opening of new offices abroad as well as reinforcement of Asters team and its highest reputation among peers ...

Asters is delighted to announce that Eric Schultz has joined the Firm's office in Washington D.C. as Senior Policy Advisor. Mr. Schultz will provide government and public relations services to Asters and its clients, focusing especially on the U.S. Government. Ambassador Schultz is a former senior American diplomat with decades of experience in the CIS and southern Africa ...

Asters, the largest Ukrainian law firm, is expanding its international reach by setting up a new representative office in London in March 2019. This launch follows recent additions of Washington DC and Brussels offices and will foster existing ties with London-based clients, as well as develop new contacts and opportunities ...

Chambers Europe, an influential annual review of the European legal market, in its 2019 guide recognizes 20 Asters lawyers – the largest number of the renowned practitioners in a single Ukrainian law firm ...

Asters has been listed among the world’s top international arbitration law firms by the recently published Global Arbitration Review – The GAR 100 (12th 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 Partner Oleksiy Didkovskiy and Partners Svitlana Chepurna and Yaroslav Petrov ...

Asters is the only Ukrainian law firm included in Tier 1 ranking in all 11 practices analyzed by The Legal 500: Europe, Middle East and Africa 2019 Guide: Banking, finance and capital markets; Commercial, corporate and M&A; Competition; Dispute resolution; Employment; Energy; Intellectual property; Private client; Real estate and construction; Tax; and White-collar crime ...

Asters has been shortlisted for The Lawyer European Awards 2019 in the category "Law firm of the year: Russia, Ukraine & the CIS". This prestigious international award was established by The Lawyer, an industry leader amongst legal news sources, to recognize law firms that are professionally marking their places in the European legal market. The judges have handpicked the firms which have showcased the best legal work in the region over the past 12 months ...

Asters has acted as a legal counsel to International Finance Corporation in connection with its recent restructuring deal with the Mriya group. Overall, the restructuring negotiations and procedures took up to 20 months ...

Asters has been ranked No. 1 Law Firm in Ukraine according to the 50 Leading Law Firms annual rating published on 4 December 2018 by Legal Practice weekly. The research underlines the dynamic pace of the firm's development, its highest reputation among peers and involvement in the most essential transactions of 2018. In particular, Asters has been acknowledged by the market rivals as No. 1 Law Firm and as the best one in Antitrust and Corporate practices of law ...

Asters has acted as local Ukrainian counsel to JSC Oschadbank, one of the largest financial institutions in the country, in connection with its claim against the Russian Federation for recovery of compensation as a result of the total loss of its investments in Crimea, with Quinn Emanuel Urquhart & Sullivan LLP acting as the lead counsel. On 26 November 2018 an international arbitral tribunal issued its final award sustaining Oschadbank's claims in full. The amount to be recovered is USD 1 ...

Asters is pleased to announce that Oleksii Reznikov has joined the team as a partner focusing on alternative dispute resolution practice as of 1 November 2018. Oleksii Reznikov has extensive experience in business consulting including his 20 years track record as a partner in the top Ukrainian law firms. In 2014 Oleksii put his law practice on hold while focusing on public service as the Kyiv City Council Secretary and Deputy Head of Kyiv City State Administration. Mr ...

Following the largest merger ever between two leading Ukrainian law firms, Asters is pleased to announce the launch of its representative office in Brussels in November 2018. This launch and a recently established Washington DC office is an organic addition for the 150-lawyer strong Ukrainian firm and is in line with Asters stated strategy of establishing a presence in the most important foreign jurisdictions for the Ukrainian market ...

Asters acted as a legal counsel to VR Capital Group on its acquisition of 50% of outstanding shares in PVK Energy Investments (Cyprus) from ICU, an independent asset management, private equity and investment advisory firm specialising in the emerging markets of Central and Eastern Europe. PVK Energy Investments is an owner of Solar Capital, which is building a 34.75 MW solar power plant in Kherson region. Asters' team supported its client on all major aspects of the deal ...

Asters team successfully defended interests of Teva Pharmaceutical Industries Ltd (Teva), one of the world's largest pharmaceutical companies and generic producers, in a dispute on extension of patent term for medical product for additional 3 years over standard 20 years’ term ...

On September 27, 2018 the Antimonopoly Committee of Ukraine cleared merger of Asters and EPAP Ukraine. This completed the departure of EPAP Ukraine from the law firm of Egorov, Puginsky, Afanasiev & Partners. The newly created firm named Asters Law Firm Attorneys' Partnership was registered on October 1, 2018. Asters will be managed by a three partner Committee: Oleksiy Didkovskiy, Serhii Sviriba, and Armen Khachaturyan ...

Asters acted as a Ukrainian law counsel to the International Finance Corporation (IFC), a member of the World Bank Group, in connection with a USD 30 million loan to Astarta, a leading agricultural producer in Ukraine. IFC financial support will fund the Company’s two-year investment program aimed at increasing the resource efficiency of its processing plants and the productivity of its farming operations ...

Having successfully passed the New York Bar exam Constantin Solyar was admitted to the bar on June 27, 2018 allowing him to practice US law. In his role as Partner at Asters Constantin focuses on advising clients on a variety of international tax matters and structuring their investments across the USA and Europe. His practice areas include corporate, M&A, and business law. Constantin also advises a number of high-net-worth individuals on their inbound and outbound investments ...

10 Asters lawyers have been recognized as world's leading law experts in their practice areas by the 2018 edition of Who's Who Legal, one of the most authoritative international legal reviews. The independent research process encompasses more than 2 million recommendations from private practice experts and client sources and researchers have travelled to more than 60 jurisdictions to investigate local markets ...

Asters successfully defended a leading chemical producer in a 15 months anti-dumping investigation into urea formaldehyde concentrate (UFC) and urea formaldehyde resin (UFR) imports into Ukraine. The investigation was launched back in April 2017 following the complaint of a national player claiming that foreign UFC and UFR producers and exporters are engaged in unfair trade practices ...

Asters is delighted to announce that Anzhelika Livitska has joined the Firm's Energy & Natural Resources practice as counsel. Anzhelika has more than 22 years of experience in Energy & Natural Resources and Real Estate & Construction ...

Asters and EPAP Ukraine will merge on October 1, 2018. The combined firm will have offices in Kyiv and Washington, D.C. and will be Ukraine's largest with 26 partners and more than 140 associates. The firm's total headcount will include 250 employees. Consolidation of Asters and EPAP Ukraine combines the professional experience of the best legal practitioners and substantially enhances capabilities in transactional and regulatory areas, as well as in dispute resolution matters ...

Asters has successfully defended the interests of JSC CB PrivatBank, the largest bank in Ukraine by assets, before the Cassation Commercial Court within the Supreme Court of Ukraine in disputes with LLC Agroterminal Logistic and PJSC Pivdenmedbiosintez Design and Search Institute. The disputes concerned the demands of PrivatBank's property guarantors to terminate mortgage contracts worth UAH 5.72 billion ...