Press Releases

The Best Lawyers International, one of the most respected global peer-review surveys, released its 2019 edition pursuant to which Asters is the Law Firm of the Year in Ukraine in Competition/Antitrust and Corporate Law. Awards "Law Firm of the Year" are determined based on a handful of factors including lawyer ballot feedback, the firm's coverage and scope in the practice area, and the firm's reputation as an expert in this sphere ...

Asters provided legal advice to Nestle, one of the world�s largest food and beverage company, in obtaining merger clearances from the Ukrainian competition authority in connection with: - the acquisition of Atrium Innovations, a global leader in nutritional health products, from a group of investors led by Permira Funds for USD 2.3 billion in cash; - the sale of U.S. confectionary business to Ferrero for USD 2.8 billion in cash ...

Asters acts as a legal counsel to the Black Sea Trade and Development Bank (BSTDB) in connection with its USD 20 million financing to Concern Galnaftogaz, a leading Ukrainian petroleum retailer company. A seven-year loan will assist the company to expand and upgrade its network of gas filling stations and meet its working capital needs ...

Asters acted as a Ukrainian legal counsel to Anadolu Efes Biracilik Ve Malt Sanayii A.S. (Anadolu Efes), one of the world�s largest brewing companies, and Efes Ukraine PrJSC, its Ukrainian subsidiary, in connection with the merger of businesses of Anadolu Efes and Anheuser-Busch InBev S.A./N.V. (AB InBev) in Ukraine and Russia. The largest deal in the Ukrainian M&A market in recent years resulted in AB InBev Efes joint venture with a value of about USD 2 billion ...

Asters acted as a legal counsel to China Machinery Engineering Corporation (CMEC), one of the largest Chinese state-owned construction and engineering companies, in connection with signing a contract with DTEK, Ukraine�s largest private power producer, for the construction of a solar power plant in Nikopol (Dnipropetrovsk region). The solar power station will be built in Nikopol with a planned capacity of 200 megawatts, making it the third largest in Europe in terms of potential output ...

Asters acted as a legal counsel to GE Transportation, a division of the General Electric Company, in connection with a USD 1 billion Framework Agreement with Ukrzaliznytsia, the country’s state-owned rail transport company ...

Asters alongside with White & Case LLP (UK) acted as legal counsels to PJSC Ukrzaliznytsia, Ukrainian public railway company, in connection with restructuring of USD 500 million 9.875 per cent loan participation notes due 2021. The reprofiling included amendments to the terms of the loan agreement due to adjusting the portfolio of Ukrzaliznytsia's local indebtedness ...

Asters is further expanding its industry-focused expertise with the addition of Yuriy Kotliarov as a partner in charge of the Technology, Media and Telecommunications practice effective 24 January 2018. Furthermore, Sergiy Tsyba has joined the Firm's TMT practice as a counsel ...

Asters acted as a legal counsel to METRO Cash & Carry Ukraine against the Antimonopoly Committee in an alleged retail cartel case. On 5 December 2017, the High Commercial Court of Ukraine rendered the final decision in the case that had been litigated for more than two years ...

Asters acted as a Ukrainian law counsel to International Finance Corporation (IFC), a member of the World Bank Group, in connection with over EUR 30 million loan to IMMER Group, a leading Eastern European producer of flexible packaging. IFC’s financing package, which includes 15 million euro in debt mobilized from other lenders, is designed to support growth of IMMER Ukrplastic, Ukraine’s largest manufacturer of flexible packaging materials whose production facilities are based in Kyiv ...

Asters is delighted to announce that Yaroslav Petrov has been promoted to Partner effective 1 January 2018. Yaroslav Petrov joined Asters as Associate in June 2010 and was promoted to Counsel in July 2014. Yaroslav holds master of law degree from the Donetsk National University and LL.M in International Arbitration from the Stockholm University. Yaroslav also attended a non-degree course in International Business and Management from the University of Nebraska at Omaha (USA) ...

On 22 September 2017 the second Eastern European Dispute Resolution Forum (EEDRF) will be held in Minsk. Asters Law Firm is the general partner of the Forum that is aiming to discuss the most relevant trends in the sphere of dispute resolution in the Eastern Europe. Dmytro Shemelin, Asters' counsel and a leading Ukrainian expert in international arbitration, has been invited to the Forum as a speaker ...

Asters Law Firm and its Counsel Yaroslav Petrov have been approved as members of the roster of experts of the Energy Community. The roaster's objective is to provide assistance to the Secretariat of the Energy Community in its activities, including in the framework of grant contracts concluded between the Energy Community Secretariat and the European Commission and other donors (such as EU4Energy Programme) ...

Asters has been recognized as "a social responsibility leader in Ukrainian legal industry" as a result of the international Best in CSR contest run by Sustainable Business magazine, while EBA-Asters Legal School was named one of the best CSR projects in Ukraine in 2016 alongside with the CSR initiatives of Auchan Ukraine, OKKO and Zaporizhstal ...

The Best Lawyers International, one of the most respected global peer-review surveys, included the record breaking number – 15 legal practitioners representing Asters – in the list of outstanding legal experts in various practices in Ukraine in its 2018 edition ...

Asters Law Firm acted as a Ukrainian law counsel to International Finance Corporation (IFC), a member of the World Bank Group, in connection with up to USD 100 million loan to Nibulon, one of the largest Ukrainian grain and oilseeds originators and exporters. IFC will provide up to USD 60 million for its own account in debt financing, and mobilize approximately USD 40 million in debt from other lenders ...

Asters co-sponsors the Ukrainian Insights exhibition featuring artworks by world-renowned Ukrainian contemporary artists Victor Sydorenko, Oleg Tistol, Mykola Matsenko and Valentyn Popov. The exhibition organized by the Permanent Mission of Ukraine to the UN, the Ministry of Foreign Affairs of Ukraine, the Modern Art Research Institute at the National Academy of Arts of Ukraine and Artcult Foundation takes place on 16-25 May 2017 at the United Nations Headquarters in New York ...

Asters Law Firm assists Quinn Emanuel Urquhart & Sullivan LLP, the lead counsel to JSC Oschadbank, one of the largest financial institutions in the country, as local Ukrainian counsel in connection with Oschadbank's claim against the Russian Federation for recovery of over USD 1 billion in compensation as a result of the total loss of its investments in Crimea ...

Chambers Europe, an influential annual review of the best lawyers and law firms in 53 jurisdictions across the European continent, highly recommends Asters in its 2017 edition recently published in London. The guide distinguishes the Firm's outstanding professional achievements ranking 13 Asters' lawyers which is unparalleled by any other Ukrainian law firm ...

On 30 March 2017 the Arbitration Committee established in compliance with the requirements of the new Law - "On Financial Restructuring" - for dispute resolution within financial restructuring procedures in Ukraine, was announced to begin operating. The members of the Supervisory Board elected Dmytro Shemelin, Counsel at Asters law firm, Deputy Head of the Arbitration Committee ...

Asters Law Firm acted as a legal counsel to ACNielsen Ukraine, successfully defending in court the company's interests in alleged retail cartel case. On 2 March 2017 the High Commercial Court of Ukraine made the final decision in the litigation proceeding, which took more than a year and a half. The Court confirmed that the Antimonopoly Committee of Ukraine charges against ACNielsen lacked evidence and revoked the corresponding decision of the Committee ...

Asters Law Firm acts as a legal counsel to ED&F Man, a leading transnational company operating in 60 countries worldwide, in connection with issuing of UAH 195 million customs guarantee by Ukrgasbank, one of the largest Ukrainian banks, in favor of the State Fiscal Service of Ukraine for ED&F Man. This project was the first in Ukraine to involve customs guarantee issued by a Ukrainian bank. "The Customs Code of Ukraine provides for use of a customs guarantee ...

Asters is delighted to announce that Dmytro Shemelin has joined the Firm’s Dispute Resolution practice as counsel. Dmytro has more than 10 years of experience in international dispute resolution, including international investment and commercial arbitration according to all major arbitration rules, as well as international litigation. He is recognized as one of the leading practitioners in International Arbitration in Ukraine according to Ukrainian Law Firms 2016 research ...

World Trademark Review 1000 (WTR 1000) 2017 edition, one of the most recognized international guides to the world's top IP firms and practitioners, highly ranks Asters' trademark practice reflecting the Firm's strong performance over recent years. According to the research, "the IP department has been a vital cog in the Asters machine since the firm began operations in 1995 ...