On 18 June 2009 the Presidium of the High Commercial Court of Ukraine approved Recommendations “On Amending and Supplementing Recommendations of the Presidium of the High Commercial Court of Ukraine “On Practice of Application of Legislation While Considering Cases Arising Out of Corporate Disputes” as of 28 December 2007 No. 04-5/14 (the “Amendments”).
This newsletter is aimed to raise public awareness on the provisions of the Joint Stock Company Law and help businesses understand its challenges and advantages. VKP legal team put together valuable information regarding this new piece of legislature as it is very important for all sectors of business operating in Ukraine and is a major cornerstone for the protection of minority shareholder's rights and fostering proper corporate governance.
By Resolution No. 614 dated October 15, 2009 the Board of the National Bank of Ukraine amended Resolution No. 363 dated August 3, 2004 “On Fixing Interest Rates on Residents’ Foreign Loans”; amendments thereto reintroduced the cap rates on short-term, medium-term and long-term loans raised from non-residents, which had been in force until autumn 2008
Read in this issue: Applying the Adjusting Ratio to the Rental Payments for Natural Gas; Overall Price Level for Natural Gas Consumers for 2009; Oil-Fuel Export Is No Longer Subject To Licensing Procedures; Natural Gas Pricing; Ukraine to Modernize Gas Transit System; Coal Mine Methane Recovery and Utilization; Publication of the Draft Law on Amending Certain Legislative Acts regarding the Taxation Encouraging Alternative Sources of Fuel and Energy Use for Public Consideration; Importing oil and gas exploration and production equipment into Ukraine: key problems, possible solutions and more.
This NEWSLETTER has been issued to keep Vasil Kisil & Partners clients and other interested persons informed
of the latest developments in the Ukrainian legislation and the firm news.
This NEWSLETTER from the International Trade and International Arbitration Department of Vasil Kisil & Partners
is dedicated to the analysis of legal regulation of franchising in Ukraine and offers you a brief overview of the issues of major legal concern while entering into international franchising agreements with Ukrainian counterpart.
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