Asters

Asters Counsel Viktoriya Demydenko took part in a seminar on the key issues of Ukraine's post-war reconstruction. The event, which was organised by the law firm Shin & Kim, took place in Seoul on 04 November 2024. During the presentation, Viktoriya spoke about the key legislative norms and initiatives related to attracting investment to Ukraine. She explained the specifics of industrial parks' regime, significant investments and immediate recovery projects. She also pointed out the peculiarities of the Ukrainian legal system and the major types of contracts in real estate development projects. The participants of the event also discussed the economic situation in Ukraine, trends in reconstruction by the international community, war risk insurance, investments in railways, etc. They also spoke about possible scenarios for the entry of Korean companies into the Ukrainian market, including with the support of government programs and financial institutions, and presented successful cases.

On 29 October 2024, the 3rd Annual Ukrainian Infrastructure Forum took place, organised by Asters, Herbert Smith Freehills and Strategy Council with the special support of the Embassy of Ukraine in the United Kingdom of Great Britain and Northern Ireland. The event brought together key stakeholders to discuss the most topical issues related to the reconstruction process in Ukraine. 🎤 Asters Senior Partner Armen Khachaturyan moderated the discussion, in which the participants presented a progress report on the reconstruction projects in Ukraine and the country's macroeconomic performance, as well as defined the key priorities for efficient and coordinated reconstruction efforts. 🎤 Asters Partner and Head of London Office Yaroslav Petrov joined the session to discuss the priority sectors where private sector investment can have the greatest positive impact. More https://lnkd.in/ew2NyUwW

Asters offers a unique opportunity to those who are taking the first steps in their professional career as a lawyer! We are pleased to announce that applications for the internship programme at Asters’ White Collar Crime Practice are now open. The programme offers a three-month internship (which can be extended up to six months) and aims to provide hands-on experience working with leading lawyers, understanding the peculiarities of different areas of law as well as the opportunity to gain an insight into the work of a large law firm. Requirements: 📌 4th- 6th year law student at a Ukrainian or foreign university 📌 excellent academic performance 📌 fluency in English 📌 strong analytical, legal writing and research skills 📌 teamwork and individual work skills Format: part-time, Asters office. Send your CV to hr@asterslaw.com with the title "Internship – White-Collar Crime Practice".

Asters has been recognised in all practice areas researched by #IFLR1000 2024 in Ukraine. The firm maintains its leading position (Tier 1) in Banking & Finance and Restructuring & Insolvency. It is also highly recommended (Tier 2) in Capital Markets, M&A and Project Development. The ranking also highlights the expertise of the firm's lawyers: Co-Managing Partner Oleksiy Didkovskiy, Senior Partner Armen Khachaturyan, Partners Oleksiy Demyanenko, Yaroslav Petrov, Iryna Pokanay, Roman Stepanenko and Vadym Samoilenko, Counsels Oleksandr Khomenko and Maksym Tereshchuk. Congratulations with the well-deserved recognition! 

Asters invites to attend the 3rd annual Ukrainian Infrastructure Forum, arranged jointly with Herbert Smith Freehills and Strategy Council. The event will bring together all stakeholders to discuss the requirements and opportunities in the Ukraine's reconstruction process, namely: 🗨 Putting in place the necessary mechanisms to ensure an efficient and coordinated reconstruction effort 🗨 Current estimates of damage caused, the rebuild cost and where to find the resources 🗨 Sourcing the levels of finance and investment required for the rebuild and implementing mechanisms to deliver world-class infrastructure projects in Ukraine 🗨 New mechanisms for political and war risk insurance cover to support and de-risk investment into the reconstruction effort in Ukraine 🗨 Opportunities to expand the production of building materials domestically to ensure Ukraine is well-positioned to meet reconstruction requirements 🗨 Utilising the PPP and concession models to channel investment into the restoration and modernisation of Ukraine’s transport infrastructure Asters' Senior Partner Armen Khachaturyan and Partner and Head of the firm's London office Yaroslav Petrov will moderate the discussion. More about the event and registration 👉 https://lnkd.in/eC-fYef8  

Asters' Counsel and Head of IT Industry Group Oksana Petrus spoke at the webinar "Selecting a country for establishing an R&D centre: important aspects to consider", organised jointly with the IT Ukraine Association. Oksana outlined the main aspects to consider when establishing an R&D centre, namely the country's investment climate, legal system, tax regulation, labour laws, etc. She also drew attention to other non-obvious but important aspects that affect business, such as cultural and linguistic peculiarities, political situation in the country, logistics and infrastructure capabilities. More 👉 https://lnkd.in/exukVTDf

Asters' Partner and Co-Head of Energy & Natural Resources Practice Yaroslav Petrov is re-nominated for the position of Co-Chair of the American Chamber of Commerce in Ukraine (ACC) Renewables Committee. He has over 15 years of legal experience in the energy sector, including various types of renewables and work across different jurisdictions. He has also been an active member and contributor to several well-recognized business associations in Ukraine, including the energy committees of the ACC, the European Business Association and the Ukrainian Wind Energy Association. If re-elected, Yaroslav Petrov will pursue the following plans and goals for the benefit of the Renewables Committee: 🎯 supporting Ukrainian businesses in adopting greener practices and integrating ESG standards into their business practices 🎯 supporting existing renewable energy participants and those who have suspended operations due to the war in Ukraine 🎯 engaging in active dialogue and cooperation with the government on Ukraine’s obligations within the European Energy Community and the EU accession process 🎯 protecting renewable energy market participants by cooperating with state authorities on issues related to the compensation of debts for produced electricity and debts on the balancing market 🎯 supporting RES producers in launching the Guarantees of Origin (GO) market and unlocking access to the EU market for GOs 🎯 promoting the use of energy storage systems in both existing and new projects 🎯 collaborating with Ukrenergo to ensure transparent access to the grid, which should stimulate new RES projects If you are a member of ACC, please support Yaroslav and cast your vote via the link 👉 https://lnkd.in/eAAmM55e before 24 October 2024 (6:00 PM local Kyiv time)

In September, Kyiv hosted the IT Ukraine GR Conference 2024 that brought together industry leaders, government officials and business representatives.   Asters team contributed to its organisation and took part in the discussion, namely: 🗨 Asters Business Development Director and Vice President for Legal Affairs at IT Ukraine Association Oleksiy Uros welcomed the participants and took part in the panel discussion on mobilisation, obtaining criticality status for companies and reserving employees 🗨 Asters Partner and Head of Tech & Comms practice Yuriy Kotliarov took part in the panel session discussion related to the Ukraine’s Integration into the EU Digital Single Market   A recording of the event is available via the link 👉https://lnkd.in/eDpMM8jK

On 10 October 2024, the presentation of the report “Legislation Fostering Wind Energy Development in Ukraine” by the Ukrainian Wind Energy Association (the UWEA) took place. The report was drafted within the special project aimed at identifying and removing gaps in existing RES legislation to ensure the effective growth of wind energy in Ukraine. Asters team consisted of Partner Yaroslav Petrov and Counsel Viktoriya Demydenko authored the report. Together with the firm's Counsel Marta Halabala they presented the results of the analysis of the current energy legislation and proposals related to the certain aspects of wind parks construction, obtaining the required permits, distribution of cross-border crossings for RES and electricity export. More https://lnkd.in/eyDMwPBN