Syutkin & Partners, Practices: Corporate Law

SYUTKIN AND PARTNERS FIRM OF ATTORNEY

CORPORATE LAW

Kyiv, Ukraine

CORPORATE LAW

• This law practice is highly popular due to the fact that the protection of corporate interest provides the basis for successful operation of business in any country of the world.

• Corporate protection has become quite popular in Ukraine over the past 8-10 years, as "corporate wars" remain quite a "popular" way to re-divide business not only in our country, but also all around the world, while total or partial loss of corporate interest might become a potential cause or prerequisite for loss of business as a whole.

Syutkin and partners Law Firm, Ukraine, Kievwww.siutkin.com [email protected]

CORPORATE LAW

This law practice is highly popular due to the fact that the protection of corporate interest provides the basis for successful operation of business in any country of the world.

Corporate protection has become quite popular in Ukraine over the past 8-10 years, as "corporate wars" remain quite a "popular" way to re-divide business not only in our country, but also all around the world, while total or partial loss of corporate interest might become a potential cause or prerequisite for loss of business as a whole.


The main issues, with which our clients come to us and which are the most problematic for businesses in this area are:

1 Protection of the rights of shareholders / members against unlawful actions by other members / company managers

2 Minimization of members’ / shareholders’ risks related to potential actions by other members / shareholders and / or third parties

3 Liability of the company’s director for the damage caused to the company, minimization of the risks of the company (assets) through creation of the corporate structure of the company with optimal powers of the company’s director and control over his activities


• 4 Raider attacks / illegal takeovers of corporate rights by other company members, securitization of corporate interest / company’s assets in the course of such takeovers

• 5 Holding of the general meetings of members / shareholders where there is a corporate conflict between the members / shareholders of the company

• 6 Litigations between members / shareholders of the company, including those related to expulsion of a member from members of the company, recognition of agreements on purchase and sale of shares in the authorized capital as invalid

• 7 Corporate conflicts, including court disputes related to recognition of general meetings of members / shareholders as incompetent, and setting aside of the minutes of the general meetings of members / shareholders

• 8 Corporate conflicts related to division of marital property, minimization of the risks of loss of corporate rights in the course of division of marital property (if corporate rights are owned by an individual)

• 9 Enforcement of court decisions


Enforcement of court decisionsAbout development of solutions in this areapractices is engagedNatalia Osadchayapartner


• Our lawyers are specialising on this area• Yaroslav Serputko

• email: [email protected]• Valentina Siletska• email: [email protected]

• ANASTASIIA LASHKUL• email: [email protected]


• A company• Nonresident company was leaded a successful business on the

territory of Ukraine. Was the majority owner of the corporate rights.

• A problem• A company has entered into a small court conflict on the territory

of Ukraine and the general power of attorney has issued to the Chairman of society in which there was a point (deliberately prescribed by Ukrainian partners) about providing to the last the right to conduct of general meetings of society and accept on behalf from the participants, any decisions.Chairman of the society has conspired with directors of the Company, and they held a general meeting of participants - and decided to liquidate the company. The foreign investor found out that his company is under liquidation by accident, has referred to our company for legal advice.


• Solution• We have stopped the process of liquidation of the company, and

even saved the part of the property of the company. But as all statutory documents and printings of the company were located at the former director, the latter managed jointly with the chairman of the company, "generate debts of an enterprise" and transfer all the expensive equipment of the new company, which was established by him and former Chairman of the society. One legal error of a foreign investor, who worked on "confidence" cost him the loss of a profitable business on the territory of Ukraine and the loss of half of the assets that he was bringing into the territory of Ukraine. Our recommendation: the development of legal protection scheme assets and of the corporate rights at the stage of creating a business, the implementation of such a scheme - is a prerequisite for successful business, preservation of property companies and obtain a stable income.


Syutkin and partners Law Firm Lawyer services Ukraine, [email protected]