Banking and Finance

Services

Financial regulation and currency control

Capital markets and securities

Business financing

Incorporation and reorganization

Overview

GOLAW’s attorneys have over a decade of experience with transactions of project finance and syndicated loans, debt restructuring, foreclosures and similar projects in the banking and finance sector. Attorneys of our banking and finance practice are representing the largest Ukrainian and foreign banks on debt recovery in court proceedings as well as out-of-court settlements. The distinctive strategy of the firm in such matters is to provide advice starting with enforcement of a levy on debtor’s assets and the sale of such assets (real estate, shares, movable property etc.) up to recovery of the client’s funds.

Analysis of a debtor’s corporate structure and risk assessment is an important stage of financing and requires appropriate competencies of advisors structuring the transaction. This is particularly true if the borrower’s group of companies has a foreign element. GOLAW attorneys advise banks and private creditors on complete disclosure of the borrower’s corporate structure and information on final beneficiaries. Among the firm’s successfully handled matters is consultancy on trade and export finance with state export credit agencies and project finance transactions with international financial institutions such as the European Bank for Reconstruction and Development (EBRD), the International Finance Corporation (IFC) and the World Bank.

Dr. Valentyn Gvozdiy

Dr. Valentyn Gvozdiy

Managing Partner, Attorney at law, PhD

  • Recognitions
  • The Legal 500 EMEA 2022
  • Who’s Who Legal 2022

Experience

  • Legal support of EGAP and Erste Abwicklungsanstalt (EAA) on a restructuring of companies group debts

    GOLAW provided comprehensive legal support to creditors Export Guarantee and Insurance Corporation in Czech Republic (EGAP) and Erste Abwicklungsanstalt (EAA), a financial institution in Germany, on a restructuring of Eurocar companies group debts for a total value of more than USD 70 mln.

  • Advising ProCredit Bank on subordinate financing

    GOLAW advised ProCredit Bank, an international bank, on subordinate financing with IFC and other banks of Ukrainian company. The case is the first financing project for Procredit Bank (Ukraine) with International Finance Corporation as a major lender. The value of the project is USD 10 mln.

  • Legal support of Chezh Bank and EGAP in a complex loan dispute

    Corporation (EGAP) in the Czech Republic in a complex loan dispute with LLC Kuzmynetskiy Brick Factory – one of the largest ceramic brick factories in Ukraine with the total project value USD 48m. GOLAW ensured restoration of the bank’s right over the mortgaged assets, initiating bankruptcy of the borrower and successful foreclosure on the brick factory and the land plot with its further sale at public auction as an integral property complex.

  • Сomprehensive legal support of EGAP in a dispute regarding the debt recovery under the loan agreement

    GOLAW provided  comprehensive legal support to Export Guarantee and Insurance Corporation (EGAP) in a dispute with a major Ukrainian agro holding “Creative Group” PJSC regarding the debt recovery under the loan agreement, blocking fraudulent bankruptcies of the borrower, successful foreclosure on the grain elevator and further sale of the foreclosed assets. The total value of the project is EUR 15 mln.

Key lawyers

Viktoriia Bublichenko
  • Head of Tax, Restructuring, Claims and Recoveries practice, Attorney at law
Find a professional

Testimonials

Galina Kočendova

Deputy Director at Claims Settlement and Debt Recovery Department
Export Guarantee and Insurance Corporation (EGAP)

EGAP as a credit insurance corporation insuring credits connected with exports of goods and services from the Czech Republic against political and commercial risks has been co-operating with GOLAW for many years. Starting from the year of 2015 we have been co-operating very intensely. We really appreciate their progressive approach to solving complex legal issues of claims recovery in Ukraine. We have profited from GOLAW’s attorneys ability to select and follow a winning strategy and from their business oriented approach. As a result of this approach our insured bank foreclosed upon an asset that has been nearly lost due to unlawful action of the debtor and is close to substantial recovery.

Ruben Oganyan

Head of Сredit risk department
ProCredit Bank

We highly appreciate professional legal assistance from GOLAW on supporting our bank as a lender in Ukraine. The firm is an ideal option for clients seeking advice on complex multi-jurisdictional transactions including syndicated lending and project finance transactions. They are extremely business-focused and solution-driven. It’s easy to work with the team as they listen to clients’ needs. The personal touch they have is beyond other firms.

Insights

GOLAW has yet again been recognized by top legal guide IFLR1000 in banking and finance law

26 May 2022 News

GOLAW has yet again been recognized by top legal guide IFLR1000 in banking and f...

Read
Debts of Ukrainian businesses to foreign banks may need restructuring

11 May 2022 Publication

Debts of Ukrainian businesses to foreign banks may need restructuring

Read
GOLAW several years in a row wins top positions in prestigious international ranking The Legal 500 EMEA  🔥🔥🔥

12 April 2022 Publication

GOLAW several years in a row wins top positions in prestigious international ran...

Read
GOLAW has yet again been recognized by top legal guide IFLR1000 in banking and finance law

26 May 2022 News

GOLAW has yet again been recognized by top legal guide IFLR1000 in banking and f...

Read
Debts of Ukrainian businesses to foreign banks may need restructuring

11 May 2022 Publication

Debts of Ukrainian businesses to foreign banks may need restructuring

Read
GOLAW several years in a row wins top positions in prestigious international ranking The Legal 500 EMEA  🔥🔥🔥

12 April 2022 Publication

GOLAW several years in a row wins top positions in prestigious international ran...

Read
The economic front: financial and corporate issues during the war

22 March 2022 Publication

The economic front: financial and corporate issues during the war

Read
View all

READY TO GO FORWARD?

Please choose the option below to stay in touch with GOLAW

We use cookies to improve performance of our website and your user experience.
Cookies policy Cookies settings

Please read the provisions of the privacy policy and the processing of personal data carefully Cookies policy.

I consent to the processing of personal data in accordance with the privacy policy and the processing of personal data

I want to receive a mailing

We use cookies to improve performance of our website and your user experience. Cookies policy Hide settings