NEWS (April 1, 2015)

Aequo Successful for Reverta in Ukrainian Court

Aequo represented Reverta in the Upstar Continental Ukraine bankruptcy, in a case heard by the Superior Commercial Court of Ukraine. Upstar Continental Ukraine had guaranteed the fulfillment of obligations under facility agreements concluded between an unnamed English company and Reverta, a Latvian assets management company. The court of first instance court had ruled that Reverta should be taken off the creditors list.The Superior Commercial Court of Ukraine reversed the lower court’s decision, ruled that Reverta's claims were — in the words of Aequo — "illegally withdrawn from the creditors list, and sent the case to the first instance court for a new liquidation proceedings with due consideration of Reverta JSC’s claims.”The members of the Aequo Dispute Resolution team working on the matter included attorneys Yevgen Levitskyi and Myroslava Savchuk, both working under the supervision of counsel Pavlo Byelousov.

The publication was reprinted with the permission of CEELM. For original publication, please follow:http://ceelegalmatters.com/index.php/over-the-wire/legal-ticker-deals-and-cases-in-cee/item/2223-aequo-successful-for-reverta-in-ukrainian-court

 

 

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