Analytics

Ilyashev & Partners represented Antonov Chief Executive

In May and July 2014, Oleksandr Kalenkov, the under-secretary of the Industrial Policy Ministry, who was appointed in May 2013 by Ukraine’s ousted president, Viktor Yanukovych, sanctioned the dismissal of Dmitry Kiva as the president of Antonov, and appointed Sergiy Merenkov — who, as an Antonov executive, was fired by the company back in 2006 — as new interim president.

 

According to Ilyashev & Partners, “on 1 August and 3 September, security officers and employees kicked Sergiy Merenkov and his armed thugs off the company premises, frustrating an attempt of forced illegal takeover of Antonov.” Following the Court’s 3 September 3 order, however, “the Court has put to rest the question of who is the actual CEO of the company by upholding the powers of Dmitry Kiva as the president and chief design officer. Antonov's 14,000-strong team can now breathe a sigh of relief and get back do their jobs instead of preparing to resist another fake executive.”

 

The publication was reprinted with the permission of CEELM. For original publication, please follow http://ceelegalmatters.com/

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