The world economy is entering global recession for the first time in over 70 years and Ukraine's economy is likely to be affected significantly by these events. Revenues for many businesses have dwindled substantially or disappeared completely. During the seminar, we touched on the impact of these events on financial viability of business and practical steps that businesses can take to reduce disruption and to continue to operate even in the circumstances of financial stress and difficulties.
In particular, we considered:
- Can Ukrainian businesses overcome financial difficulties resulting from the business downturn: could restructuring become a viable option?
- Which restructuring procedures are available and how to choose the most suitable one?
- How to deal with the constraints of restructuring and influence creditors?
- Which restructuring tool to use and what to consider for getting desirable result?
- Risks specific to Ukraine – could these be new post-pandemic opportunities?
Speakers:
Ihor Olekhov, Partner and Head of Banking & Finance practice at CMS Cameron McKenna Nabarro Olswang Kyiv office. He specialises in a broad range of finance, banking and investment projects and transactions, as well as corporate governance, corporate reorganisations and financial regulation, compliance and tax matters.
Kateryna Chechulina, Counsel, CMS Cameron McKenna Nabarro Olswang Kyiv office. Kateryna leads major cross-border financing transactions and has experience in acting for lenders & borrowers, focuses on trade, export & commodity finance, leveraged, syndicated & corporate finance and project finance in various sectors.
Khrystyna Korpan, Associate, CMS Cameron McKenna Nabarro Olswang Kyiv office. Khrystyna advises on banking and finance transactions including syndicated loans, restructuring of clients' loan portfolios, pre-export finance, project finance and trade finance, as well as various regulatory issues related to capital markets.
