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Aequo Successfully Defended the Rights of the Ukrainian Pharmaceutical Company “Darnitsa” on the Shares of the Borshchahivskiy Chemical-Pharmaceutical Plant in the Supreme Court

Aequo's attorneys have successfully defended the rights of the Ukrainian pharmaceutical company "Darnitsa" to the shares of the Borshchahivskiy chemical-pharmaceutical plant in the Supreme Court.

On October 29, 2020, the Supreme Court granted the cassation appeal of the pharmaceutical company "Darnitsa" and cancelled the groundless resolution of the Northern Commercial Court of Appeal dated August 25, 2020 concerning acquisition of shares of the SIC "Borshchahivskiy chemical-pharmaceutical plant" by "Darnitsa" at the privatization auction in 2015, and ultimately confirmed "Darnitsa’s" right to the shares.

The resolution of the Supreme Court is final and not subject to further appeal. Earlier, the Supreme Court also confirmed the validity of the decision of the Antimonopoly Committee of Ukraine on granting “Darnitsa” merger clearance by acquiring the abovementioned shares.

The pharmaceutical company "Darnitsa" acquired a stock of 3,100 shares (29.95% of the charter capital) of the SIC "Borshchahivskiy chemical-pharmaceutical plant" from Department of Kyiv Communal Property at the privatization auction on March 20, 2015.

The project was supported by Yevgen Levitskyi, Aequo’s counsel, dispute resolution, and Oleksandr Zubrytskyi, associate, dispute resolution.

About the firm

AEQUO is an advanced industry-focused Ukrainian law firm made up of highly qualified, internationally recommended lawyers who work proactively to help their clients reach their business goals. Backed up by solid industry expertise and thorough understanding of business we develop innovative strategies and provide efficient solutions to the most complex and challenging matters.

AEQUO provides integrated legal support in areas such as antitrust and competition, banking and finance law, intellectual property, corporate and commercial law, mergers and acquisitions, taxation, litigation and international arbitration, and capital markets.

The list of AEQUO’s representative clients includes leading Ukrainian and international companies and organizations, such as Agroprosperis, Apax Partners, Apollo, Bunge, Corteva, Dragon Capital, DuPont, EBRD, European Commission, Google, IFC, Inditex Group, NCH Capital, Pioneer Hi-Bred International, Raiffeisen International, Samsung Electronics, Synthon, Ukrainian Redevelopment Fund, UniCredit Group, Vodafone Ukraine etc.

AEQUO has been named the Most Innovative Law Firm of the Year in Ukraine by IFLR Europe Awards 2018, Law Firm of the Year in Russia, Ukraine and the CIS by The Lawyer European Awards 2017 and one of the most innovative law firms in Europe according to the FT Innovative Lawyers 2015-2020.

For additional information please contact Director of Marketing and PR Iulia Chervonookaya

by e-mail: chervonookaya@aequo.ua, or by phone +380 44 490 91 00

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