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Baker McKenzie is pleased to submit its next, the sixth edition of Ukrainian Laws in Wartime: Guide for International and Domestic Businesses, a brief overview of the key features of wartime legislation.

This issue contains updated responses to the most common questions raised and considered by international and Ukrainian businesses these days in the following practice areas:
• Martial Law and Special Legislation
• Employment and Migration
• Financial Arrangements and Financial Sector
• Corporate
• Tax and Customs Regime
• Real Estate
• Work of State Courts and Arbitration Tribunals
• Enforcement Proceedings
• Intellectual Property
• Antitrust and Competition
• Pharmaceuticals and Healthcare

Baker McKenzie’s Sanctions Blog published the alert titled Ukraine: the law on canceling marketing authorizations due to ties with Russian/Belarusian pharmaceutical manufacturing became effective on 20 June 2022. Read the article via the link here. Please also visit our Sanctions Blog for the most recent updates.

On 24 February 2022, the Russian Federation launched a full-scale military invasion of Ukraine. The martial law is in effect in Ukraine since then. As a result, special legislation has been adopted in various areas, including that directly affecting business activity. Baker McKenzie lawyers are pleased to present the fourth edition of Ukrainian Laws in Wartime: Guide for International and Domestic Businesses, a brief overview of the key features of wartime legislation.

Baker McKenzie’s Sanctions Blog published the alert titled Canada Introduces An Import and Export Ban on the Trade of Certain Luxury Goods with Russia, Prohibits the Export of Goods With Use in Weapons Manufacturing and Designates 14 Additional Russian Individuals on 23 May 2022. Read the article via the link here. Please also visit our Sanctions Blog for the most recent updates.

Baker McKenzie’s Sanctions Blog published the alert titled Ukraine: Cancellation of marketing authorizations for pharmaceuticals manufactured in Russia or Belarus or held by companies affiliated or otherwise related to those with manufacturing facilities in Russia or Belarus on 25 May 2022. Read the article via the link here. Please also visit our Sanctions Blog for the most recent updates.

Recently, the U.S. Securities and Exchange Commission (“SEC”) Division of Corporation Finance issued a sample letter advising companies on their potential need to disclose direct and indirect impact of Russia’s invasion of Ukraine and the related international response on their operations. Sample letters generally do not create any new legal obligations; instead, they signal the areas of potential scrutiny by the SEC and illustrate the types of risks the SEC may view as material.