Log in
Welcome to the 

Ukrainian American Bar Association

UABA News Blog - In English

This UABA Blog page provides information and commentary on issues that are relevant to the organization and its members. Although the blogs are public, comments can only be made by members. If yoiu wish to join the discussion, you are welcome to become a member.

The comments expressed on these blogs represent the opinions of the authors and not that of the UABA.

  • 17 Feb 2016 4:03 PM | Myroslaw Smorodsky (Administrator)

    Russia Sues Ukraine in London Court Over $3 Billion Default

    Russia said it filed a lawsuit against Ukraine in the High Court in London after the government in Kiev defaulted on $3 billion in bonds. Cleary Gottlieb Steen & Hamilton LLP was hired to represent the government in Moscow in a case that will seek to recover the principal in full, $75 million of unpaid interest and legal fees, Russian Finance Minister Anton Siluanov said on Wednesday. The filing comes after Germany tried to mediate talks between the two former-Soviet neighbors to try to reach an out-of-court settlement.  Bloomberg Business

  • 02 Feb 2016 1:31 PM | Myroslaw Smorodsky (Administrator)
    OFAC adds five to Magnitsky sanctions list

    The Treasury Department's Office of Foreign Assets Control added four Russians and a Ukrainian to its list of those sanctioned under the Magnitsky Act for alleged human rights abuses. With the names added Monday, OFAC has now listed 39 people subject to travel bans and asset freezes under the Magnitsky Act. Most on the list were implicated in the jailing and death of Russian lawyer Sergei Magnitsky. FCPA Blog  Read More

  • 01 Feb 2016 9:26 PM | Myroslaw Smorodsky (Administrator)

    Ukrainian Village In Chicago to Have Nation's Hottest Housing Market in 2016

    It's no surprise to Chicagoans that the city's housing market has been bouncing back since the deep freeze of the recession years. Home sales have been on the rise, and in many popular neighborhoods, houses don't stay on the market for very long. In fact, Chicago's housing market has so much going for it right now that real estate brokerage and search site Redfin has named the Ukrainian Village as the hottest neighborhood in the country for 2016
    Read  More

  • 01 Feb 2016 3:48 PM | Myroslaw Smorodsky (Administrator)

    U.S. Will Track Secret Buyers of Luxury Real Estate

    NY Times 

    The initiative will start in Manhattan and Miami-Dade County as part of a broader federal effort to focus on money laundering in real estate.  Read More

  • 27 Jan 2016 3:13 PM | Anonymous
    One year ago this month, the Battle of Donetsk International Airport reached a gruesome climax. After over 240 days of defiant and against-all-odds defense, the airport finally fell to combined Russian-separatist forces. Dozens of Ukrainian defenders died in the last days of the battle. Many perished in the rubble following the collapse of one of the few remaining ceilings in the airport terminal complex. Others died in the kind of desperate hand-to-hand fighting that had characterized the entire battle. By this stage, the airport itself was an uninhabitable lunar landscape, reduced to ruin by some of the most intense fighting witnessed in Europe since the fall of Nazi Berlin in spring 1945. This was the last stand of the ‘Ukrainian Cyborgs’, the name given to the seemingly superhuman defenders of Donetsk International Airport by their exasperated opponents.    Business Ukraine.   Read More

  • 27 Jan 2016 3:10 PM | Anonymous

    Ukraine continues to live in a state of unresolved revolution. The number of voters unhappy with how the country is developing, compared to the beginning of the Euromaidan has not only not gone down, but continues to grow.   The Ukrainian Week.   Read More

  • 27 Jan 2016 3:06 PM | Anonymous
    After Orthodox Christmas, I spent a few days in Kyiv. It is quite striking how the mood has changed in a positive direction. The 2016 budget and the modified tax code were adopted on December 24. After two weeks of well-deserved rest, there is a sudden realization that Ukraine accomplished many important economic reforms in 2015. Admittedly, many Ukrainians repeat the mantra that no reforms have taken place, but that is not true. Hundreds of sensible reform laws have been adopted and their breadth is impressive.   Atlantic Council.   Read More

  • 27 Jan 2016 3:00 PM | Anonymous

    A little over a month after US Vice President Joe Biden told Ukrainian legislators that graft was eating Ukraine "like a cancer," an order from Ukraine's cabinet of ministers struck a decisive blow against pharmaceutical corruption. This order outsources the purchasing of numerous medicines for seriously ill Ukrainians from the Ministry of Health to respected international organizations including UNICEF, the United Nations Development Program (UNDP), and Crown Agents.   Atlantic Council.  Read More

  • 27 Jan 2016 2:53 PM | Anonymous
    Ukraine faces another difficult year as it grapples with two daunting challenges: Russia’s continuing effort to use the unsettled conflict in the Donbas to destabilize Kiev, and the need to implement critical economic reforms. In order to put the country on a path to becoming a successful European state, Ukraine’s leadership has to solve these two problems simultaneously. As Kiev tries to do so, the West can and must help—but U.S. and European support will be affected by the depth of Kiev’s commitment to reform.   Brookings.   Read More

  • 25 Jan 2016 2:39 PM | Myroslaw Smorodsky (Administrator)

    "In a span of two weeks, you will see a number of litigation initiatives with which Ukraine and those enterprises we will support will be defending Ukraine's state interests in court," he told Ukrainian TV channels about a Crimea de-occupation road map on Sunday.

    In his words, the suits will be lodged with various international courts.

    Earlier, Poroshenko announced that the government had prepared a package of lawsuits to be lodged with international courts in connection with Russia's annexation of Crimea, "starting from the Maritime Arbitration [Association] and ending with the court in The Hague." The president explained that the lawsuits were related to a broad range of issues – from the protection of property rights to personal responsibility of certain individuals.

    In particular, state-run Oschadbank, oil giant Ukrnafta and state railway company Ukrzaliznytsia have launched arbitration cases due to losses of Crimean assets.

    Ukrainian Justice Minister Pavlo Petrenko said earlier that more than 700 Ukrainians, namely internally displaced persons from Crimea and Donbas, had filed private lawsuits at the European Court of Human Rights against Russia's annexation of the Crimea and aggression in Donbas.
    Read more on UNIAN: http://www.unian.info/politics/1245340-poroshenko-announces-suits-against-russia-over-crimea.html

Powered by Wild Apricot Membership Software