REDCLIFFE Partners

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REDCLIFFE Partners
Company typeLaw firm
PredecessorClifford Chance
Founded2015
FounderOleksiy Soshchenko and Dmytro Fedoruk
Headquarters
Ukraine, Kyiv
Websitehttps://redcliffe-partners.com/

REDCLIFFE Partners is an independent Ukrainian law firm founded in December 2015 in Kyiv as a result of the transformation of the Kyiv office of the international law firm Clifford Chance.[1]

History[edit]

In 2008, Clifford Chance, the first law firm from the “Magic Circle” of five international law firms headquartered in London, opened an office in Ukraine.[2]

In the summer of 2015, due to the unstable economic situation in Ukraine, the annexation of Crimea by Russia and the war in eastern Ukraine, Clifford Chance decided to cease operations in Ukraine, and the Clifford Chance office in Kyiv was reorganized into REDCLIFFE Partners LLC on December 1, 2015.[3] The firm was headed by Oleksiy Soshenko and Dmytro Fedoruk, who had previously worked at Clifford Chance. The partnership of REDCLIFFE Partners also includes Rob Shantz and Zoryana Sozanska-Matviychuk.[4][5][6][7]

Clifford Chance entered into a “best friends” agreement with the reorganized REDCLIFFE Partners, and the lawyers who had previously formed the core of Clifford Chance in Ukraine continued to work in the company.[8][9][10]

In 2018, Redcliffe Partners provided legal support to Saudi Arabian agricultural and livestock investment company SALIC in the acquisition of assets of Mriya agricultural holding. The deal was recognized as the Deal of the Year by the 2018 CEE Deal of the Year Awards.[11][12][13]

In the spring of 2019, Redcliffe Partners acted as Ukrainian legal counsel to J.P. Morgan Securities Plc as a loan coordinator for the construction of a 250 MW wind farm near Lake Syvash in Kherson region. The signing ceremony took place at the World Economic Forum in Davos with the participation of President of Ukraine Petro Poroshenko. The deal has been recognized as one of the best deals of 2020 by the IFLR Europe Awards.[14][15][16][17][18]

In January 2021, REDCLIFFE Partners acted as a legal counsel to American investors Aspect Energy and SigmaBleyzer in signing a Production Sharing Agreement (PSA) with the state of Ukraine. These companies became the first American investors under PSA terms after Chevron's exit from Ukraine in 2014.[19][20]

In 2023, REDCLIFFE Partners advised the U.S. Development Finance Corporation (DFC), the International Finance Corporation (IFC) and the European Bank for Reconstruction and Development (EBRD) on the provision of parallel loans totaling up to US$480 million to Myronivsky Hliboproduct Group (MHP) to refinance its Eurobonds. The deal was recognized as the Deal of the Year by the 2023 CEE Deal of the Year Awards.[21][22][23][24][25][26][27]

References[edit]

  1. ^ "CLIFFORD CHANCE LAW OFFICE IN KYIV RE-ESTABLISHED AS AN INDEPENDENT LAW FIRM "REDCLIFFE PARTNERS" - U.S.-Ukraine Business Council (USUBC)". www.usubc.org. Retrieved 2024-03-23.
  2. ^ Poludenko, Anna (2008-03-12). "Clifford Chance latest multinational law firm to open Kyiv practice - Mar. 13, 2008". Kyiv Post. Retrieved 2024-06-03.
  3. ^ "Clifford Chance | Clifford Chance in Ukraine". Clifford Chance. Retrieved 2024-06-03.
  4. ^ "Magic circle law firms' revenues hampered by currency shifts". www.ft.com. Retrieved 2024-03-23.
  5. ^ Ponomarenko, Illia (2018-12-26). "Dmytro Fedoruk, unafraid of Ukraine's risks, strikes out on his own with in Redcliffe Partners law firm - Dec. 26, 2018". Kyiv Post. Retrieved 2024-03-23.
  6. ^ "Все в Сеть: развитие e-commerce в Украине и его перспективы — Delo.ua". delo.ua (in Russian). 2016-09-16. Retrieved 2024-03-23.
  7. ^ Лавский, Владимир (18 November 2020). "Київська юридична фірма розповіла, як супроводжувала угоди на понад 3, 5 млрд $". money.comments.ua. Retrieved 2024-03-23.
  8. ^ "Новою держуповноваженою АМКУ може стати юристка відомої компанії". Економічна правда (in Ukrainian). Retrieved 2024-03-23.
  9. ^ "Ukraine". Clifford Chance. Retrieved 2024-03-23.
  10. ^ "Право на деньги: Как юридические компании выживают в кризис — Delo.ua". delo.ua (in Russian). 2016-03-29. Retrieved 2024-03-23.
  11. ^ "Redcliffe Partners виступила радником SALIC у зв'язку з придбанням активів групи "Мрія"". eba.com.ua. 2018-09-17. Retrieved 2024-03-23.
  12. ^ "Найбільш перспективними в Україні для юридичних послуг є енергетична сфера, агропромислова та стартапи". Gazeta.ua (in Ukrainian). 2020-11-17. Retrieved 2024-03-23.
  13. ^ Stuckey, David (2019-03-29). "CEE Law Firms Celebrate Successes at Second Annual Deal of the Year Awards in Budapest". CEE Legal Matters. Retrieved 2024-03-23.
  14. ^ Stuckey, David (2019-11-08). "Inside Out: Framework Financing Agreement for Syvash Wind Farm Ukraine". CEE Legal Matters. Retrieved 2024-03-23.
  15. ^ Stuckey, David (2019-04-25). "K&L Gates, Integrites, and Redcliffe Partners Advise on Segment 2 of Ukraine's Syvash Wind Power Project". CEE Legal Matters. Retrieved 2024-03-23.
  16. ^ "Redcliffe Partners виступила радником ЄБРР та НЕФКО стосовно фінансування найбільшого проекту з відновлюваної енергетики в Україні". eba.com.ua. 2019-02-15. Retrieved 2024-03-23.
  17. ^ "Юридична компанія Redcliffe Partners з приємністю повідомляє про призначення партнером Світлани Теуш, яка очолює практики відновлюваної енергетики, нерухомості та будівництва". Американська торговельна палата в Україні. Retrieved 2024-03-23.
  18. ^ "IFLR Europe Awards 2020: shortlist revealed". IFLR. 2020-02-19. Retrieved 2024-06-03.
  19. ^ "Redcliffe Pаrtners: Інвестори очікують перших success stories українських УРП проектів — EXPRO Consulting". expro.com.ua (in Ukrainian). Retrieved 2024-03-23.
  20. ^ Antonyk, Anastasiia (2021-01-18). "Redcliffe Partners: Aspect Energy and SigmaBleyzer sign a Production Sharing Agreement with the State of Ukraine for oil and gas exploration and production". nucc.no. Retrieved 2024-03-23.
  21. ^ Djonovic, Andrija (2023-12-04). "Redcliffe Partners and Avellum Advise on USD 480 Million Loan to MHP". CEE Legal Matters. Retrieved 2024-03-23.
  22. ^ "Redcliffe Partners Advises DFC, IFC, and EBRD on USD 480 Million Financing Package to MHP". eba.com.ua. 2023-11-29. Retrieved 2024-03-23.
  23. ^ "Redcliffe Partners Advises DFC, IFC, and EBRD on USD 480 Million Financing Package to MHP". The American Chamber of Commerce in Ukraine. Retrieved 2024-03-23.
  24. ^ "IFC, EBRD, DFC Help Bolster Ukrainian Agribusiness Sector, Strengthen Global Food Security | DFC". www.dfc.gov. Retrieved 2024-03-23.
  25. ^ Elena (2023-11-29). "Redcliffe Partners advises DFC, IFC, and EBRD on USD 480 million financing package to MHP". Redcliffe Partners. Retrieved 2024-06-03.
  26. ^ "2023 CEE Deals of the Year Shortlists". doty.ceelegalmatters.com. Retrieved 2024-03-23.
  27. ^ Cotarcea, Radu (2024-04-26). "CEELM Deal of the Year Awards Banquet: And the Winner Is…". CEE Legal Matters. Retrieved 2024-06-03.