EQUITY is advising Ukrainian Business Group in relation to moving insolvent PJSC "Omega Bank" off the market
EQUITY law firm provides procedural support in moving the insolvent PJSC "Omega Bank" off the market through creation of a transitional Bank - PJSC " Transition Bank " RwS Bank ", whose investor is LLC "Ukrainian Business Group ".
EQUITY lawyers carried out a complete assessment of the assets that have been transferred to the Transitional Bank by way of succession, on the subject of ongoing litigations and legal aspects of the troubled assets. Due to the consistent legal support on our part «RwS Bank» foreclosed its security interest in two large mortgage collaterals, namely, the Sophia Sports Complex and the Lybid Hotel
Within the framework of the project EQUITY lawyers managed to successfully defend the rights of the client in, in fact, a new court practice of appealing a negative decision of the NBU on not bringing in compliance with requirement of banking law of the capital and liquidity standards of the transition of the bank «RwS Bank».
The project is handled by EQUITY team of lawyers headed by the senior partner Victor Barsuk and a partner Sergiy Chuev, with the assistance of a lawyer Andriy Ivaniv.