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Legal Briefing
Debt restructuring: Ukrainian peculiarities
Practice Area: Corporate Financing
Sector: Commercial and Retail Banking
Jurisdiction: Ukraine
Published: 27 April 2010
Law Firm: Schoenherr
Overview
The current financial conditions have altered the plans of many Ukrainian businesses. Now, when ambitions for rapid economic growth and high revenues are suspended, Ukrainian borrowers and lenders should prepare themselves for a complex but important time of outstanding debt restructuring. Failure to agree on new terms of debt repayment could trigger unfortunate outcomes
for all parties involved.
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