Insolvency and Financial Restructuring

SERVICES AND INFORMATION

Insolvency and Financial Restructuring

Our Practice combines practical experience, deep doctrinal knowledge and broad understanding of economic processes. We help in complicated projects, providing full legal support and counselling in bankruptcy procedures and financial restructuring.

Full legal support in insolvency (bankruptcy) proceedings of companies and individuals
Representing interests in disputes relating to debtor’s agreements
Court representation in the course of bringing to liability of directors and shareholders of the debtor
Representing during the approval of financial recovery plans and liquidation estate by the state bodies
Legal support and counseling at the stage of sale of the liquidation estate
Development and implementation of financial restructuring plans
Provision of services of insolvency receivers

OUR CLIENTS

Today we are working on projects for more than 400 active clients

About us

Reputable legal advisor

Founded in 1997, Ilyashev & Partners is one of the most prominent law firms in the Eastern European region. With offices in Kyiv, Dnipro, Kharkiv and Odesa, Ilyashev & Partners employs more than 120 people. The firm has been recognized by the most prestigious legal market research guides, according to which it occupies a leading position in Ukraine.

27
years in the market
40+
attorneys and lawyers
400+
clients regularly serviced
1000+
court hearings annually

Reliability

We provide assistance by:

Helping at any stage of the project.
Discussing the task with you, analyzing all prospects and risks.
Thorough studying of the problem, taking into account the special aspects of your business activities.
Developing a strategy, suggesting solutions and action plan.

“The success of our firm results from the professionalism and expertise of our team”
Roman Marchenko, Senior Partner

Team

Leading experts

Andrii M. Konoplia
Attorney at Law, Counsel, Insolvency Receiver, Co-Head of Dispute Resolution Practice, Co-Head of Insolvency and Financial Restructuring

One of the most experienced insolvency receivers in Ukraine, who has been handling bankruptcy proceedings and major loan disputes for over 25 years.
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Vadym A. Kizlenko
Attorney at Law, Counsel, Insolvency Receiver, Co-Head of Insolvency and Financial Restructuring

Leading professional with an extensive experience in conducting bankruptcy proceedings at various stages, as well as protecting clients’ interests in complex and resonant cases.
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Alina M. Borovets
Attorney at Law

Provides dispute resolution services in all aspects of corporate law.
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Andriy B. Lytvyn
Attorney at Law, Insolvency Receiver, Head of Kharkiv Office

Expert in dispute resolution in general, economic, and administrative courts, bankruptcy cases, tax, and shareholders disputes, appeals against public procurement procedures.
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Oleksandr V. Kamsha
Attorney at Law, Insolvency Receiver, Head of Dnipro Office

Experienced Dnipro-based attorney with 13-years of finance and banking litigation practice.
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All lawyers

TRUST IN THE COMPANY

Our cases

Advising Ukrainian Red Cross Society on the legal regulation of the Mobile Health Units Program
Result
Development of the legal mechanism of work, step-by-step instructions and accompanying legal documents for implementing the Mobile Health Units Program, including the method of involving medical personnel in the provision of medical assistance; the method of medicines procurement and the scheme of their transfer; patient data collection, storage and processing.

Alla S. Tsymanovska
Attorney at Law
The first in Ukraine release of a vessel against the British P&I Club’s undertaking
Result
The precedent in the Ukrainian law enforcement practice was established in the interests of CHALLENGE SHIPPING LTD, the owner of the bulk carrier New Challenge, detained at the Port of Mykolaiv in connection with an incident taking place during cargo operations. The team of Odesa Office of Ilyashev & Partners has secured the acceptance by the State Ecological Inspection of Ukraine of the P&I club’s letter of undertaking as a sufficient and only security in respect of the maritime claim.

Sergey M. Nedelko
Attorney at Law, Counsel, Head of Odesa Office
Lifting the unlawful financial burden imposed on green energy companies
- #Energy & Natural Resources
Result
As a result of a two-year legal dispute were recognized as unlawful and invalid the amendments to the formula approved by the National Commission for State Regulation in the Spheres of Energy and Utilities, which obliged electricity producers under the “green” tariff to compensate SE Guaranteed Buyer for losses incurred due to its inability to sell the electricity purchased from them.

Mikhail I. Ilyashev
Attorney at Law, Managing Partner, Honored Lawyer of Ukraine
Introduction of provisional anti-dumping duty on imports of glass containers from Belarus
- #International Trade
Result
A provisional anti-dumping duty of 31.37% was applied to glass containers for food and beverages originating in the Republic of Belarus based on the interim results of the anti-dumping investigation. This decision on application of provisional duty on imports of goods to Ukraine was the first decision adopted by the Interdepartmental Commission on International Trade after 24 February 2022.

Olena L. Omelchenko
Attorney at Law, Partner, Head of International Trade Practice

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OUR AWARDS

Our reliability is confirmed

IFLR1000 2024 Recommended in Insolvency and Financial Restructuring for Ukraine
Chambers Europe 2022 Leading Firm in Restructuring / Insolvency for Ukraine
50 Leading Law Firms of Ukraine 2025. Recognition Rating Top-5 in Insolvency for Ukraine
Market Leaders: Ranking of Law Firms of Ukraine 2024 Top position in Insolvency and Debt Restructuring for Ukraine
Ukrainian Law Firms 2023-2024. A Handbook for Foreign Clients Leading Firm in Bankruptcy for Ukraine
Advocate of the Year 2023 Leading Firm in Insolvency for Ukraine
Liga Zakon Awards 2020 Law Firm of the Year in Insolvency and Restructuring for Ukraine
Legal Awards 2016 Law Firm of the Year in Bankruptcy for Ukraine