Olexandr Kyrychenko joined IMD from one of Manchester’s largest law firms in June 2016 and was quickly promoted Partner in August 2017. As well as overseeing the work of the members of the team, Olexandr advises on complex matters often involving cross-border elements, whilst providing exceptional personal service to the firm’s clients.
Olexandr has always maintained a strong legal practice advising on an extensive range of transactions as well as other regional and international corporate and commercial matters, offering up commercial perspective and extensive expertise.
Olexandr’s highlights include:
• Advising a major European manufacturer on acquisition of a UK competitor consisting of a number of manufacturing plants, including collaboration with the Competition and Markets Authority;
• Advising a European furniture manufacturer on acquisition of share capital in and financing of a UK retail chain;
• Advising a major European automotive manufacturer or a large-scale manufacturing and distribution joint venture being established in the UK and the Commonwealth;
• Advising the shareholders of a fast-growing family-run waste recycling provider on sale and a merger of their business with a large competitor;
• Advising the shareholders of a national radio broadcaster on sale of their business and exit strategy;
• Advising a sports entertainment provider in a joint venture with a European sports entertainment heavyweight;
• Advising and negotiating construction contracts including a multi-dwelling contract with a value of £25million and an international project involving over 80 contractors from across the globe;
• Advising on issuance, enforceability and restructuring of bonds and corporate loans, including, in an expert capacity, advising an overseas insolvency practitioner and court on a matter with a value of circa £150milliion;
• Advising and drafting various facility agreements and guarantees, including having regularly advised one of Europe’s largest banks validity and construction of guarantees and on-demand bonds as well as the underlying facility agreements concerning substantial corporate loans;
• Advising companies on corporate restructuring needs including cross-border mergers and project management on an international scale whilst working with legal advisors in other jurisdictions;
• Advising and representing directors in malfeasance claims, including successfully dismissing creditor claims running to £tens of millions brought under s.212 and s.423 IA 1986 against directors of a company in liquidation;
• Advising and representing clients in the gaming industry including a dispute with the Gambling Commission by a gaming machine manufacturer seeking a declaration from the court;
Olexandr also possesses an acute knowledge of the law of contract, having advised banks and law firms (in other jurisdictions) on wide variety of contractual matters. Olexandr has been regularly approached by our clients from the UK and the Europe to undertake their contract work.
At IMD Corporate our mission is to help international businesses to succeed in the UK.
Here are examples of cases that we have dealt with for our Clients:
Advised an internet services company (listed in FT1000 as one of the fastest growing companies in Europe) on $36m sale of assets to a UK company listed on AIM market of the London Stock Exchange and on English law aspects of the transaction.
Advising a Poland headquartered large company with subsidiaries across CEE on circa. £9m acquisition of a UK company to facilitate their entrance onto the UK market. Complex transaction involving a carve out of an existing business and CMA involvement. The seller is represented by Allen & Overy (limited details provided, as transaction is ongoing).
We provided advice to an insolvency practitioner in Cyprus who is an appointed liquidator of a Cypriot company. We advised on the terms and enforceability of a promissory note/on demand bond presented in liquidation, with a value of circa £175m, which involved various transactions. In addition, we advised on a complex debt with a value of circa £116m which involved a complex network of companies based in various jurisdictions. The advice is ongoing pending further developments in the case.
Our client (a leading energy supplier) entered into a contract to purchase raw materials (coal) from a South African supplier, with the contract being worth circa €15m. Post our client entering into the contract, we advised our client as to its rights and obligations under the contract, together with its rights to exit the contract and seek liquidated and unliquidated damages from the supplier on its exit.
Our client, a leading European logistics company entered into a maritime shipping contract with Maersk as the counterparty, with the value of the contract being circa $6m for a 6-month duration. Post our client entering into the contract, we advised our client as to its rights and obligations under the contract together with providing comprehensive advice on its exit options/strategy and risks associated with this, together with commercial (looking at the market generally) viability of both, the contract and its termination.
We represented a major CIS automotive manufacturer in a joint venture with a UK company, for supply of electrically powered public transport vehicles in the UK and the commonwealth. In the process of our instructions, we extensively negotiated the joint venture and distribution agreement between the parties.
We provided advice to the client (UK company) on procedure of issuance of notes/bonds to the value of €50m which included review of their proposed bond documents. The advice was prepared for the payment agent, a Swiss Bank, as this was a private bond issuance to take place in Switzerland.
We provided advice to a Legal 500 law firm from Ukraine who required our services as part of the project they were undertaking for their end client. Our remit was advice on various aspects of a tripartite payment facilitation agreement as well as revising/drafting terms of a provider of IBANs and payment cards, including considering the regulatory aspect of the service being provided by the end client.
Our client, a hotels owner and developer, entered into two franchise agreements with the InterContinental Hotels Group (IHG), FTSE 100 listed company, which placed various obligations on our client including construction of the said hotels. Both franchise agreements were very long term, being circa 20 years. Post our client entering into the franchise agreements we provided comprehensive advice to our client on an exit strategy from the franchise agreements, which included considering whether the contracts (or any of them) were frustrated.