Expertise

 

FMCG

Being one of the largest consumption markets in Europe, Ukraine remains an attractive destination for FMCG companies. However, external factors, such as a shift in consumer preferences to on-line shopping, low consumer buying power due to the volatility of the national currency, political turmoil in the East, are turning bankruptcy into a common instrument to keep liquidity of FMCG companies or withdraw from the market.

Nobili advises FMCG companies relating to:

  • bankruptcy of partner companies (distributors, retailers and others), which influence the activities and sustainability of FMCG companies
  • dispute resolution
  • assessment of bankruptcy risks of FMCG companies
  • debtor-initiated bankruptcy proceedings
  • representing the creditors in bankruptcy proceedings of FMCG companies
  • representing FMCG companies in bankruptcy proceedings
  • representation in criminal proceedings on the alleged bankruptcy fraud
  • counteractions to fictitious bankruptcies

Projects

Client: a national food producer

Nobili represented the client during a tax audit as well as in an administrative procedure of challenging the notices of tax authorities. Nobili negotiated the application of a tax compromise procedure to the notices of tax authorities being challenged, which led to a settlement with the tax authorities.

Deal value: about USD 150,000

Client: Lincor – the operator of a grocery retail chain

Nobili represented the client (debtor) and acted as external counsel to the Insolvency Officer in bankruptcy proceedings. The group of creditors included Bank European, Factor Exim LLC, Converse Bank.

Deal value: USD 14 000 000

Client: a market leading French cosmetics brand

Nobili advised the client on tax and business structuring relating to an investment for the purposes of expanding a retail network in Ukraine.

Deal Value: EUR 2 500 000

Client: a distributor of measuring devices

Nobili represented the client on collecting outstanding debt under the supply contract. The legal position of the client was upheld by the courts of all levels, the amount of outstanding debt was recovered in favour of the client.

Deal value: about USD 80,000

Team