On June 19, 2020, the leader of real estate and construction practice of Salkom Law Firm Tymofii Sykorskiy took part in the first meeting of the Temporary Special Commission of the Verkhovna Rada on Protection of Investors' Rights.
During the meeting, which took place in the format of a round table in the Kyiv International Convention Center “Parkovy” legislative initiatives on Combating Raiding in Ukraine were discussed.
In particular, the proposals of the “Business Varta” Public Organization and the Ukrainian Institute of the Future on strengthening the responsibility for crimes in the field of economic activity, changes to legislation of counteraction to raiding, developed by the Ministry of Justice of Ukraine and proposals of Notary community and American Chamber of Commerce in Ukraine were discussed.
The Temporary Special Commission of the Verkhovna Rada on Protection of Investors' Rights was established by the Verkhovna Rada on June 5, 2020 with a term of one year. During the first six months a report on the results of the Commission's work will be prepared and heard by Parliament.
The leader of real estate and construction practice of Salkom Law Firm Tymofii Sykorskiy has analyzed the legal possibilities of state responsibility in connection with unsolved raider crimes.
Less than a month ago, a Temporary Special Commission of the Verkhovna Rada of Ukraine on Investor Protection was established. The first meeting of this body was devoted to contracting of raiding.
As a result of contracting of raiding, businesses often regain their rights in the courts. At the same time, it is often impossible to identify the customers and organizers of these crimes due to the inaction of the investigative bodies. But can business then demand recovery from the state?
Allegedly, the final answer to this question was provided in the Resolution of the Grand Chamber of the Supreme Court of September 3, 2019 in case №916/ 1423/17 (the answer is – no it can’t).
However, everything is not so obvious? It turns out that with proper preparation and with a well-chosen method of protection, this is a completely feasible task.
For more details read in Tymofii Sykorskiy column here.