On 28 April 2020, the Law of Ukraine “On Preventing and Combating the Legalization (Laundering) of Proceeds of Crime, the Financing of Terrorism and the Financing of the Proliferation of Weapons of Mass Destruction” entered into force, which establishes new requirements and procedures for financial monitoring. In addition to changes that will affect only financial […]

It is hard to surprise the modern world with a new start-up, as the freedom of entrepreneurship is the core of modern economic development. So the appearance of court funding as a legal start-up in Burford’s Capital hasn’t been surprising. The essence of this start-up from Burford Capital is the financing of client’s court / […]

The number of new companies in the modern world is very large, as business activity grows every year. Newbies in business have the desire, but they often have neither a specific plan or strategy nor understanding how to build a business. And that’s why new startups are quickly closed. We will list some of the […]

Foreign economic contracts have become widespread because of globalized economy. One of the main points in the conclusion of such a contract is agreements on terms and forms of payment. This is the most important point, since the time from the moment of shipment to the moment of goods receiving can be long enough, and […]

Every new legal entity (company) must have its own name, as being unnamed the company cannot be separated from the thousands of other companies, it cannot open its own bank account, enter a contract, etc. In addition, the company name is a very important part of the business, because thanks to their names companies can […]

It is well known that the most amounts of private conflicts are frequently resolved by judicial bodies of different jurisdictions. Mandatory companions of the trial, among other things, are publicity, openness, and expensive court fees in major disputes. However, sometimes opponents in a dispute have no need to disclose all the details of a dispute […]

The number of fraudulent operations with payment cards over the past year amounted to 77.6 thousand cases. For comparison, in 2016 there were 95 thousand. The decrease in activity is described by the fact that banks tirelessly fight with technological methods of fraud, the most popular of which are skimming and cash trapping. Banks are […]

Outsourcing is one of the most demanded services in some business areas. At the same time it is one of the main sources of foreign trade revenue for some countries nowadays. Therefore, it is not surprising that this market is very competitive and each of the countries interested in increasing external revenues in its economy […]

The current legislation in Ukraine in the sphere of restoration of the debtor’s solvency and its recognition as bankrupt is already outdated, because the law regulating the procedure for such actions was adopted as far back as 1993. The principles of this process remain morally “outdated” and irrelevant for the modern state, which is moving […]

The law of succession is becoming important for developed countries every year – even average person assumes not a small amount of property, rights and obligations during the lifetime. On the other hand, in not developed countries, the biggest part of population isn`t able to gain a great amount of belongings so in this areas […]