The Yuridicheskaya Practika [Legal Practice] (no. 31-32) published a commentary by Yurii Dzera, a partner with the Salkom Law Firm, and Victoria Klymyuk, a senior associate, on changes in contracts ordered by a court

In particular, the article underlines that the grounds for changes and amendments to a contract should be expressly provided for by law or agreed by the parties to the contracts; otherwise, it will be deemed as interference in the freedom of commercial relationships by a court.

Furthermore, the authors have analysed the point in time when the obligations can be amended, and the starting point of the amendments ordered by a court, within the meaning of the ruling made by the Supreme Court of Ukraine in case no.  3-1233гс  on 29 March 2017

Read more

In particular, it was noted that parties engaged in commerce should take notice of the current status of their property rights and use efforts to discover possible violations in a timely manner to be able to enforce such rights and avail themselves of the judicial remedies.
The article reviews the forms of control over the activity of a company’s executive body, for instance, by establishing a supervisory board.