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Fri, May
30 New Articles

Former Reff & Associates Senior Managing Associate Andreea Serban has joined Stratulat Albulescu as a Partner in the firm's Financial Services and Mergers & Acquisitions departments.

In 2022, the Parliament of Ukraine passed legislation introducing an alternative method for recording and holding shares in limited liability companies (LLCs) and additional liability companies (ALCs). This development allows LLC and ALC shareholders (participants) to transfer recording of their shares from the State Register of Legal Entities, Private Entrepreneurs and Civic Associations (“State Register“) to the PJSC “National Depository of Ukraine” acting as the Central Securities Depository (“CSD“). This shift promises enhanced transparency, security and efficiency in share ownership, marking a new chapter for businesses and investors alike.

Turunc has advised Netcad on its pre-IPO funding round with Hedef Portfoy, Findoor Girisim Sermayesi Yatirım Fonu, Ral Girisim Sermayesi Yatirim Ortakligi, and two Neo Portfoy funds participating. Atar Avci reportedly advised Hedef Portfoy.

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