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20 December 2007

Asters announced changes in its partnership structure and management to be made on 1 January 2008


Igor Shevchenko, Co-founder and Managing Partner of the firm decided to relinquish legal practice and, as a result, to withdraw from the partnership and to focus entirely on the management of Forum of Young Ukrainian Leaders - a network of socially responsible individuals and organizations aimed at building Ukrainian society based on social values, which he founded in 2006.

Partner Rysbek Toktomushev also relinquishes legal practice and his work in the firm and moves to the position of the General Director of Investment Company Eurasia-Ukraine.

Three senior associates of the firm, Igor Svechkar, Iryna Pokanay, and Svitlana Poroschuk, have been elected partners. Consequently, with four equity partners, Oleksiy Didkovskiy, Oleksandr Padalka, Vadym Samoilenko, and Armen Khachaturyan, there will be seven partners in the firm in 2008. In connection with these changes the firm will be re-named in the beginning of 2008.

General governance of the firm is conducted by the partners' meeting, while operating management is vested with the management committee consisting of Managing Partner Oleksiy Didkovskiy and Senior Partner Armen Khachaturyan.

The firm's partners are confident that following these changes the firm will further strengthen its resources, speed up its growth and will remain a leader on the Ukrainian market of legal services, while confirming its stainless reputation and quality of services.

Please update your contacts as follows:

Oleksiy Didkovskiy
Managing Partner
Tel.: +380 (44) 230 6000
E-mail: oleksiy.didkovskiy@asterslaw.com

Armen Khachaturyan
Senior Partner
Tel.: +380 (44) 230 6000
E-mail: armen.khachaturyana@asterslaw.com


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