Hillmont Partners secured compensation for a foreign investor for property damage caused by the unlawful actions of a Ukrainian licensed asset manager

Hillmont Partners has successfully defended the interests of a reputable UK investor in complex criminal proceedings in Ukraine.

The firm’s client had invested millions of dollars into a large commercial real estate development through a licensed Ukrainian asset manager. However, the asset manager failed to invest funds into  construction works and sold the property to a third party for a fraction of its market value.

Hillmont Partners’ lawyers initiated criminal proceedings on the fact of embezzlement of funds of a non-resident investor by officials of the asset management company. With Hillmont’s legal assistance a number of investigative and procedural actions have been carried out and significant evidence of wrongdoing was uncovered. The above-mentioned actions resulted in securing compensation of  more than USD 10 million for the client.

Counsel Oleksii Miagkyi and Serhii Kryzhov, Junior Associate Anatolyi Voronkin led by Co-Managing Partner James Hart represented the client’s interests in this complex case.

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