Olena Volyanska took part in the V Legal Banking Forum

06.02.19

Olena Volyanska, a Counsel of the LCF Law Group, took part in the V Legal Banking Forum, which took place on February 6, 2019 in Kyiv. The LCF Law Group traditionally supported the forum in the role of its partner.

In her speech, Olena commented on the influence of the Law of Ukraine “On Amending Certain Legislative Acts of Ukraine Regarding the Restoration of Lending” on the current practice of the Supreme Court in cases involving banks. The Counsel noted that “the provisions of the Law on the restoration of lending are not an absolute innovation, since a significant number of new norms are just a development of the progressive positions of the Supreme Court which were adopted during the proceedings of the banking disputes, using the principles of reasonableness and fairness. Nevertheless, the final and transitional provisions on the extension of the law to new and existing legal relationships are controversial and leave room for multiple interpretations”.