PRAGNUM HELPED A CLIENT RECOVER INVESTMENTS WORTH OVER $23 MILLION

Investments are always about trust. But when circumstances change, even the most stable agreements can be threatened. This is exactly what happened to our client, who invested over $23 million in the Ukrainian economy. These funds were used to build a modern office center in Kyiv and a recreation complex near the capital — large-scale projects that became a symbol of the investor's faith in Ukraine's development.

Initially, the debtor fulfilled its obligations, but in 2021, payments began to decline and eventually stopped altogether. Additional difficulties were created by currency restrictions imposed by the National Bank of Ukraine in 2022, as well as unregistered changes to investment agreements, which led banks to refuse to process payments.

After a careful analysis of the situation, the PRAGNUM team, together with the client, determined the optimal strategy—using bankruptcy proceedings as a tool for asset recovery. Within a short period of time, the lawyers prepared the documents, structured the debt, and carried out all the necessary legal and procedural actions.

The result: all real estate was returned to the investor, despite the complexity of the case and currency regulation restrictions.

This case clearly demonstrates that even the most complex legal and economic conditions are not an obstacle if you work strategically. Proper analysis of legislative changes and a well-considered choice of legal mechanisms are the key to achieving the result that the client expects.

We recommend viewing bankruptcy proceedings not only as a “last resort” but also as an effective tool for protecting investments—even in cases where some of the contractual changes have not been registered with the NBU.