Squeeze-out of minority shareholders

Vasil Kisil & Partners acted for the majority shareholder and provided full legal support throughout the squeeze-out procedure. That covered elaborating the detailed action plan, communications with the bank on opening the escrow account, drafting all documents required by law, including an irrevocable public demand for buy-out of shares, etc. The lawyers have also advised the company on interaction with the National Securities and Stock Market Commission, Central Depository and other depository institutions, public enforcement officer and other entities involved in the procedure.