Asters successfully represented Saga Development in the Court of Appeal in a dispute concerning O₂ Residence
Asters, General Partner of the UBA, successfully represented Saga Development in a dispute regarding the termination of the right to use land plots where the O₂ Residence Residential Complex is under construction.
After reviewing the case, the Northern Commercial Court of Appeal overturned the decision of the court of first instance and closed the proceedings. This decision takes into account the rights and legitimate interests of apartment owners, which the court of first instance had ignored.
Asters team working on the case included Partners Oleg Boichuk and Andriy Pozhidayev, Counsels Viktoriya Demydenko, Oleg Samsonovych and Viktor Tarasenkov, and Associate Oleksii Sapura.
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SAGA Development is a Ukrainian investment and development company founded in 2016, focused on the development and implementation of projects that combine modern architecture, a comprehensive approach to the development of adjacent territories and public spaces, and the use of innovative construction and operation technologies. The company's total portfolio includes over 2 million square metres of real estate.
Asters is the largest full-service law firm in Ukraine with offices in Kyiv, Brussels, London, and Washington, D.C. The firm has access to over 125 jurisdictions through a well-developed network of partner law firms.