ADVANQ successfully protects the interests of granite quarry owner and ensures a criminal proceeding is terminated

The proprietor of an enterprise engaged in the extraction and processing of granite in the Kyiv region became our client.

The Prosecutor’s office submitted information to the Unified Register of Pre-Trial Investigations about criminal offense on alleged illegal transfer of corporate rights to the company, which has our client for an ultimate beneficial owner.

According to Prosecutor's office, the corporate rights were seized and therefore could be transferred to third parties.

For months lawyers of ADVANQ have worked to gather evidence, and so the arguments of the
Prosecutor were proven unsubstantiated. On our motion, the criminal proceeding was terminated because of a lack of constituent elements of the offense. In addition, the seizure of corporate rights imposed by the investigating judge within the criminal proceeding was lifted.