NEWS (December 21, 2017)

Dentons represented BIIR in connection to property raid in Odesa

Dentons  represented Bojer Innovativ Ingeniør Rådgivning (BIIR), a leading engineering consulting company in Aarhus, Denmark, in connection with the raid of the client’s property in Odessa, Ukraine. BIIR is a foreign investor, which currently employs more than 100 professionals in Odessa and aims to grow to 500 within the next few years.

In spring 2017, BIIR acquired a property in Odessa for USD 400,000 for the construction of a new office. In summer 2017, the building was seized as a result of a claim by the former owners.

The former owners, who had not paid the mortgage for six-and-a-half years and ignored a foreclosure notice three months earlier, claimed that they had been fraudulently dispossessed of the building and launched a court case against BIIR. As a result of the lawsuit, there was a court ruling depriving BIIR of its ownership right for the property without any compensation.

The Dentons team is led by partner Adam Mycyk and senior associate Maksym Sysoiev in Kyiv.

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