Jared Grubb - Clifford ChanceManaging partner 5 points
New Zealand-native Jared Grubb specializes in cross-border finance, including debt restructuring, syndicated lending, acquisitions and project finance.
Grubb joined Clifford Chance’s Kyiv office in 2009 after working in Moscow. Being a relative newcomer to the country, colleagues say the benefits from using his fresh outlook on Ukraine to benefit of clients.
Many of his Ukrainian lawyer colleagues and expat old-timers tend to be overly pessimistic about Ukraine’s chances of rapidly reforming itself into a modern business friendly economy. Yet, in Grubb’s view, the country’s chances of winning or losing its battle with corruption are more or less equal.
“Ukraine is at the crossroads,” Grubb says. “It can either become a country in which the rule of law matters and provides protection and an even playing field for its citizens and investors or into a country riddled with bureaucracy and corruption without any rule of law and in which criminals can flourish.”
Until that crossroads is passed, Grubb is very excited about the quality and complexity of legal work that Ukraine has to offer, especially in loan restructuring.
Grubb recently advised the lending side in a debt restructuring situation where the borrower was one of Ukraine’s largest and most influential business conglomerates. The transaction involved nine jurisdictions, over 80 different facilities and 60 lenders, making it one of the most complex restructuring deals on the market.
Yet, not being content just with doing his job, no matter how exciting it may be, Grubb also feels that changing things for better in the country is also to a large extent up to the lawyers.
“The main challenge is to fight to create a system where there is a level playing field, where there is a rule of law which people can fall back on with confidence that their legitimate rights will be protected and where they will be free from tyranny,” says Grubb.
The Kyiv Post is hosting comments to foster lively public debate through the Disqus system. Criticism is fine, but stick to the issues. Comments that include profanity or personal attacks will be removed from the site. The Kyiv Post will ban flagrant violators. If you think that a comment or commentator should be banned, please flag the offending material.
Web links to Kyiv Post material are allowed provided that they contain a URL hyperlink to the
www.kyivpost.com material and a maximum 500-character extract of the story. Otherwise, all materials
contained on this site are protected by copyright law and may not be reproduced without the prior
written permission of Public Media at firstname.lastname@example.org
All information of the Interfax-Ukraine news agency placed on this web site is designed for internal
use only. Its reproduction or distribution in any form is prohibited without a written permission of