On September 4, 2009 round table discussion was held in Yalta. It was dedicated to the following topic: “The Law of Ukraine “On Joint Stock Companies”: major novels”. Its organizers were the Commercial Law Center jointly with the Territorial Department of the State Commission on Securities and Stock Market in the Autonomous Republic of the Crimea and Sevastopol.

In her introduction speech the Commercial Law Center Director Valentyna Danishevska emphasized the urgency and actuality of the reforms in the area of regulating corporate relations.  Mr. Mykola Burmaka, member of the State Commission on Securities and Stock Market spoke about the state priorities in implementation of the Law of Ukraine “On Joint Stock Companies”, aimed at ensuring positive development of corporate relations and ownership relations in Ukraine. Heads of territorial departments focussed their attention on regional peculiarities of securities market and specifics of the Crimean corporate sector.

Over 80 persons participated in the round table discussion, including lawyers, heads of joint stock companies and representatives of securities market. They took advantage of the opportunity to communicate their ideas to the Law developers, namely: Olena Shcherbyna and Maxim Libanov and clarify certain problems, which may arise in the process of this Law provisions application.

Great interest of this event participants and their desire to discuss the provisions of this Law in details prompted CLC and the State Commission on Securities and Stock Market to agree to hold similar events in Odessa and Lviv.