LIFTING OF ASSET SEIZURE IN CRIMINAL PROCEEDINGS: PRACTICAL GUIDANCE FOR BUSINESS

Seizure of assets — even when a business has no connection whatsoever to a criminal case?

Unfortunately, in the Ukrainian legal reality this is not an exception, but a fairly common practice.

Frozen bank accounts, blocked assets, inability to work with counterparties — for businesses, this is not merely a “procedural technicality,” but a source of direct financial and reputational losses.

– Why do courts fail to consider motions to lift asset seizures for years?
– Who is responsible for lifting a seizure after criminal proceedings are closed — the prosecutor or the court?
– How should a business act if its property is recognized as “physical evidence,” making such designation virtually impossible to challenge?

In a new analytical article, Vladyslav Zhabskyi, Co-Managing Partner at LBASE, examines three systemic problems related to the seizure of business assets in criminal proceedings, shares practical case studies, and provides specific recommendations that can and should be applied immediately.

If your business has ever faced — or may potentially face — asset seizure, this article is a must-read.

The link to the full text is available here.

07.01.2026