Review of Draft Laws as of 23/12/2024 Draft Law No. 1234/5678 on Amendments to the Civil Code of Ukraine The draft law proposes introducing significant changes to the existing civil legislation, specifically addressing: 1. Modification of property rights regulations 2. Clarification of contractual obligations 3. Updating inheritance procedures 4. Enhancing legal protections for individual and corporate entities Key proposed amendments include: – Expanding definitions of intellectual property rights – Streamlining dispute resolution mechanisms – Introducing more precise terminology for digital asset transactions – Strengthening consumer protection provisions The draft law has been submitted to the Verkhovna Rada of Ukraine for preliminary review and potential subsequent reading and approval. Preliminary assessment indicates potential positive impacts on: – Legal certainty – Economic transparency – Protection of individual and corporate rights The draft is currently under review by the Parliamentary Committee on Legal Policy and Justice.