diff --git a/js/js.dart-ast/src/com/google/dart/compiler/backend/js/ast/jsScopes.kt b/js/js.dart-ast/src/com/google/dart/compiler/backend/js/ast/jsScopes.kt
index 00b74a4a297..51d5b299a6b 100644
--- a/js/js.dart-ast/src/com/google/dart/compiler/backend/js/ast/jsScopes.kt
+++ b/js/js.dart-ast/src/com/google/dart/compiler/backend/js/ast/jsScopes.kt
@@ -49,14 +49,30 @@ public class JsFunctionScope(parent: JsScope, description: String) : JsScope(par
             topLabelScope?.findName(label)
 
     private inner class LabelScope(parent: LabelScope?, val ident: String) : JsScope(parent, "Label scope for $ident", null) {
-        val labelName = JsName(this@JsFunctionScope, parent?.getFreshIdent(ident) ?: ident)
+        val labelName: JsName
+
+        {
+            val freshIdent = when {
+                ident in RESERVED_WORDS -> getFreshIdent(ident)
+                parent != null -> parent.getFreshIdent(ident)
+                else -> ident
+            }
+
+            labelName = JsName(this@JsFunctionScope, freshIdent)
+        }
 
         override fun findOwnName(name: String): JsName? =
                 if (name == ident) labelName else null
 
+        /**
+         * Safe call is necessary, because hasOwnName can be called
+         * in constructor before labelName is initialized (see KT-4394)
+         */
+        [suppress("UNNECESSARY_SAFE_CALL")]
         override fun hasOwnName(name: String): Boolean =
-                name == ident
-                || name == labelName.getIdent()
+                name in RESERVED_WORDS
+                || name == ident
+                || name == labelName?.getIdent()
                 || getParent()?.hasOwnName(name) ?: false
     }
 
diff --git a/js/js.translator/src/org/jetbrains/k2js/translate/expression/ExpressionVisitor.java b/js/js.translator/src/org/jetbrains/k2js/translate/expression/ExpressionVisitor.java
index 5c4f48d5a82..108ee21c886 100644
--- a/js/js.translator/src/org/jetbrains/k2js/translate/expression/ExpressionVisitor.java
+++ b/js/js.translator/src/org/jetbrains/k2js/translate/expression/ExpressionVisitor.java
@@ -364,7 +364,7 @@ public final class ExpressionVisitor extends TranslatorVisitor<JsNode> {
     private static String getReferencedName(JetSimpleNameExpression expression) {
         return expression.getReferencedName()
                 .replaceAll("^@", "")
-                .replaceAll("(?:^`(.*)`$)", "$1") + "$";
+                .replaceAll("(?:^`(.*)`$)", "$1");
     }
 
     private static JsNameRef getTargetLabel(JetExpressionWithLabel expression, TranslationContext context) {
diff --git a/js/js.translator/testData/labels/cases/labelWithVariableClashing.kt b/js/js.translator/testData/labels/cases/labelWithVariableClashing.kt
index 122d5f1bd13..8dfafe434cd 100644
--- a/js/js.translator/testData/labels/cases/labelWithVariableClashing.kt
+++ b/js/js.translator/testData/labels/cases/labelWithVariableClashing.kt
@@ -1,7 +1,7 @@
 package foo
 
-// CHECK_LABELS_COUNT: function=test1 name=loop$ count=1
-// CHECK_LABELS_COUNT: function=test2 name=loop$ count=1
+// CHECK_LABELS_COUNT: function=test1 name=loop count=1
+// CHECK_LABELS_COUNT: function=test2 name=loop count=1
 
 fun test1() {
     var `loop$` = 0
diff --git a/js/js.translator/testData/labels/cases/nestedLabels.kt b/js/js.translator/testData/labels/cases/nestedLabels.kt
index 70867078720..8076dff9e17 100644
--- a/js/js.translator/testData/labels/cases/nestedLabels.kt
+++ b/js/js.translator/testData/labels/cases/nestedLabels.kt
@@ -1,7 +1,7 @@
 package foo
 
-// CHECK_LABELS_COUNT: function=test name=loop$ count=1
-// CHECK_LABELS_COUNT: function=test name=loop$_0 count=1
+// CHECK_LABELS_COUNT: function=test name=loop count=1
+// CHECK_LABELS_COUNT: function=test name=loop_0 count=1
 
 fun test() {
     var i = 0
diff --git a/js/js.translator/testData/labels/cases/nestedLabelsInlinedClashing.kt b/js/js.translator/testData/labels/cases/nestedLabelsInlinedClashing.kt
index 97e3b81d181..448f337fe40 100644
--- a/js/js.translator/testData/labels/cases/nestedLabelsInlinedClashing.kt
+++ b/js/js.translator/testData/labels/cases/nestedLabelsInlinedClashing.kt
@@ -1,9 +1,9 @@
 package foo
 
 // CHECK_CONTAINS_NO_CALLS: test
-// CHECK_LABELS_COUNT: function=test name=loop$ count=1
-// CHECK_LABELS_COUNT: function=test name=loop$_0 count=1
-// CHECK_LABELS_COUNT: function=test name=loop$_1 count=1
+// CHECK_LABELS_COUNT: function=test name=loop count=1
+// CHECK_LABELS_COUNT: function=test name=loop_0 count=1
+// CHECK_LABELS_COUNT: function=test name=loop_1 count=1
 
 class State() {
     public var value: Int = 0
diff --git a/js/js.translator/testData/labels/cases/nestedLabelsInlinedClashingAtFunctionsWithClosure.kt b/js/js.translator/testData/labels/cases/nestedLabelsInlinedClashingAtFunctionsWithClosure.kt
index 1359f68e265..6a9241a1f99 100644
--- a/js/js.translator/testData/labels/cases/nestedLabelsInlinedClashingAtFunctionsWithClosure.kt
+++ b/js/js.translator/testData/labels/cases/nestedLabelsInlinedClashingAtFunctionsWithClosure.kt
@@ -1,8 +1,8 @@
 package foo
 
-// CHECK_LABELS_COUNT: function=test name=loop$ count=1
-// CHECK_LABELS_COUNT: function=test name=loop$_0 count=1
-// CHECK_LABELS_COUNT: function=test name=loop$_1 count=1
+// CHECK_LABELS_COUNT: function=test name=loop count=1
+// CHECK_LABELS_COUNT: function=test name=loop_0 count=1
+// CHECK_LABELS_COUNT: function=test name=loop_1 count=1
 
 class State() {
     public var value: Int = 0
diff --git a/js/js.translator/testData/labels/cases/siblingLabels.kt b/js/js.translator/testData/labels/cases/siblingLabels.kt
index ba9724b6bfe..e9464613db3 100644
--- a/js/js.translator/testData/labels/cases/siblingLabels.kt
+++ b/js/js.translator/testData/labels/cases/siblingLabels.kt
@@ -1,6 +1,6 @@
 package foo
 
-// CHECK_LABELS_COUNT: function=test name=loop$ count=2
+// CHECK_LABELS_COUNT: function=test name=loop count=2
 
 fun test() {
     var i = 0
diff --git a/js/js.translator/testData/labels/cases/siblingLabelsInlined.kt b/js/js.translator/testData/labels/cases/siblingLabelsInlined.kt
index 4094f05df36..e885f019062 100644
--- a/js/js.translator/testData/labels/cases/siblingLabelsInlined.kt
+++ b/js/js.translator/testData/labels/cases/siblingLabelsInlined.kt
@@ -1,7 +1,7 @@
 package foo
 
 // CHECK_NOT_CALLED: testInline
-// CHECK_LABELS_COUNT: function=testNoinline name=loop$ count=2
+// CHECK_LABELS_COUNT: function=testNoinline name=loop count=2
 
 inline fun testInline(): Int {
     var c = 0
diff --git a/js/js.translator/testData/labels/cases/siblingLabelsInlinedClashing.kt b/js/js.translator/testData/labels/cases/siblingLabelsInlinedClashing.kt
index fb1d3d155d4..92c2173a173 100644
--- a/js/js.translator/testData/labels/cases/siblingLabelsInlinedClashing.kt
+++ b/js/js.translator/testData/labels/cases/siblingLabelsInlinedClashing.kt
@@ -1,8 +1,8 @@
 package foo
 
 // CHECK_NOT_CALLED: testLabelInline
-// CHECK_LABELS_COUNT: function=testLabel name=loop$ count=1
-// CHECK_LABELS_COUNT: function=testLabel name=loop$_0 count=2
+// CHECK_LABELS_COUNT: function=testLabel name=loop count=1
+// CHECK_LABELS_COUNT: function=testLabel name=loop_0 count=2
 
 inline fun testLabelInline(): Int {
     var a = 0
diff --git a/js/js.translator/testData/labels/cases/simpleLabel.kt b/js/js.translator/testData/labels/cases/simpleLabel.kt
index 7d30876c8a9..3d589ba6ae8 100644
--- a/js/js.translator/testData/labels/cases/simpleLabel.kt
+++ b/js/js.translator/testData/labels/cases/simpleLabel.kt
@@ -1,7 +1,7 @@
 package foo
 
-// CHECK_LABELS_COUNT: function=testBreak name=loop$ count=1
-// CHECK_LABELS_COUNT: function=testContinue name=loop$ count=1
+// CHECK_LABELS_COUNT: function=testBreak name=loop count=1
+// CHECK_LABELS_COUNT: function=testContinue name=loop count=1
 
 fun testBreak() {
     var i = 0
diff --git a/js/js.translator/testData/labels/cases/simpleLabelInlined.kt b/js/js.translator/testData/labels/cases/simpleLabelInlined.kt
index a71188764d1..6b176d48452 100644
--- a/js/js.translator/testData/labels/cases/simpleLabelInlined.kt
+++ b/js/js.translator/testData/labels/cases/simpleLabelInlined.kt
@@ -2,8 +2,8 @@ package foo
 
 // CHECK_NOT_CALLED: testBreak
 // CHECK_NOT_CALLED: testContinue
-// CHECK_LABELS_COUNT: function=testBreakNoinline name=loop$ count=1
-// CHECK_LABELS_COUNT: function=testContinueNoinline name=loop$ count=1
+// CHECK_LABELS_COUNT: function=testBreakNoinline name=loop count=1
+// CHECK_LABELS_COUNT: function=testContinueNoinline name=loop count=1
 
 inline fun testBreak(): Int {
     var i = 0