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CMS has advised energy company Iberdrola on the sale of Eolica Dobrogea One – an 80-megawatt wind energy production facility – to Premier Energy Group, for EUR 88 million.

E+H has advised PAI Partners on the acquisition of VAMED Group's rehabilitation business from Fresenius. Schoenherr, working with Latham & Watkins, advised the sellers. Reportedly, Willkie Farr & Gallagher, Novacos, Baer & Karrer, KNPZ Rechtsanwaelte, and Havel & Partners advised on the deal as well.

Glatzova & Co has helped Pale Fire Capital obtain a license from the Czech National Bank for an investment company authorized to exceed the so-called "decisive limit."

Schoenherr has advised Bank Pekao and Santander Bank Polska on PLN 300 million financing to Eneris Group.

Norton Rose Fulbright has advised Bank Polska Kasa Opieki on the refinancing of the financial indebtedness of two Windflower wind farms and the increase of financing of three other farms. Clifford Chance advised the borrower.

BDK Advokati has advised Turkish Net Holding subsidiary Net Montenegro on a casino concession agreement with the Government of Montenegro.

DLA Piper has advised Brand24 and its shareholders (including Laeq, Unfold.vc, and Michal Sadowski and Piotr Wierzejewski funds) on the sale of a 57.6% stake to Semrush.

ODI Law has advised German Katera Beteiligungs-Verwaltungsgesellschaft P11 mbH on its acquisition of an 87,58% shareholding in Nama from Zavarovalnica Triglav and Generali. Senica & Partners advised Zavarovalnica Triglav on the deal.

PwC Legal has advised Orlen Unipetrol Group on Orlen Projekt's acquisition of design and engineering activities from Brno-based UNIS and UNIS Power. Forlex advised the seller.

Schoenherr has advised the owners of ITgma on the sale of a majority ownership stake to Modirum.

Savoric & Partners has advised Jadran Hoteli on a partnership agreement with Marriott International under its Tribute Portfolio.

CMS, working with Harneys Cyprus, has advised the European Bank for Reconstruction and Development on a EUR 22 million loan to the Cyprus-based Farmak Group and Ukraine's JSC Farmak for the acquisition of Poland's Symphar and the upgrade of JSC Farmak's IT systems.

Felix Prechtl – the former S IMMO Head of the Corporate Office & Capital Markets – has returned to private practice by joining Doralt Seist Csoklich in Vienna as an Attorney at Law.

Former Domanski Zakrzewski Palinka Partner Rafal Hajduk has moved in-house, joining R.Power Renewables as the company's Chief Commercial Officer.

Havel & Partners has announced it opened an office in Frankfurt am Main on May 1, 2024. The new German office will be managed by former Squire Patton Boggs Partner Philip Smitka.

DLA Piper has promoted Ekaterina Larens to Partner in Austria, effective May 1, 2024.

Former Schoenherr Local Partner Gergely Szaloki has joined Wolf Theiss to co-lead the firm's Banking & Finance in Budapest. 

Turunc's Yasemin Erden – a Partner at the firm for the past two years – has moved to an Of Counsel position within the Istanbul-based outfit. 

LSW Bienkowski, Laskowski, Lesnodorski, Melzacki and Partners has announced it hired eight new partners – Filip Badziak, George Havaris, Marcin Huczkowski, Piotr Leonarski, Krzysztof Marzynski, Adam Piwakowski, Aleksandra Polak, and Piotr Szelenbaum – all coming from B2RLaw, alongside a group of associates, administration, and marketing support.

Lakatos, Koves and Partners has announced Richard Lock is stepping up to become Senior Partner while former Senior Partner Peter Koves becomes Partner Emeritus and Honorary Senior Partner.

Clyde & Co has recently announced that Michal Kalicki, formerly of WKB Lawyers, joined its Warsaw office as a Counsel and the Head of the Banking and Finance team.

Tihana Posavec Vlasic and Marko Mecar have teamed up to launch the Posavec Vlasic & Mecar Joint Law Office in Zagreb.

CMS has appointed Tomas Matejovsky as the new Managing Partner of CMS Prague and Juraj Fuska as the new Managing Partner of CMS (CMNO) in Bratislava, effective May 1, 2024.

Clifford Chance has appointed Milos Felgr as its new Managing Partner of its Prague office, effective May 1.

The requirements for the Whistleblowing Officer’s (WO) role are covered by various guidelines that have been published by the Slovak Office for Protection of Whistleblowers over the past several months. The multitude of information sources now requires clarification, as the role of the WO leading internal investigations of reports is becoming increasingly prominent. 

Historically and statistically, most joint ventures and business combinations have short and difficult lives. Lawyers can assist with preparation and negotiation of best of class, workable and practical corporate and legal structures and agreements. But only the parties, the would-be partners, can make the combined business work and succeed.

The first comprehensive Slovak foreign direct investment (FDI) screening regime entered into force on 1 March 2023. Now that the first year of this new FDI regime is behind us, below we summarise the key takeaways based on our practical experience with this law.

In December 2023, The New York Times (“NYT”) filed a lawsuit against Microsoft and OpenAI for alleged copyright infringement and misuse of intellectual property, all related to the popular AI chatbot ChatGPT.

“Water resilience” is joining AI, competitiveness and sovereignty, as a new buzzword in Brussels’ policy-making conversations. But while the latter three concepts are rather intangible, water resilience is a more concrete concept, and is also a life-threatening problem.

It has been a long time coming and is among the most requested changes in criminal procedure law. Finally, on 24 April 2024, the Austrian government presented a draft bill aimed at increasing the contribution to legal costs for suspects acquitted in criminal proceedings. While it is a giant step forward, serious doubts remain about whether it goes far enough.

In the realm of modern politics, where every move is meticulously calculated and every tactic scrutinized, the strategic employment of intellectual property (IP) has emerged as a potent tool for political parties. From catchy slogans to iconic logos, intellectual property has become integral to shaping public perception and garnering support during election seasons. However, the fine line between legitimate use and exploitation of IP often blurs, raising ethical and legal questions about the (ab)use of intellectual property by political entities.

On January 1, 2024, the amendments to the Law on Fees for the Use of Public Goods, published in the Official Gazette of RS No. 92/2023 (“the Law”), came into effect.

This Top 10 Corporate Law Judgments 2023 summary provides a clear and concise overview of key Supreme Court decisions in corporate law for 2023.

As of 1 April 2024, the decree of the Hungarian National Bank on the processing of payment transactions has been amended, which particularly affects the process of immediate transfers.

We continue to deal with court decisions that creatively interpret the provisions of the Labor Law concerning the termination of employment contracts, thereby introducing significant legal uncertainty in practice.

In the ever-evolving landscape of legal technology, two notable players, SauLM-7B, and Harvey AI, have emerged with the aim of revolutionizing legal assistance through artificial intelligence. SauLM-7B and Harvey AI compete for prominence in the legal tech arena, their names both carrying a subtle nod to the realm of popular TV series – from Saul Goodman's legal antics in Breaking Bad and Better Call Saul to Harvey Specter's suave maneuvers in Suits.

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Austria’s real estate business currently faces multifaceted challenges following the unexpected rise of interest rates and inflation in 2022, according to Knoetzl Partner Bettina Knoetzl, with “the SIGNA Holdings insolvency sending shockwaves throughout the industry and the country.”

Jalsovszky's Dispute Resolution practice in Hungary is going from strength to strength according to Partner Tamas Feher, who points to long cases, significant wins, fiscal changes, budgetary pressures, and the economy's slowdown as the ultimate reasons behind their litigators staying busy.

In The Inside Track, General Counsels across CEE share the nuances of their roles, challenges, and strategies for success. Since now is the time when plans for next year are made (and budgeted for) this time we asked GCs: Is your in-house legal function’s budget increasing, decreasing, or remaining the same in 2024?

On November 23, CEE Legal Matters reported that Cobalt had advised BaltCap Latvia Venture Capital Fund and funds managed by Imprimatur Capital, together with other shareholders, on the sale of Blue Bridge Technologies to Everfield. CEE In-House Matters spoke with Henning Schreiber, Head of Acquisitions at Everfield, to learn more about the acquisition.