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Wardynski & Partners has advised ACP Partners on the sale of the LivinnX dormitory originally owned by the Golub Group to Xior Student Housing.

Bernitsas has advised Unity Holding Company on the acquisition of Entersoft. The firm also advised Unity Holding Company on obtaining the Phase 1 merger clearance for the acquisition from the Hellenic Competition Commission.

Gugushev & Partners has advised the founders of Flat Manager on the sale of the company to Renters. Hristov & Partners advised Renters.

Schoenherr has advised Siemens Energy on a joint venture agreement with Koncar for the production of transformer tanks. Mamic Peric Reberski Rimac advised Koncar.

AECO Law, working with Pedersoli Gattai, has advised Maticmind on its acquisition of Pagetel from General Dynamics. Paksoy and Freshfields Bruckhaus Deringer reportedly advised General Dynamics.

Dorda, working with Hamburg-based Goerg, has advised Onside Sports on its acquisition of SLFC.

Sayenko Kharenko has advised the European Fund for Southeast Europe on a EUR 10 million equivalent loan in UAH to Bank Lviv.

White & Case has advised PKO Bank Hipoteczny on its PLN 500 million issuance of mortgage-covered bonds due July 4, 2028, with Erste Group and PKO Bank Polski acting as joint bookrunners.

Binder Groesswang has advised NKMS Holding on the acquisition of Austrian and Czech subsidiaries of the German-based Gienanth Group. Baker McKenzie advised Gienanth Group.

Gessel has advised Cavatina Holding on a prospectus-based public offering of series P2024A bonds with a total value of PLN 25 million.

CMS, working with White & Case's London office, has advised Marlink on its acquisition of Diverto. Mamic Peric Reberski Rimac advised Diverto.

Vasil Kisil & Partners has successfully represented Rost Agro in a UAH 33 million tax dispute before the Court of Appeal.

Wojciech Olszewski has returned to CEE to become the Legal Director for CEE & Strategic Commercial Affairs EMEA at Align Technology, in Wroclaw.

Bogdan Ilea has joined Popescu & Asociatii as Partner and the firm's new Head of Regulatory, Government & Public Affairs practice.

E+H has promoted Arndt Blaschka to Partner.

Leaua Damcali Deaconu Paunescu has promoted former Managing Associate Andra Soare-Filatov to Partner.

Turkish Lawyer Ozge Ayoz has been appointed to Vice President of Legal for Central Europe, South East Europe and Eastern Europe Market Operations at Procter & Gamble in Geneva.

Former Rowan Legal Of Counsel Lucie Smrkovska has joined CTP as its new Group Director of Legal Leasing in the Czech Republic.

Eversheds Sutherland has elevated Annamaria Tothova, Jana Sapakova, and Petra Hager to Equity Partners of its Bratislava office.

Lakatos Koves and Partners has promoted former Counsel Peter Berethalmi to Partner in the firm’s Corporate and M&A group.

Viliam Mysicka has been appointed as the new Managing Partner of Kinstellar’s Bratislava office and Jan Juroska has taken over as the new Managing Partner of the firm’s Prague office.

Former Everberg Law Firm TMT & Data Protection head Natalia Nader has joined Just Law as a Partner.

DZP has promoted Beata Cieszynska, Anna Okla-Wozniak, Jaroslaw Przybylski, Krzysztof Stecyk, and Maciej Zajda to Partner.

Dunovska & Partners has promoted Vaclav Manek to Partner.

In a recent judgment, the German Federal Court of Justice (BGH) held that the claim "climate neutral" is ambiguous and often misleading unless the advertisement itself explains its specific meaning. This sets a trend for Austria, where courts have traditionally followed the standards set by the BGH in relation to environmental advertising when assessing such claims under unfair competition law. On an EU level, the restrictions regarding claims about greenhouse gas emissions are becoming even stricter, leaving advertisers with much to consider before making claims such as "climate neutral".

In a recent judicial case, the courts examined the legality of a termination notice delivered via postal service, where the core issue revolves around whether the employer fulfilled the legal requirement of notifying the employee of the termination of employment according to the Hungarian Labor Code.

Amidst the adoption of the Artificial Intelligence Act by the European Union Council, as the world’s first legislation setting a global standard for regulating artificial intelligence (“AI“), we are entering into the still unregulated territory of the relationship between patent law and AI.

To support the prevention of money laundering and terrorist financing, on 26 June 2024, the Hungarian National Bank issued two new regulations, incorporating changes in domestic legislation, guidelines of the European Banking Authority and lessons learned from supervisory experience.

Some segments of the real estate market are expected to improve slowly, while ESG considerations are becoming increasingly important, according to the DLA Piper Hungary Real Estate Intelligence Report 2024. These are the key trends shaping the Hungarian real estate market.

In this article, we address a common question in practice – under which conditions can an employer use video surveillance footage in disciplinary proceedings against an employee?

Czech Class Actions Act already effective: who are the subjects of class actions in the Czech Republic?

With effect from 11 July 2024, the National Bank of Ukraine (“NBU”) introduced a long-awaited exemption from the moratorium on foreign currency cross-border transfers (“Moratorium”). This exemption is expected to facilitate the repayment of Eurobonds by major Ukrainian corporate issuers, which had faced significant challenges in making payments under their Eurobonds since the beginning of the full-scale russian invasion of Ukraine on 24 February 2022.

To further safeguard Hungary’s natural values and resources, promote a greener economy, and enhance the circular economy, the Hungarian Government introduced the possibility of two-level proceedings in environmental authority cases starting from 1 July 2024. This measure aims to strengthen the protection of public health and the environment.

A summary of recent legislative developments in the fields of energy and natural resources in Ukraine.

In recent months, Bulgaria has undergone significant changes to its Anti-Money Laundering (AML) legislation intending to achieve the long-overdue complete transposition of the EU 2018/843 Directive into national law and meeting the higher standards set forth in the Financial Action Task Force’s (FATF) recommendations on Anti-Money Laundering/Countering the Financing of Terrorism (AML/CFT), especially following the country’s inclusion in FATF’s so-called “grey list” of jurisdictions under increased monitoring.  Naturally, these changes give rise to a number of new obligations for businesses to comply with. The purpose of this article is to provide an overview of the most significant changes.

Further to the December 2023 amendments to the Romanian regime for screening inbound direct investments (that we previously covered here), which formally included EU investors within the scope of screening, the Romanian Parliament has adopted a new law (the “New Law”) to further strengthen the approach towards EU investors.

RTPR has assisted Vectr Holdings, through its subsidiary Vectr Realty Holdings, in relation to the indirect acquisition of 100% stake in the company that owns The Landmark from funds managed by Revetas Capital and affiliates of Cerberus Capital Management.

RTPR has assisted Global Records and Stefan Lucian, the founder and CEO of the company, in the process of selling a 25% stake in the company to Believe, one of the world’s leading digital music companies and of setting up the terms of their strategic partnership.

The company transfer also successfully secures the future of SPORT 2000 in Austria.

Delighted to have contributed the chapters on Bulgaria in the latest edition of Chambers and Partners Corporate Governance Global Practice Guide 2024, alongside some of the leading international corporate law firms. Our partners Pavel Hristov and Dragomir Stefanov elaborate on key CG issues.

We are proud to announce that KCG Partners have advised Corvinus Zrt., the Hungarian state-owned investment fund in the strategic acquisition of majority interest of Budapest Liszt Ferenc International Airport.

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Turkiye’s economy is showing signs of a resurgence, according to Gen Temizer Partner Bulut Girgin who has observed increased optimism among international investors recently, despite high inflation, and who reports a booming IPO market indicating a positive trend that could lead to a major economic boom.

In our Looking In series, we talk to Partners from outside CEE who are keeping an eye on the region (and often pop up in our deal ticker) to learn how they perceive CEE markets and their evolution. For this issue, we sat down with Addleshaw Goddard Partners Markus Perkams from Frankfurt and Alex Hogarth from London.

After eight years with the MET Group, Legal Director Sandor Zorad reflects on the company’s path to international expansion.

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.