On 25 October 2024, new rules for the registration of inventions and utility models in Ukraine ("Rules") came into force. Pursuant to Order of the Ministry of Economy of Ukraine No. 23301 dated 9 September 2024, the Rules set out the requirements for the drafting, filing and examining of an invention and utility model applications.
Baker McKenzie and Esin Attorney Partnership Advises DFDS on Acquisition of Ekol Transport
Baker McKenzie and its Turkish affiliate Esin Attorney Partnership advised DFDS on its acquisition of Ekol Transport and the international transport network connecting Turkiye and Europe from Ekol Logistics and individual sellers led by founder Ahmet Musul. Caliskan Okkan Toker reportedly advised the sellers.
Nechala and Partners Advises on Sale of Easys to BizLink Group
Nechala and Partners has advised Heimo Wallisch on the sale of Easys to BizLink Group. Baker McKenzie reportedly advised BizLink.
Deloitte Legal and Baker McKenzie Advise on Sale of NTFY to MCI Capital
Deloitte Legal has advised Bank Pekao on financing to an MCI Capital portfolio company for the acquisition of a 55% stake in NTFY - Nice To Fit You. Baker McKenzie advised the founders of Nice to Fit You Sebastian Rabiej and Radoslaw Jezak. Dubinski Jelenski Masiarz i Wspolnicy reportedly advised MCI Capital.
Greenberg Traurig and Baker McKenzie Advise on Sale of Elektromontaz-Poznan to Spie Group
Greenberg Traurig has advised two shareholders of Elektromontaz-Poznan – Pawel Gricuk and Artur Cakala – on the sale of their shares to Spie Group. Baker McKenzie advised Spie Group.
Baker McKenzie, GKC Partners, and White & Case Advise on Zorlu Enerji's USD 800 Million Sustainability-Linked Notes Issuance
Baker McKenzie has advised Emirates NBD Bank, Goldman Sachs International, HSBC Bank J.P. Morgan Securities, and Merrill Lynch International as joint bookrunners on Zorlu Enerji's USD 800 million debut Rule 144A/Reg S senior guaranteed sustainability-linked notes issuance. White & Case and its Turkish affiliate GKC Partners advised Zorly Enerji.
SSW Advises Zabka Minority Shareholders on Public Offering
SSW, working with K&L Gates Volckrick Luxembourg, has advised a group of minority shareholders of Zabka Group on issues related to the public offering of Zabka. Reportedly, Greenberg Traurig, Freshfields Bruckhaus Deringer, and Elvinger Hoss Prussen advised the shareholders of Zabka as well. Baker McKenzie and Allen Overy Shearman Sterling reportedly advised the managers.
Katerina Schenkova Moves In-House as Regional Compliance Officer at Thyssenkrupp
Former Baker McKenzie Senior Associate Katerina Schenkova has joined Thyssenkrupp as its new Regional Compliance Officer.
Greenberg Traurig Advises Nrep on Land Plot Acquisition and Development Agreement with White Stone Development
Greenberg Traurig has advised Nrep on the acquisition of a plot of land in the Bielany district of Warsaw and a development agreement with White Stone Development for the construction of a building. Baker McKenzie reportedly advised White Stone Development.
Baker McKenzie Advises MHP on Acquisition of KTL Ukraine Group
Baker McKenzie has advised MHP on its acquisition of KTL Ukraine Group from Ihor Khokhlov, Andriy Kuzmin, and Serhii Kocherhin.
Baker McKenzie Advises Bank Pekao on EUR 500 Million Eurobonds Issuance
Baker McKenzie has advised Bank Pekao on the issuance of EUR 500 million 4.00% senior non-preferred Eurobonds due 2030 under its EMTN program established in November 2023. Clifford Chance reportedly advised JP Morgan on the deal.
New Termination Ground and Requirements for Internal Labor Regulations (Employee Handbook)
On 27 September 2024, the Law of Ukraine "On Amendments to the Labor Code of Ukraine on Establishing Additional Grounds for Termination of Employment Agreements at the Initiative of the Employer and Certain Other Issues" No. 3768-IX dated 4 June 2024 ("Law") (with certain exceptions) will come into force.
Hungary: Mid-Year Review of Significant Life Sciences Legal Developments
For the pharmaceutical industry in the Hungarian market, the first half of 2024 involved several legislative changes with significant practical implications. Some of these changes have yet to unfold their full impact, due to the lack of implementing regulations and prerequisite authority actions.
GKC Partners and Esin Attorney Partnership Advise on Zurich Insurance's Acquisition of NN Hayat ve Emeklilik
White & Case’s Turkish affiliate GKC Partners has advised Zurich Insurance on its acquisition of NN Hayat ve Emeklilik. Baker McKenzie's Turkish affiliate Esin Attorney Partnership advised the sellers.
CMB Clarifies Legal Status of NFTs, Liquidity Providers and P2P Crypto Transactions
With its resolution numbered i-SPK.35.B.1 (dated 19 September 2024 and numbered 1484) (the “Resolution“), the Capital Markets Board (the “CMB“) clarified the legal status of non-fungible tokens (“NFTs“) and crypto assets used in virtual games.
White & Case, GKC Partners, Baker McKenzie, and Esin Attorney Partnership Advise on Pegasus Airlines' USD 500 Million Eurobond Issuance
White & Case and its Turkish affiliate GKC Partners have advised Pegasus Airlines on its USD 500 million Eurobond issuance with Citigroup Group Markets Limited and Morgan Stanley & Co International as the joint global coordinators and joint bookrunners and J.P. Morgan Securities, HSBC Bank, SMBC Nikko Capital Markets Limited, and BCP Securities as the joint bookrunners. Baker McKenzie and its Turkish affiliate Esin Attorney Partnership advised the joint global coordinators and joint bookrunners.
Baker McKenzie Advises Uniwater on Acquisition of 4 Pipes
Baker McKenzie has advised Uniwater on its acquisition of 4 Pipes. Fries Rechtsanwaelte reportedly advised the sellers.
Eversheds Sutherland Advises Edwards Lifesciences in USD 4.2 Billion Sale of its Critical Care Product Group
Eversheds Sutherland has advised Edwards Lifesciences on the USD 4.2 billion sale of its Critical Care product group to Becton, Dickinson, and Company. Baker McKenzie reportedly advised Becton, Dickinson, and Company.