Latest News By Practice
Aside from Croatia entering the Euro and Schengen zones, there have been numerous other legislative updates of note – primarily in the spheres of labor and land rights – according to Miroslav Plascar, Co-Managing Partner of Zuric i Partneri in cooperation with Kinstellar.
Kocian Solc Balastik has advised J&T Agriculture and Ecology on its acquisition of 11 companies within Spearhead Czech and Spearhead Slovakia and the related acquisition financing by a banking group led by Komercni Banka. Clifford Chance advised the lenders.
On 1 January 2023, an amendment to the Act on Significant Market Power in the Sale of Agricultural and Food Products and Its Abuse (the “Act”) comes into effect. The amendment significantly expands the Act’s scope both in terms of who is affected as well as the obligations it imposes.
Kocian Solc Balastik has helped the Czech National Theatre obtain a building permit for the redevelopment of its New Stage and Operations buildings.
Former Ellex Raidla Senior Partner Juri Raidla has stepped down from his position on January 1, 2023, to continue as a Counsel with the firm.
In 2019, Directive (EU) 2019/1937 of the European Parliament and of the Council of 23 October 2019 on the protection of persons who report breaches of Union law (the "Directive") was adopted at the European Union level.
Harrisons has advised the EBRD on its EUR 12 million unsecured loan to the Autonomous Province of Vojvodina, in Serbia, for the financing of the implementation of energy efficiency measures in around 80 public buildings in 20 municipalities.
TGS Baltic has announced the appointment of Dalia Augaite, Sandra Bliuvaite-Sulciene, Marius Brasiunas, Martti Peetsalu, and Chirag Mody as Partners, while Tadas Varapnickas, Karolina Lapinskaite, and Triinu Jarviste have been appointed as Associate Partners at the firm.
Gide Turkish affiliate Ozdirekcan Dundar Senocak has advised the Turkiye Wealth Fund on its acquisition of Bereket Katilim insurance companies and the subsequent restructuring of TWF subsidiaries' takaful insurance operations.
TGS Baltic has announced the appointment of Dalia Augaite, Sandra Bliuvaite-Sulciene, Marius Brasiunas, Martti Peetsalu, and Chirag Mody as Partners, while Tadas Varapnickas, Karolina Lapinskaite, and Triinu Jarviste have been appointed as Associate Partners at the firm.
Deloitte Legal has advised Scope Fluidics on the transfer of its listing from NewConnect to the main market of the Warsaw Stock Exchange.
Sibincic Krizanec has appointed Matic Novak to Senior Partner and Dinar Rahmatullin to Junior Partner. The firm updated its name after the promotion round to Sibincic Krizanec Novak.
TGS Baltic has announced the appointment of Dalia Augaite, Sandra Bliuvaite-Sulciene, Marius Brasiunas, Martti Peetsalu, and Chirag Mody as Partners, while Tadas Varapnickas, Karolina Lapinskaite, and Triinu Jarviste have been appointed as Associate Partners at the firm.
Law No. 4054 on the Protection of Competition (“Competition Law”) applies to merger and acquisition transactions ("Transactions") since they may lead to consequences such as establishing/strengthening a dominant position or restricting effective competition in the market. Additionally, as per Communiqué No. 2010/4 Concerning the Mergers and Acquisitions Calling for the Authorization of the Competition Board ("Communiqué"), some Transactions are subject to the Competition Board's ("Board") approval. In this regard, the Turkish Competition Authority ("Authority") releases the Mergers and Acquisitions Overview Report each year to describe the overview of the Transactions examined within its body and thus provides a breakdown of the Transactions that took place in the market as along with a broad market overview. The Mergers and Acquisitions Report for 2022 ("Report") was published and made public by the Authority on January 6, 2023.
Sibincic Krizanec has appointed Matic Novak to Senior Partner and Dinar Rahmatullin to Junior Partner. The firm updated its name after the promotion round to Sibincic Krizanec Novak.
Petrovic Legal has advised Hefestos Capital on its acquisition of TMK Europe from undisclosed sellers.
Former Telekom Romania Data Protection Officer George Manea has joined KPMG Legal Toncescu si Asociatii as a Senior Managing Associate and Head of the firm’s Life Sciences, Technology & Compliance practice.
Specialists, Team, and Work Ethic: Octavian Popescu on Celebrating Four Years of Popescu & Asociatii
It’s been four years since we sat down with Octavian Popescu, Managing Partner at Popescu & Asociatii, and discussed what was at that time the new firm’s perspective and its future plans. We reached out again, on the firm’s Fourth Anniversary, to see how those plans have been progressing and chart the firm’s development.
Paksoy has advised Univar Solutions on its acquisition of Kale Kimya. Egemenoglu advised the sellers.
TGS Baltic has announced the appointment of Dalia Augaite, Sandra Bliuvaite-Sulciene, Marius Brasiunas, Martti Peetsalu, and Chirag Mody as Partners, while Tadas Varapnickas, Karolina Lapinskaite, and Triinu Jarviste have been appointed as Associate Partners at the firm.
Petrovic Legal has advised Hefestos Capital on its acquisition of TMK Europe from undisclosed sellers.
TGS Baltic has announced the appointment of Dalia Augaite, Sandra Bliuvaite-Sulciene, Marius Brasiunas, Martti Peetsalu, and Chirag Mody as Partners, while Tadas Varapnickas, Karolina Lapinskaite, and Triinu Jarviste have been appointed as Associate Partners at the firm.
As of 1 January 2023, new conditions govern aid in the Polish Investment Zone (PIZ), as indicated in the new regulation implementing the Act on supporting new investments (the new PIZ regulation).
Real estate is going through a transitional period, the Recovery and Resilience Plan's short deadlines are creating both pressure and legal work, while sustainability and waste management take center stage in Romania, according to Popescu & Asociatii Partner Loredana Popescu.
Ellex Valiunas has successfully represented Neringa Dangvyde Macate before the European Court of Human Rights, on a pro bono basis, in a dispute related to restrictions on the distribution of Dangvyde Macate’s fairy tale book, Amber Heart, depicting same-sex relationships and its subsequent labeling as harmful to children under the age of 14.
PRK Partners has successfully represented the interests of a client who completed a gender transition process in a matter regarding the issuance of official documents bearing the applicant's new personal data before the Supreme Administrative Court.
Controversial consumer loans, unfair competition-related disputes, and changes to long-term agreements due to force- majeure events are all increasingly frequent in Poland these days, according to Wolf Theiss Partner Peter Daszkowski.
An economic crisis is definitely upon us. Factors such as inflation, reduced availability of raw materials and skyrocketing material prices and costs triggered by, among other things, the armed conflict in Ukraine and sanctions imposed on the Russian Federation, are having a direct impact on performance of contracts and their profitability. Among those hardest hit in these circumstances are parties to public procurement contracts.
On November 16, CEE Legal Matters reported that Popescu & Asociatii had successfully represented the interests of the City of Sinaia in a construction dispute. CEE In-House Matters spoke with Vlad Oprea, the Mayor of Sinaia, to learn more about the matter.
Former Ellex Raidla Senior Partner Juri Raidla has stepped down from his position on January 1, 2023, to continue as a Counsel with the firm.
Gide Turkish affiliate Ozdirekcan Dundar Senocak has advised the Turkiye Wealth Fund on its acquisition of Bereket Katilim insurance companies and the subsequent restructuring of TWF subsidiaries' takaful insurance operations.
In its recent decision in re Smusta a.s., the Supreme Court ruled on the possibility to avoid a corporate transformation in insolvency proceedings.
A draft of a preventive restructuring act is being discussed in the Czech legal environment to implement the EU directive on restructuring and insolvency (directive (EU) 2019/1023). The aim of the new legal regulation is to introduce an out-of-court restructuring model with shorter times to improve operations and the balance sheets of debtors in financial difficulties. Different forms of out-of-court restructuring are common and frequently used in many foreign jurisdictions, e.g. arrangements in England and Wales. Unlike insolvencies, in preventive restructuring the court is a “mere” supervisor supported by the restructuring trustee in certain situations.
Aside from Croatia entering the Euro and Schengen zones, there have been numerous other legislative updates of note – primarily in the spheres of labor and land rights – according to Miroslav Plascar, Co-Managing Partner of Zuric i Partneri in cooperation with Kinstellar.
The new General Collective Agreement („GCA“) has been published at the Official Gazette of Montenegro no. 150/22 on 30, December 2022 and will be valid for period of three years from 31, December 2022 when it came into legal force.
Wardynski & Partners has advised CNS Pharmaceuticals on negotiating a contract to supply Berubicin to the Pomeranian Medical University.
On January 4, CEE Legal Matters reported that Dorda, working with Loyens & Loeff, had advised Croma-Pharma on entering into a business combination agreement with the European Healthcare Acquisition & Growth Company. CEE In-House Matters spoke with Andreas Prinz, Managing Director at Croma Pharma, to learn more about the deal.
Under the Polish Medical Devices Act of 7 April 2022 (the MDA), surveillance over medical device advertising is exercised in principle by the President of the Office for Registration of Medicinal Products, Medical Devices and Biocidal Products (the URPL), and in certain cases, by the Minister of Health or the Chief Sanitary Inspector.
Ellex Valiunas has successfully represented Neringa Dangvyde Macate before the European Court of Human Rights, on a pro bono basis, in a dispute related to restrictions on the distribution of Dangvyde Macate’s fairy tale book, Amber Heart, depicting same-sex relationships and its subsequent labeling as harmful to children under the age of 14.
TGS Baltic has announced the appointment of Dalia Augaite, Sandra Bliuvaite-Sulciene, Marius Brasiunas, Martti Peetsalu, and Chirag Mody as Partners, while Tadas Varapnickas, Karolina Lapinskaite, and Triinu Jarviste have been appointed as Associate Partners at the firm.
Former Senior Associate Gokturk Sahin has been promoted to Managing Associate and appointed Head of the Litigation Department at Moral, Kinikoglu, Pamukkale, Kokenek.
Turunc has advised intercity bus operator Kamil Koc on its alliance with Istanbul-based bus companies Ses Turizm and Gulen Turizm.
Dorda, working with Grub Brugger, has advised ZF Friedrichshafen on its acquisition of insolvent tachograph developer Intellic Germany along with its insolvent Austrian assets. Held Berdnik Astner & Partner reportedly advised the seller.
Freshfields Bruckhaus Deringer has advised KGAL Investment Management on the sale and leaseback arrangements for three Airbus A220-300 aircraft with Air Baltic.
Clifford Chance has advised Baltic Hub on the expansion and refinancing of its existing debt and the construction of the third deep-water sea container terminal in Gdansk.
Ellex and Wardynski & Partners, working with Thommessen, have advised Hampidjan on its acquisition of the Morenot Group from FSN Capital Partners. Norway's Haavind and Iceland's BBA Fjeldco advised FSN Capital.
Soltysinski Kawecki & Szlezak has advised Sea/ by Maritech company Maritech Holdings Limited on its acquisition of Setapp. Lukasz Lenartowicz reportedly advised the seller.
Cytowski & Partners has advised Polish start-up Eleven Labs on its USD 2 million pre-seed financing round with Credo Ventures, Concept Ventures, and angel investors from the UK and CEE.
Cytowski & Partners has advised Czech start-up Filuta AI on its USD 2.5 million pre-seed financing with Nation 1, SPM Invest, and Czech Founders VC.
Turunc has announced the launch of the firm's UP Tel Aviv acceleration program together with Bogazici Ventures, GN-Z11, and Reichman University, in collaboration with Amazon Web Services.
Ellex Valiunas has successfully represented Neringa Dangvyde Macate before the European Court of Human Rights, on a pro bono basis, in a dispute related to restrictions on the distribution of Dangvyde Macate’s fairy tale book, Amber Heart, depicting same-sex relationships and its subsequent labeling as harmful to children under the age of 14.
Integrites has signed a pro bono collaboration agreement with the Ministry of Veterans’ Affairs of Ukraine and the Affordable Housing Institute aimed at developing housing for war veterans and their families.
Sorainen has provided pro bono legal advice to the Entrepreneurs for Peace foundation on repairing all the explosion-damaged windows at the Ukrainian Society of the Deaf educational and manufacturing company in Chernihiv and preparing the building for the winter.
TGS Baltic has announced the appointment of Dalia Augaite, Sandra Bliuvaite-Sulciene, Marius Brasiunas, Martti Peetsalu, and Chirag Mody as Partners, while Tadas Varapnickas, Karolina Lapinskaite, and Triinu Jarviste have been appointed as Associate Partners at the firm.
Aside from Croatia entering the Euro and Schengen zones, there have been numerous other legislative updates of note – primarily in the spheres of labor and land rights – according to Miroslav Plascar, Co-Managing Partner of Zuric i Partneri in cooperation with Kinstellar.
Kocian Solc Balastik has helped the Czech National Theatre obtain a building permit for the redevelopment of its New Stage and Operations buildings.
Dentons has successfully represented the interests of Porsche Inter Auto Polska in multiple cases concerning excise taxation on intra-community acquisitions of passenger cars before the Provincial Administrative Court in Warsaw and the Supreme Administrative Court.
Circular products, extended producer responsibility, mandatory return system: new terms and new concept behind the new green tax regulation coming in 2023 in Hungary. The modification of the Green Tax Act has been already adopted, and the governmental decree with the specifications is to follow.
Law 39/2023, which was published in Official Gazette No. 40/13.01.2023, contains important amendments to the Romanian Fiscal Code.
Cytowski & Partners has advised Polish start-up Eleven Labs on its USD 2 million pre-seed financing round with Credo Ventures, Concept Ventures, and angel investors from the UK and CEE.
Cytowski & Partners has advised Czech start-up Filuta AI on its USD 2.5 million pre-seed financing with Nation 1, SPM Invest, and Czech Founders VC.
Kocian Solc Balastik has advised the BiQ Group – investment group Intefi Capital’s technology division – on its acquisition of Puxdesign.
Maciej Antoniak, Radoslaw Cebelinski, Tomasz Kaczmarek, and Rafal Wozniak were promoted to International Partners while Wiktoria Rogaska and Marta Wysokinska made Local Partners at DWF.
Specialists, Team, and Work Ethic: Octavian Popescu on Celebrating Four Years of Popescu & Asociatii
It’s been four years since we sat down with Octavian Popescu, Managing Partner at Popescu & Asociatii, and discussed what was at that time the new firm’s perspective and its future plans. We reached out again, on the firm’s Fourth Anniversary, to see how those plans have been progressing and chart the firm’s development.
In 2019, Directive (EU) 2019/1937 of the European Parliament and of the Council of 23 October 2019 on the protection of persons who report breaches of Union law (the "Directive") was adopted at the European Union level.