Latest News By Practice
The Commission for Protection of the Competition of North Macedonia (CPC) has significantly intensified its enforcement activities in the food retail sector, signalling a stricter regulatory approach toward potential anti-competitive behaviour.
Asters has advised the International Finance Corporation on the restructuring of a USD 120 million loan facility provided to Nibulon. Baker Botts reportedly advised Nibulon.
Walless has advised Scandi Standard on its EUR 18 million acquisition of six chicken farms in Lithuania.
CMS has advised Green Energy Market on a 10-year market coordinator license from the Energy and Water Regulatory Commission of Bulgaria.
CMS has advised Revolut on the launch of its banking and financial services for Ukrainian customers.
Bradvica Maric Wahl Cesarec has advised Positive ARB on obtaining its investment firm license issued by the Croatian Financial Services Supervisory Agency.
In the midst of ongoing conflict, one solution is emerging that could be a crucial factor in attracting foreign investment to Ukraine: war risk insurance. Asters Senior Partner Armen Khachaturyan, Dentons Partner Adam Mycyk, Integrites Partner Igor Krasovskiy, and Redcliffe Partners Managing Partner Olexiy Soshenko discuss how this specialized insurance product is shaping the investment landscape.
Financing transactions often involve lenders taking security over the assets of a borrower’s group of companies. The typical security package in Bulgaria includes security over the borrower’s and other relevant group companies’ shares and the receivables deriving from such shares.
Did you know that corporate bonds in Moldova are unlocking a financial transformation, raising millions for businesses, and opening doors for investors? For years, Moldova’s capital markets have been characterized by limited activity, primarily consisting of equity securities and government bonds. The emergence of corporate bonds marks a significant turning point, signaling a transformation in the country`s financial ecosystem. Recent regulatory reforms and successful stories of bond issuances are redefining the market, creating new investment opportunities for market participants.
Miskovic & Miskovic has advised Erste & Steiermaerkische Bank, Hrvatska Postanska Banka, OTP Banka, Privredna Banka Zagreb, Raiffeisenbank Austria, and Zagrebacka Banka on Republic of Croatia’s state EUR 1.75 billion bonds issuance.
Norton Rose Fulbright has advised BBI Development on the issuance and allocation of 44,740,000 new bonds with a total nominal value of PLN 44.74 million.
White & Case and its Turkish affiliate law firm GKC Partners have advised Morgan Stanley as the bookrunner on the Rule 144A/Reg S debut Eurobond issuance by GDZ Elektrik. Unsal advised GDZ Elektrik.
The Commission for Protection of the Competition of North Macedonia (CPC) has significantly intensified its enforcement activities in the food retail sector, signalling a stricter regulatory approach toward potential anti-competitive behaviour.
Sayenko Kharenko has advised MHP on the specifics of applying autonomous trade measures, first introduced by the EU in June 2022 to support Ukraine’s economy.
Pursuant to the Competition Board’s (“Board”) decision dated 15.12.2022 and numbered 22-55/850-M, an investigation was initiated to determine whether Nestle Türkiye Gıda Sanayi AŞ (“Nestle”) infringed Article 4 of the Law No. 4054 on the Protection of Competition (“Competition Law”) by (i) setting the resale price of its distributors and (ii) imposing regional and customer restrictions on them.
The Law on Amendments to the Law on Prevention of Money Laundering and Terrorist Financing ("Law") has been adopted, and a decree on its promulgation has been issued. The Law was published in the “Official Gazette of Montenegro” on 12th March 2025, and it enters into force on 20th March 2025.
The Commission for Protection of the Competition of North Macedonia (CPC) has significantly intensified its enforcement activities in the food retail sector, signalling a stricter regulatory approach toward potential anti-competitive behaviour.
The Assembly of the Serbian Chamber of Commerce (“SCoC”) recently adopted the Code of Practice for Advertising by Wholesale and Retail Traders of Food Products (“Code”), which entered into force on January 1, 2025.
In The Corner Office, we ask Managing Partners at law firms across Central and Eastern Europe about their backgrounds, strategies, and responsibilities. With 2024 behind us, we asked: Looking at transactional volumes for this year, would you say that 2024 was better or worse than what you originally expected it to be, and why?
Ellex has advised Estonian-based Blackwall on its EUR 45 million series B funding round led by Dawn Capital with participation from existing investors.
Schoenherr has advised Dealavo on its sale to JTL-Software. DWF advised JTL-Software.
Integrites has advised Eurocape’s subsidiary on the development of a 100-megawatt wind park in the Lviv region, Ukraine, involving an investment of EUR 200 million.
CMS has advised Green Energy Market on a 10-year market coordinator license from the Energy and Water Regulatory Commission of Bulgaria.
Nyerges & Partners has advised R.Power Renewables on an 11-year physical power purchase agreement for the full output of four solar photovoltaic projects developed in Romania.
Musat & Asociatii has won an appeal before the High Court of Cassation and Justice against a prior decision by the Bucharest Court of Appeal, allowing the retrial of the review application in the case concerning the torturers of Romanian anti-communist dissident Gheorghe Ursu.
Ellex has offered pro bono representation in a same-sex parenthood case before the national courts in Lithuania, resulting in the first-ever recognition of same-sex parents.
On April 22, 2024, Everlegal announced it had been appointed to provide legal support to the United Nations High Commissioner for Refugees – the UN Refugee Agency – for its activities in Ukraine.
Tuca, Zbarcea & Asociatii has successfully represented the association between China-based CRRC Qingdao Sifang and Romania-based Astra Vagoane Calatori before the Court of Justice of the European Union in a case which rendered Emergency Ordinance No. 25/2021 on the exclusion of non-EU economic operators from public procurement procedures ineffective.
Dutescu & Partners has represented Leonhard Weiss Group in a court case against the public contracting authority in Romania.
Schoenherr has advised the Bulgarian Ministry of Energy on launching two support schemes under the Bulgarian Recovery and Resilience Plan.
E+H has advised Megatech Industries on its reorganization from financial distress and subsequent sale to Italian mobility supplier Sapa. Wolf Theiss, working with Gianni & Origoni, advised Sapa.
Fellner Wratzfeld & Partner has advised approximately 38% of the creditors in the restructuring proceedings of Pierer Industrie on a vote under the Restructuring Ordinance in Austria.
Fellner Wratzfeld & Partner has advised German battery manufacturer Varta in StaRUG restructuring proceedings.
On 1 March 2025, the Law of Ukraine "On Amendments to Certain Laws of Ukraine on Ensuring the Rights of Persons with Disabilities to Work" dated 15 January 2025 No. 4219-IX ("Law") came into force, aiming to create conditions for the exercise of the right to work for persons with disabilities.
Connecting a holiday in Tenerife with remote work? Sending an employee to China for three months? While ten years ago, these questions were considered unique, today, international mobility has become an everyday part of employment relationships.
The right to equal pay for the same work or work of equal value is one of the fundamental rights of employees, protected by both domestic legislation and international standards. In Montenegro, this right is regulated by the Labor Law, while judicial practice contributes to its interpretation and application. Furthermore, the case law of the Court of Justice of the European Union plays a significant role in shaping the legal framework, providing guidelines for the protection against discrimination in terms of wage equality.
The private healthcare sector across CEE has been expanding at a remarkable pace, reshaping the way people access and experience medical care.
Brandl Talos has advised Xund on a EUR 6 million pre-series A financing round led by Lead Ventures with participation from J&T Ventures and existing investors MassMutual Ventures, TBA network, and Lana Ventures. Herbst Kinsky, and reportedly Erdos Partners, advised Lead Ventures.
Schoenherr has advised the shareholders of Nortec Pharma on the sale of a majority stake to Frewitt.
Cobalt has successfully represented Swedish truck manufacturer Volvo Truck Corporation in a dispute initiated by Balta against Latvian truck conversion specialist Unitruck.
The distinction between a domestic and a foreign arbitral award is important because it affects the recognition, enforcement, and legal remedies available under Serbian law. The domicile of the award is determined by the seat of arbitration and the law applied to the arbitral proceedings.
In its recent decision of 19 February 2025, the Supreme Court of Hungary (‘Curia’) overturned the second-degree verdict that held fraud victims solely liable and ruled that financial institutions cannot automatically reject compensation claims. This landmark decision might open the doors for customers to claims against their banks in similar cases.
On February 18, 2025, Taylor Wessing announced that Sennder's acquisition of C.H. Robinson's European surface transportation operations (as reported by CEE Legal Matters on August 5, 2024) is now closed.
Cobalt, working with Dentons, has advised AirBaltic on the sale of a minority stake to Lufthansa Group. Eversheds Sutherland Bitans advised Lufthansa Group.
TAV Macedonia Legal Affairs Manager Emilija Evtimova-Spaseska discusses her journey from law firm partner to in-house counsel and her role in overseeing legal operations for Skopje and Ohrid airports.
Kyriakides Georgopoulos announced that the Hellenic Republic Asset Development Fund's sale of a 67% stake in the Heraklion Port Authority to a consortium consisting of Grimaldi Euromed and Minoan Lines (as reported by CEE Legal Matters on January 11, 2024) closed on September 18, 2024.
PeliPartners has advised Bogdan Idu and his group companies on the sale of an LPG maritime terminal in Romania to Nawaf Salameh Family Office Group.
Your Legal Partners’ Katerina Politopoulou, Maria Golfinopoulou, and Prokopis Linardos Talk About the Deal of the Year in Greece.
Ellex has advised Estonian-based Blackwall on its EUR 45 million series B funding round led by Dawn Capital with participation from existing investors.
Rymarz Zdort Maruta has advised Innova Capital on the acquisition of a majority stake in ProService Finteco and a 50% stake in Investment Funds Depositary Services. Linklaters ProService Finteco.
Paksoy, working with Linklaters, has advised Actera Group and Esas Holding on their exit from Mars Spor Kulubu to Benefit Systems. Herguner Bilgen Ucer and Moskwa Jarmul Haladyj advised Benefit Systems.
Sayenko Kharenko has provided pro bono support for a cultural initiative that aims to set war-time poems, written by Ukrainian defenders, to music.
Musat & Asociatii has won an appeal before the High Court of Cassation and Justice against a prior decision by the Bucharest Court of Appeal, allowing the retrial of the review application in the case concerning the torturers of Romanian anti-communist dissident Gheorghe Ursu.
Ellex has offered pro bono representation in a same-sex parenthood case before the national courts in Lithuania, resulting in the first-ever recognition of same-sex parents.
Montenegro’s real estate and hospitality sectors have been gaining momentum, driven by the country’s natural beauty, strategic location, and an increasingly favorable investment environment. Keker, Bujkovic, Pejovic Partner Aleksandra Bujkovic, JPM Partners Senior Partner Lana Vukmirovic Misic, BDK Advokati Senior Partner Luka Popovic, and Vujacic Law Office Partner Sasa Vujacic discuss the country’s competitive advantages, challenges faced by investors, and the steps needed to further enhance its appeal to foreign capital.
Gide has advised BNP Paribas Bank Polska on granting a new facility to finance three retail projects from the portfolios of Newgate Investment and Torwell Investment including Galeria Sieradzka, Wysockiego Retail Park in Bialystok, and Certe Convenience Shopping Center in Gdansk-Suchanino.
Norton Rose Fulbright has advised BBI Development on the issuance and allocation of 44,740,000 new bonds with a total nominal value of PLN 44.74 million.
Rymarz Zdort Maruta has promoted Lukasz Lech, Adam Puchalski, Krzysztof Rembierz, Maria Szczepanska, and Piotr Zawacki to Partner.
On 5 February 2025, the Constitutional Court of the Republic of North Macedonia (“Court”) annulled the Solidarity Tax Law (“Law”), ruling that it violated several key constitutional principles.
Local Partner Maciej Kacymirow has been appointed as Head of the Tax Practice in the Warsaw Office of Greenberg Traurig.
Ellex has advised Estonian-based Blackwall on its EUR 45 million series B funding round led by Dawn Capital with participation from existing investors.
Schoenherr has advised Dealavo on its sale to JTL-Software. DWF advised JTL-Software.
Rymarz Zdort Maruta has advised Innova Capital on the acquisition of a majority stake in ProService Finteco and a 50% stake in Investment Funds Depositary Services. Linklaters ProService Finteco.
In its recent decision of 19 February 2025, the Supreme Court of Hungary (‘Curia’) overturned the second-degree verdict that held fraud victims solely liable and ruled that financial institutions cannot automatically reject compensation claims. This landmark decision might open the doors for customers to claims against their banks in similar cases.
Rymarz Zdort Maruta has promoted Lukasz Lech, Adam Puchalski, Krzysztof Rembierz, Maria Szczepanska, and Piotr Zawacki to Partner.
Ostermann Ivancic Managing Partner Mojmir Ostermann and Divjak, Topic, Bahtijarevic & Krka Attorney at Law Dominik Glavina look at Croatia’s new lobbying law and the challenges it poses for businesses engaged in regular talks with public organizations.