With legal services in a constant state of technology-driven evolution, Austria-based Legal Tech Hub Europe is trying to revolutionize the legal industry by fostering innovation and embracing the digital future. Partners from Dorda, E+H, Herbst Kinsky, and Schoenherr – four of the five firms spearheading the hub – talk about the initial set-up of the LTHE and its milestones over the last six years.
The Latest Technological Advances in the Hungarian Code of Civil Procedure
The bill to amend the laws on justice was adopted by the Hungarian Parliament on 30 April 2024. The omnibus act amends a number of laws, including the Act on Notaries Public, the Act on Judicial Enforcement, the Act on the Organization and Administration of the Courts and the Code of Civil Procedure.
Paksoy and Esin Advise on Iyzico's Acquisition of Paynet
Paksoy has advised Iyzico on the acquisition of Paynet from Arena Bilgisayar. Baker McKenzie Turkish affiliate Esin Attorney Partnership advised the sellers.
Rymarz Zdort Maruta Advises Huuuge on USD 70 Million Share Buyback
Rymarz Zdort Maruta, working with Freshfields Bruckhaus Deringer, has advised Huuuge on a USD 70 million share buyback.
DLA Piper Advises Brand24 and Shareholders on 57.6% Sale to Semrush
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.
Schoenherr Advises ITgma on Sale to Modirum
Schoenherr has advised the owners of ITgma on the sale of a majority ownership stake to Modirum.
Artificial Intelligence vs. Intellectual Property Protection
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.