On 5 January 2025, the Real Estate Register in the Slovak Republic (the “Register”) was subject to a ransomware cyberattack.
Anneli Krunks Appointed as Head of FinTech at Ellex in Estonia
Ellex has appointed Counsel Anneli Krunks as the Head of the Fintech practice in Estonia.
KSB Advises Webglobe on Acquisition of Cesky Webhosting
Kocian, Solc, Balastik has advised Webglobe on the acquisition of Cesky Webhosting.
Measuring Productivity and Client Satisfaction: Essential Operational KPIs for Law Firms
Beyond financial indicators, a law firm's performance also depends on operational and client satisfaction KPIs. These metrics enable firms to optimize time management and enhance service quality, directly impacting client loyalty and the firm's long-term growth.
TGS Baltic Advises Helix Kapital on Sale of Shares in Spring Media Group to Two Circles
TGS Baltic, working with Vinge, has advised Helix Kapital on the sale of its shares in the Spring Media Group to Two Circles. The transaction also involved a buyout of local minority shareholders in SIA 4.vara who were advised by TGS Baltic and CMS' Stockholm office. Sorainen and Latham & Watkins reportedly advised Two Circles.
DWF and Bakowski Advise on Software Mind's Acquisition of Core3
DWF has advised Software Mind on its acquisition of Core3. Bakowski Legal Solutions advised the sellers, Dariusz Dudzinski, Pawel Ciach, Piotr Markiewicz, Michal Moldrzyk, and Iwo Malinowski.
New Cybersecurity Laws in Hungary
On December 20, 2024, Hungary has enacted two new cybersecurity laws, namely the Act No. LXIX of 2024 on Hungary's Cybersecurity ("2024 Cybersecurity Act"), which replaces the former national implementation of the NIS2 Directive, and the Act No. LXXXIV of 2024 on the Resilience of Critical Entities (“The Act on the Resilience of Critical Entities”), re-implementing Directive (EU) 2022/2557 on the resilience of critical entities in Hungary.