On November 2, 2023, Act Botezatu Estrade Partners announced that Louis Delhaize’s sale of Cora's Romanian operations to the Carrefour Group (as reported by CEE Legal Matters on May 8, 2023) had closed.
Dorda and Noerr Advise Alcmene Group on Acquisition of 25% Stake in Miro
Dorda, working alongside Noerr's German and Belgian offices, has advised the Alcmene Group on its acquisition of a 25% stake in German oil refinery Miro. Taylor Wessing Germany reportedly advised Miro shareholder Esso Deutschland on the sale.
Clifford Chance and RTPR Advise on JC Flowers & Co Sale of First Bank to Intesa Sanpaolo
Clifford Chance Badea has advised private investment fund JC Flowers & Co on its sale of Romania's First Bank to Intesa Sanpaolo. RTPR advised the Intesa Sanpaolo Bank.
NKO Advises Rock Flow Dynamics on Belgrade Development Center Acquisition
NKO Partners has advised Rock Flow Dynamics on its acquisition of a development center in Belgrade and entry into the Serbian market.
Taylor Wessing Advises Lithuania's Vinted Go on Acquisition of Homerr
Taylor Wessing has advised Lithuania's Vinted Go on its acquisition of Dutch logistics company Homerr.
Integrites Advises Hypra Fund on USD 10 Million Acquisition of Minority Stake in Trinetix
Integrites has advised the Hypra Fund on its USD 10 million acquisition of a minority stake in US-Ukrainian digital product manufacturer Trinetix.
Can the Conduct After the Conclusion of the Contract be Considered When Assessing Sham Contracting?
When we consider the validity of a contract on the basis of the parties' will, it is usually the will at the time of the conclusion of the contract that is relevant. In a recent decision, however, the Supreme Court of Hungary has pointed out that in the case of a long-lasting legal relationship, such as an employment relationship, the parties' actions after the conclusion of the contract in order to perform it must also be taken into account when determining the contractual intention.