CEE Legal Matters
In-depth coverage of the news and newsmakers that shape Europe's emerging markets
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.
The Austrian Beneficial Owners Register Act (BORA) requires certain legal entities to report their ultimate beneficial owners (UBO) recurringly, at least once a year and whenever changes occur in an entity's UBO.
Thomas Hartl and Christoph Schober have been promoted to Partner at Binder Groesswang.
Popescu & Associatii has promoted Adina Vlaicu, Andreea Mihalache, and Mirel Radescu to Partner.
On 26 December 2024, the Law “On Amendments to the Criminal Code of Ukraine, the Criminal Procedure Code of Ukraine, and Other Legislative Acts of Ukraine to Improve Mechanisms for Holding Legal Entities Accountable for Bribery of Foreign Officials” No. 4111-IX entered into force. It is meant to implement the OECD Council’s Recommendation on Combating Bribery of Foreign Public Officials in International Business Transactions.
