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Schoenherr has advised Austrian green technology scale-up Neoom on the structuring and implementation of its "impact invest" customer financing scheme for decentralized energy projects as well as related project debt financing arranged by Solas Capital in an amount of up to EUR 30 million.

White & Case has advised the State Treasury of the Republic of Poland – represented by its Minister of Finance – on an USD 8 billion issuance of notes registered with the US Securities and Exchange Commission under its shelf registration statement. Rymarz Zdort Maruta and Latham & Watkins advised the underwriters.

KWKR, working with Lippes Mathias, has advised Software Mind on obtaining a PLN 150 million financing from BNP Paribas Bank Polska and the subsequent acquisition of US-based company Prosoft in a transaction valued at almost USD 50 million. Dentons advised the lender. Schoenherr, working with Roetzel & Andress, reportedly advised on the loan agreement as well.

DSC Doralt Seist Csoklich has advised the DSR Hotel Holding on the long-term lease agreement to take over the Thurnher's Alpenhof hotel in Zuers, Arlberg, from its owner, the Zarges family office. Barnert Egermann Illigasch Rechtsanwaelte advised the owner.

Clifford Chance has advised Ceskoslovenska Obchodni Banka and Ceska Sporitelna on the financing for Kofola Group's joint acquisition of the Pivovary CZ Group together with the RSJ investment group and the Usovsko agricultural group. Nedelka Kubac Advokati advised Kofola on the acquisition.

Sobczynscy i Partnerzy FSG Prawo has advisd Minde on the development of the SEA Resort project in Miedzyzdroje, with Szczecin-based Assethome to commercialize the investment, WPIP Construction as the general contractor, and Europlan Artur Koziei to operate the facility.

Kinstellar has advised the Genesis Private Equity Fund IV on the acquisition of a majority stake in Czech specialized metal product manufacturer GAF. Moore Legal advised Ludek Fofonka on the sale.

Vukmir & Associates, working with the German offices of Taylor Wessing, Reimer Rechtsanwaelte, and White & Case, has advised Ludwig Pfeiffer Hoch- und Tiefbau on the hive-down of all Croatian assets to the newly established Ludwig Pfeiffer Adria and its full sale to Croatian construction companies AMM and Vodoprivreda Vinkovici. Bradvica Maric Wahl Cesarec Skerlev advised the buyers.

Kocian Solc Balastik has advised the Corinthia Group on the long-term lease for the Corinthia Prague hotel with a company from the Czech Inn Holding group. FMK Florian Michalek Kvasnicka reportedly advised the counterparty.

Allen & Overy has advised Raiffeisen Bank International and a syndicate of lenders on their EUR 100 million financing package for ITIS Holding to support the acquisition of Vitronic Machine Vision. BBH reportedly advised the borrowers.

Integrites has provided pro bono defense representation to a soldier of the Armed Forces of Ukraine concerning criminal charges brought against him by the military command. The firm also advised the soldier's family on obtaining monetary compensation.

Moravcevic Vojnovic and partners in cooperation with Schoenherr has advised Fifth Quarter Ventures on its recent investment in Cosmic.

Miklos Klenanc – a former Attorney at Law with PwC Legal in Hungary – has joined the Budapest office of Schoenherr as a Senior Attorney at Law to lead the firm's local M&A practice.

Former Miskovic & Miskovic Attorney-at-Law Maja Seat has been promoted to a Partner position with the Zagreb-based firm.

Kruna Savovic – until recently the Head of the Media and IP Litigation team and a Partner at Zivkovic Samardzic – left the firm in March 2024.

Former Gecic Law Partner and Head of Dispute Resolution Jovana Velickovic has launched her own law firm in Belgrade – Velickovic Law – specializing in dispute resolution, labor, and corporate law.

Former Nagy & Trocsanyi Partner Viktor Jeger has joined the Lakatos Koves & Partners Dispute Resolution team.

Family law specialist Mindaugas Vaiciunas has joined Ilaw Lextal as an Associate Partner.

Former Managing Associate Ramona Birlog has been appointed to a Partner position with Firon Bar-Nir during the latest promotion round in the firm's Litigation and Insolvency department.

Former Senior Associate Liis Konn has been promoted to a Partner position with Ellex in Estonia. In her new role, she will co-lead the Dispute Resolution practice at the firm.

Former Matas & Partners Founding Partner Robert Matas has joined BPV Braun Partners as a Partner in the Czech Republic.

Deutsche Bank Turkiye Head of Legal and former Vice President Ozge Sanioglu was appointed Director at the company in March 2024.

Prica & Partners has appointed Senior Associate Jelena Edelman to lead its new Employees’ Stock Awards department within the firm, to handle foreign corporations’ employee award and saving schemes.

Senior Partner Marta Popa – who has been with Voicu & Asociatii since its inception in 2001 – has been appointed a Deputy Managing Partner at the Bucharest-based firm.

In March the European Commission approved a EUR 3bln (RON 15.22bln) Romanian scheme to support installations producing electricity from onshore wind and solar photovoltaic. The approval relates to an initiative launched for consultations by the Ministry of Energy in August 2023, aimed at implementing a Contracts for Difference (CfD) support mechanism for low-carbon technologies (the "CfD Scheme").

The Parliament of Montenegro has adopted again the Law on Amendments to the Companies Act with 43 votes in favor, at the extraordinary session of the Parliament held on January 19, 2024, and the Amendments entered into force on January 23, 2024.

On 8 March 2024, the Law of Ukraine “Introducing Amendments to Certain Laws of Ukraine on the Enhancement of Corporate Governance” (the “Law” or the “SOE Law”) entered into force. This Law is a significant step towards the alignment of the Ukrainian legal framework for state-owned enterprises (“SOEs”) with international best practices, particularly the OECD Guidelines for Corporate Governance of SOEs (“OECD Guidelines”).

How M&A lawyers add value to our clients deals? That’s our job and primary goal.

In this article, we'll cover a selection of the TOP 5 Czech insolvency case law from last year.

As everybody knows, grid connection is a big challenge, perhaps the biggest challenge, the renewables encounter nowadays in Romania and elsewhere. According to the data available on the Romanian TSO website, over 20 GW of wind and solar projects seem to have obtained grid connection endorsement (Romanian: aviz tehnic de racordare – “ATR”) to the extent the total installed capacity in the country is about 18.5 GW and the consumption does not expect a serious take-off in the foreseeable future. An even bigger capacity might be in the queue to obtain ATR.

The adoption of the Artificial Intelligence Act means a wide range of responsibilities for tech businesses in the European Union. This article guides through the new regulatory framework and its practical implications.

Montenegro's Law on Games of Chance (the "Law") was enacted in 2004 and has undergone multiple amendments since. The most recent ones came into effect on 1 January 2024. The aim of the amendments, as stated by the competent authorities, is to ensure a sustainable regulatory system for organising games of chance via the internet or other telecommunication means, as well as to generate additional revenue from these activities.

Since early 2024, Hungarian legislative efforts have brought about several updates to consumer protection regulations. Ranging from novelties in consumer complaints and related processes, increased consumer protections fines, expanded rights of the consumer protection and competition authority to an unexpected obligation imposed on e-commerce providers to include the local postal delivery provider as a delivery option, changes to the sector have been diverse.

The challenges posed by rapid technological advancements and potential risks associated with AI continue to grow. Data protection, cybersecurity, and IP considerations, to name a few. With this in mind, policymakers strongly believe that it is crucial to establish a legal framework regulating, among others, the development and use of AI.

The governmental decree published on 22 February (No. 33/2024 (II. 22.)) sets forth the establishment of a new project company to manage the provision of inpatient pharmaceuticals in all public hospitals, as well as those private hospitals that choose to join the initiative. The Decree is a follow up to the amendments in the Medicines Thrift Act (Act XCVIII of 2006) from July 2023, which stipulated the basic conditions for a “unified institutional pharmacy service” for public hospitals. The project company shall be operational from January 2025.

On 27 February 2024, the Cabinet of Ministers of Ukraine approved the Procedure for Issuing, Circulating and Redeeming Guarantees of Origin for Electricity Generated from Renewable Energy Sources and the Procedure for Determining the Environmental Value of Electricity Generated from Renewable Energy Sources.

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Greece is doing a solid job of showcasing its economic resilience, according to Machas & Partners Partner Ioannis Charalampopoulos, who takes a closer look at its intricacies and spotlights the banking sector’s revival, booming real estate opportunities, and a promising horizon for mergers and acquisitions.

On July 4, 2023, CEE Legal Matters reported that Kinstellar and SOG were teaming up in Serbia through a strategic partnership. Recently appointed Kinstellar Belgrade Managing Partner – and co-head of the firm-wide Financial Institutions sector – Milos Velimirovic shares an insider’s perspective on the move.

In The Inside Track, General Counsels across CEE share the nuances of their roles, challenges, and strategies for success. Since now is the time when plans for next year are made (and budgeted for) this time we asked GCs: Is your in-house legal function’s budget increasing, decreasing, or remaining the same in 2024?

On November 23, CEE Legal Matters reported that Cobalt had advised BaltCap Latvia Venture Capital Fund and funds managed by Imprimatur Capital, together with other shareholders, on the sale of Blue Bridge Technologies to Everfield. CEE In-House Matters spoke with Henning Schreiber, Head of Acquisitions at Everfield, to learn more about the acquisition.