It’s time to use the RRF for the promotion of energy storage in the CEE region.

Directive (EU) 2019/1023 of the European Parliament and of the Council of 20 June 2019 on preventive restructuring frameworks, on discharge of debt and disqualifications, and on measures to increase the efficiency of procedures concerning restructuring, insolvency and discharge of debt, and amending Directive (EU) 2017/1132 (the “Restructuring Directive“) aims to provide an updated and more efficient framework for the restructuring and support of the companies going through financial difficulties.

The IT industry in Ukraine remains one of the key drivers of the Ukrainian economy even despite the market turmoil in the times of war. Alongside this, the constant development of technology and the need to honour obligations and commitments to implement EU law in terms of copyright and related rights requires certain amendments to the current Ukrainian legislation.

Green energy and ESG will be a significant focus in the coming year in Austria, with a slight upward trend expected in restructuring, alternative finance, and regulatory work, according to Wolf Theiss Banking & Finance Partner Andrea Gritsch.

Wolf Theiss has advised Raiffeisen Bank in Romania on its RON 369 million issuance of 8.817% non-preferred senior eligible sustainability notes due 2027. 

Did You Know that, according to the Activity Rankings function of the CEELMDirect website, Clifford Chance’s Andrzej Stosio, Norton Rose Fulbright’s Warsaw Managing Partner Grzegorz Dyczkowski, and Mark Harrison, the Founder and Principal of Harrisons, all worked on six reported Banking & Finance deals in the past 12 months, placing them in a three-way tie for first place in CEE over that time?

On January 20, 2023, Wolf Theiss announced that the merger of ALBtelecom and ONE Telecommunications (reported by CEE Legal Matters on May 17, 2022) has now closed.

Did You Know that, according to the Activity Rankings function of the CEELMDirect website, Djingov Gouginski Kyutchukov & Velichkov worked on 15 reported client matters in Bulgaria in 2022 – more than any other law firm?

E+H has advised Wienerberger on its acquisition of the Terreal operations in France, Italy, Spain, and the US together with the Creaton business in Germany and Benelux from France's Terreal Group. Latham & Watkins, Advant, Garrigues, Masotti Cassella, Holland & Knight, and Stibbe reportedly advised Wienerberger as well.

Gessel has advised private equity fund EMSA Capital on the full sale of Famed Zywiec to Czech fund BHM Group. Wolf Theiss advised the buyer.

Bpv Huegel has advised Immofinanz on increasing its shareholding in S IMMO from CPI Property Group for EUR 337.5 million. Wolf Theiss advised CPI Property Group.

Wolf Theiss has advised AFI on a EUR 450 million credit facility for the purposes of refinancing its three shopping centers in Romania – AFI Cotroceni in Bucharest, AFI Ploiesti, and AFI Brasov.

Ostermann & Partners, working with Herbert Smith Freehills, has advised Gamepires on its sale to Jagex. Wolf Theiss advised Jagex on the acquisition.

Controversial consumer loans, unfair competition-related disputes, and changes to long-term agreements due to force- majeure events are all increasingly frequent in Poland these days, according to Wolf Theiss Partner Peter Daszkowski.

On December 13, 2022, Schoenherr announced that Jade Power's sale of its Romanian renewable energy portfolio to Enery (as reported by CEE Legal Matters on September 9, 2022) had closed.

Did You Know that, according to the Activity Rankings function of the CEELMDirect website, Dorda Partner Stefan Artner has worked on 14 reported Austrian Real Estate deals over the past five years – more than any other lawyer?

On November 10, four Banking & Finance experts from Croatia, Hungary, Romania, and Serbia sat down for a virtual round table moderated by CEE Legal Matters Managing Editor Radu Cotarcea to discuss banking consolidation, financing availability, the effects of high interest rates, bank capitalization, green financing, the specter of loan restructuring, and the other challenges the sector is facing.

Warsaw, 25 November 2022 – HR departments located outside our country, acting on behalf of their employer, are nowadays a fairly common practice, especially in multinational corporations. What does the liability of these individuals look like? The risk of penal liability for minor offences committed by employees operating outside Poland against employees operating in Poland is low, but it can happen. This occurs in cases where the perpetrator acted outside Poland, but the consequences belonging to the elements of a minor offence ensued in Poland.