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CMS has advised a group of investors on a Sofina-led EUR 220 million series D financing round for the Rohlik Group. White & Case advised the Rohlik Group. Linklaters reportedly advised Sofina. Pierstone reportedly advised some of the investors.

Greenberg Traurig has advised ZE PAK Group company PAK-Polska Czysta Energia on the acquisition of the Great Wind project from Neo Investments company Neo Energy Group. Wiercinski Kwiecinski Baehr advised the seller.

Freshfields Bruckhaus Deringer has advised German state-owned bank KFW on a revolving credit line of up to EUR 9.8 billion for the former Gazprom Germania.

Greenberg Traurig has advised HDI International and the Meiji Yasuda Life Insurance Company on the acquisition of the remaining shares in Towarzystwo Ubezpieczen Europa from Getin Holding and the Getin Noble Bank. Domanski Zakrzewski Palinka reportedly advised the sellers.

Ijdelea & Associates has provided legal assistance to Black Sea Oil & Gas and its co-venture partners in obtaining the Upstream Pipeline Operating License for the Midia Gas Development Project (MDG) from the Romanian Energy Regulatory Authority (ANRE).

Clifford Chance has advised Atrium European Real Estate on its divestment of the Optima shopping center in Kosice to the joint venture of two Slovak shopping center investors for EUR 118 million. Taylor Wessing and Krnac Koncok & Partners reportedly advised the buyers.

The Walt Disney Company and Disney DTC EM Limited have appointed Petrikic & Partneri in cooperation with CMS Reich-Rohrwig Hainz as their Serbian Data Protection Representative.

Norton Rose Fulbright has advised mBank on its financing for the construction of the 40-megawatt Pozarowo PV portfolio in Poland, sponsored by Afcon Renewable Energy. CMS advised Afcon.

Skrastins & Dzenis has successfully represented the insolvent PNB Banka in five arbitration proceedings at the London Court of International Arbitration, with the bank's claims against its shareholders amounting to about EUR 50 million.

Sajic has successfully represented the interests of Elektroprenos BiH in a commercial dispute worth over BAM 30.5 million with Elektroprivreda Hrvatske Zajednice Herceg Bosne before the Republika Srpska Supreme Court.

Kyriakides Georgopoulos has advised Danone SA and Numil Hellas SA on their corporate restructuring, with Numil Hellas absorbing Danone's business in Greece.

Norton Rose Fulbright has advised PGE Polska Grupa Energetyczna subsidiary PGE Energia Odnawialna on its recent renewable energy sector acquisition of three onshore wind farms in Poland with a total capacity of 84.2 megawatts – Scieki, Jozwin, and Radzyn.

CMS Budapest Partner and CEE Managing Director Dora Petranyi has been appointed as Global Co-Head of the firm's Technology, Media, and Communications Group, alongside CMS Germany's Pietro Fringuelli.

Eversheds Sutherland has announced it is combining with Sofia-based "long-standing relationship firm" Tsvetkova Bebov & Partners, as of June 22, 2022.

Mihaly Harcos, former Deloitte Partner and Tax Litigation Head, has joined the Budapest office of Bird & Bird as the new Head of the firm's Tax practice.

Popescu & Asociatii has announced that Gheorghe Buta joined the firm as a Senior Partner, in June 2022, to lead the firm's dispute and commercial arbitration practice areas.

Partners Ozan Karaduman, Merve Karaduman, and Filiz Toprak Esin have announced that the Karaduman Law Firm and Esin Legal have merged in May 2022 and will operate under the Karaduman & Esin Law Firm brand.

Tomasz Ciecwierz has joined Deloitte Legal’s Poland office as a Partner and will co-lead the firm’s M&A and Capital Markets practice alongside Partner Ryszard Manteuffel.

Osborne Clarke has announced it established an interdisciplinary Decarbonization practice in Poland, to be headed by Partner Katarzyna Baranska.

Former KPMG Legal Senior Managing Associate Flavius Florea has joined the Wolf Theiss Bucharest office as a Counsel and Head of the firm's TMT, IP & Data Protection practice.

PRK Partners Partner Vaclav Bily has been appointed as the new Managing Partner of the firm.

Dentons has recently announced its practice and sector group leadership appointments for the European Region, for the term ending December 2024. Partners Gulistan Baltaci, Piotr Dulewicz, Rob Irving, Arkadiusz Krasnodebski, Karol Laskowski, Evan Lazar, Tamsyn Mileham, Ewa Rutkowska-Subocz, and David Syed were among the appointees.

Former Counsel Katarzyna Koszel-Zawadka has become a Partner at Baker Tilly Legal Poland.

Former Krehic & Partners Partner Matea Gospic Plazina and former Investment Banking Counsel at Zagrebacka Banka Lana Stojs have established a new firm in Zagreb – Gospic Plazina Stojs.

The Budapest Chamber of Commerce (“BCC”) in May 2022 proposed the change of the system of the itemised tax of small businesses (“KATA”). The main goals of the change are to keep the advantages of the system, but also to prevent and eliminate unlawful tax avoidance.

Facial recognition system is considered an artificial intelligence solution empowered by a camera system, which can identify persons viewed based on image data stored in a related data base. Such systems have already been implemented around the globe in many countries and generally faced severe criticism, especially in Western democracies. Naturally, facial recognition systems have the capability of helping to prevent terrorist attacks and similar severe crimes an detect suspects and other persons of interest. In practice, however, such systems often provide inaccurate or biased results.

In 2019, two EU directives were adopted which must be transposed into Hungarian labour law within a short deadline. In order to comply with EU Directive 2019/1152 on transparent and predictable working conditions and EU Directive 2019/1158 on work-life balance for parents and carers, the modifications of the Labour Code should be adopted by the beginning of August 2022. According to the current information, no substantive work has been started by the Hungarian legislator to modify the Labour Code in order to ensure the compliance with the provisions of the EU Directives.

Significant amendments were introduced into the Bankruptcy and Enforcement Code numbered 2004 ["BEC”] on November 30, 2021. One of these changes was regarding entitling debtors to sell their own seized property by consent.

In addition to its big impact on our social life, WhatsApp messenger (“WhatsApp”) or any other online messaging platform also is used in business life in order for people to communicate quickly and easily. Nowadays, many people are sending work related messages to their colleagues, discuss work related topics, sharing work related documents or conducting their meetings via WhatsApp or any other online messaging platforms.

Government of the Republic of Serbia adopted the Regulation on Criteria for Granting Incentives to the Employers who Employ Newly Inhabited Persons in the Republic of Serbia (hereinafter referred to as the “Regulation”),  published in the Official Gazette of the RS no. 67/22 and entered into force on 18 June 2022. 

Small and medium-sized enterprises could save tens of billions of forints a year by reducing employment administration, according to the latest proposal by the Ministry of Finance.

Bank guarantees are one of the forms in which economic operators tendering for a public contract may provide, the so-called tender bonds. The new Public Procurement Law, in force since 1 January 2021, has not significantly changed the rules concerning the provision of tender bonds (including bank guarantees) compared to those based on former legislation.

Have you ever wondered whether you can modify a registered community design ("RCD") that is challenged by an application for declaration of invalidity by removing certain prohibited design elements to maintain the registration?

On June 7, 2022, the Turkish Medicines and Medical Devices Agency (“Agency”) published the Draft Guidelines on Packaging Information and Legibility of Foods for Special Medical Purposes (“Legibility Guidelines”) and the Draft Guidelines on New Health Claim Applications (“Application Guidelines”). 

On 7 April 2022, the Constitutional Court of the Republic of Serbia published on its website a statement that, at the 5th session of this court, held on the aforesaid date, among other matters, it has determined that the provision of Article 281, paragraph 3. of the Law on Misdemeanours (Off. Gazette of RS no. 65/2013, 13/2016, 98/2016 – the CC decision, 91/2019 and 91/2019 – other law) (“the Law”) is not in accordance with the Constitution and ratified international treaty.

A topic that has recently been the subject of discussion and reflection is the position of trademarks –protected brands used in trade to mark products and services in the Metaverse, with the question of whether such existing trademarks have protection in this new digital market.

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Montenegro is a popular destination these days for IT businesses seeking to relocate primarily from the countries currently at war, with its tourism and real estate sectors growing again, according to Radonjic/Associates Managing Partner Vladimir Radonjic.

CEELMDirect Profile Pick: A series of interviews with partners and firms with Premium profiles on the CEELMDirect online legal directory. Today’s interview: Krists Berzins, Head of Marketing & Communications at Cobalt Latvia.