CEE Legal Matters
In-depth coverage of the news and newsmakers that shape Europe's emerging markets
Act Legal Botezatu Estrade Partners has recently announced it welcomed a nine-person team from Consortium Legal – including Partners Stelian Mic, Barna Bolonyi, and Valeriu Timus – in "a friendly integration and a strategic step forward."
What regulatory changes can issuers expect? For the Polish capital market, recent years have been quite intense, primarily in terms of amendments to regulations, both domestic and EU. The most significant changes in these regulations can be expected at the end of 2023.
Welcome to the captivating field of lawyering in Central and Eastern Europe (CEE), where challenges and opportunities intertwine in an ever-changing landscape. With over 24 years of experience, I have had a front-row seat to witness the remarkable journey of the legal profession in this region. In this article, I’ll share my personal reflections on lawyering in CEE, discussing its progress, setbacks, and the exciting trends that have shaped its course.
With ESG having been a buzzword in the Czech real estate market for a few years now, Clifford Chance Partner Emil Holub, Kocian Solc Balastik Partner Jiri Hornik, VIDD Partner Ondrej Hampl, Taylor Wessing Counsel Radka Nenickova, and Act Legal Czech Republic Partner Tomas Slaby look at how ESG principles are being applied in practice and in what areas there is still room for improvement.
What is corporate crime prevention and why is it a necessary "cost"? Depending on the industry in which a company operates in Romania, it is subject to legal obligations whose violation can result in legal liability.
The regulation of artificial intelligence (AI) is not a new issue. We understand that the use of such technologies can bring many benefits - such as better healthcare, safer and cleaner transport system, more efficient production, or cheaper and more sustainable energy - but we also are aware that they can pose significant risks if not properly regulated.
Act Legal has advised Nimbus on the sale of the RAMPF Group to an undisclosed German investment company. Maynard Nexsen and Cornet Vincent Segurel reportedly advised Nimbus as well.
Since the beginning of this year, the Personal Data Protection Office has issued fines of almost CZK 4,500,000 for breaches of the GDPR in connection with the processing of personal data via cookies.
What does the cancellation of a job position represent and what impact does it have on the employee that occupies such job position?
On 5 April 2023, the Government approved a long-awaited amendment to the Labour Code that incorporates several European directives and brings a number of fundamental changes that will affect most employers.The draft amendment will now be discussed in the Chamber of Deputies. If it passes swiftly, which is expected, the amendment could already be mostly effective during the summer holidays.
The EU’s headline target for its Member States is to have a climate-neutral economy by the year 2050. To reach this goal, the European Commission have called on Member States to prepare their National Energy and Climate Plans (“NECPs”) as the first mandatory step towards the Energy Union.
Corporate investigations, though a relatively new concept in Romania, are increasingly becoming common among large companies operating in the country.
A high degree of effervescence in the country, with massive legislative updates both taking hold and still in the works – as well as a potential Prime Minister rotation soon to come – is what keeps lawyers talking in Romania, according to Act Legal Romania Partner Laura Estrade.
Act BSWW has advised Develia on its public placement of bonds worth PLN 15.4 million.
Austria's lawyers are keeping busy these days, with work primarily driven by an active M&A market, restructuring, litigation, and regulatory changes, while those changes are putting increasing pressure on small businesses, according to Act Legal Partner Roman Hager.
On March 17, 2022, Act Legal Poland (BSWW legal & tax) and Dentons announced that Adventum’s acquisition of Sky Tower from Develia (reported by CEE Legal Matters on September 27, 2021) has now closed.
On March 9, 2018, CEE Legal Matters reported on the expansion of the European act legal alliance with the addition of Hungary’s Ban Karika law firm and Fort Advocaten from the Netherlands. With the alliance now counting 13 offices in Europe – including five in CEE – CEE Legal Matters sat down with Sven Tischendorf of act legal Germany, AC Tischendorf Rechtsanwälte to learn more about the alliance’s plans.
act legal is a fully integrated, strong alliance with 300 attorneys in 9 offices located in important markets in continental Europe. It operates as a one-stop shop and has the relevant performance profile and efficient structures of a major international law firms, offering cross-border regional full-service legal support to companies and investors that intend to do business in or already have a footprint in Continental Europe.
act legal stands for high quality, fair pricing, efficient bespoke processes, strong partner involvement and a personal approach, all of which makes act legal an attractive alternative to major international law firms.
Many act legal professionals hold dual qualifications in both law and business management or commerce. Hence, the team comprehends the mechanisms influencing the clients’ activity and possess a unique insight into the true needs and expectations a company has from outside counsel.
To summarize, act offers its clients the best of both worlds: top quality individual advice at an attractive price, as well as an international profile, excellent professional standards and strong clout.
Looking for a legal powerhouse in Europe? Then act with us.