Former Baker McKenzie Senior Associate Katerina Schenkova has joined Thyssenkrupp as its new Regional Compliance Officer.
Katerina Schenkova Moves In-House as Regional Compliance Officer at Thyssenkrupp
Greenberg Traurig Advises Nrep on Land Plot Acquisition and Development Agreement with White Stone Development
Greenberg Traurig has advised Nrep on the acquisition of a plot of land in the Bielany district of Warsaw and a development agreement with White Stone Development for the construction of a building. Baker McKenzie reportedly advised White Stone Development.
Baker McKenzie Advises MHP on Acquisition of KTL Ukraine Group
Baker McKenzie has advised MHP on its acquisition of KTL Ukraine Group from Ihor Khokhlov, Andriy Kuzmin, and Serhii Kocherhin.
Baker McKenzie Advises Bank Pekao on EUR 500 Million Eurobonds Issuance
Baker McKenzie has advised Bank Pekao on the issuance of EUR 500 million 4.00% senior non-preferred Eurobonds due 2030 under its EMTN program established in November 2023. Clifford Chance reportedly advised JP Morgan on the deal.
New Termination Ground and Requirements for Internal Labor Regulations (Employee Handbook)
On 27 September 2024, the Law of Ukraine "On Amendments to the Labor Code of Ukraine on Establishing Additional Grounds for Termination of Employment Agreements at the Initiative of the Employer and Certain Other Issues" No. 3768-IX dated 4 June 2024 ("Law") (with certain exceptions) will come into force.
Hungary: Mid-Year Review of Significant Life Sciences Legal Developments
For the pharmaceutical industry in the Hungarian market, the first half of 2024 involved several legislative changes with significant practical implications. Some of these changes have yet to unfold their full impact, due to the lack of implementing regulations and prerequisite authority actions.
GKC Partners and Esin Attorney Partnership Advise on Zurich Insurance's Acquisition of NN Hayat ve Emeklilik
White & Case’s Turkish affiliate GKC Partners has advised Zurich Insurance on its acquisition of NN Hayat ve Emeklilik. Baker McKenzie's Turkish affiliate Esin Attorney Partnership advised the sellers.
CMB Clarifies Legal Status of NFTs, Liquidity Providers and P2P Crypto Transactions
With its resolution numbered i-SPK.35.B.1 (dated 19 September 2024 and numbered 1484) (the “Resolution“), the Capital Markets Board (the “CMB“) clarified the legal status of non-fungible tokens (“NFTs“) and crypto assets used in virtual games.
White & Case, GKC Partners, Baker McKenzie, and Esin Attorney Partnership Advise on Pegasus Airlines' USD 500 Million Eurobond Issuance
White & Case and its Turkish affiliate GKC Partners have advised Pegasus Airlines on its USD 500 million Eurobond issuance with Citigroup Group Markets Limited and Morgan Stanley & Co International as the joint global coordinators and joint bookrunners and J.P. Morgan Securities, HSBC Bank, SMBC Nikko Capital Markets Limited, and BCP Securities as the joint bookrunners. Baker McKenzie and its Turkish affiliate Esin Attorney Partnership advised the joint global coordinators and joint bookrunners.
Baker McKenzie Advises Uniwater on Acquisition of 4 Pipes
Baker McKenzie has advised Uniwater on its acquisition of 4 Pipes. Fries Rechtsanwaelte reportedly advised the sellers.
Eversheds Sutherland Advises Edwards Lifesciences in USD 4.2 Billion Sale of its Critical Care Product Group
Eversheds Sutherland has advised Edwards Lifesciences on the USD 4.2 billion sale of its Critical Care product group to Becton, Dickinson, and Company. Baker McKenzie reportedly advised Becton, Dickinson, and Company.
Ukraine: New Rules for Registration of Geographical Indications Take Effect
On 16 August 2024, new rules for the registration of geographical indications in Ukraine came into force ("Rules"). In accordance with Order of the Ministry of Economy of Ukraine No. 16370 dated 09.07.2024, the Rules establish requirements for the registration of geographical indications for agricultural goods, food and alcoholic beverages.
Ukraine: Introducing Construction Licensing for Non-residents Under the Simplified Procedure
On 16 August 2024, the Resolution of the Cabinet of Ministers of Ukraine as of 9 August 2024 No. 925 ("Amending Resolution") became effective and introduced amendments to the Resolution of the Cabinet of Ministers of Ukraine as of 18 March 2022 No. 314 "On Certain Issues of Ensuring of Carrying Out Commercial Activities During Martial Law" ("Resolution on Simplified Licensing Procedure").
Baker McKenzie Represents Kosovo Telecom in Swiss Rules Arbitration and in Front of Swiss Supreme Court
Baker McKenzie has successfully defended Kosovo Telecom in a Swiss Rules Arbitration against a Kosovar company reselling its mobile credit as well as in the subsequent challenge of the award at the Swiss Supreme Court.
Esin Attorney Partnership Advises ACWA Power on Debt and Ownership Restructuring of Turkish Affiliate ACWA Guc
Baker McKenzie’s Turkish affiliate law firm Esin Attorney Partnership, working with Covington & Burling, has advised ACWA Power on the debt and ownership restructuring of its Turkish affiliate ACWA Guc. Paksoy and Milbank reportedly advised the lenders.
DWF Advises Roomies Studentliving Poland on Student Housing Portfolio Acquisition from 6B47
DWF has advised Roomies Studentliving Poland on its acquisition of a student housing portfolio from 6B47 Real Estate Investors. Baker McKenzie reportedly advised 6B47.
Baker McKenzie, Esin Attorney Partnership, White & Case, and GKC Partners Advise on Erdemir's USD 950 Million Senior Notes Issuance
Baker McKenzie and its Turkish affiliated firm Esin Attorney Partnership have advised Eregli Demir ve Celik T.A.S. (Erdemir) on its issuance of USD 950 million 8.375% senior notes due 2029. White & Case and its Turkish affiliated firm GKC Partners advised the managers.
2024-2025 Action Plan on Artificial Intelligence Strategy Published
In line with the recent developments across the world, the National Artificial Intelligence Strategy 2024-2025 Action Plan (“Action Plan“) was published, prepared in cooperation with the Presidential Digital Transformation Office of the Republic of Türkiye and the Ministry of Industry and Technology, and in line with the opinions of various public and private actors and nongovernmental organizations (“NGOs“), to advance Türkiye’s framework on artificial intelligence practices and strengthen its global position in terms of artificial intelligence.
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Baker McKenzie brings insight and foresight to clients across more than 70 global offices. Our team of 13,000 people, including over 6,500 lawyers, works alongside our clients to drive growth that is both sustainable – and inclusive. The global business community is more interconnected than ever before. Opportunities and risks spill across different markets, sectors and areas of law, so a connected perspective is essential in delivering business objectives while mitigating risk. Our integrated client solutions provide seamless advice, underpinned by deep practice and sector expertise, as well as first-rate local market knowledge.
In the Central and Eastern European (CEE) region, Baker McKenzie's expansion remains steadfast, with a thriving team of over legal professionals. Our footprint extends across six offices in Austria, the Czech Republic, Hungary, Poland, Türkiye, and Ukraine. As part of our global network, coupled with well-established partnerships throughout the entire CEE landscape, we proudly stand as one of the foremost international law firms in this dynamic territory. Our reputation as a premier business law firm in CEE is a testament to our extensive experience in advising on a multitude of prestigious projects and nurturing enduring client relationships.