Schoenherr has advised Aldiana Management on its purchase of the Aldiana Club Ampflwang resort in Upper Austria. Baker McKenzie reportedly advised the sellers.

Gide has advised the Enterprise Investors Fund IX on its minority investment in Polish precision radar and anti-drone systems company Advanced Protection Systems Inc. Baker McKenzie advised APS and its shareholders.

Baker McKenzie has advised Innova Capital on the facilities agreement with mBank and BNP Paribas Bank Polska to support the fund’s investment in R-GOL. CMS reportedly advised the banks.

Boyanov & Co, working with the Stockholm and Washington offices of Baker McKenzie, has advised Finland's Tietoevry on the acquisition of US-based digital engineering company MentorMate. Ballard Spahr advised the Taylor Corporation on the sale.

Hengeler Mueller has advised Muhr und Bender on the acquisition of RUAG International Holding’s aerostructures activities in Oberpfaffenhofen and Eger. Baker McKenzie, and reportedly Pestalozzi, advised RUAG International Holding. Reportedly, Lakatos, Koves & Partners and Novalex advised Muhr und Bender as well.

The Court of Justice’s strike on protectionism in favor of ‘strategic companies’ in the Member States.

Former Counsels Oleksiy Stolyarenko and Andrii Moskalyk have been appointed as Partners with Baker McKenzie in Kyiv on July 1, 2023.

On June 30, 2023, Schoenherr announced that OMV’s sale of OMV Slovenija to MOL (as reported by CEE Legal Matters on June 17, 2021) had closed.

Notwithstanding the ongoing war, the Ukrainian banking and financial services industry continues to operate without interruptions and shows great resilience and stability. Ukrainian legislation continues to develop at the same time, bringing the standards of banking and financial services closer to the EU requirements.

On 22 June 2023, the Law of Ukraine on Amendments to Certain Legislative Acts of Ukraine on Optimizing the Operations of the State Property Fund of Ukraine, Increasing the Effectiveness of State Property Management and Improving the Effectiveness of Sanctions Policy ("Law") became effective.

With effect from 16 May 2023, Ukrainian borrowers are allowed to make payments from Ukraine abroad to repay and service certain
cross-border loans from foreign lenders. This applies to the loans that are:

The laws of Ukraine define force majeure as an extraordinary and unpreventable event, man-made or act of God, which objectively makes impossible the performance of contractual obligation(s) by one or both parties to a contract. Force majeure exempts a non-performing party from liability (penalties) for breach of contractual duty if caused by force majeure rather than from the performance of contractual obligations.

In The Corner Office, we ask Managing Partners at law firms across Central and Eastern Europe about their backgrounds, strategies, and responsibilities. Keeping in mind last year’s complexities and the uncertainties ahead, this time we asked: Has your team shrunk or increased in the last 12 months and what are your expectations for 2023?

At the end of March, the Antimonopoly Committee of Ukraine (the "AMC") published its Annual Report for 2022 (the "Report").

Contributed by Baker McKenzie.

On October 7, six leading labor lawyers in Hungary sat down for a virtual round table moderated by CEE Legal Matters Managing Editor Radu Cotarcea. The conversation focused on the current state of affairs of labor regulations in Hungary and their evolution over the pandemic-marked last few months.

On August 17, a gathering of Dispute Resolution experts from many of the leading domestic and international law firms in Ukraine gathered in Baker McKenzie’s Kyiv offices for a Round Table conversation. 

On July 26, 2016, a cross-section of eminent lawyers from leading law firms in Ukraine gathered at DLA Piper’s Kyiv office for a wide ranging Round Table conversation about the state of the Ukrainian economy and legal market and their expectations for both going forward.