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Latest News By Practice

Dentons has advised CEE Equity Partners on an agreement with the Brise Group for the investment, modernization, and development of the first open access agriculture infrastructure platform, based on 15-grain silos and logistic hubs in Romania. Kinstellar advised Brise on the deal.

Avellum has advised Kernel Holding S.A. on the acquisition of 100% of shares in Rail Transit Kargo Ukraine. Based on the enterprise value, the deal is worth USD 64 million.

Bondoc & Asociatii has advised Sarica Niculitel on the acquisition of the Zoresti winery from Domaine Vinarte, which was supported by Wolf Theiss.

Cobalt has successfully represented the Central Election Commission of Latvia before the Latvian Administrative District Court in a case regarding the cancellation of 2019 EP election results.

Cobalt has helped UAB Wittix obtain an electronic money institution license for unrestricted activity.

SPCG Studnicki, Pleszka, Cwiakalski, Gorski has successfully represented Air Liquide Global E&C Solutions Poland S.A. in Poland's Supreme Administrative Court regarding corporate income tax.

CMS has advised ING, the lead mandated arranger and book runner for the EUR 100 million financing of MHP’s acquisition of Slovenian poultry producer Perutnina Ptuj.

Allen & Overy has advised PKO Bank Hipoteczny on the issue of green covered bonds worth PLN 250 million.

Harrisons has advised the EBRD in relation to a EUR 40 million loan to Erste Bank Serbia for the financing of small and medium-sized enterprises.

Allen & Overy has advised PKO Bank Hipoteczny on the issue of green covered bonds worth PLN 250 million.

Cobalt has advised AB SEB Bankas on arranging the EUR 70 million notes issue program of AS Attistibas Finansu Institucija Altum and issuance of EUR 15 million notes with a yield of 0.95%.

White & Case has acted as transaction counsel on Rohlik.cz Finance's issue of CZK 777 million 6.6% guaranteed and secured notes due 2023, with the option to increase to CZK 1.166 billion.

Popovici Nitu Stoica & Asociatii has advised Dedeman on its acquisition of The Bridge 2 office complex in Bucharest — the second phase of The Bridge project — from developer Forte Partners.

Asters successfully represented Sanofi Ukraine in a challenge to the Antimonopoly Committee of Ukraine's finding of a purported competition law violation.

Aequo has represented the Dragon Capital Group before the Antimonopoly Committee of Ukraine in relation to obtaining merger clearance for its May 2019 sale of Chumak to Delta Wilmar.

Schoenherr, working with SafeReach, has launched the Dawn Raid App – a legal tech solution for clients to ensure a controlled process in the event of a dawn raid.

Cobalt has analyzed the compliance of activities of AS Eesti Teed with the rules on state aid in Estonia.

Former Mol Head of Group Compliance & Ethics Balazs Pista has joined Egis Pharmaceuticals in Budapest as the company's new Compliance Officer.

I. Introduction: Merger, in general, is a complex procedure which requires detailed and long formalities. Simplified merger creates an option for the joint stock companies to merge in a faster way without being subject to certain transactions.

CHSH, working with the Hemmelrath Partnerschaftsgesellschaft, has advised Immundiagnostik AG, a German laboratory diagnostics company headquartered in Bens-heim, on its acquisition of Austrian start-up Kiweno. Kiweno was advised by 42Law.

TGS Baltic has successfully represented the insolvent SIA Viesis 2 on its claim of EUR 1,786,655.54 in damages from its former management board members in order to enable the company to pay creditor claims and the costs of administration of the insolvency proceedings.

Kambourov & Partners Petroceltic International PLC on the sale of Petroceltic Bulgaria EOOD, the company's Bulgarian subsidiary, to an unidentified third party.

The Moscow and London offices of Baker Botts have advised PAO Novatek on the sale of a 10% participation interest in the Arctic LNG 2 project to each of China National Offshore Oil Corporation and China National Petroleum Corporation. Herbert Smith Freehills advised China National Oil and Gas Exploration and Development Company, a subsidiary of China National Petroleum Corporation on its investment. Pinsent Masons and Infralex reportedly represented CNOOC on the deal.

Avellum has acted as Ukrainian legal counsel to the EBRD and Nederlandse Financierings – Maatschappij voor Ontwikkelingslanden N.V. in connection to a EUR 24.5 million senior secured loan granted to LLC Chysta Enerhiia-2011, with 50% from each. Integrites reportedly advised Chysta Enerhiia-2011 on the deal.

Avellum has successfully represented a UK citizen in Ukraine's Supreme Court in a dispute regarding the return of a wrongfully retained child.

Soltysinski Kawecki Szlezak successfully represented pro bono Stowarzyszenie Twoja Sprawa ("Your Case Association") in a case brought against the producer of Devil Energy Drink.

The European Commission has just published its comprehensive proposal for the so-called "New Deal for Consumers", which aims to strengthen EU consumer rights and enforcement. This includes the proposal for a new Directive enabling certain qualified entities to seek redress on behalf of consumers who have been harmed by an unlawful commercial practice.

JPM has advised China Shandong International Economic and Technical Cooperation Co. LTD regarding a concession project for four underground garages in the City of Belgrade.

Primus Derling has advised Besix ReRe Group, consisting of N.V. Besix S.A. from Belgium and SIA Rere Buve from Latvia, on its agreement with Eiropas Dzelzceļa llnijas to develop the complex building design and construct the Rail Baltica Riga railway bridge, earth bank, and Riga Central Passenger Station.

Jara Drapala & Partners has successfully persuaded the Lodz, Poland Appellate Court to affirm the judgment of the lower court awarding firm client Mosty Lodz S.A. nearly PLN 32 million from the City of Lodz.

Wolf Theiss has set up a Restructuring Practice in its Warsaw office and appointed former DWF and K&L Gates Partner Lech Gilicinski as its head.

Tsvetkova Bebov Komarevski has advised Deutsche Bahn Bulgarian subsidiary DB Cargo Bulgaria EOOD, a licensed Bulgarian railway cargo operator, on the acquisition of assets of the insolvent railway rolling stock repair company VRZ Karlovo.

CMS lawyers Andrea Potz in Austria, Jelena Nushol in Croatia, Marek Oleksyn and Lukasz Dynysiuk in Poland, Petra Corba Stark and Michal Hutan in Slovakia, and Tetyana Dovgan in Ukraine have been promoted to the firm's partnership as part of its 2019 global promotion round.

Former Dentons Managing Counsel Agnieszka Fedor has moved to a Partner position at Soltysinski Kawecki & Szlezak. Fedor will lead the Labor practice of SK&S's Warsaw office.

Leadell has successfully represented a former employee of Estonia's Labor Inspectorate in a dispute concerning the legality of release from service.

SCWP Schindhelm has promoted lawyers Roland Heinrich and Alice Meissner to the firm's partnership.

CHSH, working with the Hemmelrath Partnerschaftsgesellschaft, has advised Immundiagnostik AG, a German laboratory diagnostics company headquartered in Bens-heim, on its acquisition of Austrian start-up Kiweno. Kiweno was advised by 42Law.

Dentons has advised Jozef Grzymala, a co-founder of Polish pharmaceutical company LEK-AM, on the sale of the company to the other co-founder, Andrzej Wyrzykowski, for an undisclosed amount. The transaction was concluded with the use of debt financing. Crido advised Andrzej Wyrzykowski.

Francine Brogyanyi has joined the Management Committee at Dorda, joining existing Managing Partners Martin Brodey and Axel Anderl.

TGS Baltic has successfully represented the insolvent SIA Viesis 2 on its claim of EUR 1,786,655.54 in damages from its former management board members in order to enable the company to pay creditor claims and the costs of administration of the insolvency proceedings.

Cobalt has successfully represented the Central Election Commission of Latvia before the Latvian Administrative District Court in a case regarding the cancellation of 2019 EP election results.

Jara Drapala & Partners has successfully persuaded the Lodz, Poland Appellate Court to affirm the judgment of the lower court awarding firm client Mosty Lodz S.A. nearly PLN 32 million from the City of Lodz.

Primus Derling has advised Besix ReRe Group, consisting of N.V. Besix S.A. from Belgium and SIA Rere Buve from Latvia, on its agreement with Eiropas Dzelzceļa llnijas to develop the complex building design and construct the Rail Baltica Riga railway bridge, earth bank, and Riga Central Passenger Station.

Aequo has represented the Dragon Capital Group before the Antimonopoly Committee of Ukraine in relation to obtaining merger clearance for its May 2019 sale of Chumak to Delta Wilmar.

Dorda has advised the Kapsch Group on the sale of CarrierCom and PublicTransportCom to S&T AG, a Linz-based technology group and provider of IT services in Central and Eastern Europe. Schmutzer & Ott-Sander Rechtsanwalte and the Munich office of Noerr advised S&T.

Leadell has successfully represented construction company OU Monoliit and Monolit's board member Jaak Reinmets in a criminal proceeding involving accusations of benefit fraud.

Dentons has advised The Black Sea Trade and Development Bank on its extension of a USD 69 million loan to the Russian State Transport Leasing Company to finance the construction of the Lavna Coal Transshipment Terminal at the Murmansk sea port. Allen & Overy reportedly advised the borrowers.

Clifford Chance has advised Australia's Macquarie Infrastructure and Real Assets and Australian pension funds MTAA Superannuation Fund, Statewide Superannuation Fund, and Westscheme Fund on the sale of DCT Gdansk S.A., Poland's largest container terminal, to a consortium of PSA International Ptd Ltd, the Polish Development Fund, and the IFM Global Infrastructure Fund (managed by IFM Investors). Weil Gotshal & Manges advised the consortium and the Polish Development Fund, Linklaters advised IFM, and Dentons advised PSA.

Popovici Nitu Stoica & Asociatii has advised Dedeman on the establishment of EquiLiant Capital Project, a private equity fund that will target small and medium-sized enterprises in Romania.

Cobalt has advised Karma Ventures as a lead arranger on its USD 3.65 million investment in Infermedica, a provider of artificial intelligence technology solutions for healthcare companies.

Kinstellar has announced the launch of a dedicated Asset Solutions practice.

Dentons Prague is providing pro bono assistance to the Eduzmena Endowment Fund regarding its establishment and rules of operation.

Integrites is providing pro bono legal advice to the Lifelover charitable foundation, which organizes leisure and recreational activities for senior citizens and provides assistance.

Taylor Wessing is reporting that it provided Slovakian president-elect Zuzana Caputova and her team with legal advice on contractual matters and opinions and advice on the operative agenda connected with her successful campaign for President.

Greenberg Traurig has advised Madison International Realty and Ghelamco on the sale of the Warsaw Spire A office building to Immofinanz. Magnusson advised Immofinanz on the transaction, which involved the sale by affiliates of Madison International Realty and Ghelamco of their respective 50% stakes in the building to Immofinanz through a share deal. The transaction remains subject to anti-trust approval.

Primus Derling has advised Besix ReRe Group, consisting of N.V. Besix S.A. from Belgium and SIA Rere Buve from Latvia, on its agreement with Eiropas Dzelzceļa llnijas to develop the complex building design and construct the Rail Baltica Riga railway bridge, earth bank, and Riga Central Passenger Station.

Kinstellar and Ashurst have advised AIP Asset Management, a Seoul-based asset manager, and London real estate investment manager The Valesco Group, on their EUR 120 million acquisition of the newly developed Twin City Tower in Bratislava from HB Reavis. White & Case advised HB Reavis.

Popovici Nitu Stoica & Asociatii has advised Dedeman on its acquisition of The Bridge 2 office complex in Bucharest — the second phase of The Bridge project — from developer Forte Partners.

SPCG Studnicki, Pleszka, Cwiakalski, Gorski has successfully represented Air Liquide Global E&C Solutions Poland S.A. in Poland's Supreme Administrative Court regarding corporate income tax.

The European Court of Justice (ECJ) has declared in a recent case that when checking VAT transactions, the tax authority cannot ignore examining the full budgetary impact. Thus it is not acceptable for the authorities to deny the right of VAT deduction to a taxpayer without allowing the other taxpayer to accordingly reclaim the VAT that it paid. Furthermore, the court also found it unacceptable for the tax authority to base a fine only on the amount of the VAT deducted unlawfully without examining the tax shortfall actually caused. The ruling can be considered as another important step towards the creation of a fair VAT system.

Romania's MPR Partners and the De Breij law firm in Amsterdam have advised Dutch company Nederlandse MKB Participatiemaatschappij on its acquisition of BusyMachines BV, a Dutch-Romanian software developer, which closed at the end of April 2019.

Cobalt has advised Karma Ventures as a lead arranger on its USD 3.65 million investment in Infermedica, a provider of artificial intelligence technology solutions for healthcare companies.

Kinstellar has helped Carvago, a Czech start-up in the used car sector, establish a company and set up its online platform.

Jan Rysinski has been promoted to partner at Laszczuk & Partners in Poland.

Rokas Daugela and Mindaugas Bliuvas have been promoted to Partner and Eva Suduiko and Arturas Kojala have been promoted to Associate Partner at Cobalt in Lithuania.

Former Kinstellar Partner Jitka Logesova has joined Wolf Theiss as Partner to head the firm’s newly established Corporate Investigations Practice in Prague, which will serve as a hub for the entire CEE/SEE region.