Baker McKenzie has advised MHP on its acquisition of over 92% of the share capital in Grupo UVESA. Garrigues reportedly advised the sellers.

CMS, working with Cyprus-based Michael Damianos & Co, has advised ING Bank on a pre-export finance facility provided to a Ukrainian agricultural group.

Popovici Nitu Stoica & Asociatii, working alongside Hogan Lovells, has advised Ameropa Group on the up to USD 1.35 billion full refinancing of its existing credit facilities.

On 28 February 2025, the President of Ukraine signed the Law of Ukraine "On the Peculiarities of Regulating the Activities of Legal Entities of Certain Organizational and Legal Forms in the Transition Period and Associations of Legal Entities" No. 4196-IX, adopted by the Ukrainian Parliament on 9 January 2025 ("Law"). The Law will come into effect on 28 August 2025.

Fort Legal has successfully advised Bondea on obtaining a crowdfunding license from the Bank of Lithuania.

Tuca Zbarcea & Asociatii has advised the Tasuleasa Social Association on the legislative process leading to the adoption of the Long-Distance Hiking Trail Law in Romania. Reff & Asociatii | Deloitte Legal reportedly advised the Tasuleasa Social Association as well.

Bernitsas has advised CVC on the merger-control process before the Hellenic Competition Commission for the sale of Ethniki Hellenic General Insurance to Piraeus Bank.

Asters, working alongside lead counsel Quinn Emanuel Urquhart & Sullivan, has represented Oschadbank in its latest legal action against the Russian Federation, seeking compensation for investment losses in the temporarily occupied territories of Donetsk, Luhansk, Kherson, and Zaporizhzhia regions of Ukraine.

Glatzova & Co has represented Komercni Banka in judicial administrative proceedings seeking to overturn a Czech National Bank decision imposing a fine for an alleged breach related to early repayment of consumer housing loans with fixed interest rates.

Tsvetkova Bebov & Partners, member of Eversheds Sutherland, working alongside Clifford Chance, has advised Eurobank Bulgaria on its issuance of covered bonds under the country’s newly adopted Covered Bonds Act. Djingov, Gouginski, Kyutchukov & Velichkov, working with Linklaters, advised Citi as the sole bookrunner and trustee.

Schoenherr has advised Palfinger on the successful placement of 2,826,516 treasury shares, raising gross proceeds of over EUR 100 million through an accelerated private placement with institutional investors. Wolf Theiss, working with Clifford Chance, advised joint bookrunners BofA Securities Europe SA and UniCredit Bank.

Clifford Chance, has advised Allwyn International on a EUR 600 million offering of senior secured notes bearing interest at 4.125%, issued by its wholly owned subsidiary Allwyn Entertainment Financing. Milbank advised Allwyn as well. Cravath, Swaine & Moore reportedly advised on the matter as well.

Bernitsas has advised CVC on the merger-control process before the Hellenic Competition Commission for the sale of Ethniki Hellenic General Insurance to Piraeus Bank.

Nedelka Kubac Advokati has advised the shareholders of Pemic Group on the competition law aspects of the company’s sale to Euromedia Group. Cerha Hempel reportedly advised Pemic Group as well.

Following the adoption of the general framework of the FDI screening in March 2024, the regime was originally expected to become operational in Bulgaria no later than September 2024. This timeline was contingent on the adoption of the necessary secondary legislation, including the amended Rules on the Application of the Investment Promotion Act (the “FDI Screening Act”) as well as the Rules on the Organization and Functioning of the Interdepartmental Council on FDI Screening.

In July 2025, the Albanian Data Protection Commissioner adopted Guidance No. 05/2025 on the Processing of Personal Data by Competent Authorities (“Guidance”), marking an important step toward operationalising Law No. 124/2024, Albania’s GDPR-aligned data protection law. This guidance introduces essential obligations for authorities tasked with maintaining public order and national security, such as the police, prosecution, courts, and other public bodies involved in crime prevention or investigation.

Damla Aygun Yararca has become the Senior Director, Legal, Ethics, Compliance & Quality at Novo Nordisk Turkiye.

In a significant development for the personal data protection landscape in Albania, the Council of Ministers has adopted Decision No. 347, dated 19 June 2025, establishing a new state database titled “Electronic Registry of Data Protection Officers” (DPO Registry). This marks a major milestone in the country’s efforts to align its data governance infrastructure with international and European standards, in line with the newly reformed legal framework on personal data protection.

Herbst Kinsky has advised Flex Capital on its acquisition of SOP Hilmbauer & Mauberger. Sole practitioner Ernst Dejaco reportedly advised the selling shareholders Johann Hilmbauer and Gerald Mauberger.

Plenty has been said of the importance of the due diligence. You may have heard the expression ‘to buy a cat in a sack’. Every buyer in a sales contract has the duty to inspect diligently the product purchased for hidden defects or non-conformity.

On 28 February 2025, the President of Ukraine signed the Law of Ukraine "On the Peculiarities of Regulating the Activities of Legal Entities of Certain Organizational and Legal Forms in the Transition Period and Associations of Legal Entities" No. 4196-IX, adopted by the Ukrainian Parliament on 9 January 2025 ("Law"). The Law will come into effect on 28 August 2025.

Popovici Nitu Stoica & Asociatii and Suciu Partners have advised PPC on the merger of its Romanian renewables companies into PPC Renewables Romania. 

Norton Rose Fulbright has advised Bank Millennium on the refinancing of 13 operational photovoltaic projects developed by PAD RES Group, a joint venture between Griffin Capital Partners and Kajima Europe. DLA Piper reportedly advised PAD RES.

Cobalt, working alongside Clifford Chance, has advised the European Investment Bank, the European Bank for Reconstruction and Development, and SEB on a EUR 85 million financing package for Sunly. Sorainen, working with CMS, advised Sunly.

Musat & Asociatii has won an appeal before the High Court of Cassation and Justice against a prior decision by the Bucharest Court of Appeal, allowing the retrial of the review application in the case concerning the torturers of Romanian anti-communist dissident Gheorghe Ursu.

Ellex has offered pro bono representation in a same-sex parenthood case before the national courts in Lithuania, resulting in the first-ever recognition of same-sex parents.

On April 22, 2024, Everlegal announced it had been appointed to provide legal support to the United Nations High Commissioner for Refugees – the UN Refugee Agency – for its activities in Ukraine.

On 30 July 2025, the President of Ukraine signed Draft Law “On Amendments to Certain Legislative Acts of Ukraine Regarding the Improvement of the Mechanism for Attracting Private Investments Using Public-Private Partnership to Accelerate the Restoration of War-Damaged Facilities and Construction of New Facilities Related to the Post-War Economic Recovery of Ukraine” No. 7508 (“Law”). This is a comprehensive reform developed since 2022, spanning almost 250 pages. It restates the Law of Ukraine “On Public-Private Partnership” and amends related acts to align them with updated public-private partnership (“PPP”) procedures.

Havel & Partners has advised Arriva on a purchase agreement with Skoda Transportation for the delivery of 22 new railway units.

White & Case has successfully represented the State of Georgia in a dispute concerning the Anaklia Port project, with an ICSID tribunal’s unanimous dismissal of claims filed by Dutch businessman Bob Meijer under the Georgia-Netherlands BIT.

SK&S has advised Intrum AB on its recapitalization transaction through which it restructured approximately EUR 4.48 billion in financial indebtedness.

The adoption of The Personal Bankruptcy Act ( the“Act“), published in the State Gazette, issue 54 of July 4, 2025, marks a significant milestone in the development of Bulgarian law. This legislative act fills a long-standing gap in the national legal framework, as Bulgaria was until recently the only European Union member state without comprehensive personal insolvency legislation. This lack has led to serious social and economic difficulties for citizens burdened with unmanageable debts, who often find themselves in a permanent state of inability to repay them.

Avellum and Hillmont Partners have successfully defended Argentem Creek Partners and Innovatus Capital Partners in a bankruptcy dispute against GNT Group member Olimpex Coupe International before Ukraine’s Supreme Court.

With the development of the digital economy, new forms of work organization and performance have emerged, particularly through digital labor platforms (e.g., Glovo, Wolt, Uber, Upwork, Freelancer).

The intertwining between private international law, which is fundamentally of a private nature, and labour law, which incorporates both public and private law elements, is becoming increasingly significant. This development is founded on the increased demand for foreign workforce, as well as on the contemporary shift towards remote working arrangements. As these trends continue, the intersection of these two legal fields is gaining prominence, necessitating careful consideration of how cross-border employment relationships are regulated within this evolving landscape.

This summer, the Albanian National Assembly adopted a significant package of amendments to the Law on Foreigners, signalling a clear shift toward aligning national migration rules with key EU directives. While the legal changes are substantial, their purpose is broader: to simplify how Albania governs entry, residence, and work rights for foreign nationals, especially those from the European Union. The reform reflects both Albania’s political will to approximate the EU acquis and a growing recognition that the country must adapt to new demographic, labour, and mobility dynamics. While the amendments cover a wide range of areas, we highlight below the provisions most likely to impact foreign nationals and their interactions with Albanian institutions.

Schoenherr has advised BlackPeak Capital on its growth equity investment in Affinity Life Car.

July 2025 brought a number of significant legislative developments in Poland’s healthcare sector. Key updates include: (a) Medicinal products: The Sejm passed an amendment to the Reimbursement Act; (b) Pharmacies: A draft amendment to the regulation on detailed requirements for pharmacy premises has been published; (c) Veterinary sector: A draft Act on Animal Health is currently under consultation; and (d) Food sector: A draft amendment to the Act on Products of Animal Origin and the Act on Food and Nutrition Safety has been released.

Aydemir has advised the Wellpoint Group on the sale of a majority stake in its subsidiary Platform Saglik Hizmetleri Danismanlık ve Organizasyon to Bupa Turkiye. EY Law reportedly advised the buyers. 

Asters, working alongside lead counsel Quinn Emanuel Urquhart & Sullivan, has represented Oschadbank in its latest legal action against the Russian Federation, seeking compensation for investment losses in the temporarily occupied territories of Donetsk, Luhansk, Kherson, and Zaporizhzhia regions of Ukraine.

Glatzova & Co has represented Komercni Banka in judicial administrative proceedings seeking to overturn a Czech National Bank decision imposing a fine for an alleged breach related to early repayment of consumer housing loans with fixed interest rates.

The humble "Out of Office" (OOO) reply, once a simple courtesy notice, is evolving into a powerful symbol of shifting corporate values and a frontline defense in the battle for genuine work-life balance, especially during the precious holiday season.

Law office Zornada has advised DDL Zagreb and its shareholders on the sale of a majority shareholding in the company to Neftys Pharma. Miskovic & Miskovic, BDK Advokati, and ODI Law advised Neftys Pharma.

SRC has advised MLP Group on the lease of 24,000 square meters of warehouse space to Sarantis Poland within the MLP Pruszkow II logistics park near Warsaw.

SSW has advised Eika Asset Management on securing financing from Santander Bank Polska for the development of a logistics facility in Sochaczew, Poland. DLA Piper reportedly advised Santander Bank Polska.

Pohla & Hallmagi, working with Wikborg Rein, has advised Marine Energy Solutions on its acquisition of the PRIME oil tanker. Reed Smith reportedly advised the unidentified sellers.

Kyriakides Georgopoulos announced that the Hellenic Republic Asset Development Fund's sale of a 67% stake in the Heraklion Port Authority to a consortium consisting of Grimaldi Euromed and Minoan Lines (as reported by CEE Legal Matters on January 11, 2024) closed on September 18, 2024.

PeliPartners has advised Bogdan Idu and his group companies on the sale of an LPG maritime terminal in Romania to Nawaf Salameh Family Office Group.

Herbst Kinsky has advised Flex Capital on its acquisition of SOP Hilmbauer & Mauberger. Sole practitioner Ernst Dejaco reportedly advised the selling shareholders Johann Hilmbauer and Gerald Mauberger.

Cytowski & Partners has advised Wisebee on its USD 2.5 million seed round led by Frontline Ventures and BrightCap Ventures.

Andronic and Partners and Melnic | Bercu, working with Eversheds Sutherland, have advised the founders and selling shareholders of Planable on the sale of the company to SE Ranking. BPV Grigorescu Stefanica, Gladei & Partners, and Jizdan & Partners, working with Orrick, Herrington & Sutcliffe, advised SE Ranking. 

Pekin & Pekin has provided pro bono advice to Fenerbahce SK, Fenerium, Fenerbahce Futbol on its partnership with Adidas.

Sayenko Kharenko has provided pro bono support for a cultural initiative that aims to set war-time poems, written by Ukrainian defenders, to music. 

Musat & Asociatii has won an appeal before the High Court of Cassation and Justice against a prior decision by the Bucharest Court of Appeal, allowing the retrial of the review application in the case concerning the torturers of Romanian anti-communist dissident Gheorghe Ursu.

Former Greenberg Traurig Senior Associate Maciej Roman has joined SSW as Partner.

Avellum has advised Verholy Relax Park on the sale of a stake in the resort and hotel complex. Moris advised the buyer, Bohdan Yesipov.

Boyanov & Co has advised RealPage on its acquisition of Rexera.

Octavian Ionascu has joined DLA Piper's Romania office as a Tax Director.

The Hungarian Parliament adopted a tax package in June, amending the Financial Transaction Tax Act to close existing loopholes and ensure that all market participants are subject to the tax.

Integrites has joined the Diia City Union as a legal partner, aligning itself with the professional association of resident companies within Ukraine’s Diia.City legal and tax framework.

Herbst Kinsky has advised Flex Capital on its acquisition of SOP Hilmbauer & Mauberger. Sole practitioner Ernst Dejaco reportedly advised the selling shareholders Johann Hilmbauer and Gerald Mauberger.

Djingov Gouginski Kyutchukov & Velichkov, working with Choate, Hall and Stewart, has advised Marlabs on its acquisition of Indeavr.

Cytowski & Partners has advised Wisebee on its USD 2.5 million seed round led by Frontline Ventures and BrightCap Ventures.

Anagnostopoulos has successfully represented a former director of Werfen Hellas before the Athens Criminal Court, which cleared the defendant of healthcare fraud charges related to product pricing practices for healthcare organizations.

On 10 June 2025 Latvia completed the transposition of Directive (EU) 2024/1226 by amending three key statutes: the Criminal Law, the Law “On the Procedures for the Coming into Force and Application of the Criminal Law,” and the Law on International and National Sanctions of the Republic of Latvia.

Bahas, Gramatidis & Partners has promoted George Alexandris to Partner.