The Cizmovic law firm and Moravcevic, Vojnovic, and Partners in cooperation with Schoenherr have successfully represented UniCredit Bank Banja Luka in a dispute with Bitminer Factory, leading to the overturning of a EUR 131 million first instance judgment. Reportedly, the Vila law firm is representing UniCredit Bank Banja Luka in relation to the criminal charges that the bank filed against Bitminer Factory.
Asters Advises BSTDB on EUR 25 Million Loan to Concern Galnaftogaz
Asters has advised the Black Sea Trade and Development Bank on its EUR 25 million short-term revolving trade finance facility to Ukraine's Concern Galnaftogaz.
Ellex Advises Adven Group Companies in Latvia on Joining Global Financing
Ellex has advised the Latvia-based companies of the Adven Group on joining the consolidated financing available to the Adven Group globally, secured by commercial pledges.
Daniel Aranyi Makes Partner at Bird & Bird in Budapest
Former Counsel Daniel Aranyi has been promoted to Partner at Bird & Bird in Budapest, where he also leads the firm's Energy and Competition practice.
Schoenherr, Brandl Talos, Cerha Hempel, and Ulcar & Partnerji Advise on Sale of Seven Refractories to RHI Magnesita
Schoenherr has advised Seven Refractories on the EUR 93 million sale of its European, Indian, and US operations to RHI Magnesita. Brandl Talos advised Seven Refractories' founder and CEO Erik Zobec as well as other minority management shareholders. Cerha Hempel and Ulcar & Partnerji, working with Clifford Chance, Khaitan & Khaitan, Legance, Harneys, Eubelius, and Barnes & Thornburg, advised the buyer.
Closing: PPD and INA’s Sale of TMF to Yildirim Group Now Closed
On April 28, 2023, CMS announced that PPD and INA’s sale of TMF – the largest shareholder of Croatian fertilizer company Petrokemija – to the Yildirim Group (reported by CEE Legal Matters on November 22, 2022), had closed.
Clifford Chance and Penteris Advise on Norsk Hydro’s Renewed Tender Offer for Alumetal
Clifford Chance has advised Norsk Hydro on a renewed tender offer for the purchase of 100% of the shares in Alumetal. Penteris advised Alumetal.