Adon Legal has advised Taiwanese capital company FinCause on obtaining an electronic money institution license from the Bank of Lithuania.
Reff & Associates Successful for Promenada Mall in Urban Planning Dispute Before Bucharest Court
Deloitte Legal Romanian affiliate Reff & Associates has successfully represented NEPI Rockcastle’s Promenada Mall Bucharest before the Bucharest Court in an urban planning-related administrative dispute resulting in the end of the suspension of the Urban Plan for Bucharest's Second District.
Ukraine Strengthens Legislative Framework for Dispute Resolution with Ukrainian Counterparties in Foreign Courts
The law “On Amending Certain Laws of Ukraine in Connection with the Ratification of the Convention on Choice of Court Agreements” (the “Law”) came into effect on October 15, 2022. In 2021, the Ukrainian Parliament had made this Law a condition for the ratification of the Hague Convention of June 30, 2005 on the Choice of Court Agreements (the “Convention”).
The War’s Impact on Lithuanian Legislation
The war in Ukraine has irrevocably altered the face of Europe, and legislative landscapes are no exception. iLaw Lextal Partner Jolanta Liukaityte-Stoniene, Motieka & Audzevicius Partner Rimantas Daujotas, and Fort Legal Partner Ruta Radzeviciute-Meizeraite focus on the legislative updates in Lithuania.
Tokushev & Partners and Musseva & Ivanov Help MFG Group Obtain Insurance License
Tokushev & Partners and Musseva & Ivanov have helped MFG Ins obtain an insurance license from the Financial Supervision Commission of Bulgaria.
Sorainen Helps BITE Latvija Obtain 5G License
Sorainen has helped BITE Latvija obtain the rights to use frequencies enabling 5G services.
Bulgaria Finally Transposed the Whistleblowing Directive
On 27 January 2023, after more than a year of delay, the Bulgarian parliament adopted Act on the protection of persons who report breaches ("Whistleblowing Act"). The Whistleblowing Act finally transposes the Whistleblowing Directive (Directive (EU) 2019/1937) beyond the deadline of 17 December 2021 for all member states. The Whistleblowing Act enters into force within 3 months as from its publication in the State Gazette, which was made on 2 February 2023.