Following the wave in Europe on the enforcement of foreign direct investment screening, Romania has just shifted to new rules for non-EU investors. The new regime entered into force on April 18, 2022, and is expected to be fully operational by June 18, 2022, when the new FDI Screening Commission is to be set up.
Turning a Challenging EC Decision Into an Opportunity: The PKN Orlen and Grupa Lotos Merger
While the deal looked almost impossible at first, with European Commission officials hawkish about its competition implications, PKN Orlen’s acquisition of Grupa Lotos eventually came to pass. For the two Polish energy leviathans the path towards unification was not an easy one, but that goal became a lot nearer following the EC’s 2020 approval. To learn more about the merger and how it managed to beat the odds we spoke to SMM Legal Managing Partner Maciej Mataczynski and Rymarz Zdort Managing Partner Pawel Rymarz.
PeliPartners Successful for UNSAR Before Romania’s High Court of Cassation and Justice
PeliPartners has successfully represented the National Union of Insurance and Reinsurance Companies of Romania (UNSAR) before Romania’s High Court of Cassation and Justice in a dispute against the Romanian competition authority.
Oppenheim Announces New Management Board
Oppenheim has announced the leadership of the firm will be handed over to its three newly-appointed board members – Jozsef Bulcsu Fenyvesi, Aron Laszlo, and Istvan Szatmary – with Fenyvesi and Laszlo to hold non-executive roles and Szatmary to take over the role of Managing Partner on July 1, 2022.
EU: How to Rescue a Design
Have you ever wondered whether you can modify a registered community design ("RCD") that is challenged by an application for declaration of invalidity by removing certain prohibited design elements to maintain the registration?
Sorainen Successful for Zalgiris Before Vilnius Court
Sorainen has successfully represented basketball club Zalgiris in a case against the Lithuanian Competition Council before the Vilnius Regional Administrative Court.
Karaduman & Esin Opens Doors in Istanbul
Partners Ozan Karaduman, Merve Karaduman, and Filiz Toprak Esin have announced that the Karaduman Law Firm and Esin Legal have merged in May 2022 and will operate under the Karaduman & Esin Law Firm brand.