Mon, Jul
49 New Articles

Reff & Associates, the Romanian member of Deloitte Legal, has advised Patria Bank on the sale of a portfolio of non-performing loan receivables with a nominal value of approximately RON 245 million to InvestCapital LTD, a part of the KRUK Group.

Representatives of more than sixty law firms from across Central and Eastern Europe and from as far away as the United States, United Kingdom, and China came together in Prague on June 6, 2018, for the first ever Dealer’s Choice international law firm conference and CEE Deal of the Year Awards Banquet.

Staying compliant with applicable legislation requires constant tracking of new legislation while staying on top of amendments to existing regulations. When employers are not compliant, they risk being fined. No exceptions are made for labor legislation.

The Prague office of Dentons has advised the shareholders of VUK, spol. s.r.o., on the sale of the company to global automotive supplier Continental via a share deal. Deloitte Legal advised Continental on the acquisition. The transaction value was not disclosed.

“The Estonian market faces a combination of challenges on how to boost the economy and attract business,” says Merit Lind, Partner at Deloitte Legal in Estonia. “However, some of the initiatives clash somewhat with anti-money laundering prevention policies,” she says, referring to the e-Residency program famously introduced in the country at the end of 2014.

Reff & Associates, the Romanian member of Deloitte Legal, has obtained a final court decision confirming that the delivery of molds falls under the same VAT tax regime as the supply of the goods produced with the molds, even if they are purchased by the supplier and held by them after their use in the production process.

Deloitte Legal has advised Nettle S.A., a member of the Ortie group, on the investment by Accession Mezzanine Capital of PLN 100 million into the company. Gessel advised Accession Mezzanine Capital on the funding which, according to Deloitte Legal, "has been structured as a capital increase in the company and a long-term mezzanine loan.”

Dentons has advised Enterprise Investors on the sale by its Polish Enterprise Fund VI of 100% of shares in Netrisk.hu to MCI.EuroVentures of MCI Capital Group. Deloitte Legal reportedly advised the buyers on the transaction, which is valued at EUR 56.5 million. 

Page 2 of 4

Deloitte Legal Law Firm at a Glance

Deloitte Legal Central Europe is an integral part of the global Deloitte Legal network, a global legal service provider covering 80 countries worldwide. Deloitte Legal Central Europe assists clients in 18 countries of the Central Europe region with more than 340 professionals’ lawyers covering all areas of business law.Skilled and experienced lawyers work together with other Deloitte professionals in tax, consulting, and financial advisory to guide clients through different projects in a coordinated way around the world. We are able to provide holistic guidance around strategic business decisions as well as offer support services that can increase efficiency. We think not only like lawyers, but also like business people - seeking to understand the specific legal operating model. Deloitte Legal Central Europe has a global reach with local roots.

Firm's website