Dentons has provided pro bono legal representation to whistleblower Maria Koranova, an employee of a state-funded organization founded by Slovakia’s Ministry of Health.
Did You Know: 2022 Romanian Deal Leaderboard
Did You Know that, according to the Activity Rankings function of the CEELMDirect website, Filip & Co. and RTPR have both worked on 16 reported deals so far this year in Romania, putting them in a two-way tie atop the leaderboard in that country?
Dentons Advises CPIPG on EUR 1.852 Billion Forward Start Facility
Dentons has advised the CPI Property Group on a EUR 1.852 billion forward start facility to refinance the two-year bridge loans for the acquisitions of Immofinanz and S IMMO, extending their maturity until 2025. Reportedly, Linklaters advised the lenders.
Ukraine: Key Changes to Labor Laws
On July 19, 2022, Law of Ukraine No. 2352-IX On Amendments to Certain Legislative Acts of Ukraine, Governing Optimization of Labor Relations entered into full force and effect and amended the Code of Labor Laws of Ukraine (the Labor Code), the Laws of Ukraine On the Organization of Labor Relations under Martial Law, On Leaves, and others.
The Hidden Contract Risks in Your Global Supply Chain
On July 19, 2022, Law of Ukraine No. 2352-IX On Amendments to Certain Legislative Acts of Ukraine, Governing Optimization of Labor Relations entered into full force and effect and amended the Code of Labor Laws of Ukraine (the Labor Code), the Laws of Ukraine On the Organization of Labor Relations under Martial Law, On Leaves, and others.
Dentons, Polenak, Boyanov & Co, and Clifford Chance Advise on Financing for KKCG Group’s Acquisition of Musala Soft
Dentons has advised a syndicate of banks led by Ceska Sporitelna, and including Ceskoslovenska Obchodni Banka and Komercni Banka, on the financing of KKCG Group and Aricoma Group’s acquisition of Musala Soft. Polenak, Boyanov & Co, and, reportedly, Andric and TM & Partners advised the banks as well. Clifford Chance advised Aricoma Group on the deal.
Hungary: Employment - Wages Without Currency Fluctuation
In recent weeks, the question of how to pay wages in euros has been raised more and more frequently. Can employees ask their employers to stop paying their monthly wages in forints and start paying them in euros? Considering the increasing importance of the issue, in the followings we are assessing whether Hungarian labour law allows for the possibility of setting and paying wages in foreign currency.
Havel & Partners and Dentons Advise on ZFP Investments' Acquisition of Blumental Offices Project from Corwin
Havel & Partners has advised ZFP Investments on its acquisition of the Blumental Offices project from Corwin. Dentons advised the seller.
Dentons Advises Ceska Sporitelna on Zeitgeist’s Residential Real Estate Portfolio Refinancing
Dentons has advised Ceska Sporitelna on its EUR 113 million refinancing of Zeitgeist Asset Management’s residential real estate portfolio. BNT Attorneys reportedly advised Zeitgeist.
Developers and Lenders: Check Your Project Permitting Status! Bucharest PUG Cancelled
Recently, the Bucharest Tribunal cancelled the general zoning plan (PUG) of Bucharest. This may have severe implications on new developments in Bucharest.
Did You Know: Kinstellar's Jan Juroska Setting the Pace on Czech Deal Leaderboard
Did You Know that, according to the Activity Rankings function of the CEELMDirect website, Kinstellar Partner Jan Juroska has worked on 37 reported deals since 2013 – far and away the most of any lawyer in the Czech Republic?
DTB and Lovric Novokmet Partneri Advise on Entain's Acquisition of SuperSport Group
Divjak Topic Bahtijarevic & Krka has advised Entain on its acquisition of the SuperSport Group from Emma Capital. Lovric Novokmet Partneri advised Emma Capital on the sale. Clifford Chance reportedly also advised Entain, with Dentons reportedly advising Emma Capital as well.
Dentons and BSJP Advise on Nord/LB’s Financing of Liskowo Wind Farm in Poland
Dentons has advised Nord/LB Norddeutsche Landesbank on its EUR 53 million financing for developer European Energy. Brockhuis Jurczak Prusak Sroka Nilsson advised the borrower.
Closing: Marvipol Development's Sale of Moko Botanika Project Now Closed
On August 5, 2022, Greenberg Traurig announced that Marvipol Development's sale of the Moko Botanika project (reported by CEE Legal Matters on February 2, 2021) had closed.
Closing: Romgaz Acquisition of Stake in Neptun Deep Project from ExxonMobil Now Closed
Nestor Nestor Diculescu Kingston Petersen and Dentons announced that Romgaz' acquisition of ExxonMobil subsidiary ExxonMobil Exploration and Production Romania Limited (reported by CEE Legal Matters on May 12, 2022) has now closed.
Poland: ESG Reporting and Sustainable Investment
Although the term ESG (Environmental, Social, and Governance) has been around for years, its full application is still quite daunting. Companies face the challenge of integrating ESG values into their strategy, operations, and decision-making processes in order to respond to the increasingly influential voice of stakeholders: citizens, consumers, NGOs, governments, and investors.
Dentons Advises on Sale of Affidea to Groupe Bruxelles Lambert
Dentons has advised private investment firm B-Flexion and the Affidea Group on the sale of Affidea to Groupe Bruxelles Lambert. Kirkland & Ellis reportedly advised the buyer.
Rymarz Zdort Advises Play on Acquisition of 92.5% Stake in Redge Technologies
Rymarz Zdort has advised the Play Group on its acquisition of a 92.5% stake in Redge Technologies from Custodia Capital. Dentons reportedly advised Custodia.