On April 27, 2023, Act Legal BSWW announced that Develia's sale of the Wola Retro office building in Warsaw to Adventum (reported by CEE Legal Matters on February 3, 2023) had closed.
Ukraine Enacts Law Implementing International Standards for Automatic Exchange of Financial Account Information
A new law implementing a wide range of international agreements and standards is aimed at improving global transparency in Ukrainian tax reporting and will have implications for a variety of taxpayers.
Dentons Advises CPI Property Group on EUR 335 Million Tender Offer for Outstanding Bonds
Dentons has advised the CPI Property Group on its successful tender offer of outstanding bonds due in 2026, 2027, and 2028.
Did You Know: Ten-Year Infrastructure/PPP/Public Procurement Leaderboard
Did You Know that, according to the Activity Rankings function of the CEELMDirect website, only ten lawyers have worked on five or more reported Infrastructure/PPP/Public Procurement deals in CEE over the past ten years?
Dentons Advises AXA IM Alts on Sale of Data4 to Brookfield Infrastructure
Dentons, working with Kirkland & Ellis, has advised AXA IM Alts on its sale of data center platforms Data4 to Brookfield Infrastructure.
CEELM Deal of the Year Awards Banquet: And the Winner Is...
On the evening of April 25, 2023, the Deal of the Year Awards Banquet brought together, under the same roof, top-tier lawyers from Central and Eastern Europe's leading law firms and ILFs active in the region in Istanbul.
Dentons Announces Anna Pukszto and Bartlomiej Kordeczka as New Managing Partners in Poland
Dentons Partners Anna Pukszto and Bartlomiej Kordeczka have been elected the new Poland Co-Managing Partners following a vote of the Partners in Warsaw. They take over from Arkadiusz Krasnodebski, who stepped down after serving as Managing Partner in Poland since 2014.
Dentons Advises NEPI Rockcastle on EUR 200 Million Green Financing
Dentons has advised NEPI Rockcastle on a EUR 200 million secured green real estate financing from Erste Group Bank and Raiffeisen Bank. Wolf Theiss reportedly advised the banks.
New Polish Legislation on Transparency in Employment and Work-Life Balance
New legislation amending the Labor Code and other relevant acts was signed by the President and published in the Journal of Laws. This legislation implements two European Union Directives: Directive (EU) 2019/1158 of 20 June 2019 on work-life balance for parents and carers and Directive (EU) 2019/1152 of 20 June 2019 on transparent and predictable working conditions in the European Union. New provisions will come into force on 26 April 2023.
Legal Innovation in Continental Europe: A Sneak Peek into Lexpo 2023 with Andrea Miskolczi
As Lexpo – The Legal Innovation Event returns in 2023 after a three-year hiatus, showcasing the latest trends in legal innovation in Continental Europe, CEELM spoke with Dentons Europe Director of Innovation and Member of Lexpo's Advisory Board Andrea Miskolczi to gain an insight into the current state of technology and innovation in CEE, and what the event's attendees have to look forward to.
Rymarz Zdort Maruta Advises Projekt-Solartechnik on Private Debt Financing
Rymarz Zdort Maruta has advised Projekt-Solartechnik and its subsidiaries on their private debt financing agreement with the Eiffel Investment Group for Polish solar power plants. Dentons reportedly advised the lender.
Ondrej Barton Joins Dentons as Partner in Prague
Former White & Case Associate Ondrej Barton has joined the Dentons Prague office as a Partner, starting on April 1, 2023.
Dentons and BASEAK Advise Akfen Holding on Acquisition of EBRD and IFC Stake in Akfen Yenilenebilir Enerji
Dentons and its Turkish affiliate Balcioglu Selcuk Ardiyok Keki Attorney Partnership have advised Akfen Holding on its acquisition of the approximately 33% outstanding stake in Akfen Yenilenebilir Enerji from the EBRD and the IFC.
Hungary Remains the Top Destination for Film and Other Audiovisual Production in Europe
Hungary has been traditionally the go-to hub for filming in Europe.
Implementing the EU Directive on Predictable and Transparent Working Conditions in Poland
The Polish Parliament is finally moving forward with the implementation of the EU directive on predictable and transparent working conditions (Directive (EU) 2019/1152).
Dentons Advises CPIPG on Sustainability-Linked Bilateral Loan with MUFG
Dentons has advised the CPI Property Group on its debut sustainability-linked loan through a bilateral facility with MUFG.
One Year After the Invasion of Ukraine: Latest Updates on Protection for Ukrainian Refugees in CEE
When the Russian military launched its invasion of Ukraine in February 2022, many countries in Central and Eastern Europe (CEE) responded immediately by amending their legal framework to provide shelter for Ukrainian refugees. These neighboring nations not only provided immediate humanitarian help, but also changed their immigration law to allow Ukrainian refugees to work and live in their country.
Screening of Foreign Investments: New Condition for M&A Transactions in Slovakia
On 1 March 2023, the Act on Screening of Foreign Investments entered into force. It introduces a comprehensive screening mechanism for foreign investments in the Slovak Republic.