CEE Legal Matters
In-depth coverage of the news and newsmakers that shape Europe's emerging markets
Dentons and Turkish affiliate Balcioglu Selcuk Ardiyok Keki Attorney Partnership have advised Dutch Development Finance Corporation's venture capital program FMO Ventures on a EUR 5.5 million subscription for convertible notes and redeemable shares in SolarX. Satis Partners reportedly advised FMO in Mali, Burkina Faso, and Senegal. Ffooks Gokulsing reportedly advised SolarX.
Dentons Turkish affiliate Balcioglu Selcuk Ardiyok Keki Attorney Partnership has advised Magic Games on its USD 5 million seed stage investment round, led by Makers Fund. Reportedly, Orrick advised Magic Games as well, and Fladgate LLP advised Makers Fund.
Dentons has advised Groupama Gan REIM on its acquisition of the Freedom Palace in Budapest.
The Kumkumoglu Ergun Cin Ozdogan Attorney Partnership has advised Turkish casual mobile game developer Cypher Games on its USD 3.2 million pre-seed financing round. Dentons Turkish affiliate Balcioglu Selcuk Ardiyok Keki Attorney Partnership advised 500 Global on its investment. Thompson Legal Advisory Services reportedly advised Play Ventures on leading the round.
Dentons has advised Vetroelektrane Balkana on a EUR 205 million refinancing of the 158-megawatt Cibuk wind farm located in Mramorak, Serbia. CMS reportedly advised the lenders on the deal.
Dentons has advised a club of banks led by Tatra Banka and including UniCredit Bank Czech Republic and Slovakia, Slovenska Sporitelna, and Ceskoslovenska Obchodni Banka on a EUR 160 million ESG-linked syndicated loan to MH Teplarensky Holding. BBH reportedly advised the borrower.
Greenberg Traurig has advised Generali Real Estate on the acquisition of undeveloped plots located in Skawina, near Krakow, and the development management agreement with MDC2. Dentons advised MDC2 on the deal.
On 2 September 2022, the National Bank of Ukraine (NBU) adopted a new slew of changes to the martial law restrictions introduced on 24 February 2022:
Dentons and Dimitrijevic & Partners have advised coordinator, bookrunner, and mandated lead arranger UniCredit on a EUR 90 million term loan facility for Mtel Banja Luka. Solo practitioner Loren Richards reportedly advised the borrower.
Dentons has advised Komercni Banka and Ceska Sporitelna on the EUR 715 million refinancing of the Eurowag Group. White & Case advised Eurowag.
Former Filip & Company Of Counsel Oana Voda has joined Dentons’ Bucharest office as Head of Public Procurement.
CMS has advised the Saint-Gobain Group on the conclusion of a 15-year virtual power purchase agreement for the acquisition of renewable energy from Tion Renewables' onshore wind farms in Poland. Dentons advised Tion Renewables.
With instability and uncertainty both in the political and economic spheres, the Czech Republic is preparing for a new wave of restructuring and insolvency procedures, according to Dentons Partner Jiri Tomola.
Gorzelnik Nentwig Ziebinski has advised Equinor Group company Wento on its sale of a 28-megawatt solar photovoltaics portfolio to Modus Asset Management. Dentons has advised the buyer.
On September 16, 2022, Greenberg Traurig announced that Marvipol Development's sale of Unique Tower to Heimstaden Bostad (reported by CEE Legal Matters on February 2, 2021) has now closed.
Clifford Chance has advised Prologis on its EUR 1.585 billion acquisition of Crossbay's urban logistics portfolio from Crossbay and Mark. Dentons advised the sellers.
Dentons has advised the International Chemical Investors Group on its acquisition of the compounds business of the Benvic Group. Gide Loyrette Nouel advised the PVC Europe Group on the sale.
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.
Dentons is the world's largest law firm, connecting talent to the world's challenges and opportunities in more than 75 countries. Dentons' legal and business solutions benefit from deep roots in our communities and award-winning advancements in client service, including Nextlaw, Dentons’ innovation and strategic advisory services. Dentons' polycentric and purpose-driven approach, commitment to inclusion and diversity, and world-class talent challenge the status quo to advance client and community interests in the New Dynamic.
Dentons is one of the leading law firms in CEE/CIS, with offices in Warsaw, Prague, Budapest, Moscow, Bucharest, Bratislava, Kyiv, Baku, Almaty, Astana, Tbilisi and Tashkent. With a legacy of supporting local and international clients in Central and Eastern Europe since the early 1990s, we have the experience and market insight to help clients close deals, resolve disputes and do business in the key markets across the region.