Schoenherr has advised OMV Aktiengesellschaft on the issuance of EUR 750 million in perpetual, subordinated hybrid notes with J.P. Morgan and MUFG acting as the structuring agents and joint global coordinators and BofA Securities, Erste Group, ING, LBBW, and SMBC as the joint bookrunners. Wolf Theiss, working with the White & Case Frankfurt office, advised the bookrunners.
DLA Piper and Nomos Advise on Ibersol's Entry into Austrian Market and Vienna Hotel Takeover
DLA Piper has advised Spanish hotel group Ibersol on its entry into the Austrian market through the takeover of a four-star hotel in Vienna, to be managed under the Ibercity brand. Nomos advised the landlord, GTI Immobilien.
Kinstellar and Freshfields Advise on Strabag's Acquisition of WTE Wassertechnik
Kinstellar, working alongside Noerr, has advised Strabag on the Romanian, Croatian, Czech, and Montenegrin aspects of its EUR 100 million acquisition of WTE Wassertechnik from EVN. Freshfields advised EVN.
BPV Huegel, Binder Groesswang, and Saxinger Advise on CPI Europe's Sale of Vienna Marriott Hotel
BPV Huegel has advised CPI Europe Group on the sale of the Vienna Marriott Hotel to a joint venture between Evientro and Landfair European Dislocated Opportunities. Binder Groesswang and Saxinger advised the buyers. DLA Piper and Wolf Theiss reportedly advised the buyers as well.
State Aid for a Greener Future: Navigating the EU's Clean Industrial Deal State Aid Framework
The European Commission (EC) has published a comprehensive communication introducing a playbook for Member States on designing state aid measures to support their objectives under the Clean Industrial Deal. This framework aims to facilitate industrial decarbonisation and the rollout of clean energy and will remain in force until 31 December 2030. The Clean Industrial Deal State Aid Framework (CISAF) is intended to offer a wide range of companies long-term investment predictability.
Carl Walderdorff Joins Mueller Partner as Equity Partner
Former Herbst Kinsky Attorney at Law Carl Walderdorff has joined Mueller Partner as Equity Partner and the firm's new Head of Corporate and M&A.
Freshfields Advises RTL Deutschland on Acquisition of Sky Deutschland from Comcast
Freshfields has advised RTL Deutschland on the acquisition of Sky Deutschland from US media group Comcast. Hengeler Mueller advised Comcast.
Wolf Theiss Advises CWR Realitawten on Sale of Voco Vienna Prater Hotel
Wolf Theiss has advised Winegg Realitaeten subsidiary CWR Realitaeten on the sale of Engerth 173-175 Entwicklungs, the property owner and lessor of the Voco Vienna Prater hotel, to Nowu Hospitality. Hasch und Partner reportedly advised Nowu Hospitality.
Freshfields Advises on EUR 3 Billion Refinancing for Strabag SE
Freshfields Bruckhaus Deringer has advised Deutsche Bank and Raiffeisen Bank International on the refinancing of financing instruments for Strabag SE.
CMS Advises Alpla Group on Strategic Acquisition of KM Packaging
CMS, working with BakerHostetler, has advised the Alpla Group on its acquisition of KM Packaging.
German Federal Court of Justice Permits Forcible Use of Fingerprint To Unlock Smartphone
In a recent landmark decision, the German Federal Court of Justice (BGH) addressed whether law enforcement authorities were entitled to unlock a suspect's smartphone by forcibly using their fingerprint. The BGH accepted this conduct under the specific circumstances and explicitly ruled out a violation of the prohibition against self-incrimination.
The Corner Office: Inflationary Pressure
In The Corner Office, we ask Managing Partners at law firms across Central and Eastern Europe about their backgrounds, strategies, and responsibilities. This time around, we dug deeper into a discussion point that came up during our last event: During our annual General Counsel Summit held in Prague recently, we’ve learned that even with the inflation in CEE having hovered around 14-20% in recent years, legal fees have remained static or have even decreased in some jurisdictions. Given that, how has your firm managed to consistently deliver high-quality service under these constraints?
Austria: Key Considerations for Employers During Layoffs
In Austria, workforce restructuring is often necessary for companies facing economic challenges or needing to reorganize. However, the process is heavily regulated, and employers must ensure compliance with legal requirements to avoid complications and potential legal risks. This article outlines the key steps and legal obligations employers must follow when carrying out workforce reductions in Austria, with a particular focus on the importance of detailed planning, timing, and legal compliance.
Schoenherr Advises Okoenergie on Pillichsdorf III Wind Farm Repowering in Austria
Schoenherr has advised Okoenergie Beteiligungs on the repowering and expansion of the Pillichsdorf III wind farm in Lower Austria.
CMS and Moser Legal Advise on Fiskaltrust's Financing Round
CMS has advised the founder of Fiskaltrust Consulting on a financing round that includes the entry of a new international majority shareholder. Moser Legal advised the undisclosed incoming investor.
Schoenherr and Cerha Hempel Advise OMV on Regulatory Filings for EUR 60 Billion Global Combination of Borealis, Borouge, and NOVA Chemicals
Schoenherr and Cerha Hempel have advised OMV on global regulatory filings, including merger control procedures before the European Commission and national competition authorities, related to the combination of OMV subsidiary Borealis, ADNOC subsidiary Borouge, and NOVA Chemicals. White & Case's Dubai office reportedly advised OMV as well. Freshfields, Gibson Dunn & Crutcher, and Latham & Watkins reportedly advised ADNOC.
E+H, Hasch & Partner, and DKFE Attorneys at Law Advise on VTC's Acquisition of NBG Group
E+H has advised Munich-based investment firm VTC on its acquisition of NBG Group from NBG Bauer as part of a broader succession plan. Hasch & Partner advised NBG Bauer. DKFE Attorneys at Law acted as one of the trustees and also advised the other trustee, acting for the financing banks’ syndicate. BPV Huegel reportedly advised NBG Group.
CMS Advises Bruker on Acquisition of Austria’s Biocrates Life Sciences
CMS has advised Bruker Corporation on its acquisition of Biocrates Life Sciences.