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In The Corner Office we ask Managing Partners across Central and Eastern Europe about their unique roles and responsibilities. The question this time around: What major initiative or new plan does your office (or firm) plan – if any – for 2020?

Attendees to the 2019 CEELM Winter Party were cornered, over the course of the evening, and asked, without warning or an opportunity to prepare, what achievement over the past 12 months they were proudest of.

The Buzz in North Macedonia: Interview with Gjorgji Georgievski of ODI Law

“The Parliament was disbanded in February and we’re reaching peak election campaign time,“ begins Gjorgji Georgievski, Partner at ODI Law in North Macedonia. “Election day is April 12, and the heat is on.“ Georgievski believes that the election between the ruling Social Democrats and the right-wing opposition VMRO-DPMNE party is going be tight.

In The Corner Office we ask Managing Partners across Central and Eastern Europe about their unique roles and responsibilities. The question this time around: What was the most useful or valuable piece of software or new technology your firm has acquired in the past five years?

The Deal: In July, CEE Legal Matters reported that the Slovenian office of ODI Law had represented AIK Banka and SKB Banka (Societe Generale’s Slovenian entity), on the EUR 36 million cross-border syndicated debt refinancing of the Don Don Group – a regional industrial bakers with plants in Slovenia, Croatia, Serbia, Bosnia and Herzegovina, Montenegro, and Bulgaria. Selih & Partnerji advised Don Don on the deal.

ODI has advised the Czech Republic’s Ministry of Finance and its two state-owned subsidiaries IMOB and PRISKO on the cross-border sale of the majority stake in Vipap Videm Krsko, a large Slovenian paper mill and newsprint manufacturer, to Czech-based Ridg Holding.

ODI Law has advised the Eta Invest Group on the refinancing of a development project encompassing 28 newly-constructed villas near Nova Gorica, Slovenia. The transaction included a transfer of claims held by various banking and non-banking entities to the Elements Capital Management investment fund, followed by the entrance into a Master Restructuring Agreement by Eta Invest Group and the investment fund. Karanovic & Partners advised Elements Capital Management.

In “The Corner Office” we ask Managing Partners across Central and Eastern Europe about their unique roles and responsibilities. The question this time around: What was the most difficult or unpleasant experience you had terminating someone’s employment?”

“Generally speaking,“ Tine Misic, Partner at ODI Law says, “the Slovenian market and the economy are doing well, our long-term debt has been upgraded to AA- by S&P, which means Slovenian bonds are highly ranked, and the GDP is growing at about 3.1%, [which is] relatively high compared to other EU countries.“

ODI Law in Slovenia and the LTA Legal Tax Audit firm in the Czech Republic have advised the Czech Ministry of Finance and IMOB and PRISKO, the Ministry's two state-owned subsidiaries, on the cross-border sale of a majority stake in VIPAP VIDEM KRSKO, the largest paper mill in Slovenia, as well as on the sale of claims against it, all to Czech-based RIDG Holding. RIDG was advised by Schoenherr.

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