Klara Kiehl, Clemens Rainer, Sascha Schulz, and Marco Thorbauer have been appointed as Schoenherr Partners in Austria, while Serbia's Jelena Arsic, Jovan Barovic, and Dusan Obradovic, Bulgaria's Tsvetan Krumov, and Hungary's Laszlo Krupl have all been appointed as Local Partners with the firm.
Schoenherr Advises Nofar Energy on Acquisition of Solar Project in Romania
Schoenherr has advised Nofar Energy on its acquisition of a 73-megawatt solar photovoltaic project in Slobozia, Giurgiu county.
A Closer Look at The Amended Czech Consumer Law: Ban on "Fake" Consumer Reviews
In recent months, we have seen several regulatory initiatives impacting the Czech online business environment. There is a lot to unpack, which is why we have prepared a series of Legal Insights to help you understand what will change in 2023.
Schoenherr and Cerha Hempel Advise on Gropyus Scale-Up Financing Round
Schoenherr has advised Gropyus on its EUR 100 million Series B financing round led by Vonovia. Cerha Hempel advised Vonovia.
Schoenherr and Norton Rose Fulbright Advise on Diebold Nixdorf Refinancing
Schoenherr and Norton Rose Fulbright, working with Davis Polk & Wardwell and Ashurst, have advised JP Morgan Chase and other financing parties on the refinancing of Diebold Nixdorf debt and the provision of USD 400 million in new capital. Sullivan & Cromwell and K2Legal Korbonski i Partnerzy reportedly advised the borrower.
Schoenherr Advises Metro on Acquisition of 25% Stake in Kosik Holding
Schoenherr has advised Metro on its acquisition of a 25% stake in Kosik Holding with a 5% option on top if Kosik expands into other CEE markets in collaboration with Metro. White & Case reportedly advised Kosik.
Cerha Hempel and Schoenherr Advise on ARE Austrian Real Estate Vienna Office and Hotel Acquisition
Cerha Hempel has advised ARE Austrian Real Estate on the acquisition of an office and hotel building in Vienna from Generali Real Estate. Schoenherr advised Generali.
Did You Know: Bulgarian Leaderboard for 2022
Did You Know that, according to the Activity Rankings function of the CEELMDirect website, Djingov Gouginski Kyutchukov & Velichkov worked on 15 reported client matters in Bulgaria in 2022 – more than any other law firm?
Better Late than Never: Slovenia Last EU Member State to Adopt Gdpr Implementing Act
On 15 December 2022, the Slovenian Parliament finally adopted the Data Protection Act (Zakon o varstvu osebnih podatkov, ZVOP-2, "ZVOP-2"), a national law implementing the EU General Data Protection Regulation ("GDPR"). The act had been several years in the making, with the earliest draft released for public consultation back in 2017.
Fatur Menard Advises Svetlik Family on Exit from H&R to Spain's Gonvarri
Fatur Menard has advised the Svetlik family on the sale of their 42% stake in Hidria owner H&R to Spanish corporation Gonvarri. Cuatrecasas and Schoenherr reportedly advised Gonvarri.
Promising New Year in the Czech Republic: A Buzz Interview with Vladimir Cizek of Schoenherr
The Czech Republic is looking at a promising start to the year, after somewhat of a market slowdown towards the end of 2022, with no dark clouds on the horizon just yet, according to Schoenherr Partner Vladimir Cizek.
Schoenherr and Kinstellar Advise on Shanghai Electric Power Acquisition of 200-Megawatt PV Project in Hungary
Schoenherr has advised China's Shanghai Electric Power on its full acquisition of five project companies developing a 200-megawatt PV project in Northeast Hungary from Chint Solar Hungary Projects. Kinstellar advised Chint Solar.
Amendments to the Hungarian Competition Act in 2023: Inflation Has Spilled over into the HCA's Procedures
Crucial amendments to the Hungarian Competition Act entered into force on 1 January 2023, while others will on 1 February 2023. This article briefly describes the most important changes.
Bulgaria: Practical Problems of Repurchase and Securities Lending Transactions
"Repos and securities lending in Bulgaria are regarded as financial collateral, thus ensuring their enforceability. But some important contractual arrangements must be agreed upon by the parties wishing to avail themselves of such enforceability."
Schoenherr Advises FirmenABC Shareholders on Exit
Schoenherr, working with Germany's Zinger Strachwitz, has advised the shareholders of the FirmenABC Group on their exit to Austrian investor consortium Invest AG and Industrieliegenschaftenverwaltung AG. Wildmoser/Koch and Tracc Legal reportedly advised the buyers.
Romania: In a Mild Winter, a Strong Wind of Tax Changes
There will be a significant number of tax changes in Romania in 2023. While companies may welcome some of them, others will bring them additional tax costs this year or next.
North Macedonia: New Consumer Protection Act
A new Consumer Protection Act (the "Act") entered into force in North Macedonia on 15 November 2022.
Schoenherr Advises MaxBet on Acquisition of El Dorado Slot Clubs from Bargame
Moravcevic Vojnovic and Partners in cooperation with Schoenherr has advised MaxBet on its agreement with CT Gaming Group member Bargame to acquire the El Dorado Slot Clubs in Serbia.