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After undergoing healthy levels of Corporate/M&A activity in recent times, as we move towards 2019 we expect the Slovak market to remain stable. A notable exception, however, is in the logistics asset class, where we project inbound investment to soar.

The Deal: On April 25, 2018, CEE Legal Matters reported that Clifford Chance had advised Czech Media Invest on its acquisition of Lagardere’s sale of its radio businesses in the Czech Republic, Slovakia, and Romania. Herbert Smith Freehills and Wolf Theiss advised Lagardere on the deal.

Internet traders, who have not yet managed to recover fully from the effects of the GPDR on their activities, are already facing another regulation likely to have a significant impact on technical solutions used in the operation of Internet businesses. In March 2018, Regulation (EU) 2018/302 (the “Regulation”) was adopted, the purpose of which is to solve so-called “unjustified geo-blocking” by removing certain obstacles to the operation of the internal market and by preventing discrimination based on nationality, place of residence, or place of establishment in cross-border online transactions.

When acquiring a company owning real estate or an independent property, a check of the seller’s title to the real estate is an integral part of the due diligence process. The scope of the due diligence that is necessary is about to be narrowed.

Start-Ups represent a unique subset of clients for major law firms, as they are often unable to pay the fees those firms generally require, but – particularly in the tech sector – hold out the potential of significant profitability down the road. Intrigued by the unique challenges and opportunities for law firms offering their services to these cash-poor but potential-high clients, we invited partners from four prominent law firms in the Czech Republic and Slovakia to share their strategies and experiences with Start-ups with us in the offices of Kocian Solc Balastik in Prague. KSB Partner Christian Blatchford moderated the conversation. 

I started my legal career back in 1993 as a student clerk, and over the past 25 years I have literally grown up with the firm. I’ve had the pleasure of advising clients during some of the most exciting periods in Czech history – from the “Wild Wild East” of the nineties, to EU accession, through the global financial crisis and recovery.

It was in early 2009, within a London Business School program, when I was first faced with a clearly articulated and empirically supported argument about the advent of legal technology and the structural transformations in the legal services market that were likely to ensue.

Freshfields boasts of its “international mobile lawyers” – but, in this part of the world, few are as international or mobile as Freshfields’ Partner Sebastian Lawson.

The widespread perception remains that the real estate market in CEE is undervalued and continues to offer exciting opportunities for investors. It would seem this is with good reason and early signs suggest that this year we may approach record levels of activity in the sector.

The CEE Legal Matters Deal of the Year awards ceremony in Prague on June 6 brought together experts and law practitioners from the region and provided an opportunity to look back at the year while awarding the participants for work on some of the most complex and unique transactions in 2017. The projects represented a variety of different types of transactions, including capital markets, M&A, financing, real estate, and restructuring. The transactions were also some of the biggest and first-of-their-kind transactions in Europe in 2017 and, as such, are reflective of how the CEE region has transformed over the past years and what the future is likely to bring for those countries.

I write this flying high above the United States, shortly after the conclusion of what may well have been the most frantic and stressful week in the almost five-year history of CEE Legal Matters.

In 2017, the Parliament of Montenegro adopted a new Law on Spatial Planning and Construction of Facilities (the “Law”), introducing major innovations in the field of spatial planning and construction. The Law entered into force on October 8, 2017.

Generally, foreigners in Moldova have the same rights and freedoms as Moldovan citizens. This general rule applies, inter alia, to acquisitions by foreigners of immovable assets. In other words, Moldovan legislation does not require that foreign individuals or legal entities obtain any permits to acquire land plots in the country beyond those required for Moldovan citizens. However, certain exceptions and requirements apply when it comes to land acquisition.

Land relations can be a crucial issue for foreign investors considering whether or not to start a business in a particular country. Let us provide you with a summary of land legislation of Belarus and the opportunities it offers for business.

The continued rise in the number of sales in 2017 confirmed the revival of the Slovenian real estate market that began in 2014 (after the end of the economic crisis). While the prices of residential real estate in Slovenia hit bottom in 2015, last year they increased more than ten percent over the previous year. Real estate prices have continued to rise in the first few months of this year as well.

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