Herbst Kinsky has advised Berlin-based VC firm Project A and Munich-based Senovo Capital and Schoenherr has advised Digital+ Partners on the USD 20 million financing round of Anyline. Brandl Talos advised Anyline on the deal.

Blockchain technology has – so far – not lead to a transfer of the world's land registers onto this technology or to a "tokenization" of title (documents). The only significant exception in this respect is Georgia where a purchaser's title to real property can be registered by execution of a smart contract.

Zivkovic Samardzic has advised on the merger of Eurobank a.d. Beograd with Direktna Banka a.d. Kragujevac, via an absorption of Direktna by Eurobank Serbia. GO2Law advised Direktna on English law matters, with Milbank advising both banks on English law. Schoenherr reportedly advised Eurobank Serbia on the deal as well.

Wolf Theiss has advised Oberbank AG on its EUR 250 million green mortgage-covered bond issuance. Schoenherr advised joint lead managers Credit Agricole Corporate and Investment Bank, DekaBank Deutsche Girozentrale, Erste Group Bank AG, and Raiffeisen Bank International AG.

Schoenherr has advised shareholders Czipin Privatstiftung and Alois Czipin on the sale of Austrian consulting company Czipin Produktivitatssteigerungs-GmbH to EFESO Consulting France SAS.

Schoenherr has advised Swiss-based media company Ringier on the acquisition of a majority stake in Bulgarian sports news portal z Sportal Media Group – and an affiliated IT company behind the international Sports Content Management System, Sportal365 – Digital Ventures OOD. Jordanov, Valkov & Partners advised the seller, Mr. Angel Stoyanov Shishkov, on the deal.

The Supreme Administrative Court is gradually granting more rights to environmental organisations (EOs) in nature conservation procedures. Following a December 2020 ruling of the Supreme Administrative Court regarding the party status of EOs (for further details please see "New ruling expands environmental organisations' rights in nature conservation procedures"), the Supreme Administrative Court remains on course with its pro-EO case law. In recent months, the court has issued several more interesting rulings that seem to strengthen EOs' position in nature conservation proceedings.

Even though it’s been a year since its parliamentary elections, the outcome still seems to be the talk of the town and the biggest influence on business in Montenegro, according to Schoenherr Partner Slaven Moravcevic. 

Heuking Kuhn Luer Wojtek has advised the Grotkamp family on the acquisition of all shares in Funke Mediengruppe. Schoenherr advised on antitrust aspects of the deal. Milbank advised the Funke Mediengruppe.

Schoenherr has advised SiteLog Infra GmbH on the acquisition of the Equipment & Technology Services business unit from Implenia Osterreich GmbH, via an asset deal. Karasek Wietrzyk advised Implenia on the matter.

The amendment to the Business Corporations Act effective from 1 January of this year (the "Amendment") brings, among other things, a significant change in the liability of members of a statutory body, which will affect the current topic of insolvency.

Herbst Kinsky has advised Russmedia Equity Partners on the acquisition of 100% of shares in finderly GmbH, which operates the online flea market Shpock, from Norway's Adevinta. Schoenherr advised the seller.

The government announced a substantial change in bearer shares at the end of 2020, but the details were only finalised in April 2021. According to the new amendment, non-public joint stock companies are now obliged to register shareholders holding bearer shares.

Schoenherr has advised Credendo on the cross-border merger of their Austrian stock company into a Belgian group company, advised by Linklaters.

Baker McKenzie has advised MOL Group on the acquisition of a 92.25% stake in OMV Slovenija d.o.o. for EUR 301 million. Rojs, Peljhan, Prelesnik & Partners advised MOL on Slovenian law.

While the pandemic negatively affected a plethora of legal practices, this does not seem to be the case with employment and privacy, according to Schoenherr Counsel Daniel Gera who says that it has been the principal driver of work recently.

Crowdfunding is a type of intermediation where the service provider operates a platform (e.g. website) open to the public. The purpose of that platform is to match enterprises seeking financing with prospective investors. The enterprises typically receive small amounts of money from many investors (usually natural persons), via lending (lending-based crowdfunding) or investment into shares (investment-based crowdfunding). Some of the best-known crowdfunding platforms are Kickstarter or Indiegogo. By introducing a single European regulatory framework, the uncertain Hungarian legal environment might change, potentially giving a boost to the crowdfunding market.

A law implementing, among others, Directive (EU) 2019/878 amending Directive (EU) 2013/36 (Capital Requirements Directive - CRD V) has been passed by the Austrian Parliament and Federal Council, and has been published in the Federal Gazette. CRD V (as part of the package together with Regulation (EU) 2019/876 amending Regulation (EU) 575/2013 – CRR II) aims to close regulatory gaps in the existing financial regulatory framework and, while adding prudential measures as to capital requirements, requires certain entities to comply with new licensing obligations.