Have you ever wondered whether you can modify a registered community design ("RCD") that is challenged by an application for declaration of invalidity by removing certain prohibited design elements to maintain the registration?
Schoenherr Advises Wienerberger on Acquisition of Vargon
Schoenherr has advised Wienerberger on its acquisition of Vargon. Buterin & Partneri reportedly advised the sellers on the deal.
MPR Partners and Schoenherr Advise on V-Ridium’s Acquisition of Solar Park from Samsung C&T
MPR Partners has advised GreenVolt subsidiaries V-Ridium Solar 45 and V-Ridium Renewables on their EUR 83 million acquisition of a photovoltaic project from the Samsung C&T Corporation. Schoenherr and, reportedly, Herbert Smith Freehills advised the seller. CMS reportedly advised a consortium of banks on financing the acquisition.
Schoenherr Advises BTV on Acquisition of STW Spleisstechnik West
Schoenherr, working with Noerr, has advised the BTV Multimedia Group on its acquisition of STW Spleisstechnik West. Solo practitioner Georg Justich reportedly advised STW.
Upcoming Tax for Already Existing Wind Power and PV Plants: Double Trouble in Burgenland?
Wind power plants and photovoltaic (PV) plants might affect the landscape. To what extent is in the eye of the beholder.
Hungary: Not Every Fairy Tale Has a Happy Ending: The Story of the Gomboc 3D Trademark Application
Once upon a time, two eminent Hungarian scientists made a mathematical breakthrough. They developed the first convex, homogeneous, mono-monostatic object, which they named the "Gomboc" after the famous Hungarian folk character. The Gomboc always returns to its single stable equilibrium point no matter how you put it down, without using any weights. The Gomboc also has one unstable equilibrium. It is possible to balance the body in this position, but the slightest disturbance makes it fall.
DTB Advises on Unconditional’s Sale to Fressnapf Group
Divjak Topic Bahtijarevic & Krka has advised Unconditional and its majority owner Edvard Varda on the sale of a stake in the company to the Fressnapf Group. Schoenherr reportedly advised the Fressnapf Group on the acquisition.
Dentons and Glatzova & Co Advise on GeneProof's Merger with ALPC
Dentons has advised GeneProof founders Radek Horvath and Milos Dendis on the company's merger with the American Laboratory Products Company, leading to the establishment of the ALPCO Group. Glatzova & Co and Sidley Austin advised the Silicon Valley Bank on financing the merger. Goodwin Procter and Schoenherr reportedly advised Ampersands, the owner of ALPC.
Schoenherr Advises on Red Bull’s Joint Venture with Teletest
Schoenherr has advised Red Bull and Arbeitsgemeinschaft Teletest (AGTT) on the establishment of a joint venture.
Trademarks: The Classification of "Virtual Goods" in Trademark Applications
Trademark professionals have noted growing interest in protecting trademarks for "virtual goods". This leaves trademark specialists as well as IP offices grappling with how to correctly classify these goods.
Schoenherr and Baker McKenzie Advise on ARZ's Sale to Accenture
Schoenherr has advised the sellers on the sale of ARZ Allgemeines Rechenzentrum to Accenture. Baker McKenzie advised the buyer.
New Special Taxes in Hungary To Improve the State’s Income
On 4 June 2022 the Hungarian government issued a decree introducing special taxes affecting several sectors, among others banking, insurance, energy, telecommunications and airlines.
Austrian Market Adapting to the New Realities of the Taxonomy
With the world slowly reaching what many scientists label “a point of no return” for climate change, countries worldwide are doing their best to combat environmental damage. To that end, the European Union has developed climate and energy targets for the upcoming decade, stating that it is “vital that we direct investments towards sustainable projects and activities.”
In Search of a New Energy Normal (Part 2) – What’s the Plan?
Energy prices have been a salient issue in CEE for the past year. Part 1 of this article covered just how high the energy prices had climbed in Bulgaria, the Czech Republic, Moldova, Montenegro, Poland, and Turkey, the impact of those prices on people, businesses, and governments, as well as the reasons why some countries fared better than others. Then Russia’s war against Ukraine changed everything, making a new energy pricing normal seem more distant than ever. In Part 2 we look at what energy experts believe could alleviate the situation and whether the war has impacted those plans.
Bulgaria: Contractual Set-Off as a Quasi-Security in Commercial and Financial Transactions
The Supreme Court confirmed parties' freedom to contractually modify any of the prerequisites for set-off under Bulgarian law, thus permitting various quasi-security arrangements in commercial and financial contracts that creditors may avail themselves of.
Hungarian National Bank and European Investment Bank Agree to Boost Green Financing
The European Investment Bank (EIB) will support Hungarian green financing with long-term forint-denominated loans. The cooperation agreement, which was entered into this May and allows the EIB to provide more fixed-rate long-term loans in Hungarian forints to the local economy, aims to boost sustainable economic and social growth, the post-pandemic recovery and climate action in Hungary. It is the EIB's response to growing market demand for local currency lending in EU Member States that are not part of the euro area.
Schoenherr Advises MedAustron on EIA for Treatment Room
Schoenherr has advised Austrian cancer treatment and research center MedAustron on the environmental impact assessment for the commissioning of a fourth treatment room.
Schoenherr and E+H Advise on Storyblok's USD 47 Million Series B
Schoenherr has advised Austrian scale-up Storyblok on its USD 47 million Series B financing round led by Mubadala Capital and HV Capital, with 3VC and Firstminute Capital also participating. E+H advised HV Capital on its investment.