Schoenherr has advised Eurobank Greece on the sale of a commercial real estate asset in Iasi, Romania, to the real estate division of the Radacini Group.
Schoenherr Advises Allmyhomes on Joint Venture To Enter Austrian Market
Schoenherr, working with Raue, has advised Allmyhomes on establishing a joint venture with a consortium of Austrian real estate experts operating as Allmyhomes Venture Partner AT. Frimmel Anetter Schaal reportedly advised the consortium.
Romania: New Obligations Under the Deposit-Return System for Beverages Packaging
In 2021 Romania adopted its new legislative framework introducing a deposit-return system applicable to non-refillable primary packaging made of glass, plastic or metal with volumes between 0.1l and 3l inclusive, containing water, juice or alcoholic beverages ("DRS").
Wolf Theiss Advises OeBAG on Extension of Partnership with America Movil Regarding Telekom Austria
Wolf Theiss has advised Austrian state holding company OeBAG on the extension of its partnership with America Movil concerning Telekom Austria. Schoenherr reportedly advised Telekom Austria.
Bulgaria: Amendments to the Packaging Waste Legislation
New amendments to the packaging waste legislation were promulgated in the 100th issue of the Bulgarian State Gazette dated 16 December 2022. The amendments are in the Ordinance on Packaging and Packaging Waste (the "Ordinance") and are officially in force as of 20 December 2022.
Did You Know: Early 2023 CEE Leaderboard
Did You Know that, according to the Activity Rankings function of the CEELMDirect website, nine law firms in Central and Eastern Europe got off to an exceptionally strong start in 2023, with five client matters or more reported on by CEE Legal Matters in the first month of the year alone?
Bulgaria: Recent Life Sciences Developments
In this article, we will review some long-awaited changes in Bulgarian legislation, as well as one particularly interesting precedent from the Supreme Court of Cassation case law. These were the highlights of autumn 2022 and we expect them to influence the development of national legislation in the field of healthcare/life sciences and consumer protection.
Spend It All Before It’s Gone: Investment Safe Harbors in CEE
Considering the current state of affairs in CEE, market dynamics have shifted in terms of where investors are looking for safe investment opportunities, with some sectors seeing steadier capital flows and others struggling. Our experts chart the current hotspots and consider whether the markets are set to shift again.
Schoenherr Appoints Four New Partners and Five Local Partners Across CEE
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.