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Baker McKenzie Budapest has assisted British multinational oil and gas company BP on the establishment of a shared service center in Szeged, Hungary, scheduled to open on September 26, 2017.

SPCG has successfully represented Termo Organika sp. z o.o. in a dispute with the Styrokon styrofoam manufacturer.

Squire Patton Boggs has won a victory for Frucona Kosice in the European Court of Justice, which denied an appeal brought by the European Commission regarding its decision to block Slovak Republic aid to the alcoholic spirits company.

Kinstellar’s Sofia antitrust team has advised the Linxens Group on the merger filing leading to the eventual approval by the Bulgarian Commission on Protection of Competition of its acquisition of the SIT Division of the Smartrac Group and on the antitrust aspects of the implementation of the deal.

DLA Piper has advised AviaAM Financial Leasing China (AviaAM) on the acquisition, financing, leasing, and delivery of eight Airbus A320 family aircraft for approximately USD 500 million.

Glimstedt has advised UAB Asseco Lietuva, an information systems integration company, on its acquisition of Saikas UAB, which provides information technology solutions for financial accounting and insurance business management.

Cobalt has successfully persuaded Lithuania's Supreme Administrative Court to reduce a fine imposed on client UAB Ministerium by the Lithuanian Competition Council from EUR 8000 to EUR 4000.

Asters has advised the ViDi Group on the restructuring of debt belonging to group companies ViDi Autocity Kiltseva and LLC ViDi Autocity from JSC Oschadbank, implemented in accordance with Ukraine's "On Financial Restructuring" Law.

Sorainen has advised Nasdaq on the merger of the central securities depositories of Latvia, Lithuania, and Estonia into the Latvian entity Nasdaq CSD SE and its obtaining of a license to operate under the new EU regime introduced by Central Securities Depositories Regulation No. 909/2014. This allows Nasdaq CSD SE to continue to operate as the central securities depository in each of the Baltic States under a new, more robust legal framework. 

Kinstellar has announced that Vladimir Policka has joined its senior team in Slovakia as Managing Associate and head of the local banking & finance and real estate practices.

Leadell Pilv has expanded its partnership with promotions of Senior Associates Merilin Ojasaar and Tambet Laasik in the firm's Tallinn and Tartu offices, respectively. 

Bulgaria's Dimitrov, Petrov & Co. has joined the SELA law firm alliance.

Budapest Local Partner Ioana Knoll-Tudor has moved to Jeantet’s Paris office to strengthen the firm’s international arbitration practice, particularly in the areas of commercial and investment arbitration.

DLA Piper has announced the establishment of a Brussels-based EU-Greek Practice.

Liechtensteinische Landesbank has hired Martina Neubauer to head its compliance function in Austria. 

Veolia Polska has hired Wojciech Dmochowski as its new Legal Department Director in Warsaw. 

Invitel Group has hired Balazs Fazekas as its new Director of Legal and Regulatory Affairs in Budapest. 

Akos Toth has joined Porsche Holding Gmbh as its new Country Compliance and AML Officer in Hungary. 

The international law firm Debevoise & Plimpton LLP presents a brief overview of the most significant developments in Russian legal regulation (including legislative initiatives) and court practice in the real estate, construction and infrastructure sectors in the first half of 2017.

The Constitutional Court of Hungary made a decision in July 2017 that the provisions concerning the applicability of tax registration procedure do not infringe the principle of non-retroactivity.

In order to ease the sophisticated and multifaceted disputes of today’s market; arbitration is started to become a widely selected resolution method also in Turkey similar to the global market; especially due to its concept of customizability, speed and efficiency. As each commercial transaction possesses a unique nature in terms of its components and conditions; the one who concludes complex transaction should be preferring arbitration; a tailor-made method of alternative dispute resolution. 

Foreigners acquiring ownership of agricultural land in the Republic of Serbia.

Preserving confidentiality is always a top priority for a successful business, especially if you have an advanced R&D department. Taking into account the need to freely transfer information on the one hand and the strict necessity to preserve the safety of personal data and databases on the other, the issue of confidentiality becomes even more important.

Leasing of employees – a situation in which employment agencies hire employees and act as their formal employers and then lease them to perform actual work for their client companies – has become a frequent phenomenon in Serbia the past few years. 

In the present economical context, which often favors the migration of the employees from one company to another, the only tool left for employers seeking to prevent em-ployees from working for competitors after leaving their companies is to include non-competition clauses in employment contracts.

Employment relationships require special protection both at European and national levels. Although largely enshrined in European legislation, those protections remain subject to modifications to ensure efficiency and security of the employment process. 

The National Assembly of Slovenia has adopted the new Transnational Provision of Services Act regarding the posting of workers (the “Act”). The Act, which is scheduled to come into force on January 1, 2018, implements European Enforcement Directive 2014/67/EU and imposes new conditions for employers posting workers to and from Slovenia.

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The primary Buzz in Kosovo at the moment, according to Kujtim Kervishi, Managing Partner at the Judex Law Firm in Pristina, relates to the increasing prospect of a new “vetting” of judges and prosecutors in the country.

In a recent and widely-reported decision of significance for employers across the European Union, the Grand Chamber of the European Court of Human Rights has reversed a previous decision of the Chamber and ruled that companies can monitor their employees’ email only if the employees are notified in advance.    

Who knows more about lawyers than other lawyers? In the Face-to-Face feature, we step back and allow private practitioners to sit down directly with in-house counsel to discuss their challenges, strategies, and solutions. 

On June 20, 2017, CEELM reported that mBank sold its majority shares in housing project company mLocum to another housing company called Archicom S.A. in Poland. We reached out to Monika Powroznik, Deputy Director for mBank, to enquire about the cooperation with her external counsel on this specific sale.