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CMS has advised ING in connection with a USD 30 million loan to the Astarta Group, a sugar and agricultural production and an industrial milk producer company in Ukraine, for its export operations. 

Dentons has advised Skanska on the sale of the Wroclaw Green2Day office building to Niam. The buyers were advised by Linklaters. 

The Warsaw office of Noerr has advised PFR Life Science, a subsidiary of the Polish Development Fund, which supports infrastructure and advanced technology projects, on its PLN 38.3 million investment in Mabion S.A., a biotechnology company in Poland. Mabion was represented by White & Case.

Cobalt has represented AS Cits Medijs pro bono in a trademark dispute with SIA Zurnals Ir Nauda involving the registration of the Ir Nauda mark.

Dorda worked alongside lead counsel Latham & Watkins in advising Swiss private equity investor Capvis on its acquisition of a majority stake in the Amann Girrbach-Group. Baker McKenzie advised the seller, investment company TA Associates. Financial details were not disclosed, and closing remains subject to merger clearance.

BDK Advokati has represented journalist Slobodan Georgiev against the publisher and the editor-in-chief of the Informer, a daily Serbian newspaper.

Asters has advised China Machinery Engineering Corporation, a Chinese state-owned construction and engineering company, on its entrance into a contract with DTEK, a Ukrainian private power producer, for the construction of a solar power plant. DTEK was advised by Dentons Ukraine. 

The Minsk office of Egorov Puginsky Afanasiev & Partners has advised Nordic Aviation Capital on its aircraft lease with the national Belarusian airline, Belavia.

HBK Partners has advised MKB Bank on the sale of its non-performing retail mortgage loan portfolio, secured mostly by residential mortgages, to MKK Hungarian Debt Management Company. Sarhegyi and Partners has advised MKK Zrt. on the acquisition. The face value exceeded EUR 300 million.

Kateryna Oliinyk, Head of Arzinger's IP practice, has been promoted to Partner.

Former DLA Piper Legal Director Oleg Matiusha has joined Kinstellar’s Kyiv office as Counsel and Head of Real Estate.

Jelena Aleksic has been promoted to Partner at JPM Jankovic Popovic Mitic.

Romanian law firm Biris Goran and PrivacyOne, a boutique firm specialized in legal advice on personal data protection, will join forces to provide consolidated advisory services in the field of personal data protection.

Agnieszka Besiekierska has returned to Noerr's Warsaw office to lead its Digital Business Practice Group.

Interlegal has opened a representative office in London, led by Alberto Batini.

Former Sayenko Kharenko IT group coordinator Mykyta Polatayko has joined Aequo, where he will head that firm's IT industry group.

Five CEE lawyers — Eleanor Johnson, Tomas Osicka, Piotr Staniszewski, Konstantin Tretyakov, and Marketa Tvrda — are part of Dentons worldwide partnership round, which included 36 lawyers overall. 

Wierzbowski Eversheds Sutherland has been joined by Anna Derdak, who will head the Warsaw firm’s tax practice and join its M&A team.

As of April 2018, California will allow fully autonomous cars to be tested without safety drivers on public roads. One interesting question in this context is whom to blame for damages caused by artificial intelligence or machine learning systems? We took a look at this under Austrian law:

Fighting cartels in public procurement requires 21st century tools. The Hungarian Competition Authority (GVH) and the Public Procurement Authority of Hungary (KH) cooperate to promote fair competition in public procurement procedures. KH runs a mobile application named “Daily public procurement”, which serves as a news channel, providing daily updates for the parties interested in public procurement. The app is available both on iOS and Android free of charge from May 2017.

On the basis of the information published by the Hungarian Ministry of National Economy, the National Tax and Customs Office (in Hungarian: NAV) has introduced a paper-free, online audit system.

(A) Foreword

The genesis of the Single Statement Form 212 was tumultuous. Its appearance was not the result of an organic, natural process of simplifying the process of determining taxes and duties, of declaring and collecting them, but rather one of compromise solutions to end the many hesitations and tax measures hard to understand even by professionals.

The Law on the Amendment of Certain Laws for the Improvement of the Investment Environment No. 7099 (“Law”) was published in the Official Gazette last month (March 10, 2018) and introduced significant amendments to various laws, including the Turkish Commercial Code No. 6102 (“TCC”), the Tax Procedural Law, the Law on Legal Fees and the Law on Movable Property Pledges in Commercial Actions.

As of 1 January 2018, a new government decree (Decree) entered into force on the detailed regulations of the commercial activities of condominium managers, real estate managers, real estate agents, property evaluators and agents. In case of providing such activities on a commercial basis, the real estate company supervisor authority, i.e. the district and the county government offices or the notary of the municipality of the competent town must be notified. The content of the notification is also detailed by the new provisions.

A new official electronic register for general power of attorney has been established and is operating from 1 January 2018. The general POAs can be submitted in civil litigation and non-contentious cases and in administrative court procedures. The registration must be initiated at the competent regional courts. The register is not public, however it is available free of charge to the courts and other authorities, as well as to the parties concerned. The register is maintained by the National Office for the Judiciary (in Hungarian: “OBH”). 

According to a recent amendment to the Hungarian act on the general rules of electronic administration and confidential services and to its implementing decree, all state organisations providing electronic administration, including all the courts and the National Office for the Judiciary (in Hungarian: “OBH”), must ensure the electronic communication in all matters falling within their competence.

Reading newspapers in Austria these days one could get the impression that we are in the middle of a financial crisis. Each week another Austrian company seems to be in financial difficulties – or worse – filing for insolvency. But when taking a closer look at the individual insolvency proceedings, things are not as bleak as they seem.   

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“Right now in Austria, most of the activity revolves around the GDPR, because of its upcoming deadline,” reports Axel Anderl, Managing Partner and Head of IT/IP and Data Protection at Dorda.

Linda Szegvari is the Chief Legal Counsel of MET Hungary, an energy trading company that was established in 2007. The company is a subsidiary of the MET Group, which is present in 28 markets.

On January 8, 2018, CEE Legal Matters reported that the X5 Retail Group had acquired a supermarket chain operating under the "O’Key" brand in Russia. Later we learned that the acquired supermarket chain was LLC Razvitiye Malykh Formatov. We invited Tatiana Sumarokova, Head of M&A Legal Support Division at X5 Retail Group, to share her thoughts on X5's cooperation with external counsel in the transaction.