The 2017 CEE Legal Matters General Summit took place at the Intercontinental Hotel in Warsaw on June 1-2, 2017, once again bringing together well over a hundred General Counsel and Heads of Legal from across Central and Eastern Europe for two full days (and one entertaining evening) of seminars, panel discussions, best practices review, and networking. This year’s event — the third annual, following the 2015 GC Summit in Budapest and the 2016 GC Summit in Istanbul — was the biggest and most successful yet.
On May 31 and June 1, 2017, CEE Legal Matters was proud to host a rare event: A gathering of those senior lawyers from each Central and Eastern European country identified by peers as being most influential, most important, most uniquely responsible for having created the country’s modern commercial legal market.
Fellner Wratzfeld & Partner has advised the former owners of GREENoneTEC Solarindustrie GmbH on the sale of their majority stake in the company to China's Haier Group. Weber & Co. and White & Case advised the buyers on the transaction, which was completed at the end of May, approximately two years after the start of the sales process.
Wolf Theiss has advised the Vienna Insurance Group as issuer and Erste Group as arranger, sole lead advisor, and bookrunner on VIG's issuance of a EUR 250 million 3.5% tier 2 subordinated bond to run from 2017 to 2027.
A new European law firm alliance with a substantial CEE presence has appeared on the legal scene. The new Act Legal alliance (branded in lower-case, as "act legal") consists of founding members AC Tischendorf (in Germany), BSWW (in Poland), MPH (Slovakia), Randa Havel Legal (Czech Republic), Vivien & Associes (France), and WMWP (Austria).
Schoenherr is representing Cubic (London) Limited and core shareholders including San Gabriel Privatstiftung and T.R. Privatstiftung on the sale of their controlling stake in C-Quadrat Investment AG to the Chinese conglomerate HNA Group (Hong Kong) Co., Limited. C-Quadrat is an independent asset manager listed on the Vienna Stock Exchange.
Wolf Theiss has advised Aachener Grundvermogen on its purchase of a commercial property on St. Stephen's Square in the city center of Vienna from Julius Meinl Versicherungsservice & Leasing Vermogens‐ und Finanzierungsberatung G.m.b.H. DLA Piper Weiss-Tessbach advised the sellers on the deal.
Herbst Kinsky has provided Austrian legal advice to the Hofmann Menu Group on refinancing by an international banking consortium headed by The Governor and Company of the Bank of Ireland and UniCredit Bank AG as Joint Global Coordinators. The transaction volume amounts to EUR 200 million. Latham & Watkins was global counsel to the Hofmannsmenu Group.
Thomas Anderl has been made Partner at Wolf Theiss, where he specializes in Construction law in the firm's Real Estate & Construction practice group.
SCWP Schindhelm has advised Erwin Bernecker and Josef Rainer — the founders of Bernecker + Rainer Industrie-Elektronik Gesellschaft m.b.H. — and two foundations established by Bernecker and Rainer (the Bernecker Privatstiftung and Josef Rainer Privatstiftung, respectively) on the sale of their shares in the company to the ABB group.