Sylwia Zielezinska, Dominika Leszczynska, Jakub Adamski, and Mateusz Kotowicz have been promoted to Partner at Ro Radwan-Roehrenschef Petruczenko. The firm also shortened its name from the previously used Ro Radwan-Roehrenschef Petruczenko Tokarzewska.
Liabilities of E-Commerce Platforms in Light of Recent Court Decisions in Turkish Law
An intermediary service provider is defined in Law No. 6563 on the Regulation of Electronic Commerce ["E-Commerce Law"] as "natural or legal persons that provide an electronic environment where others can conduct financial and commercial activities.” Electronic commerce platforms such as n11, Trendyol, GittiGidiyor, and Amazon, which are among the most important actors of electronic commerce today, are included in this definition under our legislation. In essence, these platforms mediate the contract's conclusion and performance by bringing buyers and sellers together via the internet. In this article, the liabilities of e-commerce actors as "intermediary service providers" will be discussed in light of recent Court of Cassation decisions.
Joint Venture Competition and Merger Clearance – It's a Bit Different in Poland
From the Polish law perspective, clearance of a joint venture establishment is different as compared to the EU law perspective. In this article we shine light on these key differences.
Karol Brzoskowski Makes Partner, Four New Local Partners Announced at Greenberg Traurig in Warsaw
Karol Brzoskowski was appointed Partner, while Paulina Kimla-Kaczorowska, Barbara Pancer, Kamil Majewski, and Rafal Siwek have been promoted to Local Partners with Greenberg Traurig's Warsaw office, as of January 1, 2022.
Recent Legal Developments in Connection with Crowdfunding
The crowdfunding regulation of the European Union (Regulation (EU) 2020/1503 on European crowdfunding service providers for business, "ECSPR") entered into force on 10 November 2021, which was a long-awaited legal development both within the European Union and on the Hungarian market. Even the Hungarian National Bank suggested in its Fintech Strategy that a regulatory framework for crowdfunding would be essential to assist financing of SMEs and therefore, enhancing competitiveness on the Hungarian market. Prior to the ECSPR, there was no uniform crowdfunding regulation within the European Union and Hungary did not have a regulatory framework for crowdfunding; thus, the Hungarian National Bank had to assess such activity pursuant to the already existing rules. The ECSPR established a directly applicable and uniform regulatory framework aiming to facilitate cross-border provision of services. We summarize below the latest legal developments in connection with the ECSPR.
Turkey: Means to Acquire a Target
Although it is the first thing that comes into mind, share acquisition is not the only way to acquire a target. Turkish laws allow acquisitions to be completed through a number of other methods such as asset acquisitions, business acquisitions and merger, depending on preference of the buyer. This article will explain the processes for the acquisition methods concerning joint-stock and limited liability companies covering the requirements for valid acquisitions and matters to consider.
Nauris Grigals Joins Sorainen as Partner
Former TGS Baltics Partner Nauris Grigals has joined Sorainen as Partner and Co-Head of the firm’s Corporate and M&A practice.