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Dorda Brugger Jordis has advised the Czech SAZKA Group in increasing its indirect stake in Casinos Austria AG to 34% by its acquisition of the shares of UNIQA Beteiligungs-Holding GmbH and Leipnik-Lundenburger Invest Beteiligungs AG in Medial Beteiligungs GmbH. The transaction is subject to Austrian antimonopoly and international gaming approvals and will be completed as soon as such approvals are obtained. UNIQA was advised by Schoenherr on the deal, and LLI was advised by Wolf Theiss.

Austrian dispute resolution firm Knoetzl has announced the addition of three new lawyers, including new Partner Teresa Bogensberger, who joins from Eversheds International.

Partos & Noblet, the associated Budapest office of Hogan Lovells, working with Grama Schwaighofer Vondrak Rechtsanwalte in Austria and Rowan Legal in Slovakia, has advised South Africa's JSE-listed Accelerate Property Fund on the acquisition and financing of a portfolio of nine retail warehouse properties tenanted by OBI subsidiaries from the Supernova Privatstiftung group. Supernova was advised by Dorda Brugger Jordis with Slovak law advice provided by Cechova & Partners.

CHSH has announced the January 1, 2017 launch of its new Real Estate & Construction department.According to CHSH, "the department's primary focus is on national and international construction projects and real estate transactions, project development, rental and lease agreements, real estate disputes, claims management and construction litigation."

The aspect of the choice of law governing an agreement in view of mandatory rules of a jurisdiction other than that of the governing law but to which a transaction is somehow connected has become relevant in a number of pending derivatives litigation cases across various European jurisdictions.

Compared to its popularity in Anglo-American countries, crowd investing – which enables broad groups of investors to fund start-up companies and small businesses in return for equity – is still very young in Europe. If a crowd-invested business succeeds, then its value increases, as does the value of a share in that business. Neither banks, venture capitalists, angel investors, or other resources can fill the financing needs of start-up companies. Crowd investing can help to bridge this substantial financing gap. 

Allen & Overy has advised SGL Carbon SE, a leading global manufacturer of carbon-based products and materials based in Wiesbaden, Germany, on the conclusion of a syndicated revolving credit facility with a syndicate of banks advised by Freshfields. Binder Groesswang advised SGL Carbon on matters of Austrian law, with Burness Paull advising the company in Scotland, Viera de Almeida & Associados in Portugal, and Baker & McKenzie in the United States.

Baker & McKenzie has assisted Amundi Immobilier in obtaining the first license for the marketing of a foreign real estate investment fund to private investors in Austria under the Alternative Investment Funds regime. The OPCIMMO fund, managed by Amundi Immobilier, was introduced in France in 2011. Now, it will be offered to private investors in another country for the first time. 

Freshfields Bruckhaus Deringer has advised UBS AG on the combination of most of its European wealth management business into UBS Europe SE, a European company headquartered in Frankfurt am Main. UBS Europe SE was established through the cross-border merger of its Italian, Spanish, Luxembourg, Dutch, and German wealth management activities. With the merger taking effect on December 1, 2016, UBS Deutschland AG as the absorbing entity was converted into an SE.

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