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.
Wolf Theiss has advised McArthurGlen, a developer, owner, and operator of designer outlet centers in Europe and Canada, on matters relating to the expansion of its center in Parndorf.
Schoenherr has advised Austrian Raiffeisen Bank International AG (RBI) on its merger with unlisted Raiffeisen Zentralbank Oesterreich AG (RZB). RZB was advised by bpv Hugel.
SCWP Schindhelm has advised the Wopfinger Group on the acquisition by group member Baumit Beteiligungen GmbH of 100% of the shares in w&p Baustoffe GmbH from Wietersdorfer Group. Closing of the deal remains contingent on the authorization of Austria's Federal Competition Authority. The Wietersdorfer Group's team was led by in-house lawyers Bruno Nagele and Daniel Schutzenauer.
DLA Piper is providing pro bono support to the Austrian breast health foundation, which focuses on independent breast cancer research.