CEE Legal Matters
In-depth coverage of the news and newsmakers that shape Europe's emerging markets
Chajec, Don-Siemion & Zyto has advised a private equity fund managed by Value Quest Sp. z o.o. on its acquisition of 100% shares in TTComm S.A., a prominent provider of satellite services in Central and Eastern Europe, from TTComm International B.V. The sellers were advised by Plopper & Partners, a US law firm.
Herbst Kinsky advised tecnet equity and eQventure Beteiligungsgesellschaft on their sale of the Austrian IT-company nxtControl GmbH to the French electronics group Schneider Electric. Jank Weiler Operenyi advised the buyers on the deal.
White & Case has advised Play Communications S.A. (Play) and its shareholders, Novator and Olympia, on the EUR 1 billion initial public offering of Play on the Warsaw Stock Exchange, which values the company at EUR 4 billion (PLN 16 billion). Play will be listed on July 27, 2017. Latham & Watkins advised the banks on the IPO, which is reported to be Europe's largest IPO in the telecommunications sector since June 2015, and one of the five largest Polish IPOs ever.
Kondracki Celej has advised Luma Ventures fund on a PLN 6 million investment in Datarino.
Nowadays, Electronic Commerce (“E-Commerce”) continues to rapidly become the platform where consumer habits are most consantrated. In line with rapid developments on technology, devices and online platforms are getting to know their users more closely.
The Law No. 5846 on Intellectual and Artistic Works ("IP Law") is the main legislation in Turkey that is applicable to copyright related matters. In early May, Ministry of Culture and Tourism’s General Directorate of Copyrights shared on their website a Draft Law Amending the Law No. 5846 on Intellectual and Artistic Works ("Draft Law") and announced that the proposed amendments are open for public opinion.
Primus has advised Polaris Invest and Com Holding, the shareholders of Cgates, the second largest cable operator in Lithuania, on the sale of a stake in the company to Livonia Partners. Cobalt advised Livonia Partners on the transaction, which is awaiting regulatory approval.
