SOG / Samardzic, Oreski & Grbovic acted as local Serbian counsel to the Danaher Group regarding Serbian aspects of the spin-off of the Fortive Corporation as a company independently traded on the New York stock exchange.
Eversheds Saladzius is representing SM VII B.V., a company incorporated under the laws of the Netherlands, on its acquisition of 100% of the shares in the Estonian company AS Starman from shareholders Baltic Cable Holding OU, Com Holding OU, and Polaris Invest OU. The firm represented SM VII during the acquisition process and have drafted the notification to Competition Council requesting for competition clearance for the proposed acquisition.
Norton Rose Fulbright has advised ING Bank, a branch of ING-DIBA AG, on a loan facility made available to Hines Poland Sustainable Income Fund for the acquisition of a logistics portfolio in Poland from NBGI Private Equity. Clifford Chance advised Hines on both the financing and the acquisition, while Dentons advised NGBI on the sale.
Zivkovic Samardzic has successfully represented Vojvodjanska Banka a.d. Novi Sad before Serbia's Supreme Court of Cassation in civil proceedings related to a bank guarantee issued by the bank’s legal predecessor to Moscow Investment Bank (MIB) as collateral for a USD 3 million loan granted to petrochemical plant HIP Pancevo.
CMS has advised MOL Plc. (“MOL”), the integrated international oil and gas company headquartered in Budapest, on a EUR 615 million revolving credit facility provided by a group of ten banks. Dentons advised the banks on the facility, which was coordinated by BNP Paribas and Erste Group Bank AG, with Erste Group Bank AG acting as the Facility Agent.
Poland’s Spaczynski, Szczepaniak i Wspolnicy law firm has advised Dirlango Trading & Investments Limited on private equity fund Innova Capital’s investment into Dirlango portfolio companies Netsprint S.A. and LeadR Sp. z o.o. consisting of the acquisition and subscription for a total of 48% of their shares. Weil, Gotshal & Manges advised Innova Capital on the deal.
Chajec, Don-Siemion & Zyto (CDZ) and the Polish Society of Anti-Discrimination Law (PSADL) have signed a cooperation agreement under which CDZ will provide legal support free of charge in cases related to human rights, and in particular to providing legal protection against unwarranted unequal treatment.
Musat & Asociatii has announced that the Administrative and Fiscal Litigation Division of the Romanian High Court of Cassation and Justice (HCCJ) has ruled for client Electrolux Romania on its appeal of a decision of the Competition Council to sanction the company by civil fine of over RON 9.8 million.
BBH has announced that is has acted as advisor to Allianz Pojistovna, a.s. in connection with its merger with two Wustenrot insurance companies (Wustenrot Pojistovna, a.s. and Wustenrot, Zivotni Pojistovna, a.s.) with the two Wustenrot entities being merged into Allianz Pojistovna. According to BBH, this is the first-ever merger of three insurance companies in the Czech Republic.
DZP has advised the owners of DCC Labs, a Warsaw-based company which designs solutions for digital television and the Internet, on their sale of the company to American SeaChange International Inc. The transaction closed on May 6, 2016, and SeaChange paid approximately USD 8 million in cash and SeaChange stock for DCC Labs.
Baker & McKenzie SCP (Paris) and Esin Attorney Partnership (Istanbul), a member firm Baker & McKenzie International, have advised Commerzbank and a syndicate of international banks on their extension of a multi-tranche term loan facility to the Industrial Development Bank of Turkey (TSKB). YaziciLegal was the borrower’s counsel.