Boyanov & Co. has advised Silver Star Group on its acquisition of a group of assets and services related to the Mercedes distribution business in Bulgaria from Vienna Real Estate / Balkan Star Group. Penkov, Markov & Partners advised Balkan Star on the deal.
Fellner Wratzfeld & Partner has successfully represented OBB Infrastruktur in a dispute involving the Semmering tunnel -- one of the largest infrastructure projects in Austria -- as on June 21, 2017 the Austrian Supreme Administrative Court denied an appeal lodged by the environmental organization Allianz fur Natur and a citizens’ initiative in objection.
Sorainen Estonia has advised NEFCO, an institution established by the five Nordic countries to finance green investment projects in Eastern Europe, on its subscription agreement with BaltCap for a EUR 3 million equity investment in the EUR 100 million BaltCap Infrastructure Fund, which will focus primarily on investments related to renewable energy, energy efficiency, and transport, as well as social infrastructure projects in Estonia, Latvia, and Lithuania. BaltCap was advised by the Deca Legal law firm.
Musat & Asociatii is reporting that it gained an important victory for its client — the Cyane SRL real estate developer — in a dispute between the Cluj Napoca Local Council and the Association for Urbanistic Protection of Cluj involving the latter's attempts to have urban planning documents issued by the former related to the construction of a large real estate project (the Luminia residential complex) canceled.
The Esin Attorney Partnership in Turkey and Baker McKenzie's Paris office have advised a syndicate of 18 international banks on a EUR 212 million and USD 56.5 million 367-Day Dual Tranche Term Loan Facility extended to TSKB-Turkiye Sinai Kalkinma Bankasi A.S. (Industrial Development Bank of Turkey) to fund TSKB's project finance-related transactions and its customers' trade finance transactions. Yazici Legal advised TSKB on the loan.
Kochanski Zieba & Partners has the Infracapital infrastructure fund on its acquisition of 100% of the shares of gas infrastructure company Duon Dystrybucja S.A., a distributor of grid gas and LNG in Poland, from the Fortum Group. Norton Rose Fulbright advised the sellers on the transaction, which requires OCCP approval to be finalized. The final sale price was not disclosed.