22
Wed, Feb
54 New Articles

In accordance with the Central Credit Register Act (Official Gazette of the Republic of Slovenia, No. 77/16; "ZCKR"), the Bank of Slovenia established a centralised database of the indebtedness of private individuals and business entities (Central Credit Register; "CKR") in order to enable more efficient managing of credit risks and ensure more vigilant lending.

On 7 December 2016 the Slovak legislator adopted in a shortened legislative procedure the amendment to the Slovak E-Government Act (Zakon c. 305/2013 Z. z. o elektronickej podobe vykonu posobnosti organov verejnej mocia o zmene a doplneni niektorych zakonov v zneni neskorsich predpisov).

Storing and filing of emails often happens without much attention. While the employer does have a legitimate interest in information and control of the email traffic at the workplace, this can present a high degree of risk if employees are left alone with the responsibility of storing and filing emails correctly and appropriately.

On the evening of February 1, 2017, CEE Legal Matters hosted the first ever CEELM Budapest Law Firm Bowling Challenge: A competition of four-person teams from leading law firms in Hungary, with all proceeds to go to the winner’s charity of choice. A total of 13 law firms competed for the impressive trophy – and the glory that goes along with it.

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.

Technological innovation in financial markets continues its inexorable advance. Alternative payment methods (such as e-money and peer-to-peer payment), alternative finance (such as peer-to-peer lending and crowdfunding), blockchain-based clearing and settlement, new insurance models, and virtual currency exchanges are only a few of the recent developments endeavoring to make the financial system more efficient.

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. 

Michael Malloy, the Head of Intellectual Property and Technology for Russia at DLA Piper, first came to Russia in 1990, and he moved there for good in 1994. At DLA, where Malloy has been since 2008, he specializes in intellectual property and technology issues, and his work includes franchising, corporate law, media law, and technology transfers.

On July 26, 2016, a cross-section of eminent lawyers from leading law firms in Ukraine gathered at DLA Piper’s Kyiv office for a wide ranging Round Table conversation about the state of the Ukrainian economy and legal market and their expectations for both going forward.  

Romania’s key pieces of tax policy legislation, its Tax Code and Tax Procedural Code, were substantially amended by the version that entered into force on January 1, 2016, after intensive consultations with representatives from the business community.

Dorda Brugger Jordis has advised Petrus Advisers on the sale of approximately five million shares in Conwert to German-listed property company Adler Real Estate, which as a result increased its stake in the company to more than 25%. Adler was advised in Austria by DLA Piper and in Germany by Norton Rose Fulbright on the transaction, which was valued at approximately EUR 70 million.

On Tuesday, July 11, 2016, ten senior Romanian lawyers gathered at the Bucharest office of Wolf Theiss for a CEE Legal Matters Round Table to discuss the state of the Romanian economy, the Romanian legal market, and their expectations for the future.

Page 1 of 4

DLA Piper at a Glance

DLA Piper is a leading global business law firm with lawyers in the Americas, Asia Pacific, Europe, Africa and the Middle East, positioning us to help companies with their legal needs around the world. Our clients range from multinational, Global 1000, and Fortune 500 enterprises to emerging companies developing industry-leading technologies. We also advise governments and public sector bodies. DLA Piper has built a strong reputation and has developed a major presence in Central Eastern Europe. With close to 180 lawyers and over 30 partners in our offices in Austria, the Czech Republic, Hungary, Poland, Romania and Slovakia, we advise our clients – multinational, regional and domestic leaders in their fields – on all aspects of business law.  We have group member or relationship firms in Slovenia, Croatia, Bosnia and Herzegovina, Serbia, Montenegro, Albania, Bulgaria, Republic of Moldova, and Macedonia. Furthermore, DLA Piper has strong support in the Baltic states through relationship firms in Lithuania, Latvia, Estonia. Our cross-practice teams offer clients from various sectors specific, business-oriented legal solutions to both domestic and regional issues. 

Firm's website: http://www.dlapiper.com