22
Thu, Jun
71 New Articles

Comprehensive Review in Bulgaria

Hristo Nihrizov, Partner at Dimitrov, Petrov & Co., reported that the Bulgarian TV and radio markets are dominated by three big, established operators in the country. There are some new international players (e.g., Bloomberg recently launched a new business-oriented channel with a local partner), but Nihrizov noted that these new channels usually face an uphill battle in carving out market share and generally focus instead on niche markets. Overall, though, he pointed to a growing number of channels in the country, “which is good for the consumers.”

"We simply don’t want to see a Bar that is owned by a handful of firms," was the explanation offered by Aleksandar Cvejic, Board Member and Secretary of the Board of the Belgrade Bar Association in support of the controversial draft bylaws submitted for a vote at the upcoming assembly of the Belgrade Bar on September 24, 2016.

Bit by bit the first wave of expatriate lawyers that helped CEE and CIS legal markets transition from the chaotic end of communism to the (more or less) functioning capitalist present subsides, as one by one those lawyers retire and withdraw. Now comes the announcement that Baker & McKenzie Partner Dan Matthews, who played a formative role in the firm’s Moscow, Baku, and Istanbul offices, will be retiring and returning to the United States on July 1, 2016.

We take the opportunity to review the career and contributions of Matthews, one of CEE’s undisputed Building Blocks

Twenty years ago I graduated from law school in sunny California, passed my bar exam, got on a plane, and came to Eastern Europe as a bright-eyed young lawyer. What I thought would be a six-month sojourn turned into over a decade of living in the region and considerably more time working throughout it.

Three new codes of procedures will become effective in Slovakia on July 1, 2016, all of them having been passed by Parliament as early as May 21, 2015. In terms of importance and scope, the adoption of these new codes represents the largest law reform since Slovak independence.

This past year has exposed our practice to a number of new challenges. To some extent, this somehow mirrored the relatively more pronounced dynamics of the Slovak economy. Ours is a law office that, owing to its size and experience, has the ability to specialize in individual areas of law, and the preceding year was characterized by a higher number of industry-specific cases compared to the past. In particular, this involved attractive project applications, restructuring and financing cases, and corporate transactions, as well as immovable property and dispute cases.

“The guys in the Central European group were a really collegial group and we really enjoyed what we did and truly felt we were making a difference, and we had good clients, and the results were really gratifying. So it was a very good, unique core group of people who were fully committed to Central and Eastern Europe at a historic time.” – Obie Moore

This March marks the 70th anniversary of Sir Winston Churchill’s famous speech at a college in Fulton, Missouri, USA, when he uttered the memorable phrase: “From Stettin in the Baltic to Trieste in the Adriatic, an iron curtain has descended across the continent.”

Tark Grunte Sutkiene and Varul's Estonia office have signed a memorandum of understanding to tie up and, in their words, "form a stronger Baltic partnership.” Going forward, Tark Grunte Sutkiene — which will continue to operate under that name — will employ over 140 lawyers across the Baltics.

Women’s Day is behind us, but the subjects of gender equality and equal opportunity are of year-round concern. This, the first part of a special two-part CEE Legal Matters article on women in private practice in CEE, provides the numbers and percentages from leading law firms across CEE, as well as a more thorough snapshot of one representative market. Part II of the report, in the June issue, will pull back the curtain even more, providing feedback and perspectives from lawyers across the region.

In May, 2015, Vasil Kisil & Partners announced that disputes specialist Andriy Stelmashchuk had been elected the firm’s new Managing Partner – becoming the first Managing Partner who was not among the venerable firm’s founders. The change coincided with the introduction of what the firm described as “a new corporate identity,” which the firm claimed reflects “the firm’s development strategy and key values of the brand: a national law firm operating to Western standards and leading the changes and innovative solutions.”

Page 3 of 5