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Majernik & Mihalikova has advised private investor Patrick Hessel on his investment into AeroMobil, a Bratislava-based developer of flying cars. White & Case advised AeroMobil co-founder Stefan Klein on the deal, while co-founder Juraj Vaculik was represented by the Carpathian Advisory Group. The size and value of Hessel's stake in the company was not disclosed.

“The Slovak economy is, surprisingly, experiencing good times,” says Tomas Rybar, Partner at Cechova & Partners in Bratislava, despite political turbulence due to lasting issues relating to corruption and some of the xenophobic and anti-immigrant attitudes that have arisen in the country in recent years – as they have across Europe – and the rise of the far-right.

Konecna & Zacha has announced the launch of a new section for German speaking clients both in Prague and Bratislava with other offices to follow soon. The German Desk will be led by Partner Achim Jahnke, who joins from Dvorak Hager & Partners.

Since former Of Counsel of Taylor Wessing Bratislava Lucia Zitnanska was appointed Slovak Minister of Justice in April 2016, the legislative changes prepared by her department have primarily been driven by the practical need to improve the enforceability of law and increase the importance of e-communication tools. To those ends, two major reforms concerning debt enforcement will enter into force in the first half of 2017.

Taylor Wessing has advised Warimpex Finanz- und Beteiligungs Aktiengesellschaft on the partial sale of its hotel portfolio to the Thai investor U City Public Company Limited. CHSH and Hogan Lovells advised U City on the transaction, which included participations in eight hotels in the Czech Republic, Poland, and Romania, two of which are partly (50%) owned by UBM Development AG.

BPV Braun Partners has advised the Austrian Raiffeisenlandesbank Niederoesterreich-Wien AG in extending a credit facility of EUR 32 million for the development of the new Einsteinova business center in Bratislava. Ruzicka Csekes advised the borrowers: Austrian real estate company S Immo AG and local partners KRON Real s.r.o. and SJP Invest, s. r. o..

CMS, working alongside Sidley Austin, has advised Mid Europa Partners on its sale of Alpha Medical, a prominent provider of laboratory testing services in the Czech Republic and Slovakia, to Unilabs. The sale price was not disclosed. Baker & McKenzie reportedly advised Unilabs on the the transaction, which remains subject to customary clearance by local competition authorities and is expected to close in Q2 2017.

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