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CMS Reich-Rohrwig Hainz is announcing that lawyers Maja Zgajnar and Dunja Jandl are joining the firm's Slovenia office as Partners. The two lawyers focus on the fields of real estate, property, litigation and banking & finance.

Currently, one of the main issues in Slovenia is the ruling in late October 2016 of the Constitutional Court of Slovenia regarding constitutional rights violations suffered by investors in five major Slovenian banks when both their equity capital and the subordinated instruments were written off as a result of extraordinary measures exercised by the Bank of Slovenia between December 2013 and December 2014 as a result of the systemic banking crisis. 

In The Corner Office, we invite Managing Partners at law firms from across the region to share information about their careers, management styles, and strategies. For this issue, we asked them to describe the first major deal or client matter they generated themselves, and how they did it. 

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.

The South East Legal Alliance (SELA) has announced that Slovenian firm Kirm Perpar has joined it.

Selih & Partnerji, working alongside lead counsel Clifford Chance, has advised a group of Asian investors represented by United Luck Group Holdings Limited (led by Chinese businessman Ou Yaping), on their USD 1 billion acquisition of Outfit7 Investments Ltd., the app producing company established by Slovenians Iza and Samo Login, which is best known for its globally successful app Talking Tom and Friends. Taylor Wessing advised the sellers on the deal.

CEE Equity Partners, the Investment Advisor to the China Central and Eastern Europe Investment Co-operation Fund, has announced the completion of an investment by the Fund in Javna Razsvetljava d.d. and JRS d.d., which it describes as "market leaders in design and implementation of public lighting and signaling solutions, including Energy Service Company-based contracting, in Slovenia."

Selih & Partnerji is reporting that it advised Slovenia's Paloma d.d. on the equity capital increase into the company by ECO-Investment, a.s., (Czech Republic) in the amount of EUR 18.2 million at the price of EUR 4.01 per share. The equity capital increase procedure was conducted by Erste Group Bank AG and P&S CAPITAL, which served as financial advisors to Paloma.

ODI has advised domestic and foreign financial creditors on the EUR 35 million out-of-court financial restructuring of debtor Vipap Videm Krsko, the largest paper mill in Slovenia and a prominent newsprint manufacturer in CEE. 

Schoenherr, working with Italy's Legalitax firm, has advised Tecnopool S.p.A. on the acquisition of a 100% stake in Gopek d.d., the Slovenian holding company of the Gostol Group. The transaction, which entailed a block sale of shares held by over 100 (former) shareholders of Gopek, was signed and closed simultaneously on November 25, 2016 in Ljubljana. The parties agreed to keep the purchase price confidential.

In “The Buzz” we interview experts on the legal industry living and working in Central and Eastern Europe to find out what’s happening in the region and what legislative/professional/cultural trends and developments they’re following closely. Because the interviews are carried out and published on the CEE Legal Matters website on a rolling basis, we’ve marked the dates on which the interviews were originally published.

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Slovenia Knowledge Partner

ODI is one of the leading independent corporate law firms in South-Eastern Europe and one of the fastest growing in the region with a team of 40 lawyers which provides legal services to a wide range of premier clients, including local and multinational corporations and financial institutions.  With permanent presence in all ex-Yugoslavia countries by offices in Slovenia, Serbia, Croatia and Macedonia and working desks for Bosnia and Montenegro ODI provides seamless service in the region for all cross-border projects and prides itself on an unmatched understanding of the business cultures in the region. The 4 core practice areas are M&A, Corporate Restructuring, Banking Finance and Dispute Resolution. ODI team has a reputation for successfully managing large and complex multi-jurisdictional transactions, disputes and projects, and delivering outstanding outcomes for clients.

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

 

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