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Moral & Partners has advised Taxim Capital on its investment in Yilpar. Cukur & Partners advised Yilpar and its shareholders.

Sobczynscy i Partnerzy has advisesd the Avallon MBO Fund on the sale of its stake in Ceko to the Polmek Group. Grabalski Kempinski i Wspolnicy reportedly advised the Polmek Group.

Schoenherr has advised Austrian scale-up Storyblok on its USD 47 million Series B financing round led by Mubadala Capital and HV Capital, with 3VC and Firstminute Capital also participating. E+H advised HV Capital on its investment.

Cerha Hempel, working with Stuttgart-based Hennerkes Kirchdoerfer & Lorz, has advised Germany's Ejot Group on its incorporation of a European Company.

Bernitsas Law, working with Baker McKenzie, has advised Gastrade on the EUR 280 million financing and development of the Alexandroupolis independent natural gas system project.

Integrites has advised Wartsila’s France-based Special Applications division on the bidding process and the agreement with Energoatom for the procurement of replacements for the safety backup of the nuclear power plant worth over EUR 2 million.

Greenberg Traurig has advised Panattoni on the acquisition of an undeveloped plot in Magnice, near Wroclaw. 

Djingov Gouginski Kyutchukov & Velichkov has advised Ukrainian professional tennis player Elina Svitolina on the incorporation and establishment of the Elina Svitolina Foundation in Bulgaria.

Pohla & Hallmagi has advised Restate on the sale of a loft-office commercial property in Tallinn to Infortar. The Luminor Bank provided transaction financing.

White & Case has advised the CTP Group on its recent acquisition of a Polish logistics project portfolio from 7R. Linklaters advised 7R on the sale.

CMS has advised Portugal's MGI Capital on the sale of Bezmer Energy to Philicon-97.

Nestor Nestor Diculescu Kingston Petersen has advised Marcos Provit on its EUR 8.5 million cross-border corporate bond issuance through a private placement under the coordination of CVI Dom Maklerski. Wolf Theiss advised CVI.

The Orban & Perlaki law firm has announced it partnered with UK-headquartered Gunnercooke, with the Budapest-based firm rebranding to OPL Gunnercooke.

Former Rymarz Zdort Partner Marcin Chylinski has joined the Baker McKenzie Warsaw office as a Partner and Head of the firm's Equity Capital Markets practice as of April 1, 2022.

Former Arzinger Law Office Partner Anna Zorya has joined Rymarz Zdort as Partner. She is joined by former Arzinger Associate Viktoriia Dobrynska.

Former Rymarz Zdort Partner Marcin Iwaniszyn has joined Baker McKenzie’s Warsaw office as a Partner and Head of its Banking & Finance practice.

Former Schoenherr Attorney-at-Law Ozren Kobsa has joined Krehic & Partners in cooperation with Deloitte Legal as Partner and Head of the Banking & Finance team.

Adriana Mierzwa-Bronikowska, Lukasz Jankowski, and Rafal Kluziak have been promoted to Local Partner, as part of DLA Piper’s recent promotion round that also included the recently reported promotion of Agnieszka Lehwark and Bartlomiej Palusiak to Partner (as reported by CEE Legal Matters on May 9, 2022).

Florian Stefan has been promoted to Partner at Vavrovsky Heine Marth attorneys at law. 

Partner and Head of Environmental practice Ewa Rutkowska-Subocz was appointed to Head of the Europe Public Law and Regulatory practice at Dentons. 

Former Counsel Marek Bomba has become a Partner in the Prague office of Eversheds Sutherland.

DLA Piper has announced that former Counsels Andra Trantea and Paula Corban-Pelin have been promoted to Local Partner with the firm’s Romanian office.

The former Environment and Project Development DWF team led by Zbigniew Kozlowski has spun off to establish the Kozlowski Tomasik Oszczak law firm, with Milosz Tomasik and Marcin Oszczak as co-founding Partners.

Former White & Case Partner David Plch has left the firm's Prague office to establish his own solo practice – The Law Office of David Plch.

At the initiative of the Ministry of Justice, the Hungarian National Bank and the Hungarian Bar Association, the Government adopted a Government Decree in April 2022 regulating in detail the payment of lawyers' deposits at financial institutions in the event of liquidation and winding-up proceedings. The Government Decree provides that in the event of the winding-up and liquidation of a financial institution, the provisions of the Bankruptcy Act, the Company Registration Act, the Act on Credit Institutions and Financial Undertakings and the Investment Firm Act shall apply with the additions and derogations included in the Government Decree.

Considering the environmental, social, political and economic developments, it is considered as a more profitable and efficient way for companies located abroad to employ foreign nationals in Turkey. If certain conditions are met, it is possible to meet the demands of companies in this direction. Persons who will work in Turkey are required to obtain a "work permit" in accordance with the rules and criteria set by the International Labor Law No. 6735.

Viruses affecting human body have been the hot topic of most conversations for over two years. However, the digital world is not spared from “viruses” which affect other aspects of human lives. Multiple malwares used for cyber-attacks are created to damage, disrupt, hack, or block a device and encrypt or lock data and can cause enormous damage both in the private and public sector.

AgiLawyer, May 23, 2022: In response to the situation in Ukraine, AgiLawyer s.r.o., in cooperation with the Czech law firm Holubová Advokáti, has established #UA.SUPPORT, an international pro bono platform that links Ukrainian refugees requesting legal help with appropriate lawyers.

The Joint Chambers of Civil Court of Cassation's ["Court of Cassation"] decision dated November 12, 2021 and numbered 2020/2 E. 2021/3 K. ["Decision"], put an end to the debate regarding the nature of cooperatives. The Court of Cassation concluded that cooperatives, which include partnerships such as consumption, production, credit, and building cooperatives shall be regarded as commercial entities.

Pursuant to Article 7, paragraph 1, item 12) of the Law on Standardization (Official Gazette of RS no. 36/2009 and 46/2015) (“the Law”), the Institute for Standardization of Serbia (“the Institute”) published on April 12, 2022, the Rules for obtaining approval for the use of the National Mark of Conformity with Serbian standards (“the Rules”).

The Turkish Medicines and Medical Devices Agency ("Agency") published the Guideline on License Application for Homeopathic Medicinal Products (“Guideline on Licensing”) and the Guideline on the Packaging, Homeopathic Medicinal Product Information, Legibility and Tracking of Homeopathic Medicinal Products (“Guideline on Packaging”)  on March 15, 2022. Both Guidelines are based on Homeopathic Medicinal Products Licensing Regulation (“Regulation”). Within the scope of the Guidelines, the Agency has started accepting license applications for homeopathic medicinal products through the website www.ebs.titck.gov.tr, as of April 1, 2022. 

In January 2022, the new Regulation (EU) 2021/2282 of the European Parliament and the Council of the European Union of 15 December 2021 on health technology assessment (the "HTA Regulation") entered into force on the territory of the European Union. The HTA Regulation aims to harmonize (but not to fully centralize) the currently fragmented procedure for assessing the health technologies of innovative medical therapies entering the European Union market in different European countries. The HTA Regulation shall begin to apply in stages from 12 January 2025 and the European Commission has already approved an implementation plan until that date, which includes mainly the establishment of the information resources needed for its operation, the creation of new supranational bodies to participate in the application of the Regulation and training of the competent national authorities.

Serbian Personal Income Tax Law and Serbian Corporate Income Tax Law, as well as the Serbian Law on Mandatory Social Insurance Contributions, prescribe tax and social insurance contributions related reliefs for companies that conduct activities of research and development in the Republic of Serbia.

On the 9th of March 2022, the Croatian Parliament adopted the amendments to two crucial Croatian laws – the Companies Act (ZTD) and Court Registry Act (ZSR). Most of the amendments to the ZSR entered into force on the 24th of March; two articles will be entering into force on the 1st of August 2022, and another one on the 1st of August 2023. Amendments to the ZTD are still to come into force, some on the 1st of June 2022, and others (the most significant ones) only on the 1st of August 2023.

More countries, that have, until recently, been considered the pandemic’s epicenter, are easing COVID restrictions. Serbia takes the same direction and cancels majority of COVID-19 related restrictive measures.

Over the recent years, digitalisation and digital services have been at the core of many innovative advantages for businesses and end users alike. These benefits range from online intermediation services to software application stores. This variety offers better and more efficient choices for users while increasing competition within the digital markets industry.

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Despite current geopolitical challenges and the related inflation and price hikes, the current situation in Greece is much better compared to the COVID-19 crisis, with increasing interest in the country's hospitality sector, according to Drakopoulos Partner Michalis Kosmopoulos.

On January 18, 2022, CEE Legal Matters reported that Tsvetkova Bebov & Partners had advised Dronamics Capital on its IPO and listing on the Beam market of the Bulgarian Stock Exchange. CEE In-House Matters spoke with Svilen Rangelov, Co-Founder and CEO at Dronamics Capital to learn more about the matter.