Few topics have sparked as much controversy in 2024 as the seizure and examination of mobile data carriers and the data found therein. Despite an urgent need to have the legal framework amended by the end of 2024, a new draft bill was published only on 20 November 2024. We take a look.

CMS has advised Goldbach Group on the sale of Goldbach Austria to Azerion.

Brandl Talos, working with Bryan Cave Leighton Paisner, has advised Sportradar on the acquisition of the assets of XLMedia PLC's North American business for USD 30 million. Ashurst reportedly advised XLMedia.

Schoenherr has advised Seidel Hungaria Ingatlankezelo on its sale of an industrial asset located in Ajka, Hungary to Muszertechnika Holding. Molnar and Bereczky advised Muszertechnika Holding.

In The Debrief, our Practice Leaders across CEE share updates on recent and upcoming legislation, consider the impact of recent court decisions, showcase landmark projects, and keep our readers apprised of the latest developments impacting their respective practice areas.

CMS has advised 6 Degrees Capital and other investors on the EUR 5 million funding round for Nobilegroup. KPMG Law advised Nobilegroup.

Wolf Theiss has advised joint lead managers and bookrunners Raiffeisen Bank International and M.M.Warburg & Co on the exchange offer of bonds issued by UBM Development in 2019 and 2021 and on the subsequent cash subscription offer of the EUR 93 million 7% green bond 2024-2029. DLA Piper advised UBM Development.

Wolf Theiss has advised Veroniki Holding on the sale of Propangas to Doppler Beteiligungs.

Brandl Talos has advised DirectSens on the sale of its LactoSens biosensor technology to Kerry Group. Wolf Theiss reportedly advised Kerry Group.

Schoenherr has promoted Vienna-based Stefanie Aichhorn-Woess, Alfred Amann, Johannes Frank, Ayla Ilicali, Christoph Jirak, Sara Khalil, Sebastian Lukic, Johannes Stalzer, and Stefanie Stegbauer, Zagreb-based Kresimira Kruslin, Warsaw-based Daniel Radwanski, and Bucharest-based Nora Olah to Partner (already announced in August this year).

Wolf Theiss has advised joint lead managers Deutsche Bank, Hypo Noe Landesbank fur Niederoesterreich and Wien, and Raiffeisen Bank International on the Federal State of Lower Austria's issuance of EUR 500 million sustainable 3.125% bearer bonds 2024-2036. Fellner Wratzfeld & Partner reportedly advised the Federal State of Lower Austria.

Schoenherr has advised Knight Capital on leading a EUR 10 million financing round for Vienna-based company iDWELL that also saw existing investors Flashpoint Venture and Wecken & Cie participate. Schindler reportedly advised iDWELL.

Brandl Talos has advised shareholders AWS Mittelstandsfonds and founder Walter Nadrag on the sale of a 60% stake in Sico Technology to the Wietersdorfer Group. Bucher & Partner reportedly advised Walter Nadrag as well.

Nicolas Wolski has become the new Head of Tax at BPV Huegel, taking over from Partner Gerald Schachner.

Schoenherr and Madirazza & Partners have advised RP Global on Mirova's agreement to invest up to EUR 480 million in RP Global Energy. Clifford Chance reportedly advised RP Global as well. White & Case's Paris office reportedly advised Mirova. Spain-based Uria Menendez, Portugal-based Abreu Advogados, France-based LPA-CGR Avocats, Germany-based Chatham Partners, and the Italian office of DWF reportedly advised RP Global on the matter as well. 

Schoenherr has advised Aventario Group founder and sole owner Markus Kern on the sale of a majority stake in the company to Waldegg Equity Partners. Schindler advised the buyer.

Schoenherr has advised ImWind on the sale of two wind farms and one solar park to Wien Energie. E+H advised Wien Energie.

Schoenherr advises Tupperware Oesterreich on its restructuring proceedings without self-administration.