On 16 August 2024, new rules for the registration of geographical indications in Ukraine came into force ("Rules"). In accordance with Order of the Ministry of Economy of Ukraine No. 16370 dated 09.07.2024, the Rules establish requirements for the registration of geographical indications for agricultural goods, food and alcoholic beverages.
Ukraine: Introducing Construction Licensing for Non-residents Under the Simplified Procedure
On 16 August 2024, the Resolution of the Cabinet of Ministers of Ukraine as of 9 August 2024 No. 925 ("Amending Resolution") became effective and introduced amendments to the Resolution of the Cabinet of Ministers of Ukraine as of 18 March 2022 No. 314 "On Certain Issues of Ensuring of Carrying Out Commercial Activities During Martial Law" ("Resolution on Simplified Licensing Procedure").
Baker McKenzie Represents Kosovo Telecom in Swiss Rules Arbitration and in Front of Swiss Supreme Court
Baker McKenzie has successfully defended Kosovo Telecom in a Swiss Rules Arbitration against a Kosovar company reselling its mobile credit as well as in the subsequent challenge of the award at the Swiss Supreme Court.
Esin Attorney Partnership Advises ACWA Power on Debt and Ownership Restructuring of Turkish Affiliate ACWA Guc
Baker McKenzie’s Turkish affiliate law firm Esin Attorney Partnership, working with Covington & Burling, has advised ACWA Power on the debt and ownership restructuring of its Turkish affiliate ACWA Guc. Paksoy and Milbank reportedly advised the lenders.
DWF Advises Roomies Studentliving Poland on Student Housing Portfolio Acquisition from 6B47
DWF has advised Roomies Studentliving Poland on its acquisition of a student housing portfolio from 6B47 Real Estate Investors. Baker McKenzie reportedly advised 6B47.
Baker McKenzie, Esin Attorney Partnership, White & Case, and GKC Partners Advise on Erdemir's USD 950 Million Senior Notes Issuance
Baker McKenzie and its Turkish affiliated firm Esin Attorney Partnership have advised Eregli Demir ve Celik T.A.S. (Erdemir) on its issuance of USD 950 million 8.375% senior notes due 2029. White & Case and its Turkish affiliated firm GKC Partners advised the managers.
2024-2025 Action Plan on Artificial Intelligence Strategy Published
In line with the recent developments across the world, the National Artificial Intelligence Strategy 2024-2025 Action Plan (“Action Plan“) was published, prepared in cooperation with the Presidential Digital Transformation Office of the Republic of Türkiye and the Ministry of Industry and Technology, and in line with the opinions of various public and private actors and nongovernmental organizations (“NGOs“), to advance Türkiye’s framework on artificial intelligence practices and strengthen its global position in terms of artificial intelligence.
Freshfields and Baker McKenzie Advise on Assa Abloy's Acquisition of Skidata
Freshfields Bruckhaus Deringer has advised Assa Abloy on the acquisition of Skidata from the Kudelski Group. Baker McKenzie, working with Hogan Lovells, Holding Redlich, and Lenz & Staehelin, advised the Kudelski Group.
White & Case, GKC Partners, Baker McKenzie, and Esin Advise on Ulker Biskuvi's USD 550 Million Sustainability-Linked Eurobond Issuance
White & Case and its Turkish affiliate law firm GKC Partners have advised Ulker Biskuvi on its USD 550 million Eurobond issuance. Baker McKenzie and its Turkish affiliate law firm Esin Attorney Partnership advised the bookrunners including J.P. Morgan Securities, Merrill Lynch International, Emirates NBD Bank, HSBC Bank, and Rabo Securities.
Binder Groesswang and Baker McKenzie Advise on NKMS Holding's Acquisition of Gienanth Group Austrian and Czech Subsidiaries
Binder Groesswang has advised NKMS Holding on the acquisition of Austrian and Czech subsidiaries of the German-based Gienanth Group. Baker McKenzie advised Gienanth Group.
E+H and Baker McKenzie Advise on Ligand Pharmaceuticals Incorporated's Acquisition of Apeiron Biologics
E+H, working with McDermott Will & Emery, has advised Ligand Pharmaceuticals Incorporated on its acquisition of Apeiron Biologics. Baker McKenzie advised Apeiron's shareholders. Dorda reportedly advised Apeiron.
Data Protection Laws and Regulations in Ukraine
Contributed by Baker McKenzie.
Baker McKenzie, Esin, A&O Shearman, and Gedik & Eraksoy Advise on Akbank's USD 500 Million Sustainability Notes Issuance
Baker McKenzie and its Turkish affiliate Esin Attorney Partnership have advised Akbank on the issuance of USD 500 million senior unsecured sustainability notes due in 2030. A&O Shearman and its Turkish affiliate Gedik & Eraksoy advised the joint bookrunners.
Claudia Fochtmann-Tischler, Daniel Orosz, Desiree Prantl, and Robert Wippel Make Partner at Baker McKenzie
Former Counsels Robert Wippel, Desiree Prantl, and Claudia Fochtmann-Tischler and former Senior Associate Daniel Orosz were promoted to Partners at Baker McKenzie as part of the firm's 2024 promotions round.
Cakmak and Esin Advise on EBRD's EUR 25 Million Financing to Cimsa
Cakmak has advised the EBRD on its EUR 25 million financing to Sabanici Holding subsidiary Cimsa. Baker McKenzie's Turkish affiliate Esin Attorney Partnership advised Cimsa.
Ukraine: The Appeals Chamber of the Ukrainian National Office for Intellectual Property and Innovations Has Resumed Operations
On 18 June 2024, by Order of the Ukrainian National Office for Intellectual Property and Innovations ("UANIPIO") No. 93/2024, the personnel of the Appeals Chamber of the UANIPIO ("Appeals Chamber") was approved. Notwithstanding the challenges associated with the war, the Appeals Chamber has resumed work.
Ukraine: Cabinet of Ministers Updates Rules on Reservation of Persons Liable for Military Service
The Cabinet of Ministers of Ukraine issued Resolution No. 650 on "Some Issues with Reservation of Persons Liable for Military Service during Martial Law", dated 5 June 2024 ("Resolution"), which came into force on 8 June 2024.
Baker McKenzie Advises Worthington Enterprises on Joint Venture with Hexagon Composites
Baker McKenzie has advised Worthington Enterprises on the USD 10 million sale of 49% of Worthington’s Sustainability Energy Solutions business segment to Hexagon Composites forming a joint venture with Hexagon Composites. Saxinger, Chalupsky & Partner reportedly advised Hexagon.