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.
Hungary’s Automotive Sector: Keeping an Eye on the Road
Heralded as a cornerstone of the national economy, the Hungarian automotive sector faces significant challenges but also promising opportunities. Baker McKenzie Partner Zoltan Hegymegi-Barakonyi, Lakatos, Koves & Partners Partner Adam Mattyus, Szecskay Senior Partner Judit Budai, and Kinstellar Sector Head and Senior Counsel Akos Nagy take a deep dive into the sector’s status amidst a backdrop of labor shortages, geopolitical shifts, and the government’s concerted efforts to continue growth and maintain global competitiveness.
Pekin Bayar Mizrahi and Esin Attorney Partnership Advise on Sincanli Tractor's Sale to TVH Parts
Norton Rose Fulbright affiliate law firm Pekin Bayar Mizrahi has advised the shareholders of Sincanli Tractor on the sale of shares to TVH Parts. Baker McKenzie's affiliate law firm of Esin Attorney Partnership advised TVH.
Paksoy and Esin Attorney Partnership Advise on Koton's IPO
Paksoy has advised Koton founding shareholders Yilmaz Yilmaz and Gulden Yilmaz on the company's IPO. Baker McKenzie Turkish affiliate Esin Attorney Partnership worked on the transaction as well.
The Corner Office: Skills of Tomorrow
In The Corner Office, we ask Managing Partners at law firms across Central and Eastern Europe about their backgrounds, strategies, and responsibilities. Given the dynamic and ever-evolving nature of the legal profession, we asked: What is the one critical skill that you’re investing time and energy in to develop within your team, and why?
The Latest Technological Advances in the Hungarian Code of Civil Procedure
The bill to amend the laws on justice was adopted by the Hungarian Parliament on 30 April 2024. The omnibus act amends a number of laws, including the Act on Notaries Public, the Act on Judicial Enforcement, the Act on the Organization and Administration of the Courts and the Code of Civil Procedure.
Paksoy and Esin Advise on Iyzico's Acquisition of Paynet
Paksoy has advised Iyzico on the acquisition of Paynet from Arena Bilgisayar. Baker McKenzie Turkish affiliate Esin Attorney Partnership advised the sellers.
Czech Republic Between Shortage and Shortfall: A Buzz Interview with Milena Hoffmanova of Baker McKenzie
Emphasizing the urgency of healthcare reforms in the Czech Republic – given acute supply issues and the need to address systemic challenges effectively – Baker McKenzie Partner Milena Hoffmanova underscores the importance of collaborative efforts between stakeholders to ensure sustainable and equitable healthcare delivery in the country.
Baker McKenzie Advises Lindsay on Investment in Pessl Instruments
Baker McKenzie has advised the Lindsay Corporation on its acquisition of a 49.9% stake in Austria-based Pessl Instruments, with an option to acquire the rest at a later date. HBA reportedly advised Gottfried Pess on the sale.
Did You Know: 12-Month Dispute Leaderboard in CEE
Did you know that, according to the Activity Rankings function of the CEELMDirect website, of the 88 law firm partners who have reported working on disputes in CEE over the past 12 months, only nine have reported working on more than one?
Karanovic & Partners Advises on Embracer Group Sale of Saber Interactive to Beacon Interactive
Karanovic & Partners has advised both parties on Embracer Group's sale of Saber Interactive to Beacon Interactive in a deal worth USD 247 million. Baker McKenzie reportedly advised the Embracer Group.
Kambourov & Partners Advises Triton Partners on Acquisition of Siemens Energy’s Trench Business
Kambourov & Partners, working with Latham & Watkins, has advised Triton Partners on local aspects of the carve-out and acquisition of Siemens Energy’s Trench high-voltage component business. Baker McKenzie advised Siemens Energy. White & Case advised a syndicate of banks and financial institutions on financing the acquisition.