AP Legal has advised a syndicate of banks including Eurobank Direktna, NLB Komercijalna Banka, and OTP Bank Srbija on an EUR 34.5 million loan to Hillside.
Musat & Asociatii Advises Tecadra Hotels on Accor Partnership
Musat & Asociatii has advised Tecadra Hotels on its partnership with the Accor Group for the complete transformation and expansion of the Tecadra Hotel in Bucharest.
Hungary's Land Registry System Enters the 21st Century
On 15 June 2021, the Hungarian Parliament passed Act C of 2021 on Land Registration that was supposed to enter into force on 1 February 2023. As this deadline neared, it became evident that neither private citizens, companies, lawyers nor authorities were adequately prepared for the change.
Kinstellar, Karanovic & Partners, and AP Legal Advise on Evelixon Acquisition of Grand Wind Park from Windvision
Kinstellar has advised Evelixon Trading Limited on its acquisition of the Grand Wind Park project company from Windvision Serbia Holding and the subsequent sale of a 50% stake in Grand Wind Park to MK Green Energy Limited. Karanovic & Partners advised Windvision. AP Legal advised MK Green Energy.
NKO Partners Advises on Achiona and Triglav Joint Venture
NKO Partners has advised Achiona on its joint venture with Triglav to develop 20,000 square meters of office space in Belgrade.
Czech Republic: The Contractor's Liability for the Wage Claims of its Subcontractors in the Construction Industry
On 1 January 2024, an amendment to the Labour Code came into force that introduces final liability of the construction contractor for wage claims filed by third parties against its subcontractors. This includes wage claims from any employment agencies, up to the amount of the statutory minimum wage for each employee engaged in activities for the subcontractor.
Berechet Rusu Hirit Successful for NextE in Striking Down Restrictive Land Usage Interpretation in Romania
Berechet Rusu Hirit has successfully represented photovoltaic project developer and operator NextE in overturning a 2022 document issued jointly by Romania's notary public union and national cadaster agency that limited the development of renewable energy projects on collectively held land in rural areas.