CEE Legal Matters
In-depth coverage of the news and newsmakers that shape Europe's emerging markets
The National Water Resources Protection Map, required for the licensing of domestic and agricultural wells under the amendment to the Water Management Act, has been completed and is available on the website of National Water Directorate (in Hungarian: “Országos Vízügyi Főigazgatóság”). This Protection Map will play a central role in the future licensing of domestic groundwater wells.
Havel & Partners has advised the Sekyra Group on its acquisition of the remaining land in the vicinity of the Smichov railway station in Prague from Ceske Drahy.
Wolf Theiss has advised CVI on subscribing to all the bonds issued by Romania's Impact Developer & Contractor in a recent corporate note issuance worth EUR 8 million. Nestor Nestor Diculescu Kingston Petersen reportedly advised the issuer.
White & Case has advised the Trinity Bank on its acquisition of the Na Prikope 33 office building in Prague.
Act Legal BSWW has advised Victoria Dom in obtaining the approval of the Financial Supervision Commission for the company's second public bond issuance program prospectus, for an up to PLN 200 million public offering of bearer bonds.
Vavrovsky Heine Marth has successfully represented the Bodner Group in proceedings before Austria's Constitutional Court regarding the development plan and building permit for the Quadrill urban development project in Linz, challenged as unconstitutional by one of the project's neighbors.
On 1 October 2023, the amendments of the new Land Registry Act entered into force and as a result, the Act will enter into force only on 1 October 2024, instead of the date of 1 February 2024 already postponed from the initial date of 1 February 2023.
