CEE Legal Matters
In-depth coverage of the news and newsmakers that shape Europe's emerging markets
While Lithuania’s fintech sector has emerged as a European powerhouse, the number of licensed companies has been decreasing, indicating a shift towards a more quality-focused approach. Cobalt Partner Akvile Bosaite, Motieka Head of Financial Services and Compliance Sigita Zavisiene, and Walless Partner Joana Baublyte-Kulviete take stock of the sector.
Clyde & Co has announced that it will open an office in Warsaw, following the hires of Partners Arkadiusz Krasnodebski, Agnieszka Kulinska, and Radoslaw Goral – alongside a team of 20 associates and counsel.
Attorneys-at-Law Wojciech Kulczyk and Krzysztof Sikorski have been elevated to Partner positions with WKB Lawyers at the start of 2024.
Recently, in the legal framework of Moldova was proposed a project regarding the modification of Standard Contractual Clauses (“SCCs”) for cross-border transmission of personal data that is meant to give a good refresh to the current regulation and ensure a better harmonization with the GDPR.
Greenberg Traurig has advised Cyfrowy Polsat on its series F bond issuance with an aggregate nominal value of PLN 400 million.
TGS Baltic has advised Impact Ventures on its EUR 1.2 million investment, together with Kendris Capital, in Naco Technologies.
Kondracki Celej has advised Telemedi founder Pawel Sieczkiewicz and the company’s investors on its sale to Mavie Next. Rymarz Zdort Maruta advised Mavie Next. Balicki Czekanski Gryglewski Lewczuk advised Telemedi investor Adamed Pharma on the sale.
