CEE Legal Matters
In-depth coverage of the news and newsmakers that shape Europe's emerging markets
Lawyers are keeping busy with new legislation, dispute resolution, and technology work in Hungary, while transactional work and FDIs show a marked slowdown, according to DLA Piper Hungary Country Managing Partner Andras Posztl.
Ellex has advised official Mercedes-Benz representative Veho Lietuva on its acquisition of Lithuanian auto body repair company Auto Bodyshop. The Juridiniai Sprendimai law office advised UAB Vitvela on the sale.
Kinstellar, working with William Fry and Simpson Thacher & Bartlett, has advised human capital management cloud company UKG on its acquisition of payroll provider Immedis.
The Legal Monitoring Report deals with amendments to the Law on Joint Stock Companies and the Compulsory Licensing Mechanism, ratification of the Agreement on the Transportation of Goods, and approval of Legal Framework on Cuber Security, the FISCALIS Agreement and Ecolabel Regulations.
After a record deal value in 2022, the outlook for M&A in Hungary for 2023 remains positive despite several risk factors. What are they and what could compensate for them? What other factors could have an impact on the current trends?
Cobalt has advised the Linas Agro Group on its acquisition of Grybai LT from Auga. Walless advised Auga.
Schoenherr has advised Kinnarps Hungary on leasing its new office and showroom headquarters in the Agora Hub Office from HB Reavis. OPL Gunnercooke advised HB Reavis.
