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.
Legal Monitoring Report for the period of 01 April 2024 - 14 May 2024
This legislative monitoring report covers the introduction of new rules regulating public procurement in international relations, the adoption of the Free Trade Agreement between the Republic of Moldova and EFTA member states, the introduction of new rules regulating trademarks from 2027, the adoption of the regulation on audiovisual content. The document also provides for the approval of the regulation on the environmental management of mercury waste, the adoption of the law on hunting and the protection of game resources, the implementation of the national programme for the development of creative industries "Creative Moldova" for the years 2024-2027, as well as the optimisation of the use of industrial parks.
Closing: Sanok Rubber Company's Acquisition of BSP Bracket System Polska Now Closed
On May 20, 2024, JDP announced that Sanok Rubber Company's acquisition of BSP Bracket System Polska (reported on by CEE Legal Matters on May 17, 2023) has now closed.
New Ruling of Supreme Court of Cassation Recognizes the Right of a Co-Managing Partner to Act as an Ad Hoc Representative
The Supreme Court of Cassation of the Republic of Bulgaria recognized under "exceptional circumstances," the right of an active partner in a limited liability company to act as an ad hoc representative. This decision references to Articles 6 and 13 of the European Convention for the Protection of Human Rights and Fundamental Freedoms (ECPHRFF) and the case law of the European Court of Human Rights (ECHR).
Schoenherr Advises Fiberhome on Hungarian Business Setup and Industrial Site Acquisition
Schoenherr has advised Chengdu Datang Communication Cable on the establishment of its Hungarian subsidiary, Zettanet Kft., and the acquisition of a 25,000-square-meter industrial site in Kisber from Sumitomo Electric Wiring Systems Limited. Sole practitioner Zsolt Fuesthy advised the sellers.
BPV Huegel Advises on Strabag and Porr Acquisition of Vamed Group's Austrian Operations
BPV Huegel has advised Strabag SE on its acquisition, together with Porr AG, of the technical operations management and construction projects divisions of the Vienna General Hospital, including the Austrian project development business and thermal spa holdings in Austria, from the Vamed group. KPMG Law reportedly advised Porr AG. Latham & Watkins reportedly advised Vamed AG and its majority owner, Germany's Fresenius.
Rymarz Zdort Maruta Advises Meko on Acquistion of Elit Polska from Rhiag – Inter Auto Parts Italia
Rymarz Zdort Maruta has advised Meko on its acquisition of Elit Polska from Rhiag – Inter Auto Parts Italia, a member of the LKQ Corporation group. Soltysinski Kawecki & Szlezak reportedly advised Inter Auto Parts Italia.