CEE Legal Matters
In-depth coverage of the news and newsmakers that shape Europe's emerging markets
The Law on Management of Companies Owned by the Republic of Serbia (hereinafter: the Law) came into force on 16 September 2024 in full. This Law was adopted in accordance with the recommendations that the Republic of Serbia received from the International Monetary Fund in order to corporatization, improve management and change the legal form of enterprises in the Republic of Serbia.
The long-standing dispute between Illumina/GRAIL and the European Commission has now ended. The Court of Justice has set definitive limits on the broad interpretation of Article 22 of Council Regulation No. 139/2004 on the control of concentrations between undertakings.
Turunc has promoted Beste Yildizili Ergul and Naz Esen to Managing Associates and appointed them to Co-Head of Employment and Co-Head of Corporate Advisory teams, respectively.
Taylor Wessing has advised US-based Vintech Industries on its acquisition of parts of Rehau Automotive’s operations including its site in Jevicko, Moravia. Schoenherr and Gleiss Lutz reportedly advised Rehau Automotive.
Turunc has advised Groupe Atlantic on obtaining approval from the Turkish Competition Board for its acquisition of a 50% stake in Eneko Havalandirma. Moral advised Eneko Havalandirma on the sale. Prokon reportedly advised Groupe Atlantic as well.
JSK has advised PRE Group on its acquisition of SolidSun Group. Solid Legal reportedly advised the SolidSun Group.
B2RLaw has advised Kodano on a PLN 40 million investment from the Vinci Da Gama ASI fund. Destrier advised Vinci.
