CEE Legal Matters
In-depth coverage of the news and newsmakers that shape Europe's emerging markets
Recently, Law No 414/2023 on the conduct of representative actions for the protection of the collective interests of consumers (hereinafter Law 414/2023 or the Law), transposing Directive 2020/1828/EU on representative actions for the protection of the collective interests of consumers and repealing Directive 2009/22/EC (hereinafter Directive 2020/1828), entered into force.
Effective April 2024, former LCF Law Group Partner and Head of International Arbitration Yuliya Atamanova has joined JSC CB PrivatBank as a Legal Counsel and the head of the bank's International Arbitration and Cross-Border Litigation Department.
The reasoning behind the draft laws not included in the laws those provisions from the EU regulations that can be applied only by the member states of the European Union, as well as those that prescribe obligations only for the member states, is questionable.
The most recent promotion round at CMS saw 54 lawyers promoted to the firm's partnership ranks, including Austria-based Daniela Kroemer, David Kohl, Florian Mayer, Kai Ruckelshausen, Lukas Peissl, Marlene Wimmer-Nistelberger, and Sonja Otenhajmer, Bulgaria-based Jenia Dimitrova, Hungary-based Agnes Solyom, Eszter Torok, and Katalin Horvath, and Poland-based Tomasz Sancewicz.
Schoenherr has successfully represented Societatea Energetica Electrica in a long-term contentious administrative case with a stake worth EUR 46 million against Romania's state and public resource management auditor.
Magnusson has successfully represented Albrecht & Dill Trading in having its claim accepted as part of the bankruptcy proceedings against Erst Finance, Albergrupp Teenused, and Omul-Fot, in bankruptcy.
BBH has successfully represented the Diamo state-owned enterprise in a dispute concerning its obligation to perform a contract worth over CZK 1 billion.
