Clifford Chance has advised KKCG's IT pillar on the integration of the acquisition debt, following the acquisition of Avenga Group, into the group's umbrella financing.

The Parliament of the Republic of Serbia recently adopted amendments to the Law on Payment Services (“Law”) that will start to apply from 6 May 2025 (“Amendments”). By the Amendments, the Law is harmonised with the EU’s PSD2. The key goal of the Amendments is the enhancement of innovations on the market and securing increased competition and transparency in the area of payment services, as well as better protection of payment services users and payment security. Below we provide an overview of the main novelties brought by the Amendments.

Bogdan Plesuvescu has worked in both Moldova and Romania’s banking sectors, progressing from a legal role at Banca Transilvania to CEO of Viktoriabank to Deputy CEO back at the “mother organization.”

Bernitsas has advised Helleniq Energy Holdings and its subsidiaries, Hellenic Petroleum and EKO on EUR 1.5 billion financing with Alpha Bank, Eurobank, Piraeus Bank, and the National Bank of Greece. 

Baker McKenzie’s Turkish affiliate law firm Esin Attorney Partnership, working with Covington & Burling, has advised ACWA Power on the debt and ownership restructuring of its Turkish affiliate ACWA Guc. Paksoy and Milbank reportedly advised the lenders.

Nestor Nestor Diculescu Kingston Petersen has advised Aaylex One on a EUR 20 million loan facility granted by a syndicate of banks.