PRK Partners has promoted Daniel Vejsada, Jan Ditrych, Robert Reiss, and Shiyang Zhang to Associate Partners.
Legal Opinions in North Macedonia’s SEPA Credit Transfer Accession
North Macedonia’s formal accession to the Single Euro Payments Area (“SEPA”) marks a significant step toward deeper European financial integration. Following the European Payments Council’s (“EPC”) decision in early 2025 to extend SEPA’s geographical scope to include the Republic of North Macedonia, commercial banks and other payment service providers (“PSPs”) based in the country are now eligible to join the SEPA Credit Transfer (“SCT”) scheme. This milestone will enable citizens and businesses in the Republic of North Macedonia to send and receive euro payments under the same efficient and standardized conditions enjoyed across the SEPA area.
General Overview and Advantages of Insurance Arbitration
The insurance arbitration system is an alternative dispute resolution mechanism aimed at resolving disputes arising from insurance contracts more quickly and efficiently, without resorting to the courts.
Closing: Getin Holding's Sale of Idea Bank Ukraine to TAS Group Now Closed
On April 24, 2025, Sayenko Kharenko announced that Getin Holding's sale of Idea Bank Ukraine to TAS Group (as reported by CEE Legal Matters on October 25, 2024) has now closed.
Schoenherr Advises ID Energy Group on Financing of Biopark Dolice Biogas Plant
Schoenherr has advised ID Energy Group on the project financing for the Biopark Dolice biogas plant in Poland from mBank. CMS reportedly advised mBank.
CMS Advises EBRD on EUR 120 Million Loan to AFI Europe
CMS has advised the European Bank for Reconstruction and Development on a EUR 120 million regional loan to AFI Europe to support its development pipeline across Serbia, Poland, Romania, and the Czech Republic.
DSC Promotes Nina Mitterdorfer and Fabian Liebel to Partner
DSC Doralt Seist Csoklich has promoted Nina Mitterdorfer and Fabian Liebel to Partner.