The Digital Operational Resilience Act (DORA), along with the NIS2 directive, is a crucial piece of European legislation aimed at strengthening cybersecurity within the EU. While NIS2 focuses on a broader range of critical sectors, DORA specifically targets the financial sector, establishing a robust framework to ensure that regulated financial entities can withstand, respond to and recover from disruptions and threats related to information and communications technology (ICT). DORA complements other EU regulatory frameworks by introducing standardised requirements for digital operational resilience, which financial entities must incorporate into their risk management strategies by its effective date of 17 January 2025.
KSB Advises Concens Investments on Financing of Ostrava Airport Multimodal Park
Kocian Solc Balastik has advised Concens Investments on financing phase II of the Ostrava Airport Multimodal Park project via Trinity Bank.
A&O Shearman and Norton Rose Fulbright Advise on Farm Frites Poland's PLN 98.6 Million Financing
A&O Shearman has advised Farm Frites Poland on a PLN 98.6 million (EUR 18 million) financing from Credit Agricole Bank Polska, Bank Pekao, BNP Paribas, and PKO Bank Polski. Norton Rose Fulbright advised the banks.
Clifford Chance Advises Nofar Energy on EUR 122 Million Loan for 315 MW Solar Power Plants in Romania
Clifford Chance has advised Nofar Energy via its Romanian entities Solis Imperium and RTG Solar Energy on a EUR 122 million term loan facility agreement and VAT facility agreement with the EBRD and Raiffeisen International.
Cobalt Advises NORD/LB and Swedbank on EUR 87 Million Financing for Aidu Wind Park
Cobalt, working with Watson Farley & Williams, has advised NORD/LB and Swedbank on the EUR 87 million financing for Aidu Wind Park’s development of 67.5 megawatts of the 75-megawatt Aidu wind farm in Estonia.
Tuca Zbarcea & Asociatii and Act Legal Advise on EBRD, Morphosis Capital Fund II, and CEECAT Capital's Investment in La Cocos
Tuca Zbarcea & Asociatii has advised Romanian entrepreneurs Gianina and Iulian Nica – owners of the retail chain operating under the “La Cocos” brand – on a strategic investment from EBRD, Morphosis Capital Fund II, and CEECAT Capital. Act Legal Romania, working with Mihaela Mindru Law Office, Bryan Cave Leighton Paisner, and Van Campen Liem, advised the investors.
A&O Shearman and Clifford Chance Advise on CRA's CZK 5 Billion Refinancing
A&O Shearman advises Ceske Radiokomunikace on a CZK 5 billion refinancing transaction arranged by Komercni Banka, Ceska Sporitelna, ING, Citibank, PKO Bank Polski, Raiffeisen Bank, and Tatra Banka. Clifford Chance advised the banks.