Bernitsas Law has advised Piraeus Bank on its EUR 500 million issuance of senior preferred 2028 bonds and their listing on the Euro MTF market of the Luxembourg Stock Exchange.
Payment Services Directive 3 – Shaping the Path for Future Payments in the EU
On 28 April 2023 the European Commission ("Commission") put forth a proposal (Link) to revise Directive (EU) 2015/2366 (Payment Services Directive, "PSD2"), which was adopted on the EU level in 2015 and transposed into Austrian law by the Payment Services Act (Zahlungsdienstegesetz 2018 – ZaDiG 2018).
Peter Tutsch Joins Fieldfisher in Vienna as Partner
Former Vavrovsky Heine Marth Attorney at Law Peter Tutsch has joined Fieldfisher as the fifth Partner in its new Vienna office, on July 3, 2023.
Motieka Helps Gera Dovana Obtain PSD2 Limited Network Exclusion
Motieka & Audzevicius has advised Gera Dovana on obtaining a limited network exclusion approval from the Bank of Lithuania under the narrowed scope of the PSD2 Revised Payment Services Directive.
Gergely Stanka Joins Dentons as Litigation Partner in Budapest
Former Burai-Kovacs, Perlaki, Stanka, Szikla & Partners Managing Partner Gergely Stanka has joined Dentons in Hungary, along with a team of seven lawyers, as a Partner in the firm's Litigation, Dispute Resolution, and Arbitration practice on July 1, 2023.
Bernitsas Law Advises BNY Mellon on Senna Securitization
Bernitsas Law has advised note and security trustee Bank of New York Mellon on the securitization of the Senna Portfolio of non-performing loan receivables originated by Piraeus Bank through the issue of non-listed and non-rated single-tranche notes by Senna NPL Finance DAC.
Cobalt Advises Enery Group on Swedbank Financing for New Solar Park
Cobalt has advised the Enery group in obtaining funding from Swedbank for the construction of a new solar park.