Nestor Nestor Diculescu Kingston Petersen has assisted MedLife on increasing its syndicated loan by EUR 50 million, reaching a total financing amount of EUR 330 million. Legal Ground advised the banking syndicate involved.
CMS Advises Consortium of Czech Banks on New Club Financing for NET4GAS
CMS has advised a consortium of Czech banks including Komercni Banka, Ceska Sporitelna, UniCredit Bank Czech Republic and Slovakia, and Vseobecna Uverova Banka on a new term loan facility for NET4GAS. Dentons reportedly advised the borrower.
Hungary’s New Non-Performing Loans Rules: What Market Players Need to Know
In recent years, the European Union has paid special attention to the management of non-performing loans (NPLs), as these loans significantly impact the economic and financial stability of member states. As part of this effort, (EU) Directive 2021/2167 was introduced, which member states were originally required to implement into national law by 29 December 2023. However, in Hungary, the draft law aimed at implementing the directive was only presented to Parliament in March 2025.
Romania: Debts of Up to EUR 10,000 Now Easier To Collect
Good news for companies seeking to collect debts from Romanian business partners: the Romanian Parliament has recently passed a draft law amending the threshold value for the country's small claims procedure.
Martin Seda Joins CME as Group Legal and Compliance Director
Former Home Credit International Chief Legal & Compliance Officer Martin Seda has joined CME as Group Legal and Compliance Director.
Carmen Redmann-Wippel Makes Partner at Taylor Wessing
Taylor Wessing has promoted Carmen Redmann-Wippel to Partner as part of its latest promotion round.
Papapolitis & Papapolitis Advises Evropi Holdings on Acquisition of Europa Insurance
Papapolitis & Papapolitis has advised Evropi Holdings on the acquisition of a 65% stake in Europa Insurance.