In the realm of legal matters in the Republic of North Macedonia, the concept of "bankruptcy for individuals" that exists in Western countries is completely unknown. Here, a person burdened with debt could find themselves perpetually trapped, facing an ever-growing debt that seems impossible to escape.
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.
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.
David Ilczyszyn Joins Rovenska & Partners as Partner in Prague
Former White & Case Counsel David Ilczyszyn has joined Rovenska & Partners in Prague as a Partner in early July 2023.
Johannes Feilmair, Karoline Hofmann, and Stefan Jeitler Make Partner at E+H
Johannes Feilmair, Karoline Hofmann, and Stefan Jeitler have been appointed to Partner positions with E+H in Austria at the beginning of July 2023.
A Closer Look: Wolf Theiss' Matthias Schimka on the EUR 2 Billion Financing for the Benteler Group
On May 22, 2023, CEE Legal Matters reported that Wolf Theiss, working with Milbank, had advised the initial purchasers and lenders on Salzburg-based Benteler Group’s capital market debut issuance and loans amounting to over EUR 2 billion. CEELM reached out to Wolf Theiss Partner Matthias Schimka to learn more about the matter.
AP Legal Advises Serbia's AOFI on Sale of NPL Portfolio to EOS Matrix
AP Legal has advised the Serbian Export Credit and Insurance Agency on the sale of an NPL portfolio to EOS Matrix.