Bulgaria's economic landscape appears to be evolving rapidly, driven by a proactive government and a series of long-overdue legislative reforms, according to Kinstellar Partner Nina Tsifudina. From changes in the available company forms to alignment with EU regulations and the anticipation of eurozone integration – all these keep the country’s markets buzzing, with movements in the banking and telecommunication sectors leading the charge.
Hule Bachmayr-Heyda Nordberg Advises on Wintersteiger Group Restructuring
Hule Bachmayr-Heyda Nordberg has advised the Wintersteiger Group on its restructuring where the company's sports, woodtech, seedmech, and operations divisions were spun off into four subsidiaries, with the parent company being renamed as Wintersteiger Holding AG.
Bankruptcy Procedure Adapted for Martial Law
Law of Ukraine “On Amendments to the Bankruptcy Code of Ukraine on the Application of Bankruptcy Procedures during the Period of Martial Law” No. 3249-IX dated 13 July 2023 (“Law”) entered into force on 29 July 2023.
Kocian Solc Balastik Advises Prazska Plynarenska Group on Intra-Group Restructuring
Kocian Solc Balastik has advised the Prazska Plynarenska group on its intra-group restructuring and the creation of a new holding structure.
Personal Bankruptcy Reimagined: A Fresh Start for North Macedonia's Debtors
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.