CEE Legal Matters
In-depth coverage of the news and newsmakers that shape Europe's emerging markets
CMS has advised Central European Petroleum on the development of the Wolin East project, following CEP’s announcement of a discovery of oil and gas reserves in the Wolin East 1 well, located on Polish territory in the Baltic Sea.
CMS has advised Inter Europol on its acquisition of Pan-Pek from Enterprise VII private equity fund. Schoenherr advised the sellers.
CMS has advised BIG Poland on its acquisition of OTO Park Koszalin.
Kinstellar has advised Accolade on its acquisition of the Garbe Park industrial site from Garbe Industrial Real Estate, marking the company’s entry into the South Bohemian region. CMS advised Garbe.
CMS has advised a consortium of investors, including APG, on the spin-off of select designer outlet mall assets from the European Outlet Mall Fund into a newly formed pan-European joint venture valued at approximately EUR 3 billion.
Dentons has advised NEPI Rockcastle and its subsidiary NE Property on securing two revolving sustainability-linked credit facilities totaling EUR 290 million. CMS reportedly advised the lenders.
The Czech real estate market is experiencing its strongest periods since before the pandemic, with significant activity across hotels, retail, logistics, and offices, according to CMS Partner and Head of CEE Real Estate and Construction, Lukas Hejduk. Strong domestic capital, successful investment legislation, and high demand are driving the market.
CMS has advised Solia and Vineli JSCo on the sale of the 100-megawatt Vineli RE photovoltaic project located in General Toshevo municipality, Dobrich region, Bulgaria, to Metka EGN Solar 5.
CMS, working with BakerHostetler, has advised the Alpla Group on its acquisition of KM Packaging.
In The Debrief, our Practice Leaders across CEE share updates on recent and upcoming legislation, consider the impact of recent court decisions, showcase landmark projects, and keep our readers apprised of the latest developments impacting their respective practice areas.
Bulgaria’s energy sector has been undergoing deep and rapid reforms. The combination of the effects of the war in Ukraine and the related sanctions, the European Green Deal and the rapid decrease of investment costs for renewables, the commitments for a coal-free future, and the neighboring discoveries of natural gas in the Black Sea – all combined with the unprecedented support for nuclear energy – is putting Bulgaria on the global investment map.
In The Corner Office, we ask Managing Partners at law firms across Central and Eastern Europe about their backgrounds, strategies, and responsibilities. This time around, we dug deeper into a discussion point that came up during our last event: During our annual General Counsel Summit held in Prague recently, we’ve learned that even with the inflation in CEE having hovered around 14-20% in recent years, legal fees have remained static or have even decreased in some jurisdictions. Given that, how has your firm managed to consistently deliver high-quality service under these constraints?
CMS has advised Bitdefender on its agreement to acquire Mesh Security Limited.
CMS has advised Eleport on its market entry into Croatia and Slovenia.
CMS has advised REICO Long Lease on its acquisition of the LPP Distribution Center logistics facility in Bydgoszcz. Greenberg Traurig advised the unidentified sellers.
CMS has advised the founder of Fiskaltrust Consulting on a financing round that includes the entry of a new international majority shareholder. Moser Legal advised the undisclosed incoming investor.
CMS has advised Bruker Corporation on its acquisition of Biocrates Life Sciences.
Greenberg Traurig has advised private debt funds managed by CVI and Flexam Invest on the financing provided to CTL Logistics via a senior secured bond issuance. Wardynski & Partners advised Flexam Invest as well. Clifford Chance and CMS advised CTL Logistics.
CMS Sofia is a full-service law firm, the largest international law firm in Bulgaria and one of the largest providers of legal services in the local market as a whole. The breadth and depth of our practice means that our lawyers are specialised, with a level of specialisation that few of our competitors can match.
CMS Sofia is the Bulgarian branch of CMS, a top ten global legal and tax services provider with over 5000 lawyers in 43 countries and 78 offices across the world.
CMS entered the Bulgarian market as one of the first internationally active law firms in 2005 and is now among the most respected legal advisors in the country. We have 7 partners, 4 counsel and over 30 lawyers in our office in Sofia.
Our legal experts, who are rooted in Bulgaria’s local culture, can also draw on years of experience in foreign countries and are at home in several legal systems at once. We know the particularities of the local market just as well as the needs of our clients and combine both to achieve optimum solutions. Our lawyers are Bulgarian qualified and we also have English qualified experts – all of them regularly working on cross-border mandates.
In our work, we focus on M&A, Energy, Projects and Construction, Banking and Finance, Real Estate, Media, IP and IT law, Tax, Employment law, Competition, Procurement and any kind of Dispute resolution, including arbitration and mediation. What’s more, we also take care of the entire legal management of our clients’ projects.