White-collar crime has mainly been regulated by the Macedonian Criminal Code (“Code”) from 2004. Certain areas of responsibility that may render authorized persons criminally liable are also stipulated by other laws. We will focus on the main rules on white-collar crime provided by the Code, and certain liabilities provided by the Company Law that may trigger criminal responsibility for shareholders.
The Corner Office: The Million Dollar Question
In “The Corner Office” we ask Managing Partners at law firms across Central and Eastern Europe about their backgrounds, strategies, and responsibilities. With a rough year drawing to a close, and market uncertainties running high, the question this time: If you had a million dollars, what would you invest it in today?
Eversheds Sutherland and CMS Advise on Eika Real Estate Fund Acquisition of Celebro Building in Warsaw
Eversheds Sutherland has advised the Eika Real Estate Fund – represented by Eika Asset Management – on the acquisition of the Celebro office building in Warsaw from White Stone Development. CMS advised the sellers.
Nenad Kovacevic Makes Partner at CMS Belgrade
Senior Dispute Resolution Expert at CMS Belgrade and CMS Podgorica Nenad Kovacevic has been promoted to Partner.
CMS Partner Daniela Karollus-Bruner Elected to Board of Vienna International Arbitral Center of WKO
CMS Partner Daniela Karollus-Bruner has been elected to the Board of the Vienna International Arbitral Center of the Austrian Federal Economic Chamber.
Slovakia Ponders Its Politics: A Buzz Interview with Sona Hankova of CMS
Political uncertainty in Slovakia, with early elections likely to take place in September, has led to an overall slowdown of legislative work at the unfavorable time of a raging energy crisis, according to CMS Partner Sona Hankova.
Juraj Fuska Joins CMS Bratislava as Partner
Former Aldertree Legal Managing Partner Juraj Fuska has joined CMS’s Bratislava office as a Partner.
Did You Know: Early 2023 CEE Leaderboard
Did You Know that, according to the Activity Rankings function of the CEELMDirect website, nine law firms in Central and Eastern Europe got off to an exceptionally strong start in 2023, with five client matters or more reported on by CEE Legal Matters in the first month of the year alone?
CMS and Norton Rose Fulbright Advise on Lewandpol Hybrid Solar & Wind Farm Project and Financing
CMS has advised the Lewandpol Group on a project to build a hybrid solar and wind farm in Poland. Norton Rose Fulbright advised ING Bank Slaski, PKO Bank Polski, and mBank on a PLN 766 million senior secured financing for the project. Gessel reportedly advised a Polish Development Fund investment fund on providing a PLN 100 million subordinated loan.
Croatia: How the Pricing of Generics Affects Originators – A Case Study
The total consumption of medicines increased by 5% in 2021 compared to 2020. In financial terms, that is an increase of HRK 9.88 billion (or 17.4%) compared to 2020. Prescription-only medicines accounted for 92.9% of all consumption, while over-the-counter products accounted for 7.1%.
Croatia’s Euro-Vision
On January 1, 2023, Croatia will finally gain a much-coveted place in the eurozone club. Making the switch is a massive undertaking that will impact every person living and working in the Adriatic country. Eight Croatian legal experts share their insights on how the market will adapt, how the legislative framework will change, and who will stand to gain the most.
Unstoppable Force Meets Immovable Object: Green Claims in Pharma
The ascendant popularity of ESG across business sectors has also empowered the rise of its evil twin: greenwashing. To look at the interplay between the two and their implications for the pharma industry in CEE, we sat down with CMS Partners Gabriela Staber and Tomas Matejovsky.
CMS Advises Banks on Kernel Loan Postponement
CMS has advised a syndicate of banks led by ING Bank on the postponement of loan payments under the USD 450 million pre-export facility for Ukraine’s Kernel Group. Linklaters reportedly advised the Kernel Group. Allen & Overy reportedly advised Natixis, another lender.
CMS Advises EBRD on Loan to Stax Technologies
CMS has advised the EBRD on a EUR 10.8 million loan to Serbian machine manufacturer Stax Technologies.
CMS Advises 4iG on Vodafone Hungary Acquisition
CMS has advised 4iG on the acquisition of Vodafone Hungary together with Corvinus Nemzetkozi Befektetesi representing the Hungarian state. Slaughter & May reportedly advised Vodafone.
NKO Partners and CMS Advise on Emmezeta Acquisition of Real Estate from Delhaize
NKO Partners has advised Emmezeta on its acquisition of Novi Sad real estate from Delhaize. Petrikic & Partneri in cooperation with CMS advised the seller.
Tokushev & Partners and CMS Advise on Bulgarian CIF’s Investment in Barin Sports
Tokushev & Partners has advised the Capital Investments Fund – part of the Bulgarian Development Bank Group – on leading a EUR 2.2 million investment round into Barin Sports. CMS advised Barin Sports.
JSK Advises Genesis Capital and Avallon MBO Fund on Acquisition of TES Vsetin
JSK has advised Genesis Capital and the Avallon MBO Fund on their acquisition of TES Vsetin. CMS reportedly advised ARX Equity Partners on the sale.