DLA Piper's multi-office team has advised Inven Capital on an unspecified investment in Sweden's Eliq AB.
A European Parliament press release from the 22nd of June about agreement on the revised text of the directive on representative actions has raised hopes for the swift finalization of legislation on class actions (“representative actions” in European jargon) on an EU level. The directive, which is part of the new concept of consumer protection – the so-called New Deal for Consumers – was introduced more than two years ago, but due to the strong response to the first motion and the fact that bringing about European class actions is overall a tricky process, it is only this year that some significant progress has finally been made.
DLK Legal in Poland and Kinstellar in Hungary and the Czech Republic have advised Infosys on its EUR 30 million acquisition of GuideVision. Osborne Clarke’s offices in the Netherlands, United Kingdom, and Germany, Sorainen in Belarus, and Castren & Snellman in Finland, reportedly also advised Infosys on the deal. Havel & Partners reportedly served as GuideVision’s advisor in the Czech Republic.
The EU has been preparing for a substantial transition of its energy sector to address the urgency of climate change. The Czech Republic has proposed raising the share of its renewable energy sources (RES) in the gross final energy consumption from the current 15% (approximately) to 22% by 2030 to contribute to the EU-wide goal of obtaining 32% of gross final energy consumption from RES by the same year. This means there will be a focus on developing RES in the Czech Republic, and the Czech government also plans to substantially strengthen the role of nuclear energy while allowing the coal-fired energy to decline.