Clifford Chance has advised Heimstaden Bostad AB on the EUR 1.3 billion acquisition of Residomo's residential portfolio, which consists of move 42,000 residential units, primarily in the Moravia-Silesia region of the Czech Republic.
Worried about COVID-19? During the outbreak, it is challenging for patients to seek in-person medical care. Self-quarantine is an important tool in managing disease transmission, especially among patients who are vulnerable to the risk of infection. This is where telemedicine becomes essential to ensure that patients have access to medical care and to boost community support. In times of a global public health emergency like the COVID-19 outbreak, healthcare systems should lean on remote medical check-ups, e-prescriptions and postal delivery of medicines in situations of quarantine and to tackle the further spread of the disease. Healthcare systems should expand beyond traditional healthcare tools and leverage existing telehealth tools to direct people to the proper level of healthcare for their medical needs (both to address their medical condition and to screen for COVID-19). Moreover, state administrations should make a historic effort to at least temporarily lift restrictions on telehealth usage (where such exist) to assist in the efforts to reduce patients' exposure to the virus and to ensure public health and safety.
The acquisition of a sports club is definitely a specific process in many respects and requires preparation on several fronts. This article takes a closer look at one of the first steps to undertake before acquiring a sports club, namely legal due diligence. Along with the areas usually checked, one must pay attention to several specific areas stemming from the specific characteristics of the sport (and each type of sport has not only its own considerable further specifics, but also its own unique risks).
Kinstellar has helped Qatar-based QTerminals obtain merger control approval from the Antimonopoly Committee of Ukraine for the appropriation of assets belonging to the State Enterprises Stevedoring Company Olvia and the Ukrainian Sea Ports Authority, both in Mykolaiv, which enable stevedoring activities in the Specialized Sea Port Olvia.
Schoenherr has advised Kommunalkredit Austria AG, the arranger and original lender, on Czech and Slovak acquisition financing provided to Enery Development for the acquisition of six 21 MW solar power plants in the Czech Republic and two 4 MW solar power plants in the Slovak Republic from Czech fund Green Horizon Renewables. CMS reportedly advised Enery and Badokh reportedly advised Green Horizon Renewables.
Schoenherr, in cooperation with BonelliErede, advised Covivio on the acquisition of eight luxury hotels in Europe from Varde Partners, a global alternative investment firm, for EUR 573 million. Varde was reportedly advised by Italian firms Gianni Origoni Grippo Cappelli and Partners and Ludovici Piccone and Partners.
On February 7, 2020, the German federal competition authority prohibited Facebook from combining user data with data from its other services (WhatsApp, Instagram etc.) and third party webpages. The authority also questioned the legality of the consent to this processing, which is a condition to using Facebook. What impact will this have on Facebook and other companies, which based their business model on processing of their users’ personal data?