RTPR Allen & Overy has advised Prime Kapital on the sale of a real estate portfolio to MAS Real Estate for EUR 112.97 million. Reff & Associates — the Romanian office of Deloitte Legal — advised the buyers on the deal, which involves nine retail centers with a total surface of 67,959 square meters, located throughout Romania.

Ellex Latvia has advised Silverlake Axis Ltd on the acquisition of 80% of the equity interest in SIA X Infotech Group. Deloitte Legal advised Novaltisco Investments Limited, a shareholder of SIA X Infotech Group, on the sale.

Former Dentons Counsel Marton Kertesz has become the new leader of Deloitte Legal Erdos and Partners Law Firm’s Labor Law and Compliance team in Budapest.

Deloitte Legal has been registering impressive growth in the CEE region. CEE Legal Matters sat down with Andrei Burz-Pinzaru, Head of Deloitte Legal in Central Europe, to learn more about what fueled the development of Deloitte’s legal services function and what the firm’s plans are for the future.

We aim to analyze herein the implications of a long-term activity performed by a data protection officer (DPO) answering to questions including: Can the data protection officer, whether employed or outsourced, be sanctioned when it is established that the company is in breach of data processing rules? If yes - when, by what means and to what extent?

Romania's Reff & Associates, a member of the Deloitte Legal network, has advised Patria Bank on the sale of a portfolio of non-performing loan receivables with a total nominal value of RON 502 million to companies in the KRUK Group.

While CNIL’s recent decision to fine Google is still subject to legal challenge from Google, it is relevant to look into CNIL’s position in this matter, from the perspective of its potential impact on the future positions of other data protection authorities in similar matters and the risks associated with GDPR. The article below relies on publicly available sources and does not aim to draw any conclusions on the merits of the case or make any assessment of the respective factual situation of the matters to which CNIL’s decision refers to, but rather to look into CNIL’s reasoning and outline key aspects for consideration going forward by the market players.

Tuca Zbarcea & Asociatii has advised Interbrands on the sale of 60% of the company to Orbico, one of the largest distributors of consumer goods in Central and Eastern Europe. Deloitte Legal advised Orbico on the deal, which remains contingent on the approval of the Romanian competition council.

Deloitte Legal has helped Germany's ABO Wind AG launch a 5.2 MW solar power plant to the south of Debrecen in Hungary.

Deloitte Legal has advised K&H Bank on long-term non-recourse project financing provided to Photon Energy Group for Photon Energy’s 11.5 MWp proprietary PV power plant portfolio in Hungary. Pontes Budapest advised Photon Energy on the deal.

Deloitte Legal has advised Currency Com Bel LLC on launching Currency.com, the world’s first regulated tokenized securities exchange.

TGS Baltic has advised Expobank CZ a.s.on the financing of the acquisition by Astor Group Latvia of the shares of SIA Polar Bek Daugava, owner of the Radisson Blu Daugava Hotel, from PBR Hotel.

Former CMS Counsel Agnieszka Ziolek has joined Deloitte Legal's Banking & Finance team as a Partner in Warsaw.

Former CEZ lawyer Katerina Mandulova has returned to private practice, joining the Competition law team at Deloitte Legal team in Prague as a Managing Associate.

Reff & Associates, the Romanian member of Deloitte Legal, has advised Patria Bank on the sale of a portfolio of non-performing loan receivables with a nominal value of approximately RON 245 million to InvestCapital LTD, a part of the KRUK Group.

Deloitte Legal Lithuania has advised Aurora Cannabis Inc. on its acquisition of 100% of the issued and outstanding shares in Agropro UAB and Borela UAB for approximately EUR 5.5 million. PwC Legal advised Agropro and Borela.

Representatives of more than sixty law firms from across Central and Eastern Europe and from as far away as the United States, United Kingdom, and China came together in Prague on June 6, 2018, for the first ever Dealer’s Choice international law firm conference and CEE Deal of the Year Awards Banquet.

Cobalt has advised Furniture1, UAB, a company operating in Lithuania under the trade mark Baldai1.lt, on the sale of 30% of its shares to Bygghemma Group. The buyers were advised by Deloitte Legal.