A new Law on supplementing and amending of (i) Law no. 350/2001 on spatial planning and urbanism and (ii) Law no. 50/1991 on the authorization of the execution of construction works has been adopted by the Romanian Parliament on 11 May 2023 (law draft PL-x nr. 110/2023). To enter into force, the law is yet to be promulgated by the President and subsequently published in the Official Gazette.
Nicole Daniel Makes Partner at DLA Piper in Vienna
Former Counsel Nicole Daniel has been promoted to a Partner position in DLA Piper's Austrian office.
Oana Dutu-Buzura Becomes Tenth Partner as DLA Piper Celebrates 15 Years in Romania
Former Counsel Oana Dutu-Buzura has been promoted to Partner at DLA Piper in Romania as of May 1, 2023.
DLA Piper Advises Halma on Acquisition of Sewertronics
DLA Piper has advised Halma on its acquisition of Sewertronics for an initial sale price of EUR 41 million. Gomez-Acebo & Pombo and Wardynski & Partners reportedly advised the sellers.
Czech Republic: The Future of Photovoltaic Projects
According to the national energy mix, only 5.6% of energy was produced by renewable sources in 2021 in the Czech Republic. Most energy was produced by nuclear sources (40.4%) and fossil fuels (54%).
Austrian Media Privilege: Too Much of a Good Thing
A December 2022 decision by the Austrian Constitutional Court to annul the media privilege in the Austrian Data Protection Act has raised questions on how the country’s approach to the legal landscape regulating the media will change. Wolf Theiss Partner Kurt Retter and DLA Piper Counsel Stefan Panic analyze the ruling’s implications.
Gabor Simon Makes Partner at DLA Piper in Hungary
DLA Piper lawyer Gabor Simon has been promoted to a Partner position with the firm's Budapest office.
Rafal Kluziak Appointed Equity Partner While Katarzyna Waclawek and Piotr Miller Make Partner at DLA Piper
Former Local Partner Rafal Kluziak has been appointed an Equity Partner and former Counsels Katarzyna Waclawek and Piotr Miller have been promoted to Partner positions with DLA Piper in Warsaw.
Norton Rose Fulbright and DLA Piper Advise on PGE PLN 2.3 Billion Sustainability-Linked Financing
Norton Rose Fulbright has advised PGE Polska Grupa Energetyczna on a PLN 2.3 billion ESG financing from a banking consortium. DLA Piper advised the banks.
MFW Fialek and DLA Piper Advise on Sale of Renters.pl
MFW Fialek has advised the Renters.pl shareholders on their sale of a majority stake in the company to the Enterprise Investors-managed Polish Enterprise Fund VIII. DLA Piper advised the buyer.
ChatGPT and Competition Law: Some Initial Thoughts and Questions
Probably even the chatbot ChatGPT would be “surprised” to see how many new articles, essays, blogposts, personal posts and videos discuss issues around AI, and specifically, generative AI.
A Bit of a Downturn in Slovakia: A Buzz Interview with Michaela Stessl of DLA Piper
Amidst a wave of reorganizations and restructurings in the country, new businesses are looking to enter Slovakia – but have to face its new FDI screening mechanism. Despite the slight economic downturn, there is yet reason to hope for better days, according to DLA Piper Country Managing Partner Michaela Stessl, especially given the prospects of the automotive sector.
Greenberg Traurig and DLA Piper Advise on P3 Logistic Parks Acquisition of Wroclaw Asset from Panattoni
Greenberg Traurig has advised P3 Logistic Parks on the acquisition of the 185,000 square-meter Wroclaw Campus 39 logistics park from Panattoni. DLA Piper advised Panattoni.
Dentons Advises HB Reavis on EUR 475 Million Financing for Varso Place Development
Dentons has advised HB Reavis on obtaining a EUR 475 million financing from Santander Bank Polska, Bank Pekao, Helaba, and Berlin Hyp for the development of the Varso Place building complex in Warsaw. DLA Piper reportedly advised the lenders.
Romania: Putting the Puzzle of the Pharmaceutical Sector Together
The Romanian pharmaceutical sector has been constantly subject to legislative amendments and also scrutiny by numerous (tax, competition, criminal, regulatory) authorities. The base law on the healthcare system alone was modified more than 170 times in 16 years. While each authority has dealt with its own matters when regulating this sector, one of the main shortcomings is the lack of an integrated approach that, to the benefit of Romanian patients, looks holistically at aspects from clinical trials to pricing and reimbursement and claw-back tax.
Czech Republic: Electronization of Healthcare and Telemedicine
The electronization of healthcare (eHealth) streamlines processes in healthcare and improves the quality and availability of medical care. Some elements of eHealth already existed in Czech law, but the legislation was fragmented. To set the general framework, basic rules, and standards for the functioning of eHealth, a new Act No 325/2021 Coll., on electronization of healthcare (Act) was adopted, with effect from January 1, 2022.
Did You Know: 12-Month Czech M&A Leaderboard
Did You Know that, according to the Activity Rankings function of the CEELMDirect website, although a total of ten lawyers worked on three reported Corporate/M&A deals in the Czech Republic over the past 12 months, only one of those ten reported working on more?
Sorainen Advises TSG Solutions on Acquisition of Nordic Gas Solutions
Sorainen, working with DLA Piper Sweden, has advised TSG Solutions on its acquisition of Nordic Gas Solutions.