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.
Oskar Waluskiewicz Joins DLA Piper as Partner and Head of Energy in Warsaw
Former DWF Partner Oskar Waluskiewicz has joined DLA Piper as a Partner and Head of the firm's Energy practice in Poland.
Clifford Chance and DLA Piper Advise on Xebia Acquisition of GetInData
Clifford Chance has advised Xebia on the acquisition of GetInData. DLA Piper advised GetInData.
Clifford Chance Advises Resi4Rent on EUR 50 Million Financing from EBRD
Clifford Chance has advised Polish apartment rental company Resi4Rent on obtaining EUR 50 million in financing from the EBRD. DLA Piper reportedly advised the lender.
(Re)constructing Restructuring and Insolvency in CEE
There is a growing concern, across CEE, about a potential wave of insolvency and restructuring proceedings. Given the economic aftermath of COVID-19, coupled with the ramifications of rising inflation and interest rates, energy crisis concerns, and the war in Ukraine – the road ahead seems bumpy at best.
DLA Piper Advises on Sale of OptiBuy to WNS Group
DLA Piper has advised the shareholders of OptiBuy on its sale to the WNS group. Schoenherr reportedly advised WNS on the deal.
Gessel Advises Enterprise Investors on Investment in Bisar
Gessel has advised Enterprise Investors managed Polish Enterprise Fund VIII on its acquisition of a 40% stake in Bisar. DLA Piper reportedly advised the seller.
Cobalt and Ellex Advise on HKScan Sale of Baltic Business to Maag Grupp
Cobalt, working with DLA Piper, has advised the HKScan corporation on the sale of its Baltic subsidiaries to the Maag Grupp. Ellex advised the buyer.
DLA Piper Advises Cube Infrastructure Managers on Acquisition of MVV Energie CZ
DLA Piper has advised Cube Infrastructure Managers on the acquisition of MVV Energie CZ. Eversheds Sutherland reportedly advised the sellers.
Significant Changes to Hungarian Competition Law: Increased Merger Thresholds, Refinement of Powers, DMA Enforcement
The Hungarian Parliament recently adopted a rather significant update to Act LVII of 1996 on the prohibition of unfair market practices and the restriction of competition (“Hungarian Competition Act”). The updates are, at a number of points, based on recommendations made by the Hungarian Competition Association (with DLA Piper’s antitrust group providing significant input). The amendments will generally enter into force on 1 January 2023 (with some exceptions for 1 February 2023). Below, we have collected some of the key changes for Hungarian and international businesses.
Marta Frackowiak Re-Elected to DLA Piper International Board
Warsaw-based DLA Piper Partner and Head of the Corporate and M&A practice Marta Frackowiak has been re-elected to the firm’s International Board for a term starting on January 1, 2023.
DLA Piper and Cytowski & Partners Advise on Promethean's Acquisition of Explain Everything
DLA Piper has advised education technology company Promethean on its acquisition of Explain Everything. Cytowski & Partners advised Explain Everything.
Closing: Wirtualna Polska’s Acquisition of Szallas Group Now Closed
On November 30, 2022, the BLS-CEE Law Firm announced that Wirtualna Polska’s acquisition of the Szallas Group from Portfolion Capital Partners and private individuals (reported by CEE Legal Matters on September 16, 2022) had closed.
DLA Piper Advises DHL on Sale of Logistics Portfolio in Six European Markets
DLA Piper has advised DHL on the sale of a real estate portfolio including ten sites across Poland and five other European markets.
Buyers Beware – New Hungarian Merger Control Rules for Acquisitions Involving JVs
Hungarian merger control is generally aligned with the relevant EU rules with only relatively minor exceptions or special rules. For example, a notable special rule – which follows similar trends in major European jurisdictions – is the existence of the soft threshold regime, which enables the Hungarian Competition Authority (the Gazdasági Versenyhivatal, “GVH”) to intervene in case the traditional/“hard” thresholds are not met, but where competition is threatened on a specific market (e.g. in case of “killer acquisitions”).
Ricardo Gardini de Andrade Joins DLA Piper as Partner in Vienna
Former Freshfields Bruckhaus Deringer Senior Associate Ricardo Gardini de Andrade has joined DLA Piper's Vienna office as a Partner to work in the firm's Litigation & Regulatory practice.
Did You Know: 2022 Czech Leaderboard
Did You Know that, according to the Activity Rankings function of the CEELMDirect website, Havel & Partners has worked on 25 Czech client matters so far this year – more than any other law firm?
Austria Will Be Alright: A Buzz Interview with Christoph Mager of DLA Piper
The increasing US-based investor interest in Austrian tech start-ups – despite the hard times and a certain lack of governmental decisiveness – is creating a buzz in the country, according to DLA Piper Austria Managing Partner Christoph Mager.