January is always a good time to look back, take stock, and make plans. And 2021, while a complicated year, was in no way uneventful. Across CEE, we’ve had lawyers and law firms variously reporting on – besides the obvious pandemic-related restrictions and increased work flexibility – a record year for M&A transactions, growing green energy, effervescent capital markets, a surprisingly solid real estate sector, ascendant ESG practices, a renewed focus on infrastructure, and TMT going from strength to strength.
Inquiry Into IP: Three CEE Boutiques
Practicing IP has always been a tricky matter, given the complexity and the diversity of this area of law. We reached out to experts from several IP-focused law firms – Hungary’s SBGK, Serbia’s Petosevic Group, and Greece’s Drakopoulos – to learn more about their origins, specializations, structures, and operations.
The New Legal Framework on Compulsory Mediation in Greece
In an attempt to lighten the heavy burden on the Greek judicial system, articles 178 to 206 of Law 4512/2018 on Arrangements for the Implementation of the Structural Reforms of the Economic Adjustment Programs and Other Provisions provide guidelines for new mediation procedures in civil and commercial matters. This alternative extrajudicial dispute resolution method seeks to provide an attractive and expeditious solution in the form of an executed agreement that is immediately enforceable.
Scaling the Summit: The 4th Annual CEE GC Summit
Scaling the Summit: On the 7th of June, less than eight hours after saying final good-byes to the private practitioners attending the Deal of the Year Awards Banquet, CEE Legal Matters greeted the hundred plus in-house counsel attending the fourth annual regional General Counsel Summit, located this year at the Congress Center of Prague’s Czech National Bank.
Sharing Economy via Digital Platforms: How is Greece Treating Airbnb-Style Rentals?
With the Greek peak summer holiday season fast approaching, hosts leasing out their properties through sharing-economy digital platforms are seeking the best way to make themselves compliant with the applicable regulatory framework.
GDPR: A Perspective on Compliance Challenges Within Large Organizations
With less than a month before it eventually rolls out across the EU, the GDPR is still treated by many businesses as a complicated piece of legislation triggering serious debate between professionals and regulators and imposing a heavy compliance burden for large organizations. However, the GDPR implementation date – May 25, 2018 – should be looked at more as a starting line rather than a hard deadline, providing organizations with the opportunity to map – through their search to identify any personal data processing – both their entire corporate life and their day-to-day operations.
Now or Never: The Looming GDPR Deadline
The European Union’s General Data Protection Regulation is, according to the EU-hosted GDPR website, “the most important change in data privacy regulation in the past 20 years.” The Act, which was approved by the EU Parliament on April 14, 2016 and will become fully effective on May 25, 2018, was designed “to harmonize data privacy laws across Europe, to protect and empower all EU citizens’ data privacy, and to reshape the way organizations across the region approach data privacy.”
Eager for the EU: Macedonian and Albanian Lawyers Look Forward
The western Balkan countries of Albania, Bosnia and Herzegovina, Kosovo, Montenegro, Serbia, and the Republic of Macedonia share the desire to join the European Union. Two of these countries — Albania and Macedonia — are particularly close to accession. we spoke to several lawyers to learn more about how accession could affect the business landscape and the work of lawyers in the two countries.
Quasi-Judicial Tax Recourse: Saving Time (and Money) in Disputes with Tax Authorities
Almost four years ago, under pressure from its European partners and the IMF exercised by means of economic adjustment programs and loan agreements broadly known as “memoranda,” the Greek State adopted a new tax procedural code.
Experts Gather in Prague for CEE Legal Matters’ Annual Year-End Round Table
On Thursday, November 30th, leading legal practitioners from across Central and Eastern Europe gathered in Prague to help CEE Legal Matters celebrate its fourth successful year as the leading chronicle of the legal industry in the region, participating in an expert Round Table conversation about the year just concluded and enjoying an evening of dinner, drinks, and bonhomie.
A New Remedy Against Excessively Long Judicial Proceedings
The latest amendments to the Civil Procedure Code of Albania (CPC) which will enter into force in November 2017 are designed to increase the efficiency and performance of the country’s judicial system.
The Corner Office: The Least Favorite Thing
In The Corner Office, we invite Senior and Managing Partners at law firms from across the region to share information about their careers, management styles, and strategies. For this issue, we asked them to describe their least favorite part of their jobs.
Greek Labor Sector Stays Mired in High Unemployment Rates as Debt Crisis Goes On
Almost nine years since the onset of the Greek debt crisis, the country’s deep and prolonged recession has led to a substantial decline in ordinary financial activity and has swept away a quarter of Greece’s Gross Domestic Product (GDP), an aftermath usually observed in times of war.
An Insight Into the innovative Ordinary Procedure Before First Instance Courts Launched by the New Greek Civil Procedure Code
Past and recent records of litigation proceedings before first instance courts in Greece reflect an unfortunate reality: severe delays in case trials, most of the times coming as a result of lengthy hearings and an ever-expanding caseload, as well as many consensual or disputed trial adjournments or ex officio adjournments due to fortuitous circumstances (strikes, elections, etc.).
Building Blocks: The Rise of the Regional Austrian Firm Across CEE
“Vienna is the gate to Eastern Europe” – Niki Lauda
The Corner Office: Your First Client
In The Corner Office, we invite Managing Partners at law firms from across the region to share information about their careers, management styles, and strategies. For this issue, we asked them to describe the first major deal or client matter they generated themselves, and how they did it.