The past year has brought several important changes in the employment area. Most of the new developments are already in force, but for some we had to wait until the beginning of 2025. However, some important changes are still not in force, nor have they been approved. Also due to considerable media support, part of the public is confused, and unexpected situations may arise. Below is a summary of the most important changes.
Tsvetkova Bebov & Partners Advises Allianz Bank Bulgaria on EUR 50 Million Notes Issuance
Tsvetkova Bebov & Partners, member of Eversheds Sutherland, has advised Allianz Bank Bulgaria on its issuance of EUR 50 million MREL notes due December 2028.
Tomasz Zak Joins Eversheds Sutherland with Team
Former Hogan Lovells Counsel and Head of the Warsaw M&A Practice Tomasz Zak has joined Eversheds Sutherland as a Partner.
Eversheds Sutherland and SWS Scheed Woess Advise on TSG Austria's Acquisition of E-Port Elektrotechnik from Upper Austria
Eversheds Sutherland has advised TSG Austria on the acquisition of E-Port Elektrotechnik from Marin Bruckmueller, Harald Winkler, and Kerstin Peinbauer. SWS Scheed Woess advised the sellers.
The Corner Office: Conference, Anyone?
In The Corner Office, we ask Managing Partners at law firms across Central and Eastern Europe about their backgrounds, strategies, and responsibilities. As sunny days recede, the fall conference season is upon us, so we asked: How do you determine which Partner attends which events?
Eversheds Sutherland and Cobalt Advise on Sale of Meditec AB and Medicloud to Everfield
Eversheds Sutherland has advised Everfield on its acquisition of Meditec AB and Medicloud SIA. Cobalt advised the sellers.
CMS and Eversheds Sutherland Advise on Ceska Sporitelna and Ceskoslovenska Obchodni Banka's Financing for Silon Group
CMS, working with Vedder Price, has advised Ceska Sporitelna and Ceskoslovenska Obchodni Banka on the financing for the Silon Group, including a sustainability-linked loan, which will be linked to the environmental goals of the entire group. Eversheds Sutherland advised the Silon Group.
Eversheds Sutherland and Urban & Hejduk Advise on E. Hofmann Plastics' Acquisition of PAP Packaging
Eversheds Sutherland has advised E. Hofmann Plastics on its acquisition of PAP Packaging from Manfreplast in Liquidazione. Urban & Hejduk advised the sellers.
Eversheds Sutherland Advises Quad/Graphics on Sale of European Operations to Capmont
Eversheds Sutherland has advised Quad/Graphics on the sale of its European operations to Capmont.
Schoenherr and Eversheds Sutherland Advise on Sunrise Real Estate and Ares Management's EUR 1.5 Billion European Logistics Portfolio Refinancing
Schoenherr has advised Sunrise Real Estate and Ares Management on a refinancing deal with Blackstone and Apollo Global Management for a European logistics portfolio valued at approximately EUR 1.5 billion. Eversheds Sutherland advised the lenders. A&O Shearman reportedly advised Sunrise Real Estate and Ares Management as well.
Eversheds Sutherland Advises on Financing Adgar's Properties Portfolio
Eversheds Sutherland has advised Santander Bank Polska on the consolidation and extension of its financing of a portfolio of seven real properties owned by Adgar Poland.
DGKV, Linklaters, Tsvetkova Bebov & Partners, and Clifford Chance Advise on Triple-Tranche Issuance of EUR 3 Billion and USD 1.5 Billion Sovereign Bonds by Republic of Bulgaria
Djingov, Gouginski, Kyutchukov & Velichkov, working with Linklaters, has advised BNP Paribas, Citigroup, ING, and UniCredit as the joint lead managers on the September 2024 triple-tranche sovereign bond issue by the Republic of Bulgaria under its EUR 20 billion global medium term note program. Tsvetkova Bebov & Partners, member of Eversheds Sutherland, and Clifford Chance advised the Republic of Bulgaria.
August Amendment to the Labor Code and Other Upcoming Changes
The Czech Parliament and government have been unusually active in the field of labour law recently so there is a lot of legal news.
Eversheds Sutherland Advises Edwards Lifesciences in USD 4.2 Billion Sale of its Critical Care Product Group
Eversheds Sutherland has advised Edwards Lifesciences on the USD 4.2 billion sale of its Critical Care product group to Becton, Dickinson, and Company. Baker McKenzie reportedly advised Becton, Dickinson, and Company.
Deivis Valiulis Joins Eversheds Sutherland as Partner
Former Triniti Jurex Attorney at Law Deivis Valiulis has joined Eversheds Saladzius' real estate and construction team as Partner, together with Senior Associates Raminta Vilcinskaite and Ruta Brazauskiene, Associate Marius Choniakovas, and Lawyer Dominyka Burneikaite.
The Slow Roast of Summer Months
Summer is traditionally a slower period for many, including the legal sector, but, if used right, the time can pay dividends for law firms.
The Corner Office: Onboarding Clients
In The Corner Office, we ask Managing Partners at law firms across Central and Eastern Europe about their backgrounds, strategies, and responsibilities. With managing firm clients being a critical aspect of firms’ operations, we asked: What are the three most important elements when onboarding a new client?
New European Rules for Artificial Intelligence
This March, MEPs approved new rules for artificial intelligence (AI), the so-called Artificial Intelligence Act. This was presented by the European Commission in April 2021. It is the world's first comprehensive AI legislation. The Act aims to improve the functioning of the internal market by setting a single legal framework for the development, launch and use of AI. The AI Act also seeks to reduce the administrative and financial burden on businesses, especially small and medium-sized enterprises.