Kinstellar, working with Linklaters, has advised a syndicate of banks on a EUR 500 million senior facility agreement with Romanian telecommunications service provider RCS & RDS. Filip & Company advised RCS & RDS.
Clifford Chance Badea and Filip & Company Advise on Banca Transilvania EUR 500 Million Bond Issuance
Clifford Chance Badea has advised the arrangers on implementing the EUR 500 million bond issuance of Banca Transilvania. Filip & Company advised issuer Banca Transilvania.
EU Approves MiCA Regulation for Crypto-assets. What’s Next?
Last week the European Union took a major step towards regulating the fast-growing cryptocurrency market with the final approval of the Regulation on Markets in Crypto-Assets (“MiCA”). The new regulation was approved by the European Parliament on 20 April 2023, and is now subject to formal endorsement by the European Council and publication in the Official Journal of the European Union.
Resilient Banking and M&A in Romania: A Buzz Interview with Alexandra Manciulea of Filip & Company
Despite the challenging global landscape, Romania’s banking sector continues to show resilience – with M&A activity in line with the second half of 2022 – according to Filip & Company Partner Alexandra Manciulea.
ChatGPT – Between a Valuable Instrument and Legal Nebulousness
Many books have been written and just as many films have been made trying to show what the future will look like, but we are much closer to knowing it with the advent of artificial intelligence and, more specifically, generative artificial intelligence. Generative artificial intelligence is a type of artificial intelligence that can generate new content, as opposed to systems that simply analyse or act statically on an existing data set.
A Look Back at 2022 in Terms of Antitrust and What to Expect in 2023
In 2022, the Romanian competition authority focused on closing important investigations, recorded the highest number of cleared mergers in recent history and set the legislative framework for new directions of action and analysis.
New Coordinates of Social Dialogue in Romania – Key Elements that Every Employer Should Know
Promulgated in December 2022 more than 3 years after its initiation, the new law on social dialogue, Law no. 367/2022, has the declared aim of facilitating social dialogue and the exercise of certain employee rights.
Vernon David, Schoenherr, and Filip & Company Advise on Victoriabank Acquisition of BCR’s Chisinau Subsidiary
Vernon David and Filip & Company have advised Moldova's Victoriabank on its acquisition of the Chisinau subsidiary of Banca Comerciala Romana. Schoenherr advised the seller.
Filip & Company Advises on Lykos Romania and Pink Post Joint Venture
Filip & Company has advised both Inform Lykos Romania and entrepreneur Octavian Radu on setting up a joint-venture holding company that took over Pink Post Group’s postal and courier services business and the postal volumes aggregation business operated by the Inform Lykos group.
Filip & Company Advises Instant Factoring on EUR 600,000 Financing Round
Filip & Company has advised Instant Factoring on a EUR 600,000 financing from several investors including MicroEurope.
Cristina Tudoran and Silviu Vasile Make Partner at Filip & Company
Filip & Company Counsels Cristina Tudoran and Silviu Vasile have been appointed as Partners with the firm.
Did You Know: 12-Month Domestic Firm Partner Leaderboard
Did You Know that, according to the Activity Rankings function of the CEELMDirect website, Kerem Turunc of Turkey’s Turunc Law Firm has worked on more reported client matters over the past 12 months – 13 – than any other lawyer in a domestic law firm in CEE?
Tuca Zbarcea & Asociatii and Filip & Company Advise on Sale of Minority Stake in Untold to Mozaik Investments
Tuca Zbarcea & Asociatii has advised Untold Universe on the sale of a minority stake to Mozaik Investments. Filip & Company advised Mozaik.
Did You Know: CEE 2022 Leaders According to CEELM Direct
Did you know that Dentons worked on more reported client matters in Central and Eastern Europe in 2022 – 86 – than any other firm (with Sorainen only one behind), and that Andrzej Stosio of Clifford Chance in Poland worked on more client matters than any other lawyer in the region – 13 (with Mantas Petkevicius of Sorainen in Lithuania and Roxana Ionescu of Radu Taracila Padurari Retevoescu in Romania both only one behind, with 12)?
PNSA Advises Romanian Business Consult on Acquisition of Fullscreen Digital
Popovici Nitu Stoica & Asociatii has advised Romanian Business Consult on its acquisition of Fullscreen Digital. Filip & Company reportedly advised the seller.
Filip & Company Advises Fondul Proprietatea on Sale of OMV Petrom Shareholding
Filip & Company, working with Linklaters’ London office, has advised Fondul Proprietatea on the sale of its entire shareholding in OMV Petrom for RON 764.1 million via an accelerated private placement.
Closing: BCR's Sale of Part of Its Fleet Management Business to Arval Group Now Closed
On November 2, 2022, Filip & Company announced that Banca Comerciala Romana’s sale of a part of its BCR Fleet Management operational leasing business to the Arval group (reported by CEE Legal Matters on June 13, 2022) had closed.
Did You Know: Most Active Firms in CEE Banking/Finance in 2022
Did You Know that, according to the Activity Rankings function of the CEELMDirect website, Clifford Chance has worked on 23 reported Banking/Finance deals in CEE so far this year – the most of any firm – with Dentons, which has worked on 22 such deals so far this year, right behind?