Jadek & Pensa has advised Abanka on its acquisition by NKBM. NKBM was advised by Wolf Theiss, while Kavcic, Bracun & Partners advised the Republic of Slovenia as the seller.
Attendees to the 2019 CEELM Winter Party were cornered, over the course of the evening, and asked, without warning or an opportunity to prepare, what achievement over the past 12 months they were proudest of.
Kambourov & Partners has advised DS Smith on Bulgarian aspects of the sale of it plastic packaging business to Liquibox. Wolf Theiss reportedly advised Liquidbox on the deal.
Wolf Theiss Warsaw has advised Marvipol Development and PG Dutch Holding I on the sale by their joint venture special purpose vehicles of development plots in Warsaw and Michalowice to LaSalle Investment Management KVG. Allen & Overy advised the buyer on the deal, which is valued at approximately EUR 29.6 million.
Wolf Theiss has advised Raiffeisen Bank International AG on the issuance of a Ordinary Senior Eligible bonds worth EUR 750 million under its EUR 25 million Debt Issuance Program. Banco Santander, S.A., BNP Paribas, Citigroup Global Markets Limited, Morgan Stanley & Co International, and RBI were joint lead managers.
With GDP growth for 2019 projected to be approximately 4%, the Polish economy remains strong, and the country’s real estate sector continues to set new records. The low availability of housing, strong domestic consumption, and stable industry production have boosted the profitability of real estate investments. Demand for land is high and developers compete fiercely for the shrinking number of attractive spots. In August 2019, a new law came into force which may make real properties held in a right of perpetual usufruct (RPU) more attractive than they used to be.
Contrary to all expectations, Hungary still does not require the use of building information electronic modelling (BIM) tools in tenders for public works contracts, despite the excitement in the construction industry about the possibility that the tools would be made mandatory as early as 2014.
In The Corner Office we ask Managing Partners across Central and Eastern Europe about their unique roles and responsibilities. The question this time around: What was the most useful or valuable piece of software or new technology your firm has acquired in the past five years?
Wolf Theiss and White & Case have advised ABN Amro, Deutsche Bank, DZ Bank AG, RBI, and UniCredit, as joint lead managers on UniCredit Bank Austria AG's successful January 21, 2020 placement of a benchmark EUR 500 million issuance of mortgage securities.
Wolf Theiss has advised Erste Group Bank AG on the issue of EUR 500 million of Additional Tier 1 Notes and on the issue of EUR 750 million Mortgage Pfandbriefe. Linklaters and Rautner Rechtsanwalte advised the lead managers (HSBS, BofA Securities, Morgan Stanley, and Societe Generale) on the Tier 1 note issuance. Weber & Co advised the banks (Banca IMI, Danske Bank, DekaBank, DZ BANK, Erste Group (in its capacity as Manager) and LBBW) on the Mortgage Pfandbriefe.
In an effort to streamline the adjudication of IP cases in Poland, specialized courts will be introduced next year. The courts will very likely improve the speed, efficiency, and expertise with which IP cases are handled – a win for all parties involved.
Weber & Co. has advised DekaBank Deutsche Girozentrale, DZ Bank, Erste Group, RBI, and UniCredit as joint lead managers on the successful issuance of mortgage covered bank bonds by Raiffeisenlandesbank Oberosterreich AG. Wolf Theiss advised Raiffeisenlandesbank Oberosterreich on the issuance.
Wolf Theiss and Linklaters had advised J.P. Morgan and Erste Group Bank AG as joint book-runners on S Immo AG's issuance of 6,691,717 new shares via an accelerated book-building procedure involving the exclusion of shareholders' subscription rights. S Immo AG was reportedly advised by DSC Doralt Seist Csoklich.
Wolf Theiss has advised the REWE group on the sale of a property in the Donaustadt district of Vienna, following a two-stage bidding process. The successful bidder, BUWOG, was advised by Lattenmayer Luks & Enzinger.
Former Bird & Bird Head of White Collar Crime Arkadiusz Matusiak has joined Wolf Theiss in Warsaw to launch the firm's new White Collar Crime practice.
Wolf Theiss worked alongside lead counsel Travers Smith in advising TA Associates on an unspecified investment in Netrisk, a Hungarian online independent insurance marketplace. Netrisk and existing investor MCI Capital were advised by Deloitte Legal.
Wolf Theiss has advised the Visma group on its acquisition of Intelligent IT, developer of the SmartBill billing software. RTPR Allen & Overy advised Intelligent IT's selling shareholders.
Wolf Theiss and Garrigues have advised the shareholders of Tag Systems S.A. on the sale of the company to Austriacard and their entrance into a joint venture with Austriacard. The transaction closed on December 4, 2019. The buyers were advised by Garger Spallinger.