CEE Legal Matters
In-depth coverage of the news and newsmakers that shape Europe's emerging markets
On November 10, four Banking & Finance experts from Croatia, Hungary, Romania, and Serbia sat down for a virtual round table moderated by CEE Legal Matters Managing Editor Radu Cotarcea to discuss banking consolidation, financing availability, the effects of high interest rates, bank capitalization, green financing, the specter of loan restructuring, and the other challenges the sector is facing.
Warsaw, 25 November 2022 – HR departments located outside our country, acting on behalf of their employer, are nowadays a fairly common practice, especially in multinational corporations. What does the liability of these individuals look like? The risk of penal liability for minor offences committed by employees operating outside Poland against employees operating in Poland is low, but it can happen. This occurs in cases where the perpetrator acted outside Poland, but the consequences belonging to the elements of a minor offence ensued in Poland.
Wolf Theiss has advised the founders of Fortech on its sale to Global Logic. Tuca Zbarcea & Asociatii reportedly advised Global Logic.
Wolf Theiss, working with Baer & Karrer, has advised Farner International AG on its acquisition of the Vienna-based Kobza Media Group. B-legal | Blumauer & Partner advised Kobza Media Group.
Freshfields Bruckhaus Deringer and Wolf Theiss have advised a consortium of banks on the EUR 800 million revolving ESG-linked credit facility for the Vitesco Technologies Group. Creel Garcia-Cuellar Aiza y Enriquez and Yulchon reportedly advised the banks in Mexico and South Korea, respectively.
Wolf Theiss has advised Midway Holding subsidiary Haki on its acquisition of Ekro Bausystem. Schneeweiss Weixelbaum advised the seller.
2018 saw the introduction of the Romanian movie production cash rebate system and a subsequent uptick in movie productions seeking to develop in Romania. The ambitiously outlined rebate system seemed quite appealing, initially. However, over the past three years, it failed to live up to its original goals.
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?
Wolf Theiss has advised the Dr. Max Group on the acquisition of Gedeon Richter's pharma retail and wholesale operations in Romania. Filip & Company advised Gedeon Richter.
Did You Know that, according to the Activity Rankings function of the CEELMDirect website, Sokol Nako, the Managing Partner of Wolf Theiss Albania, has worked on more reported deals in Albania over the past nine years – eight, in total – than any other lawyer?
Wolf Theiss, working together with Goodwin Procter and Haynes Boone, has advised Emona Capital on its USD 20 million minority investment in Amber Studio. Filip & Company advised Amber.
Wolf Theiss has advised Axpo Polska on two wind power purchase agreements with the Energix Group. Clifford Chance and Wiercinski, Kwiecinski, Baehr advised the Energix Group on the deal.
Did You Know that, according to the Activity Rankings function of the CEELMDirect website, Roxana Ionescu of RTPR has worked on ten reported deals in Romania so far this year – more than any other lawyer in the country?
Wolf Theiss has advised Dacia Plant shareholders Calin Ioan Ianta and Radu Ionescu-Heroiu on the sale of a majority stake in the company to Ceres Pharma. PwC's Romanian affiliate D&B David and Baias advised Ceres Pharma on the deal.
Schoenherr has advised the managers on the EUR 750 million issuance of 2.5% mortgage pfandbriefe due 2030 by the Erste Group Bank. Wolf Theiss reportedly advised Erste.
Did You Know that, according to the Activity Rankings function of the CEELMDirect website, CMS has worked on 15 reported Banking & Finance deals in Bulgaria in the past five years – more than any other law firm?
Taylor Wessing has advised PKO Bank Polski on the financing of a warehouse project being developed in Pabianice by Panattoni. Wolf Theiss advised Panattoni.
Wolf Theiss has advised a syndicate of Erste Group Bank, Banca Comerciala Romana, OTP Bank Nyrt, OTP Bank Romania, and Raiffeisenlandesbank Niederoesterreich-Wien on a EUR 410 million credit facility granted to the Iulius Group.
With over 360 lawyers in 13 countries, over 80% of the firm’s work involves cross-border representation of international clients. We have concentrated our energies on a unique part of the world: the complex, fast-developing markets of the CEE/SEE region. Through our international network of offices, we work closely with our clients to develop innovate solutions that integrate legal, financial, and business know-how.
Wolf Theiss provides fully integrated corporate services in mergers and acquisitions, private equity, real estate, banking and finance, tax and insurance, employment law, competition law, energy law, privatisation, restructuring, public procurement and litigation. At Wolf Theiss, we measure our success by the success of our clients. We align our goals with yours to ensure that your needs are being met in even the most complex of cross-border matters. This means that we know how to listen to you and help you use the assets you already have while finding opportunities.
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