Kinstellar’s Croatian affiliate Zuric i Partneri has advised Angelina Yachtcharter Holding on its acquisition of an 85% stake in Ultra Sailing. Bradvica Maric Wahl Cesarec advised the seller.
Hot Practice in Serbia: Milan Samardzic on SOG’s Corporate and M&A Practice
Strong levels of corporate and M&A work were in the stars this year for the SOG Law Firm, with more to look forward to, according to Partner Milan Samardzic.
Kinstellar and Tzvetkova & Partners Advise on 52 Entertainment’s Acquisition of Casualino
Kinstellar has advised 52 Entertainment on the acquisition of Bulgarian game developer Casualino. Tzvetkova & Partners advised Casualino on the sale.
Kinstellar Advises on Incorporation of Employer Associations in Croatia
Kinstellar’s Croatian affiliate Zuric i Partneri has advised on the incorporation of two employer associations in Croatia: the Association of Trade and Logistics and the Association of the Processing Industry and Technology.
Ukraine: The Post-Victory Reconstruction
Historically, Ukraine has been known as a country with a good investment climate, particularly in the energy sector. The country’s high feed-in tariff rates, general digitalization, well-established and simplified regulatory procedures, and the availability of alternative suppliers for works and services, among other factors, have contributed to a large influx of investors in new green energy projects in Ukraine.
Kinstellar Advises Helaba on Crestyl Financing
Kinstellar has advised Helaba on the financing provided to Czech developer Crestyl for the revitalization of the NR7 building in Prague.
Kinstellar Advises Kyivstar on Helsi Acquisition
Kinstellar has advised telecommunications operator Kyivstar on its acquisition of a controlling stake in digital healthcare company Helsi.
Did You Know: Kinstellar's Jan Juroska Setting the Pace on Czech Deal Leaderboard
Did You Know that, according to the Activity Rankings function of the CEELMDirect website, Kinstellar Partner Jan Juroska has worked on 37 reported deals since 2013 – far and away the most of any lawyer in the Czech Republic?
Turunc and Gen Temizer Ozer Advise on Enhencer Investment Round
Turunc has advised Bogazici Ventures on participating in a USD 700,000 investment round into Enhencer. Kinstellar Turkish affiliate Gen Temizer Ozer advised Diffusion Capital Partners on leading the round.
Havel & Partners, Savoric & Partners, ODI Law, and Hillbridges Advise on CCC Group Refinancing
Havel & Partners, Savoric & Partners, ODI Law, and Hillbridges have advised a syndicate of banks on the approximately EUR 196 million syndicated cross-border refinancing loan to the CCC Group. Linklaters, Lakatos Koves & Partners, and Filip & Company reportedly advised the lenders as well.
Kinstellar, Gen Temizer Ozer, and Skils Advise on Torunlar Group's Acquisition of 50% Stake in Akcez
Kinstellar and its Turkish affiliate Gen Temizer Ozer have advised Baskent Dogalgaz Dagitim and Torunlar Enerji on their acquisition of CEZ Group's 50% stake in Akcez Enerji. Skils and, reportedly, Norton Rose Fulbright Turkish affiliate Pekin Bayar Mizrahi advised the CEZ Group on the sale.
NFTs in the Light of Trademark Law
Recently, non-fungible tokens (“NFTs”) have become the subject of significant public attention, primarily due to the high amounts of money allocated for their purchase. For example, it is estimated that the worth of the global NFT market in 2021 was about 41 billion dollars, which is more than the value of the market of classical works of art. For the sake of comparison, that is approximately twice the amount of the budget of the Republic of Serbia for 2022. Bearing in mind the nature and manner of functioning of NFTs, the nature of things raises the question of their relationship with intellectual property law, and above all, the relationship with trademark law.
Noerr and Kinstellar Advise on Espira’s Sale of Icon Communication Centres to Yoummday
Noerr has advised Espira on the sale of Icon Communication Centres to Yoummday. Kinstellar advised the buyer.
CEE Legal Matters Round Table on ESG: Finance Goes Green
On July 12, four leading lawyers from Croatia, Lithuania, Poland, and Romania sat down for a virtual round table moderated by CEE Legal Matters Managing Editor Radu Cotarcea to discuss the latest in ESG developments with a focus on green financing, its regional and local drivers and roadblocks, its impact on non-financial reporting, and what it all means for the legal profession.
Closing: KBC Bank’s Acquisition of Raiffeisenbank in Bulgaria Now Closed
On July 11, 2022, Kinstellar announced that KBC Bank’s acquisition of Raiffeisenbank in Bulgaria (reported by CEE Legal Matters on November 25, 2021) had closed.
The New Serbian Legal Framework for Internships to Be Adopted
At the end of 2021, a public debate was held in the National Assembly on the Draft Law on Work Practice. The Draft itself is a reaction to relatively unfavourable basic labour market indicators, which predict that young people in Serbia lag behind their peers in the EU by 10%.
Dentons and Kinstellar Advise on USD 200 Million Green Financing for Volta
Dentons has advised Raiffeisen Bank on a USD 200 million five-year syndicated green loan facility for Volta Energy Solutions Hungary. Kinstellar advised the borrower.
Recovery and Development Investment Program – Another Try Towards Encouraging Economic Development
The Government of the Republic of Serbia enacted the Decree on Establishing the Investment Program “Recovery and Development” (the “Program”) to establish a new credit line for the allocation of favourable credit funds to entities for the implementation of new investments, which will accelerate the recovery and growth of economic activity in the Republic of Serbia in difficult economic conditions caused by the SARS-CoV-2 virus.