Kinstellar has advised a syndicate of banks led by VUB Banka on their EUR 100 million loan facility for refinancing and investment in Bratislava's Bory Mall. Skubla & Partneri advised Penta Real Estate on receiving the loan.
CMS and Kinstellar Advise on Marsh’s Sale of Insia to Unilink
CMS has advised Marsh on its sale of an 80% stake in Insia to the Unilink Group. Kinstellar advised the buyer.
Kinstellar and Wise3 Advise on Powerful Medical EUR 6.2 Million Seed Round
Kinstellar has advised Powerful Medical on its EUR 6.2 million seed funding round from investors including Arieli Capital, Venture To Future Fund, CB ESPRI Impact One, BPD partners, and several angel investors. Wise3 advised CB ESPRI Impact One.
Kinstellar and Moore Legal CZ Advise on Genesis Growth Equity Fund I's Acquisition of JP-Prolak
Kinstellar has advised the Genesis Private Equity Fund I on its acquisition of JP-Prolak from Jaroslav Prokop. Moore Legal CZ advised Prokop on the sale.
Drakopoulos Among Plethora of Firms Advising European Commission on Directive 2018/2001 Transposition Review
Drakopoulos has advised the European Commission's Directorate-General for Energy on reviewing the transposition process of Directive 2018/2001 (RED II) on the promotion of the use of energy from renewable sources into the Greek legal framework. Dimitrov Petrov & Co, Kirm Perpar, Wardynski & Partners, and Kinstellar Croatian affiliate Zuric i Partneri advised on the transposition review in Bulgaria, Slovenia, Poland, and Croatia, respectively. CLM Bitai & Partners and Vojcik & Partners also reportedly advised the European Commission.
Did You Know: Most Active CEE Firms During the COVID-19 Pandemic
Did You Know that, according to the Activity Rankings function of the CEELMDirect website, Clifford Chance worked on the most reported deals in CEE during the worst of the COVID-19 pandemic, from April 1, 2020, through January 1, 2022? In fact, the Magic Circle stalwart worked on an impressive 51 reported deals in CEE during that period – more than any other firm.
Ukraine: An Introduction to War-Inflicted Damages
What do you do if your country is invaded, your parents and kids are killed when trying to escape the occupation, your wife is gang-raped, and you are beaten to death because you speak a language the invaders hate? What do you do if the invaders have looted your house, plundered your farm, or taken your factory away from you?
In Search of Stability: Bulgaria’s Missing and Missed Legislation
In Bulgaria, one ordinary and two extraordinary parliamentary elections were held in the span of eight months in 2021, and the country is now preparing for yet another extraordinary election on October 2, 2022. Which outstanding legislative packages are critical – considering the absence of regular parliamentary activities – and what are their implications for the country?
Kinstellar and Gen Temizer Ozer Advise Unifonic on Acquisition of Sestek
Kinstellar and its Turkish affiliate firm Gen Temizer Ozer have advised Unifonic on the acquisition of Sestek.
NKO and SOG Advise on CTP's Acquisition of Land Near Belgrade
NKO Partners has advised CTP on its acquisition of almost 33 hectares of land in Simanovci, near Belgrade, from EBP Development. The SOG Law Firm advised EBP Development.
Kinstellar Advises Robin Powered on Flow and Form Acquisition
Kinstellar Croatian affiliate Zuric i Partneri has advised Robin Powered on its acquisition of Flow and Form. Sole practitioner Marko Kapetanovic reportedly advised the seller.
Kinstellar, PwC Legal, and Paksoy Advise on Plastic Omnium's EUR 520 Million Acquisition of Varroc Lighting Systems
Kinstellar and Paksoy, working with Linklaters' Paris office, have advised Plastic Omnium on its EUR 520 million acquisition of Varroc Lighting Systems from Varroc Engineering Limited. PwC Legal, working with Willkie Farr & Gallagher, advised Varroc on the sale of its automotive lighting systems business in the Czech Republic. White & Case reportedly advised a syndicate of banks on financing the transaction. Khaitan & Co, Creel Garcia-Cuellar Aiza y Enriquez, Lefosse, and Bennani & Associes reportedly advised Plastic Omnium in India, Mexico, Brazil, and Morocco, respectively.
CMS and Kinstellar Advise on Gelsenwasser's Sale of Czech Utility Business to Accolade Group
CMS has advised Gelsenwasser on the sale of its Czech water supply, wastewater disposal, and heat and power generation business to the Accolade Group. Kinstellar and, reportedly, Herbert Smith Freehills advised the Accolade Group.
Kinstellar and White & Case Advise on Acquisition Financing for FutureLife
Kinstellar has advised a syndicate of Czech banks led by Komercni Banka on providing financing to the FutureLife Group for the acquisition of a reproductive clinic in the UK and the group's future expansion. White & Case advised FutureLife.
Annamaria Csenterics Joins Kinstellar Budapest as Partner
Former Dentons Partner Annamaria Csenterics has joined Kinstellar in Budapest as a Partner to co-head the Corporate/M&A service line, including Real Estate and Private Equity, together with Gabor Gelencser.
Olga Sipka Joins Kinstellar as Head of Competition and Compliance
Former Schoenherr Of Counsel Olga Sipka has joined Kinstellar as a Special Counsel and new Head of the local Competition and Compliance practice in Belgrade.
183 Days of War in Ukraine: Tax Considerations for Refugees and Their Employers
Under many tax treaties mirrored after the OECD Model Treaty, the 183-day period implicates a significant threshold: individuals temporarily present in the treaty-party country (the Host Country) may be taxed by that country on income for personal services performed there if the individual resides in the Host Country for over 183 days in a given tax year. This is called the 183-Day Rule.
Kinstellar and BMWC Advise on Angelina Yachtcharter’s Acquisition of Ultra Sailing
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.