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After the announced reform of the public procurement procedures in 2017, at the beginning of this year the National Parliament adopted the new Public Procurement Law (“Law”). This new piece of legislation embodies the current EU public procurement rules and sets the legal landscape which is expected to result with transparent and efficient spending of public funds. The Law entered into force on 1 April 2019, but its applicability will be de facto prolonged in practice due to the start of the presidential elections.

Read more: New Public Procurement Law

“The talk about the entrance of two regional players – CMS and Schoenherr – onto the Macedonian market last year is still on everyone’s lips (among lawyers),” says Apostolska & Partners’ Founding Partner Emilija Apostolska-Temov in North Macedonia, who says that the presence of such law firms in the market will undoubtedly influence business, increasing both the quality of legal services and competition. “It also gives us a hint about investments coming in – such big law firms would not come without any plans,” she says. “They must know something that the rest of us will learn later. I think it will be a positive experience.”

Read more: The Buzz in Macedonia: Interview with Emilija Apostolska-Temov of Apostolska & Partners

The Polenak Law Firm has advised Global Special Opportunities Ltd. on its acquisition of the assets of ferronickel production plant Feni Industries AD in its process of bankruptcy and reorganization.

Read more: Polenak Law Firm Advises Global Special Opportunities on Acquisition of Feni Industries Assets

Law firm members of the SEE Legal Group, acting on behalf of Netlog Logistics, have completed a due diligence analysis of the Intereuropa group of companies, upon the announcement of a banking consortium that it is selling 72% share capital in Intereuropa d.d.

Read more: SEE Legal Firms Provide Due Diligence of Intereuropa for Netlog Logistics

CMS has advised Steiermarkische Sparkasse und Bank AG on its acquisition of Societe Generale's shares in Ohridska Banka Societe Generale. Jones Day was lead counsel to Societe Generale, which was advised by Moravcevic Vojnovic i Partneri in the Republic of Northern Macedonia.

Read more: CMS and Moravcevic Vojnovic Advise on Steiermarkische Sparkasse Bank Purchase in Northern Macedonia

Baker McKenzie, ODI Law, Simkins, Covington & Burling, and Van Bael & Bellis have advised MHP SE on the acquisition of 90.68% of the issued capital of Perutnina Ptuj, d.d. CMS London advised ING, MHP’s financial partner.

Read more: Baker McKenzie and ODI Advise MHP SE on Acquisition of Majority Stake in Perutnina Ptuj

Ever since “legal tech” became a thing, lawyers have been dreadfully anticipating the time when technology will disrupt the legal profession. The media has been fuelling lawyer worries, and attention-grabbing headlines like “The robot lawyers are here – and they are winning” or “Lawyers could be replaced by artificial intelligence” have kept lawyers awake at night. Artificial intelligence (AI) and machine learning in law has become the talk of the town, and for good reason, as the use of legal technology helps lawyers to get things done more efficiently and cost-effectively. Thus, it does not come as a surprise that legal tech start-ups are becoming the Starbucks of the legal profession – they are popping up on every corner. It is estimated that there are over 1000 legal tech start-ups worldwide and that the legal tech industry is worth USD 15.9 billion globally.

Read more: Guest Editorial: The Future is Now

BDK Advokati and Kirkland & Ellis have advised BC Partners on its agreement to acquire a majority stake in United Group B.V. from KKR, which retains a substantial minority stake. Financial terms of the transaction were not disclosed, and the transaction is subject to relevant regulatory approvals.

Read more: BDK Advokati Advises BC Partners on Acquisition of United Group from KKR

The winners of the 2017 CEE Deal of the Year Awards were announced at the first ever CEE Legal Matters Deal of the Year Awards Banquet last night in Prague. The biggest smiles in the joyous and music-filled celebration of CEE lawyering, perhaps, were on the faces of Partners from Avellum and Sayenko Kharenko, which, along with White & Case and Latham & Watkins, won the award both for Ukrainian Deal of the Year and CEE Deal of the Year for their work on the 2017 Ukraine Eurobond Issue (a story initially reported by CEE Legal Matters on October 2, 2017).

Read more: A Night of Celebration at CEE Deal of the Year Awards Banquet in Prague

The western Balkan countries of Albania, Bosnia and Herzegovina, Kosovo, Montenegro, Serbia, and the Republic of Macedonia share the desire to join the European Union. Two of these countries — Albania and Macedonia — are particularly close to accession. we spoke to several lawyers to learn more about how accession could affect the business landscape and the work of lawyers in the two countries.

Read more: Eager for the EU: Macedonian and Albanian Lawyers Look Forward

Tatjana Popovski Buloski, Partner at the Polenak Law Firm in Skopje, says the political crisis in Macedonia last year slowed capital movement and M&A transactions. “Everybody in the business community was watching closely what was going on in the political scene,” she reports.

Read more: The Buzz in Macedonia: Interview with Tatjana Popovski Buloski of Polenak Law Firm
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