The Czech Republic has implemented a number of statutory reforms aimed at tackling corruption and fraudulent business practices. These reforms have been welcomed by Transparency International, which describes the Czech Republic as making one of the greatest advances in fighting corruption worldwide in 2015. In this context, the Czech Corporate Criminal Liability Act (CCLA), applied by prosecution authorities with growing frequency, has in particular been in the limelight.
Noerr has advised long term client foodpanda on the USD 100 million sale of Delivery Club, which Noerr describes as "the number one Internet food delivery company in Russia," to Mail.Ru Group. Dentons advised Mail.Ru Group on the deal, by which it will acquire 100% of Delivery Club in an all cash transaction. The deal is not subject to any third party approvals.
Lawyers from Noerr’s Warsaw office have joined with colleagues in the firm’s Berlin and Frankfurt offices in advising SAF-Holland S.A. on its takeover bid for the listed Swedish Haldex Group. The cash bid values the company at around EUR 442 million. The Vinge firm advised SAF-Holland on Swedish law.