CEE Legal Matters In-depth coverage of the news and newsmakers that shape Europe's emerging markets 
Kinstellar, working with Linklaters, has advised the United Petfood Group on securing approximately EUR 526 million in syndicated term and revolving facilities. BNP Paribas, J.P. Morgan, Rabobank, and ING Bank were the mandated lead arrangers and bookrunners, with ING Bank also acting as agent.
The European Data Protection Supervisor has published a case-law digest on the transfer of personal data to third countries¹. The case-law digest aims to clarify the structure of the analysis carried out by the Court of Justice of the European Union (“CJEU”) in judgments concerning the transfer of personal data to third countries, in particular by highlighting the steps followed and the jurisprudential acquis in relevant case law.
On April 19, 2021, CEE Legal Matters reported that Tuca Zbarcea & Asociatii had advised Coca-Cola HBC Romania on its acquisition of 50% of the share capital in the Stockday b2b e-commerce platform from Heineken Romania. CEE In-House Matters spoke with Raluca Alexandru, Legal Manager at Coca-Cola HBC Romania, to learn more about the deal.
Kinstellar has advised FirstFarms A/S on the DKK 104 million sale and divestment of its operations in North-Western Romania.
Suciu Popa has successfully represented Romanian railway freight carrier Grup Feroviar Roman SA in a commercial dispute against a debt collection company.
The first part of July 2021 marks an important step at the level of the EU in its road towards the European Green Deal objectives. On July 14, 2021, the European Commission (EC) announced the rather complex set of reforms under the Fit for 55 package. Only a week before, the EC issued the Renewed Sustainable Finance Strategy setting forth the main steps going forward towards placing ESG-disclosures and sustainability matters at the heart of financing system and economy in the EU.
Hategan Attorneys has announced that it had internally reconfigured from what the firm describes as a pyramidal structure to a horizontal one.
Mihaela Gherghe has been promoted to Partner with Rizoiu & Poenaru.
CMS' Malgorzata Surdek-Janicka has been appointed as Vice-President of the International Court of Arbitration at the International Chamber of Commerce in Paris. Aside from Surdek-Janicka, 33 lawyers from CEE were appointed as members and alternate members of the court.
Dentons has advised the NEPI Rockcastle Group on two loans from the IFC and a bank syndicate led by BRD-Groupe Societe Generale and the Garanti Bank. Allen & Overy London reportedly advised the IFC and CMS Bucharest advised the banks.
The close relationship between data protection and cyber security results from Art. 5 of the European Union’s (EU) General Data Protection Regulation (“GDPR”) which outlines one of the most important principles relating to processing of personal data: “integrity and confidentiality”.
Filip & Company, working with Linklaters, has advised the Ministry of Public Finance of Romania on a two-tranche Eurobond issue that drew over EUR 3.5 billion from the international markets.
Former Managing Associates Liliana Deaconescu and Corina Tanase have been promoted to Partner at Leaua Damcali Deaconu Paunescu.
Bpv Grigorescu Stefanica has advised Hornbach on the acquisition and development of a DIY Store in Cluj-Napoca, Romania.
The global pandemic has impacted all markets, with subsequent ramifications for M&A. Investors are now seeking greater protection against general lock-downs and supply-chain disruptions, while governments aim to protect critical supplies and services by imposing new regulations on foreign investment in crucial or strategic industries.
In this article we tackle two major questions for any real estate investor when taking a decision regarding a future real estate project: to what extent is it permitted to erect buildings on land plots designated as green areas upon their acquisition or upon securing those plots for the future project? And what about when a reconversion of such land plots from green areas into other functions, such as commercial, residential, industrial etc., occurred at some point in the past?
The COVID-19 pandemic has boosted digitalization and digital interaction at all levels of European society. Along with increased interconnectivity, however, came greater vulnerabilities and threats from a cybersecurity perspective.
The Health Ministry and the Ministry of Internal Affairs have issued Order no. 1204/99/09.07.2021 to supplement Order no. 874/81/2020, which established an obligation to wear a protective mask, epidemiological triage and mandatory hand disinfection to prevent contamination with the SARS-CoV-2 virus during the state of alert (the “Order”) and have published it in the Official Gazette no. 683 dated 9 July 2021.
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