Schoenherr, working with Proskauer Rose and Paul Hastings, has advised Luminator Technology Group and Wingspire Capital on USD 40 million term and revolving loans granted to LTG.
Schoenherr and Molnar and Bereczky Advise on Situlus Holding's Sale of Industrial Site in Hungary
Schoenherr has advised Seidel Hungaria Ingatlankezelo on its sale of an industrial asset located in Ajka, Hungary to Muszertechnika Holding. Molnar and Bereczky advised Muszertechnika Holding.
Tough Times Ahead for Slovak Employers?
In recent weeks, the Slovak Parliament has approved two laws that could substantially increase labour costs for employers in Slovakia. One amendment to the Minimum Wage Act raises the automatic determination rate of the minimum wage, while another introduces a new contribution to cover sports activities for employees' children.
Schoenherr Advises Pan-Pek on EUR 20 Million Financing from PBZ and EBRD
Schoenherr has advised Pan-Pek on securing a EUR 20 million long-term loan from Privredna Banka Zagreb, part of the Intesa Sanpaolo Group, in cooperation with the European Bank for Reconstruction and Development.
Schoenherr and Clyde & Co Advise on Electrum Concreo's PLN 400 Million Financing
Schoenherr has advised Electrum Concreo on up to PLN 400 million financing via bilateral multi-product lines and a refinancing facility from PKO Bank Polski, mBank, Bank Gospodarstwa Krajowego, Credit Agricole Bank Polska, and Santander Bank Polska. Clyde & Co advised the banks.
Schoenherr Advises InPharm Co on Acquisition of Casa Spadijer Bioclinica
Moravcevic Vojnovic and Partners in cooperation with Schoenherr has advised InPharm Co on its acquisition of Casa Spadijer Bioclinica.
Schoenherr Announces 12 New Partners in Latest Promotion Round
Schoenherr has promoted Vienna-based Stefanie Aichhorn-Woess, Alfred Amann, Johannes Frank, Ayla Ilicali, Christoph Jirak, Sara Khalil, Sebastian Lukic, Johannes Stalzer, and Stefanie Stegbauer, Zagreb-based Kresimira Kruslin, Warsaw-based Daniel Radwanski, and Bucharest-based Nora Olah to Partner (already announced in August this year).
A New Era in Hungary's District Heating Sector: Higher Profit Limits and a Focus on Geothermal Energy
The Government of Hungary has overhauled the regulatory framework governing the district heating sector. The legislative changes are primarily aimed at supporting substantial new investments in district heating production by increasing the profit limits for new installations utilising renewable and geothermal energy.
Schoenherr and Madirazza & Partners Advise RP Global on Mirova's EUR 480 Million Investment
Schoenherr and Madirazza & Partners have advised RP Global on Mirova's agreement to invest up to EUR 480 million in RP Global Energy. Clifford Chance reportedly advised RP Global as well. White & Case's Paris office reportedly advised Mirova. Spain-based Uria Menendez, Portugal-based Abreu Advogados, France-based LPA-CGR Avocats, Germany-based Chatham Partners, and the Italian office of DWF reportedly advised RP Global on the matter as well.
Closing: E&'s Acquisition of PPF Telecom Bulgarian, Hungarian, Serbian, and Slovakian Assets Now Closed
On October 25, 2024, White & Case has announced that E&'s acquisition of PPF Telecom Bulgarian, Hungarian, Serbian, and Slovakian assets (as reported by CEE Legal Matters on August 9, 2023) has now closed.
Schoenherr and Schindler Advise on Sale of Aventario Group to Waldegg Equity Partners
Schoenherr has advised Aventario Group founder and sole owner Markus Kern on the sale of a majority stake in the company to Waldegg Equity Partners. Schindler advised the buyer.
Schoenherr and E+H Advise on ImWind’s Sale of Wind and Solar Park Portfolio to Wien Energie
Schoenherr has advised ImWind on the sale of two wind farms and one solar park to Wien Energie. E+H advised Wien Energie.
Schoenherr Advises Tupperware Oesterreich on Restructuring
Schoenherr advises Tupperware Oesterreich on its restructuring proceedings without self-administration.
Schoenherr Advises Verdane on Partnership with Cropster
Schoenherr, working with McDermott Will & Emery and Latham & Watkins, has advised Verdane on its partnership with Cropster. Sole practitioner Robert Benedikt reportedly advised Cropster.
Schoenherr and Eversheds Sutherland Advise on Sunrise Real Estate and Ares Management's EUR 1.5 Billion European Logistics Portfolio Refinancing
Schoenherr has advised Sunrise Real Estate and Ares Management on a refinancing deal with Blackstone and Apollo Global Management for a European logistics portfolio valued at approximately EUR 1.5 billion. Eversheds Sutherland advised the lenders. A&O Shearman reportedly advised Sunrise Real Estate and Ares Management as well.
The National Bank of Hungary's New ESG guideline: A Brief Overview
The National Bank of Hungary (NBH) introduced a new guideline No. NBH's 9/2024, also known as the ESG (Environmental, Social and Governance) Guideline. This initiative aims to help financial institutions incorporate sustainability considerations into their risk management processes. The Guideline seeks to standardise the collection and assessment of ESG information, thereby enhancing predictability in legal compliance and reducing administrative burdens for businesses applying for credit.
Dorda and Schoenherr Advise on Verdane's Partnership with Eversports
Dorda, working with Kirkland & Ellis, has advised Verdane on its partnership with Austrian sports platform Eversports. Schoenherr advised Eversports.
Schoenherr Advises IndieBI on Funding Rounds
Schoenherr has advised IndieBI on raising equity capital through two investment rounds which included undisclosed industry investors.