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29 New Articles

Few topics have sparked as much controversy in 2024 as the seizure and examination of mobile data carriers and the data found therein. Despite an urgent need to have the legal framework amended by the end of 2024, a new draft bill was published only on 20 November 2024. We take a look.

As Schonherr Head of Intellectual Property and Dispute Resolution practices in Bulgaria Ventsislav Tomov explains, Bulgaria’s delicate political situation and unreliable judicial system are creating a challenging environment for both local and international businesses. Amid these uncertainties, internal corporate investigations are on the rise, driven by cultural clashes between Western investors and Bulgarian management as well as growing concerns over compliance and governance.

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 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 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).

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 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. 

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.

Schoenherr at a Glance

Schoenherr is a leading full-service law firm providing local and international companies stellar advice that is straight to the point. With 15 offices and 4 country desks Schoenherr has a firm footprint in Central and Eastern Europe. Our lawyers are recognised leaders in their specialised areas and have a track record of getting deals done with a can-do, solution-oriented approach. Quality, flexibility, innovation and practical problem-solving in complex commercial mandates are at the core of our philosophy.

Firm's website: www.schoenherr.eu