Did You Know that, according to the Activity Rankings function of the CEELMDirect website, Schoenherr has published 18 articles of legal analysis on the subject of litigation/dispute resolution on CEE Legal Matters — the most of any firm — over the nine years of its existence?
Serbian Competition Authority Imposes EUR 460,000 Fine for Formation of a Consortium
The Commission for Protection of Competition of the Republic of Serbia ("Commission") recently imposed a EUR 460,000 fine on companies in the hazardous waste management market for forming a consortium to participate in a public procurement procedure.
Did You Know: Most Active CEE Firms During the COVID-19 Pandemic
Did You Know that, according to the Activity Rankings function of the CEELMDirect website, Clifford Chance worked on the most reported deals in CEE during the worst of the COVID-19 pandemic, from April 1, 2020, through January 1, 2022? In fact, the Magic Circle stalwart worked on an impressive 51 reported deals in CEE during that period – more than any other firm.
The Digital Services Act: A Tight Timeline for Compliance?
The Digital Services Act ("DSA") was published in the Official Journal of the European Union on 27 October 2022. This means that the Act, targeting numerous online services, will enter into force only 20 days later, on 16 November 2022.
Schoenherr Advises on Eucodis Bioscience Sale to Biosynth Group
Schoenherr has advised the shareholders of Vienna-headquartered biotech company Eucodis Bioscience on the sale of the company to the Biosynth Group. Reportedly, Gibson Dunn & Crutcher and E+H advised the Biosynth Group.
Know Your Lawyer: Alexandra Doytchinova of Schoenherr
An in-depth look at Alexandra Doytchinova of Schoenherr covering her career path, education, and top projects as a lawyer as well as a few insights about her as a manager at work and as a person outside the office.
In Search of Stability: Bulgaria’s Missing and Missed Legislation
In Bulgaria, one ordinary and two extraordinary parliamentary elections were held in the span of eight months in 2021, and the country is now preparing for yet another extraordinary election on October 2, 2022. Which outstanding legislative packages are critical – considering the absence of regular parliamentary activities – and what are their implications for the country?
Did You Know: Most Active Firms in CEE Banking/Finance in 2022
Did You Know that, according to the Activity Rankings function of the CEELMDirect website, Clifford Chance has worked on 23 reported Banking/Finance deals in CEE so far this year – the most of any firm – with Dentons, which has worked on 22 such deals so far this year, right behind?
Schoenherr and The Law Chamber Advise on Eurobank Sale of Eliade Tower to One United Properties
Schoenherr has advised Eurobank Greece on the sale of the Eliade Tower office building in Bucharest to One United Properties in a share deal. The Law Chamber advised One United Properties on the acquisition.
DTB Advises Allianz on Bancassurance Transactions with UniCredit in Croatia
Divjak Topic Bahtijarevic & Krka has advised Allianz on the sale of its 11.72% stake in Zagrebacka Banka to the UniCredit Group and on Allianz Holding Eins’ purchase of Zagrebacka Banka’s 16.84% stake in insurance company Allianz Croatia. Schoenherr reportedly advised UniCredit on the transactions.
Kubas Kos Galkowski Advises IMS Budownictwo on Sale of Office Building
Kubas Kos Galkowski has advised IMS Budownictwo on the sale of office building B in the Zablocie Business Park complex in Krakow to the Uniqa Group. Schoenherr reportedly advised Uniqa.
Austria: The (new) Copyright Contract Law
The Amendment of the Austrian Copyright Act fundamentally revised the Copyright contract law. An entire series of new provisions for the protection of authors was implemented. But what does this mean for (future) license holders? Let us take a look!
RPCK and Schoenherr Advise on Tierglueck's Sale of Klosterneuburg Store to Fressnapf Handels
RPCK Rastegar Panchal has advised Tierglueck on the sale of its Zoo & Co store in Klosterneuburg to Fressnapf Handels. Schoenherr advised Fressnapf on the acquisition.
RTPR Advises Integral Venture Partners on Investment in Medima Health
Radu Taracila Padurari Retevoescu has advised Integral Venture Partners on its investment in Medima Health. Schoenherr reportedly advised Medima Health majority shareholder Morphosis Capital Fund I.
Moldova: Excursus on the Latest Update to the Labour Code
Following the tendency among EU states to improve labour legislation, through its 28 July 2022 law ("Law 243/2022"), the Moldovan Parliament passed certain amendments to the Labour Code. These were motivated by the need to align the existing legislation to current realities and the recommendations of the International Labour Organization.
RPCK and Schoenherr Advise on YodelTalk's Sale to Sendinblue
RPCK Rastegar Panchal has advised YodelTalk Limited and its founders on the sale of the company to Sendinblue. Schoenherr and, reportedly, Paul Hastings advised Sendinblue on the acquisition.
Schoenherr Advises Managers on EUR 750 Million Issuance by Erste Group
Schoenherr has advised the managers on the EUR 750 million issuance of 2.5% mortgage pfandbriefe due 2030 by the Erste Group Bank. Wolf Theiss reportedly advised Erste.
New Rules in Czech Ubo Law as of 1 October 2022. Immediate Threat of Sanctions.
The Czech Act on Ultimate Beneficial Owners (the "UBO Act") has been effective since 1 June 2021. Not even a year and a half later, Czech lawmakers introduced an amendment to the UBO Act (the "Amendment") after significant pressure from the European Commission to comply with the Fifth Anti-Money Laundering Directive ("AMLD5").