CMS has advised TurboVolt on its sale to Eleport. Ellex advised Eleport and, reportedly, Schoenherr advised Eleport on Austrian, Croatian, and Slovenian law.
Schoenherr and Karanovic & Partners Advises Integral Venture Partners on Acquisition of 50% stake in EsoTron
Moravcevic, Vojnovic and Partners in cooperation with Schoenherr has advised Integral Venture Partners on its acquisition of a 50% stake in EsoTron. Karanovic & Partners advised the founders of EsoTron on the sale.
Austria: EU Nature Restoration Law Has Come Into Force
The Regulation (EU) 2024/1991[1], known as the "Nature Restoration Law" ("NRL"), represents a significant EU initiative aimed at reversing ecosystem degradation. The NRL requires Member States to restore degraded ecosystems and enhance biodiversity and resilience across land and marine areas. Effective from 18 August 2024, the NRL imposes binding targets for ecosystem restoration, presenting both opportunities and challenges. This article analyses the NRL's potential impacts on the private sector, highlighting significant concerns and legal issues.
2024 HU GC Summit Sneak Peek: Interview with Miklos Klenanc of Schoenherr
With preparations for the 2024 CEE Legal Matters Hungary General Counsel Summit in full swing, Schoenherr's Miklos Klenanc talks about the upcoming event and the panel he'll be moderating.
Wolf Theiss, Clifford Chance, and Schoenherr Advise on Cellnex Telecom's Sale of its Austrian Telecommunications Tower Assets
Wolf Theiss, working alongside Clifford Chance, has advised Cellnex Telecom on the EUR 803 million sale of its Austrian telecommunications tower assets to a consortium comprising Vauban Infrastructure Partners, EDF Invest, and MEAG. Schoenherr, working with the Paris and London offices of Hogan Lovells, advised the buyers.
Czech Republic: Sustainability-Linked Loans: LSTA vs. LMA Frameworks
The sustainable finance sector has seen a surge, with Sustainability-Linked Loans (SLLs) hitting EUR 212 billion in early 2024[1], driven by a global emphasis on environmental responsibility and incentivizing ESG-compliant practices. This trend underscores the role of SLLs in corporate finance and global sustainability efforts.
Schoenherr Advises EBG MedAustron on Expansion of MedAustron Cancer Treatment and Research Centre in Wiener Neustadt
Schoenherr has advised EBG MedAustron on the expansion of the MedAustron cancer treatment and research center in Wiener Neustadt.
Austria: Blood, Tissue, Cells and More – New EU Regulation on Substances of Human Origin
In Austria, almost 1,000 units of stored blood are needed every day; in Germany, it is around 15,000 units. Blood is an important emergency medication in the event of accidents, childbirth, surgeries or serious illnesses. It has a shelf life of only 42 days and cannot be produced artificially.
Nora Olah Makes Partner at Schoenherr
Schoenherr has promoted Nora Olah to Local Partner in its Bucharest office.
RTPR, Schoenherr, and PNSA Advise on Romcim's of Acquisition of Tehno World
RTPR has advised Romcim on its acquisition of Tehno World. Schoenherr advised Romcim on the associated merger clearance and FDI filing and Popovici, Nitu, Stoica & Asociatii advised TehnoWorld on the deal.
Schoenherr Advises on Austrotherm's EPS Insulation Business Acquisition Clearance
Schoenherr has advised Austrotherm GmbH on the merger control filings for the acquisition of the EPS insulation business unit of the Austrian insulation manufacturer Brucha.
RTPR Advises Innova Capital on Sale of Optical Investment Group to EssilorLuxottica
RTPR has advised Innova Capital on the sale of Optical Investment Group to EssilorLuxottica. Schoenherr reportedly advised EssilorLuxottica.
Schoenherr and Griss & Partners Advise on Funke Works' Acquisition of Freyspiel
Schoenherr has advised Funke Works on its acquisition of Freyspiel from Sonja and Jakob Frey. Griss & Partners advised the sellers.
Schoenherr Advises Fortis Energy on Acquisition of Solar Power Plant in Sremska Mitrovica
Moravcevic, Vojnovic and Partners in cooperation with Schoenherr has advised Fortis Renewable Energy on the acquisition of a 180-megawatt solar power plant in Sremska Mitrovica, Serbia.
Freshfields and Baker McKenzie Advise on Assa Abloy's Acquisition of Skidata
Freshfields Bruckhaus Deringer has advised Assa Abloy on the acquisition of Skidata from the Kudelski Group. Baker McKenzie, working with Hogan Lovells, Holding Redlich, and Lenz & Staehelin, advised the Kudelski Group.
Romanian Competition Council Conducts Investigations of Alleged Abuse of Superior Bargaining Position and Alleged Unfair Trading Practices. What Does This Mean for Companies?
On 26 June 2024, the Romanian Competition Council (the "RCC") announced that it had conducted a dawn raid as part of an investigation concerning the possible abuse of a superior bargaining position by a company active in the supply of liquid medicinal oxygen against a public hospital. The investigation has been launched ex officio as a result of information received from public sources. The case is noteworthy as it marks the first time the RCC has launched a review regarding an alleged abuse of superior bargaining position, a relatively new type of infringement under Romanian competition rules.
Schoenherr Advises R-GOL.com on Acquisition of SportBM
Schoenherr has advised R-GOL.com on its acquisition of a majority stake in SportBM.
Bulgaria: OTC Derivatives, Repurchases, and Securities Lending Transactions – Expected EBRD-Driven Reforms
Derivatives, repurchases, and securities lending transactions are often used by sophisticated financial institutions and large corporate entities in Bulgaria to manage their portfolios of investments, hedge against financial risks, or get short-term credit. Such products are predominantly offered on an OTC basis by foreign banks, with mainly the largest local banks having the know-how and resources to do the same.