Schoenherr has advised Bontexgeo on the sale of an industrial asset in Tiszaujvaros. The undisclosed buyer was reportedly advised by sole practitioner Livia Bretscher.
Austria: Can I Claim that My Product Is Climate Neutral?
In a recent judgment, the German Federal Court of Justice (BGH) held that the claim "climate neutral" is ambiguous and often misleading unless the advertisement itself explains its specific meaning. This sets a trend for Austria, where courts have traditionally followed the standards set by the BGH in relation to environmental advertising when assessing such claims under unfair competition law. On an EU level, the restrictions regarding claims about greenhouse gas emissions are becoming even stricter, leaving advertisers with much to consider before making claims such as "climate neutral".
Schoenherr and Mamic Peric Reberski Rimac Advise on Siemens Energy's Joint Venture with Koncar
Schoenherr has advised Siemens Energy on a joint venture agreement with Koncar for the production of transformer tanks. Mamic Peric Reberski Rimac advised Koncar.
Czech Class Actions Series – Part II
Czech Class Actions Act already effective: who are the subjects of class actions in the Czech Republic?
Schoenherr and CMS Advise on Breiteneder Immobilien Parking Group's Notes Deals
Schoenherr has advised Erste Group Bank on Breiteneder Immobilien Parking Group's invitation to existing holders to exchange their notes issued in 2018 for the recently issued Breiteneder Immobilien Parking 4.875% notes 2024-2030. The firm also advised Erste Group Bank as the lead manager and Oberbank as co-lead manager on the subsequent successful tap issue of the 2024-2030 notes. CMS advised the issuer.
Schoenherr Advises Vehis Finanse Debt Securities Offerings
Schoenherr has advised Vehis Finanse on two public offerings of debt securities.
Schoenherr Advises on Resalta’s Sale of Resalta BV Netherlands to Aggreko
Schoenherr, working with Rutgers & Posch, has advised the shareholders of Resalta on the disposal of a controlling stake in Resalta BV Netherlands, including its Slovenian, Croatian, Serbian, Romanian, and Czech Republic subsidiaries, to Aggreko. A&O Shearman reportedly advised Aggreko.
Schoenherr Advises OMV Slovakia on Acquisition of Benzinol Filling Stations
Schoenherr has advised OMV Slovakia on the acquisition of a network of 27 filling stations from the Benzinol Group.
Schoenherr and Binder Groesswang Advise on Liechtensteinische Landesbank's acquisition of Zuercher Kantonalbank Oesterreich
Schoenherr has advised Liechtensteinische Landesbank on the acquisition of Zuercher Kantonalbank Oesterreich with offices in Vienna and Salzburg. Binder Groesswang advised Zuercher Kantonalbank.
Yankulov & Associates Advises Stanislav Gochev on Adarna Invest's Investment into WPP Gorichane
Yankulov & Associates has advised Stanislav Gochev on an investment from Adarna Invest for WPP Gorichane that also saw the exit of Valentin Ivanov. Reportedly, Schoenherr advised Adarna Invest and Novel Law advised Valentin Ivanov.
CMS, Pierstone, and KLB Legal Advise on Rohlik Group's USD 170 Million Series D1 Round
CMS has advised the EBRD, Partech, and Quadrille Capital on Rohlik Group's USD 170 million Series D1 round that also saw Sofina, Vitavest, Index Ventures, Waltman, EMEH, DTSG, All-Star Holding, and Rohlik.cz Investment participate. Pierstone advised Index Ventures. KLB Legal advised All-Star Holding. Reportedly, Perkins Cole advised the Rohlik Group, Horakova Legal advised EMEH, and Schoenherr advised DTSG.
Schoenherr Advises Schwarzueller on Partnership with Krone
Schoenherr has advised the Schwarzmueller Group on a partnership with the Krone Group. CMS reportedly advised the Krone Group.
Lovric, Novokmet & Partners and Schoenherr Advise on Entrio's EUR 9 Million Investment from Invera Equity Partners
Lovric, Novokmet & Partners has advised Entrio on a EUR 9 Million investment from Invera Equity Partners. Schoenherr advised the fund.
DPC Advises Electrawinds Bulgaria on Sale of PV Project to Mytilineos
Dimitrov, Petrov & Co has advised Electrawinds Bulgaria on the sale of a 70-megawatt photovoltaic project near the town of Montana, Bulgaria, to an SPV of Mytilineos. Schoenherr reportedly advised Mytilineos.
Hungary Looks at AI, ESG, Employment, and East: A Buzz Interview with Daniel Gera of Schoenherr
With ESG and AI becoming increasingly important for all businesses, the two are set to impact law firms in Hungary as well while the country looks to tackle immigration reforms and enhance consumer protections, according to Schoenherr Hungary Managing Partner Daniel Gera. Against this background, a noticeable trend of FDI sources tilting East is registered.
Schoenherr and Freshfields Advise on B&C Group's Sale of Stake in Lenzing to Suzano
Schoenherr has advised the B&C Group on the sale of a 15% stake in Lenzing to Suzano and on the establishment of a long-term shareholder syndicate. Freshfields advised Suzano.
Schoenherr Advises Ergo and DKV on EUR 90 Million Refinancing for Vantage Group
Schoenherr, working with Ashurst, has advised Ergo Vorsorge Lebensversicherung and DKV Deutsche Krankenversicherung on the EUR 90 million refinancing for Vantage Group’s rental housing portfolio in Poland.
Schoenherr and Herbst Kinsky Advise on Ascent Group's Acquisition of Parkside
Schoenherr, working with Wenger Vieli and CCA Law Firm, has advised Ascent Group on the acquisition of Parkside Informationstechnologie, with subsidiaries in Switzerland and Portugal. Herbst Kinsky advised the sellers.