Discussing the draft bill aimed at increasing the contribution to legal costs for suspects not found guilty in criminal proceedings. Recently, the government has published its revised bill.
Wolf Theiss, Cerha Hempel, and Schoenherr Advise on Takeover Bids for Addiko Bank
Wolf Theiss has advised Addiko Bank on navigating the takeover bids submitted by Agri Europe Cyprus Limited and Nova Ljubljanska Banka. Cerha Hempel advised Agri Europe. Schoenherr advised NLB.
Schoenherr Advises Fiberhome on Hungarian Business Setup and Industrial Site Acquisition
Schoenherr has advised Chengdu Datang Communication Cable on the establishment of its Hungarian subsidiary, Zettanet Kft., and the acquisition of a 25,000-square-meter industrial site in Kisber from Sumitomo Electric Wiring Systems Limited. Sole practitioner Zsolt Fuesthy advised the sellers.
Schoenherr and Tuca Zbarcea & Asociatii Advise on Piraeus Bank's Sale of EUR 400 Million NPE Portfolio Participation to APS
Schoenherr has advised Piraeus Bank on the sale of its participation in a EUR 400 million primarily non-performing exposures portfolio to APS. Tuca Zbarcea & Asociatii advised APS.
Schoenherr Advises Santander Bank Polska on Financing for OEX Acquisition of Loyalty Point
Schoenherr has advised Santander Bank Polska on its financing agreement with publicly listed company OEX to support the acquisition of a majority stake in Loyalty Point.
Legal Tech Hub Europe: Six Years In
With legal services in a constant state of technology-driven evolution, Austria-based Legal Tech Hub Europe is trying to revolutionize the legal industry by fostering innovation and embracing the digital future. Partners from Dorda, E+H, Herbst Kinsky, and Schoenherr – four of the five firms spearheading the hub – talk about the initial set-up of the LTHE and its milestones over the last six years.
Bulgaria Steps Out of a Legislative Backlog
In September 2022, CEE Legal Matters reported on Bulgaria’s outstanding legislative packages caused by three parliamentary elections being held in the span of eight months. Nearly two years later, Hristov & Partners Partner Dragomir Stefanov, Kambourov & Partners Partner Veronika Hadjieva, Penkov, Markov & Partners Associated Partner Nikolay Voynov, Peterka & Partners Partner Plamen Peev, and Schoenherr Bulgaria Co-Head of Real Estate Elena Todorova discuss the progress made after the extended legislative hiatus.
Bulgaria: Real Estate Trends and Projects Status
Although 2024 is just beginning, below we have summarized the trends and projects expected to have an impact on the development of the real estate market in Bulgaria:
Schoenherr Advises Euro Real Estate on Acquisition of City Tower Vienna from Immofinanz
Schoenherr has advised Euro Real Estate Holding on the indirect acquisition of the City Tower Vienna via United Benefits Holding from Immofinanz. Reportedly, Jank Weiler Operenyi advised Immofinanz and Wolf Theiss advised UniCredit Bank Austria.
E+H and Schoenherr Advise on PAI Partners' Acquisition of VAMED Group's Rehabilitation Business
E+H has advised PAI Partners on the acquisition of VAMED Group's rehabilitation business from Fresenius. Schoenherr, working with Latham & Watkins, advised the sellers. Reportedly, Willkie Farr & Gallagher, Novacos, Baer & Karrer, KNPZ Rechtsanwaelte, and Havel & Partners advised on the deal as well.
Schoenherr Advises on PLN 300 Million Financing for Eneris Group
Schoenherr has advised Bank Pekao and Santander Bank Polska on PLN 300 million financing to Eneris Group.
Schoenherr Advises ITgma on Sale to Modirum
Schoenherr has advised the owners of ITgma on the sale of a majority ownership stake to Modirum.
Key Takeaways From Year One of the Slovak FDI regime
The first comprehensive Slovak foreign direct investment (FDI) screening regime entered into force on 1 March 2023. Now that the first year of this new FDI regime is behind us, below we summarise the key takeaways based on our practical experience with this law.
Reimbursement of or Contribution to Defence costs in Criminal Proceedings: New Draft Bill Is a Missed Opportunity
It has been a long time coming and is among the most requested changes in criminal procedure law. Finally, on 24 April 2024, the Austrian government presented a draft bill aimed at increasing the contribution to legal costs for suspects acquitted in criminal proceedings. While it is a giant step forward, serious doubts remain about whether it goes far enough.
Cytowski & Partners Advises Serbia's Collabwriting on USD 1.1 Million Seed Financing
Cytowski & Partners has advised Collabwriting on its USD 1.1 million seed financing with Smok Ventures, Credo Ventures, Fiedler Capital, Underline Ventures, Startup Wiseguys, and several CEE angel investors. Schoenherr reportedly advised Collabwriting as well. San Diego-based Komorowski PLLC reportedly advised lead investor Smok Ventures.
Schoenherr Advises Eleco on Vertical Digital Acquisition
Schoenherr, working with Dorsey & Whitney, has advised building software provider Eleco on the full acquisition of Vertical Digital.
Domokos Neagu Sarbu Successful for Alpiq in Dispute with Romanian Tax Authority
Domokos Neagu Sarbu has successfully represented Alpiq in a tax dispute with the Romanian tax authority in a case that ultimately required the input of the Romanian Supreme Court.
Szymon Czerwinski Joins Schoenherr as Tax Partner in Warsaw
Former Soltysinski Kawecki & Szlezak Senior Counsel Szymon Czerwinski has joined Schoenherr in Poland as a Partner to lead the firm's Tax team.