JSK has advised Abris Capital Partners and its portfolio company Alsendo on their acquisition of a majority stake in Zaslat.cz. Samak reportedly advised the sellers.
Glatzova & Co and NK Law Group Advise on Pale Fire Capital Acquisition of Stake in Acond
Glatzova & Co has advised Pale Fire Capital on its acquisition of an investment stake in Czech heat pump manufacturer Acond. The NK Law Group advised the previous investor on the sale.
Restructuring Laws and Regulations in Slovakia
Contributed by CMS.
Dentons Represents Maria Koranova Pro Bono in Whistleblowing Case
Dentons has provided pro bono legal representation to whistleblower Maria Koranova, an employee of a state-funded organization founded by Slovakia’s Ministry of Health.
FDI Screening in Slovakia
New investment screening legislation entered into force on 1 March 2021. Under the new FDI regime the acquisition of a shareholding in certain designated entities or of the business of these entities needs to be reported and may be subject to approval of the Slovak Government.
Dentons, Polenak, Boyanov & Co, and Clifford Chance Advise on Financing for KKCG Group’s Acquisition of Musala Soft
Dentons has advised a syndicate of banks led by Ceska Sporitelna, and including Ceskoslovenska Obchodni Banka and Komercni Banka, on the financing of KKCG Group and Aricoma Group’s acquisition of Musala Soft. Polenak, Boyanov & Co, and, reportedly, Andric and TM & Partners advised the banks as well. Clifford Chance advised Aricoma Group on the deal.
W&I Insurance On The Rise in CEE: An Interview with Gergely Juhasz of RFB Consulting
Last year has been a busy time in terms of warranty & indemnity insurance for the CEE market, according to W&I Insurance Broker and Advisor and former M&A lawyer Gergely Juhasz.
Havel & Partners Advises Slovenska Posta in Competition Investigation and Proceedings
Havel & Partners has advised Slovenska Posta on a four-year investigation and administrative proceedings concluded with imposing commitments and no fine.
Havel & Partners and Dentons Advise on ZFP Investments' Acquisition of Blumental Offices Project from Corwin
Havel & Partners has advised ZFP Investments on its acquisition of the Blumental Offices project from Corwin. Dentons advised the seller.
NKA Advises on Five Slovak Banks' JV EC Approval
Nedelka Kubac Advokati has advised Slovenska sporitelna, VUB, Tatra banka, CSOB, and 365.bank on receiving European Commission approval for a joint venture between the five banks.
KSB Advises J&T IB Capital Markets on Bond Issuance by J&T Energy Financing CZK
Kocian Solc Balastik has advised arranger J&T IB Capital Markets on the issuance of unsecured unsubordinated book-entry bonds by J&T Energy Financing CZK, with a total value of EUR 750 million and an option to increase to EUR 2.25 billion.
JSK Advises CVI on Investment in Saunia
JSK has advised Credit Value Investments on its investment in the Saunia Group through a bond financing. BDO Legal reportedly advised Saunia.
Havel & Partners, Savoric & Partners, ODI Law, and Hillbridges Advise on CCC Group Refinancing
Havel & Partners, Savoric & Partners, ODI Law, and Hillbridges have advised a syndicate of banks on the approximately EUR 196 million syndicated cross-border refinancing loan to the CCC Group. Linklaters, Lakatos Koves & Partners, and Filip & Company reportedly advised the lenders as well.
Schoenherr Advises Kontron on Sale of Divisions Within IT Services Business for EUR 400 Million
Schoenherr, working with Pinsent Masons and Wenger Vieli, has advised Kontron on selling parts of Kontron Group’s IT services business to Vinci Energies during a competitive auction process, for approximately EUR 400 million. Reportedly, Baker McKenzie’s German office advised Vinci Energies. Loloci & Associates advised Kontron on Albanian matters.
Ultimate Beneficial Owner Registration in Slovakia
The Slovak Republic has transposed regulations to prevent money laundering and terrorist financing. These regulations are mainly stated in the AML Act.
Slovakia: ESG Transforming the Market
The Slovak market is undergoing an ESG transformation. As in most CEE countries, ESG is not yet regulated by a specific law in the Slovak Republic. Nevertheless, the trend toward considering ESG issues has appreciably increased in the last two years.
Taylor Wessing Advises GA Drilling on Investment from Nabors Industries
Taylor Wessing has advised Slovakia's GA Drilling on an EUR 8 million investment from US-based Nabors Industries.
Hugh Owen Becomes Head of Legal at PwC CEE
Hugh Owen was appointed to the role of Head of Legal at PwC Central and Eastern Europe.