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White & Case has advised joint lead managers Commerzbank Aktiengesellschaft, Crddit Agricole Corporate and Investment Bank, Mizuho International plc, and UniCredit Bank Austria AG on the December 14, 2017, EUR 1 billion bond issuance by OMV Aktiengesellschaft — the largest bond issuance in the Austrian market in 2017. Weber & Co. advised OMV on the issuance.

Wolf Theiss has advised France's Saint-Gobain on Polish and Austrian law matters related to its acquisition of a 90% stake in the Polish company ISOROC Polska from Austrian company ISOROC Holding AG, represented by Austrian industrialist Alexander Maculan. The formal signing took place on November 24, 2017, and Wildmoser/Koch & Partner Rechtsanwalte advised the sellers.

On Thursday, November 30th, leading legal practitioners from across Central and Eastern Europe gathered in Prague to help CEE Legal Matters celebrate its fourth successful year as the leading chronicle of the legal industry in the region, participating in an expert Round Table conversation about the year just concluded and enjoying an evening of dinner, drinks, and bonhomie. 

The Polish Government has recently presented a draft Program on Fighting Corruption for 2018 through 2019. This is another step in the ongoing effort to introduce legal mechanisms aimed at reducing corruption in Poland. The process of systematically fighting corruption started several years ago, and it has allowed Poland to move from 43rd place in the Transparency International Corruption Perceptions Index in 2010 up to 29th place in 2017. The aim of the contemplated regulations is to push Poland further up the ranking and continue its transition to a true western-style economy.

Wolf Theiss has advised German real estate investment company Art-Invest on its entrance into the Austrian market by means of its acquisition of Vienna's Millennium Tower, Austria's second highest office building, from Morgan Stanley and the Kaufmann Group. The purchase took place for a special fund which Art-Invest established on behalf of the pension fund Rheinische Versorgungskassen.

The commercial legal markets of Central & Eastern Europe didn’t appear automatically. They didn’t develop in a vacuum. They were formed, shaped, and led, by lawyers – visionary, hard-working, commercially-minded, and client-focused individuals pulling the development of CEE’s legal markets along behind them as they labored relentlessly for their clients, their careers, their futures. 

Slaughter and May and Wolf Theiss were the two Chairman Sponsors of the 2017 General Counsel Summit in Warsaw, and the individuals from both firms who actually chaired the proceedings – Jonathan Marks, Partner at Slaughter and May on Day 1 and Ron Given, Partner at Wolf Theiss on Day 2 – were kind enough to speak with us about their involvement at the event.