The Bulgarian Parliament adopted amendments to the Copyright and Neighbouring Rights Act (CNRA) in December 2023 to transpose the Digital Single Market Directive (EU) 2019/ 790 and the CabSat Directive (EU) 2019/789.
The Debrief: March 2024
In The Debrief, our Practice Leaders across CEE share updates on recent and upcoming legislation, consider the impact of recent court decisions, showcase landmark projects, and keep our readers apprised of the latest developments impacting their respective practice areas.
Stratulat Albulescu Advises American Industrial Partners on Acquisition of Veoneer Restraint Control Business
Stratulat Albulescu has advised the American Industrial Partners Capital Fund VII on its acquisition of Veoneer's Restraint Control Systems business.
Norton Rose Fulbright and Clifford Chance Advise on PLN 2.8 Billion Refinancing of Fiberhost and INEA
Norton Rose Fulbright has advised PKO Bank Polski, EBRD, ING Bank, Credit Agricole, Santander, Bank Pekao, mBank, and PZU on their PLN 2.8 billion syndicated refinancing of Fiberhost, INEA, and their associated companies. Clifford Chance advised the borrowers.
Successful MiCAR Licensing in Austria: FMA Publishes Roadmap for Crypto-Asset Service Providers
As the regulatory landscape for crypto-assets undergoes a significant transformation with the European Union's implementation of the Markets in Crypto-Assets Regulation (MiCAR, Regulation (EU) 2023/1114), attention turns to the preparatory steps entities must take to comply with these new standards.
TGS Baltic Advises Kinnevik on Sale of Tele2 Stake to Freya Investissement
TGS Baltic, working with Cederquist, has advised Kinnevik on the sale of its entire holding in Tele2 to Freya Investissement for a total of SEK 13 billion.
The New York Times sues OpenAI and Microsoft for Copyright Infringement in AI Models Development
Artificial intelligence (“AI”) has been present in our lives for a while now, but it became a buzzword when OpenAI introduced ChatGPT to the public. Therefore, the lawsuit against OpenAI and the datasets used by ChatGPT deserve more attention than other similar cases.