Adon Legal has avised Alphaduct and Open Sky on their acquisition of electronic money institution UAB IBS Lithuania.
Ukraine Introduces New Law on Consumer Protection
On 5 July 2023, the President of Ukraine signed Law of Ukraine “On Consumer Protection” No. 3153‑IX (the “CP Law”). Most provisions of the CP Law will become effective one year after its publication, which is yet to be made, but not earlier than the date of termination or cancellation of martial law in Ukraine.
Ellex Advises Baltic Rezo on EUR 30 Million Loan from SEB Bank
Ellex has advised telecommunications infrastructure company Baltic Rezo on a EUR 30 million loan from SEB Bank.
Serbia's Long Fuse: A Buzz Interview with Slobodan Doklestic of Doklestic Repic & Gajin
Despite a recent M&A slowdown, updates to the capital markets and land rights laws, renewable energy auctions, and business migration heavily impact Serbia's legal and business landscape, according to Doklestic Repic & Gajin Partner Slobodan Doklestic.
BBR Bank Appoints Cvjeticanin & Partners' Nenad Cvjeticanin as Data Representative for Serbia
The BBR Bank has appointed Cvjeticanin & Partners Partner Nenad Cvjeticanin as its data representative for Serbia.
Oleksiy Stolyarenko and Andrii Moskalyk Make Partner at Baker McKenzie
Former Counsels Oleksiy Stolyarenko and Andrii Moskalyk have been appointed as Partners with Baker McKenzie in Kyiv on July 1, 2023.
Kinstellar and Hladky Legal Advise on Localazy Investment Round
Kinstellar has advised Localazy's founder on the approximately EUR 500,000 venture capital investment into the company by Garage Angels, 12Bullets, Lighthouse Ventures, and JIC Ventures. Hladky Legal advised Garage Angels on leading the round. Hladky Legal and, reportedly, KroupaHelan also advised the other investors.