Former Metrostav in-house Counsel Hana Nevralova has joined JSK as a Partner. At the same time, the firm elevated former Managing Associate Daniel Pospisil to its partnership ranks as well.
CMS Advises M Core Group on Acquisition of Romanian Strip Malls Portfolio from MAS
CMS has advised M Core Group on its acquisition of a strip mall portfolio in Romania from MAS as well as on the acquisition financing.
Captive Insurance and its Prospects in Hungary
Captive insurance has experienced significant growth globally in recent years, driven by hard market conditions, emerging risks and increased volatility. Statistics reveal a steady increase in the number of captives over the past four years, rising from 5,879 in 2020 to 6,181 by the end of 2023, according to the Captive Managers and Domiciles Rankings + Directory 2024 published by Business Insurance.[1] Captive insurance companies are also increasingly used by Forbes 1000 and Fortune 500 companies to manage complex and emerging risks.
GKC Partners and Unsal Attorney Partnership Advise on Yapi Kredi's Forum AVM Restructuring
White & Case’s Turkish affiliate GKC Partners has advised Yapi Kredi on the restructuring of the financial indebtedness of seven Turkish shopping malls belonging to the Forum AVM Group, in tandem with the Kucukler Holding and VK Holding acquisition of a 40% stake in the group. Unsal Attorney Partnership advised Kucukler Holding.
Vlasceanu & Partners Advises Heliolux on EUR 38 Million Financing from Raiffeisen Bank
Vlasceanu & Partners has advised Ecoenergy's Romanian subsidiary Heliolux on obtaining EUR 38 million in project financing from Raiffeisen Bank International for the 92-megawatt Parau photovoltaic solar project. CMS reportedly advised Raiffeisen Bank.
Clifford Chance Advises Nord/LB on OX2’s Rutki Solar Farm Financing
Clifford Chance has advised Nord/LB as the lender on the financing of OX2’s 100-megawatt Rutki Solar Farm in southwestern Poland. Allen & Overy Shearman Sterling reportedly advised OX2.
Sayenko Kharenko Advises Export and Investment Fund of Denmark on EUR 3.17 Million Facility to Ristone Holdings
Sayenko Kharenko has advised the Export and Investment Fund of Denmark on a EUR 3.17 million loan facility to Ristone Holdings.