On August 1, 2023, Binder Groesswang announced that Semperit Aktiengesellschaft Holding's acquisition of the Austrian Rico Group (reported by CEE Legal Matters on May 9, 2023) had closed.
PHH and Dentons Advise Kommunalkredit on EUR 37.5 Million Financing for 63-Megawatt PV Plant in Hungary
PHH and Dentons have advised Kommunalkredit on a EUR 37.5 million financing for the 63-megawatt Senyo photovoltaic plant in Hungary. CMS reportedly advised the project's commissioners, Green Source and Core Value Capital.
Cobalt Successful for Gireles Paukstynas Poultry Farm Against Insurer Lietuvos Draudimas
Cobalt has successfully represented Lithuanian poultry farm Gireles Paukstynas before the Supreme Court of Lithuania in a dispute with insurer Lietuvos Draudimas regarding the insurer's refusal to recognize the state-mandated slaughter of sick birds as an insured event.
Integrites and Redcliffe Partners Advise on Kovalska Group's EUR 27 Million Loan from Invest International
Integrites has advised the Kovalska Group on a EUR 27 million long-term secured loan from Dutch Invest International to finance the construction of a new aerated concrete production plant in Rozvadiv, Ukraine. Redcliffe Partners, working with the Amsterdam office of Clifford Chance, advised the lender.
White & Case and Clifford Chance Advise on Financing for Emitel
White & Case has advised a consortium of financial institutions on their up to PLN 1.57 billion financing – including a term loan, an investment loan, and a revolving credit facility – granted to Emitel. Clifford Chance advised Emitel.
Adam Boross Joins Jalsovszky as Head of Banking and Finance
Former Deloitte Legal Managing Associate Adam Boross has joined Jalsovszky as its new Head of the Banking and Finance group.
Hope and Preparation in Lithuania: A Buzz Interview with Akvile Bosaite of Cobalt
Lithuania hopes for the best and prepares for the worst by further tightening its banking and fintech regulations, following the latest decisions and position papers issued by the supervisory authority. Despite talks of a recession, the banking and finance market remains active, according to Cobalt Partner Akvile Bosaite.