Weinhold Legal and Cytowski & Partners have advised Czech Republic-based technology company ThreatMark on its series A financing round, securing an investment exceeding USD 23 million from London-based Octopus Ventures and The Riverside Company investment firm. Dentons' New York office reportedly advised Octopus Ventures. DLA Piper's New York office reportedly advised The Riverside Company.
CMS, Miskovic & Miskovic, BDK Advokati, Mamic, Peric, Reberski, Rimac, and Wolf Theiss Advise on Podravka's Acquisition of Companies from Fortenova Group
CMS' Croatian affiliate Bardek, Lisac, Musec, Skoko, and Partners has advised Privredna Banka Zagreb as the leading mandated arranger, coordinator, and agent on a EUR 283 million club loan, which also included Erste & Steiermaerkische Bank, Zagrebacka Banka, and OTP Banka, for Podravka's acquisition of companies from the Fortenova Group. Podravka also received a EUR 50 million equity investment from the EBRD, following the acquisition. Miskovic & Miskovic, BDK Advokati, and Gugic, Kovacic & Krivic advised Podravka. Mamic, Peric, Reberski, Rimac advised Fortenova Group. Wolf Theiss advised the EBRD. DLA Piper reportedly advised Podravka as well.
DLA Piper and CMS Advise on AKK's EUR 1.5 Billion Facility
DLA Piper has advised the Government Debt Management Agency (AKK), acting on behalf of the Republic of Hungary, on an international syndicated revolving credit facility agreement for a total amount of EUR 1.5 billion with 13 undisclosed Hungarian and international banks. CMS advised the coordinating banks.
New Mandatory Contractor's Professional Liability Insurance Rules from 2025
The legislator recently introduced a number of implementing regulations for the Architecture Act and more are expected in the near future. In this article, DLA Piper Hungary's lawyers outline the key details of the new, generally mandatory contractor's professional liability insurance, taking into account that contractors must have such insurance from 15 January 2025.
Linklaters and DLA Piper Advise on Qualitas Energy's Acquisition of Solar Farm Portfolio from Ib Vogt
Linklaters has advised Qualitas Energy on its acquisition of a 117-megawatt-peak solar farm portfolio from Ib Vogt in Poland. DLA Piper advised Ib Vogt.
Czech Act on Digitalization of the Financial Market
On December 6, 2024, the Chamber of Deputies of the Czech Republic approved the Act on Digitalisation of the Financial Market (ZDFT), which represents an important step in adapting the Czech legal framework to European regulations in the area of digital financial markets.
Guest Editorial: Legal Services Market Trends in CEE
I have now spent more than 25 years in the legal advisory business world. With my core focus on cross-border M&A transactions for Austrian and international clients and having worked on many deals that also covered the Central and Eastern Europe (CEE) region, I have witnessed lawyering in CEE register remarkable growth and sophistication over the past years.
Austria: Mobile Working – New Legislation and Legal Pitfalls
In recent years, accelerated by the COVID-19 crisis, the Austrian landscape of work has shifted, with remote working becoming a staple in the modern employment environment. In Austria, this development is reflected in the so-called 2021 “Home Office Act” which formalizes fundamental aspects of labor, tax, and social security law. However, the Home Office Act applies only to work performed from home.
DLA Piper Advises Enterprise Investors on Investment in eTravel
DLA Piper has advised Enterprise Investors fund on a EUR 58 million investment in eTravel, alongside the European Bank for Reconstruction and Development as a co-investor.
CMS and DLA Piper Advise on Tozsdepalota's Sale of Tozsdepalota Building to Granit Asset Management
CMS has advised Tozsdepalota on its sale of the Tozsdepalota Building. DLA Piper advised the buyers, Granit Asset Management.
The Corner Office: Conference, Anyone?
In The Corner Office, we ask Managing Partners at law firms across Central and Eastern Europe about their backgrounds, strategies, and responsibilities. As sunny days recede, the fall conference season is upon us, so we asked: How do you determine which Partner attends which events?
Austria: (Partial) Suspension of the Double Taxation Agreement with Russia – Implications for Taxpayers
On December 7, 2023, Austria saw a significant shift in its tax regulations with the suspension of key provisions in the double taxation agreement (DTA) with Russia.
DLA Piper Advises City of Warsaw on PLN 1.05 Billion Loan from EIB
DLA Piper has advised the City of Warsaw on a PLN 1.05 billion loan from the European Investment Bank to finance the sustainable development of urban infrastructure.
Oppenheim and DLA Piper Advise on Generali Biztosito's Sale of Fundamenta Lakaskassza to MBH Bank
Oppenheim has advised Generali Biztosito on its sale of its minority stake in Fundamenta Lakaskassza to MBH Bank. DLA Piper advised MBH Bank.
Katarzyna Jakubiak Joins DLA Piper as Partner
Former Deloitte Legal Partner Lawyer Katarzyna Jakubiak has joined DLA Piper as a Partner in the firm's International Finance group. Joining alongside her is Senior Associate Anna Tomaszewska.
A Platinum Anniversary: DLA Piper Celebrates 20 Years in Hungary
DLA Piper Hungary marks a major anniversary, celebrating 20 years in the market since its establishment in 2004. Country Managing Partner Andras Posztl speaks about the firm’s sustained success and its commitment to innovation and growth as it looks to the future.
Wolf Theiss and DLA Piper Advise on UBM Development's Exchange Offer and Issuance of EUR 93 Million Green Bond
Wolf Theiss has advised joint lead managers and bookrunners Raiffeisen Bank International and M.M.Warburg & Co on the exchange offer of bonds issued by UBM Development in 2019 and 2021 and on the subsequent cash subscription offer of the EUR 93 million 7% green bond 2024-2029. DLA Piper advised UBM Development.
DLA Piper and RTPR Advise on Axel Johnson's Acquisition of La Fantana
DLA Piper has advised Axel Johnson on its acquisition of La Fantana from Oresa and CEO Cristian Amza. RTPR, working with A&O Shearman, advised the sellers.