CEE Legal Matters
In-depth coverage of the news and newsmakers that shape Europe's emerging markets
Eversheds Sutherland has advised the Foreign Expansion Fund 2 FIZAN of Polski Fundusz Rozwoju on debt financing to Euvic for the acquisition of stakes in five companies operating in the IT sector in Lviv, Kyiv, Kharkiv, and Vinnytsia.
Cobalt, working with Dentons, has advised AirBaltic on the sale of a minority stake to Lufthansa Group. Eversheds Sutherland Bitans advised Lufthansa Group.
Competition clauses are found in a number of European jurisdictions. Slovak legislation on post-employment non-compete clauses is characterized by: the obligation to agree on a non-compete clause in an employment contract, the possibility to agree on it only with a certain type of employee, time limitation, and remuneration.
The past year has brought several important changes in the employment area. Most of the new developments are already in force, but for some we had to wait until the beginning of 2025. However, some important changes are still not in force, nor have they been approved. Also due to considerable media support, part of the public is confused, and unexpected situations may arise. Below is a summary of the most important changes.
Tsvetkova Bebov & Partners, member of Eversheds Sutherland, has advised Allianz Bank Bulgaria on its issuance of EUR 50 million MREL notes due December 2028.
Former Hogan Lovells Counsel and Head of the Warsaw M&A Practice Tomasz Zak has joined Eversheds Sutherland as a Partner.
Eversheds Sutherland has advised TSG Austria on the acquisition of E-Port Elektrotechnik from Marin Bruckmueller, Harald Winkler, and Kerstin Peinbauer. SWS Scheed Woess advised the sellers.
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?
Eversheds Sutherland has advised Everfield on its acquisition of Meditec AB and Medicloud SIA. Cobalt advised the sellers.
CMS, working with Vedder Price, has advised Ceska Sporitelna and Ceskoslovenska Obchodni Banka on the financing for the Silon Group, including a sustainability-linked loan, which will be linked to the environmental goals of the entire group. Eversheds Sutherland advised the Silon Group.
Eversheds Sutherland has advised E. Hofmann Plastics on its acquisition of PAP Packaging from Manfreplast in Liquidazione. Urban & Hejduk advised the sellers.
Eversheds Sutherland has advised Quad/Graphics on the sale of its European operations to Capmont.
Schoenherr has advised Sunrise Real Estate and Ares Management on a refinancing deal with Blackstone and Apollo Global Management for a European logistics portfolio valued at approximately EUR 1.5 billion. Eversheds Sutherland advised the lenders. A&O Shearman reportedly advised Sunrise Real Estate and Ares Management as well.
Eversheds Sutherland has advised Santander Bank Polska on the consolidation and extension of its financing of a portfolio of seven real properties owned by Adgar Poland.
Djingov, Gouginski, Kyutchukov & Velichkov, working with Linklaters, has advised BNP Paribas, Citigroup, ING, and UniCredit as the joint lead managers on the September 2024 triple-tranche sovereign bond issue by the Republic of Bulgaria under its EUR 20 billion global medium term note program. Tsvetkova Bebov & Partners, member of Eversheds Sutherland, and Clifford Chance advised the Republic of Bulgaria.
The Czech Parliament and government have been unusually active in the field of labour law recently so there is a lot of legal news.
Eversheds Sutherland has advised Edwards Lifesciences on the USD 4.2 billion sale of its Critical Care product group to Becton, Dickinson, and Company. Baker McKenzie reportedly advised Becton, Dickinson, and Company.
Former Triniti Jurex Attorney at Law Deivis Valiulis has joined Eversheds Saladzius' real estate and construction team as Partner, together with Senior Associates Raminta Vilcinskaite and Ruta Brazauskiene, Associate Marius Choniakovas, and Lawyer Dominyka Burneikaite.
Eversheds Sutherland with offices in Bratislava and Prague and as part of an international network, provides comprehensive legal advice also in foreign jurisdictions.
Our team consists of a total of more than 40 lawyers in the Czech Republic and Slovakia, most of whom have previously worked at major international and local law firms and have extensive experience in particular in the areas of corporate law, including mergers and acquisitions, capital markets, real estate, employment law, competition law, litigation and arbitration, energy, infrastructure, as well as environmental and ESG law.
Our advisory services are offered in Slovak, German, Czech and English language. Members of our team include attorneys registered with the Austrian Bar Association. On this basis, and because we are part of Eversheds Sutherland, we are also able to offer extensive legal support on various foreign legal issues.
We listen to our clients, we understand their business and we also understand what they need. So we can always find the best solution for the particular situation. We work quickly, efficiently and take responsibility for our work.