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Acting on behalf of client Intercontinental Great Brands LLC, Tria Robit has convinced AS Siera Nams to withdraw its application to register the figurative mark PHILADELPHIA.

Glimstedt has advised Levikom in launching the world’s first “open value chain” IoT network.

Sayenko Kharenko’s IP team has successfully represented the interests of Porsche Ukraine in its protection of the VW, AUDI, and SEAT brands in Ukraine.

White & Case has advised Credit Suisse Securities (Europe) Limited, Morgan Stanley & Co. International plc, VTB Capital plc, and Aton LLC as Joint Bookrunners on the RUB 10,416.7 million (approximately USD 175 million) secondary public offering (SPO) of 138,888,888 existing ordinary shares in PAO ‘TMK’, a leading global manufacturer and supplier of tubular products for the oil and gas industry. Latham advised PAO 'TMK'.

Following a tender for "Provision of Legal Services for Law Offices," Dunovska & Partners has been selected to supply legal services to Komercni Banka, a.s as well as Societe Generale.

Zamfirescu Racoti & Partners has obtained a new final arbitration award from the International Chamber of Commerce (ICC) Paris partially accepting the counterclaim made by the management company for state-owned stakes in the Societatea de Administrare a Participatiilor in Energie (SAPE) energy companies against E.ON Romania S.R.L. (E.ON). As a result of the ruling, E.ON is obliged to pay the amount of RON 4,070,948 (approximately EUR 901,000) plus interest to SAPE in compensation for infringing the minority shareholder’s rights in its distribution of dividends.

Norton Rose Fulbright and Chadbourne & Parke have announced that they will combine in the second quarter of 2017, operating under the Norton Rose Fulbright name. The combined firm reports more than 4,000 lawyers in 58 offices across 32 countries. 

Well-known Turkish lawyer and former Birsel Managing Partner Begum Durukan Ozaydin has left that venerable Turkish firm to launch the Durukan + Partners law firm.

Felix Tapai has been promoted to Tax Partner in charge of Maravela & Asociatii's affiliated tax advisory practice.

Axon Partners has opened an office in the Ukrainian city of Lviv, staffed by lawyers Yura Kornaga, Orest Gavryliak, and Lida Klymkiv.

Cakmak Avukatlik Ortakligi — the firm in Ankara formerly doing business as the Cakmak Avukatlik Burosu and, until last year, formally associated with White & Case — has announced a number of substantial changes, including its name change, the promotion of two lawyers to the firm's partnership, the return of a Partner after several years away, and the addition of a new US-qualified lawyer to the team.

The Bucharest office of Schoenherr has announced the arrival of Georgiana Badescu from Voicu & Filipescu as a new Partner in charge of the office's competition practice. The partnership ranks in the office has also been expanded by the promotion of Eva Hegedus-Brown to Partner in the real estate practice. 

From 2017, the Hungarian tax authority prepares the draft tax returns for the personal income tax based on the amendment of the act on the rules of taxation entered into force on 1 January 2017.

Although the economic crisis has significantly slowed down the financial sector’s M&A activity in Ukraine with nearly 90 (of the 180 existing before 2014) commercial banks becoming insolvent or being taken over by the state, several banking cross-border equity transactions closed in recent years are paving the way towards the market’s gradual recovery.

On January 27, 2017, Bill No. 683952-6 on Amendments to the Code of Administrative Offences of the Russian Federation1 was adopted in the third reading by the State Duma of the Russian Federation (“Bill”).

An amendment concerning offshore companies was adopted by the Hungarian Parliament at the end of 2016, introducing a new tax amnesty and modifying the regulations on foreign companies owned by Hungarian individuals.

On December 19, 2016, Resolution of the Cabinet of Ministers of Ukraine No. 921 "On Approval of the Procedure on Organization and Maintaining Military Records of Conscripts and Reservists", dated December 7, 2016, came into effect (the "Procedure").  

The Government of the Republic of Serbia adopted a new Regulation on the Terms and Conditions of Attracting Direct Investments, in place of the previous Regulation which was in force since March 2016. The new Regulation is expected to secure continuity of economic growth, to obtain new capacities and technology, and to induce job creation. Furthermore, it introduces stricter controls regarding fulfillment of contractual obligations, and especially promotes investments in “devastated areas”.

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“I would single out a couple of developments, first of all in Construction Law, which I do a lot of” begins Dace Silava-Tomsone, the Managing Partner of Cobalt in Riga, when asked for the Buzz in Latvia.

Czech lawyer Ivan Nechvatal has spent the past five years at CEZ, becoming a Corporate Governance Advisor - Turkey in July of this year. Based in Istanbul, Nechvatal participated in the 2016 General Counsel Summit in the city and was kind enough to share his thoughts on working in the Queen of Cities.

Based in Ankara, Bora Kaya is the Managing Legal Counsel at Gama Power Systems Engineering and Contracting, a company that he first joined in March 2015. Prior to that he was the Head of Legal at Ronesans Holding from October 2012 to December 2014. Earlier still, he worked for Eregli Iron and Steel Works Co. as the Assistant to the Head of Legal Department.

On December 20, 2016, CEELM reported that Inter Cars, an importer and distributer of automotive spare parts in CEE, obtained a loan facility from a consortium of banks. Jacek Piotrowiak, the General Counsel at Inter Cars, kindly agreed to share his experience managing the legal aspects of the deal.