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Allen & Overy has advised sole global coordinator Wood & Company Financial Services on a CZK 366 million block trade disposal of Ceska Zbrojovka Group shares by Colt shareholders. Debevoise & Plimpton reportedly advised TXPATCH8445 Holdings, which represented Colt's shareholders in the transaction.

CMS has acted as legal partner on the Next-UA capital markets consulting project, launched jointly by the Ukrainian government, USAID, the EBRD, and the American Chamber of Commerce in Ukraine.

Vlasceanu, Nyerges and Partners has advised Econergy on its acquisition of an 87-megawatt photovoltaic development project located in Parau, Brasov County, Romania.

Divjak, Topic, Bahtijarevic & Krka has advised M7 Real Estate Croatian subsidiary M7 Central European Real Estate Fund I on its sale of the Mani Business Center to the Raiffeisen Pension Insurance Company. Macesic & Partners advised Raiffeisen Pension Insurance.

Karanovic & Partners, working with Corrs Chambers Westgarth, has advised Volt Resources Limited on its acquisition of the entire issued share capital of Asena Investments Beograd-Stari Grad.

Greenberg Traurig has advised CA Immo on the sale of the Wspolna 47-49 office building in Warsaw to Yareal Polska. Gide Loyrette Nouel advised the buyer.

Triniti has advised Krakul Holding on the sale of its Krakul subsidiary to Bercman Technologies. Ellex advised the buyer.

Gessel has advised the Avallon fund on its sale of a majority stake in MPS International.

Andrejic & Partners has assisted Israel-based attorney Lior Dagan as the insolvency trustee appointed to Michael David Greenfield in the takeover process of EGFE Hungary.

Schoenherr has advised the Liechtenstein Group as lead investor in a EUR 40 million financing round for Tesvolt.

Dentons has provided pro bono representation to blogger Jan Bencik in a defamation dispute regarding an article in the Zem a Vek magazine.

Radovanovic Stojanovic & Partners has advised the Soravia Group on the sale of the New Mill office building located in Belgrade, Serbia. 

Alexandra Karachurina, Maria Borodina, and Vyacheslav Yugai have joined the Balayan Group as Partners in the firm's Corporate & Transactions practice.

Former Clifford Chance Senior Associate Pavel Bogusky has joined the Restructuring, Insolvency, and Bankruptcy practice of Dentons’ Prague office as a Partner.

Wojciech Kapica, former Partner and Head of SMM Legal's Financial Law Department, has joined the Lawarton law office.

Drzewiecki Tomaszek & Partners has joined forces with the labor-law specialized firm of Gujski Zdebiak. Waldemar Gujski and Dawid Zdebiak have become Partners at DT and will manage the firm's Labor and Social Security Law practice.

Independent attorney-at-law Mirjana Mladenovic has joined the Deloitte network and will lead the firm’s M&A Legal Advisory practice in Serbia.

Former Vejmelka & Wunsch Partner Martin Peckl has joined Havel & Partners as a Partner in Prague.

Ozbek Attorney Partnership has promoted former Managing Associate Gulsah Gokce to Partner as of November 1, 2021.

Agata Jurek-Zbrojska, Malgorzata Madej-Balcerowska, and Dominik Rafalko have joined CMS’s Poland office as Partners along a seven-person team from Greenberg Traurig. Jurek-Zbrojska will head the Real Estate and Construction practice.

Former Ipek | Akbal Schwimann Partner Ceyda Akbal Schwimann has joined Akol Law's dispute resolution practice as a Partner.

Schoenherr has announced the appointments of Austria-based Miriam Simsa, Bulgaria-based Alexandra Doytchinova and Czech Republic-based Vladimir Cizek to Equity Partners. The firm also promoted Austria-based Dominik Hofmarcher and Slovakia-based Sona Hekelova to Partners.

Former CMS Partner Lukasz Dynysiuk has joined DLA Piper’s Tax practice as a Partner in Poland.

Stoian Partners Of Counsel Alexandru Cretu has launched Cretu. The Law Office, a business law firm covering both litigation cases and legal counseling, in Bucharest.

In November 2021, a bill on the amendment of Act II of 2007 on the Entry and Stay of Third-Country Nationals in Hungary was accepted by the Parliament. The purpose of the modification is to create a new type of residence permit for “digital nomads” and it will enter into force on 1 January 2022.

At the end of October 2021, the Hungarian Government decided to take new protection measures to contain the fourth wave of the coronavirus outbreak, as a result, from 1 November 2021 employers have the right to require their employees to be mandatorily vaccinated. This means that to increase vaccination coverage and to protect workplaces, the Government allows employers to require their employees to be vaccinated against coronavirus as a condition of employment, either as a standard working condition for all employees or as an individual working condition depending on the job. For employees who have not yet been vaccinated, the employer may set a 45-day deadline for the first vaccination. Employers who require vaccination must inform the employee of the measure, the deadline and the possible legal consequences of not vaccinating, either electronically (in e-mail) or on paper. Furthermore, an employee who is medically certified as contra-indicated to be vaccinated against the coronavirus cannot expected to be vaccinated.

The Government of Serbia has recently adopted the Proposal for Amendments to the Companies Law (the “Proposal”), which official text states that its primary goal is to promote the protection of minority shareholders, in accordance with measures provided by the Action Plan of the Program for Improvement of Position of the Republic of Serbia on the World Bank’s Business List – Doing Business for the period 2020-2023. In addition, the respective novelties imply other changes as well, the most significant being those referring to the position of entrepreneurs, and court protection in case of business address abuse.

The possibility of the employer to investigate whether its employees are vaccinated against COVID-19 was subject of heated debate in Slovakia. The prevailing view was the employer could not request such information from them as allegedly there was no legal basis for it in the Labour Code or other regulations. Surprisingly, such view was also supported by the Slovak National Inspectorate of Labour that claimed it should be up to the employees whether they inform the employer about their vaccination. There were also discussions whether obtaining such information by the employer complies with the GDPR.

The Law on Amendments to the Law on Tax Procedure and Tax Administration (Official Gazette of RS, no. 96/2021) (the “Law”) was adopted on October 16, 2021. The novelties introduced by this piece of regulation particularly include those referring to the filing of tax application for calculated mandatory social insurance contributions for company founders and/or shareholders, deferral of interest payment for settled obligations, replacement of insurance instruments for collection of due taxes, and issuance of additional record.

Immunisation Certificates played a big role in the previous wave of COVID-19 pandemic in Hungary. They were issued as a supplementary certificate to confirm that the cardholder had a positive COVID test or got at least the first shot of any of the available vaccines. At many stages of the pandemic, cardholders enjoyed specific privileges compared to the others (i.e. card was asked at many places that had an indoor room, such as theatres, cinemas, restaurants etc.). Even though the European COVID passport became available from 1 July 2021 among the EU, it is only issued for persons, who got an EU-approved vaccine. Since Hungary choose to vaccinate with non-EU-approved vaccines, the dichotomy of the certificates still remains.

The Government of the Republic of Serbia has recently proposed amendments to the tax laws, including amendments to the Law on Personal Income Tax (‘PIT Law’), Law on Mandatory Social Contributions (‘SSC Law’) and the Law on Corporate Income Tax (‘CIT Law’).

The Labour Law contains only 2 articles related the non-competition clause.

E-Hearing System is a system that enables participation in hearings held in civil courts  remotely. In this regard, the fundamental rules on this new system, which saves time and labor both for lawyers and other relevant persons while facilitating access to justice services, were previously elaborated in one of our articles. In a relatively short time after the promulgation of the Regulation on the Conduct of Hearings by Audio and Video Transmission in Civil Procedures [“Regulation”] which sets the e-Hearing procedures and principles in the Official Gazette dated June 30, 2021 e-Hearings have become widespread rapidly.

A new draft personal data protection law, draft Law of Ukraine No. 5628 (“Draft 5628”), was introduced to the Ukrainian parliament on 7 June 2021. Draft 5628 replaces certain earlier draft laws on this subject and is currently the only draft legislation in the area of personal data protection.

While trying to bounce back from the COVID-19 pandemic, the world is running headlong into an energy crisis, and North Macedonia will meet the same fate. The country is facing serious electricity shortages due to the rising growth of prices on the energy exchanges in Europe. This, in turn, disables the companies that trade in electricity to comply with the agreements signed with companies and institutions to whom they supply electricity on the free market. The disbalance in the demand and supply is then covered from the reserves of the transmission system operator (“TSO”) MEPSO, who is drawing electricity from the European network, thus accruing massive debt. Meanwhile, North Macedonia is trying to increase the domestic production of electricity, by activating the third block of REK Bitola, the country’s biggest producer of electricity and coal.

For the last decade or so, the video gaming industry has been witnessing an emergence, and then almost a mainstream adoption of a revenue-generating mechanic similar, if not outright identical, to gambling.

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On August 23, 2021, CEE Legal Matters reported that GKC Partners had advised Yemeksepeti – the Turkish subsidiary of Delivery Hero, on its acquisition of Turkish online shopping platform Marketyo Bilisim Teknoloji A.S. CEE In-House Matters spoke with Deniz Ozkan Ergun, Senior Manager, Head of M&A Legal (LATAM & MENA) of Delivery Hero to learn more about the acquisition.