“It’s not that laws don’t exist – it’s the faith in the law, courts, and lawyers that is missing,” says Zoryana Sozanska-Matviychuk, Partner at Redcliffe Partners in Kiev. “What I hope we see from the new government is not any particular legislation; it is much better implementation. This will hopefully lead to more trust in the country’s legal system as a whole.”
Borovyk & Partners has advised Switzerland's Geberit Group, a European manufacturer of sanitary parts and related systems, on a squeeze-out of minority shareholders of Ukraine's PJSC Slavuta Plant Budfarfor.
Njord Latvia has successfully represented Grovema BV, a Dutch seller of Liebherr parts and machines, in a dispute with SIA Mark Investa involving invoices for machines and parts that had been delivered but not paid for.
On 11 November 2019, the European Union adopted a legal framework for restrictive measures against Turkey. The EU is thus responding to Turkish exploratory drilling for natural gas deposits off the Cypriot coast, which Cyprus and the European Union consider illegal. The legal framework will make it possible to sanction individuals or companies responsible for or involved in drilling activities in the Eastern Mediterranean. However, no specific measures have been imposed yet.
Boyanov & Co. has advised Eurobank Bulgaria AD on the merger and absorption of Piraeus Bank Bulgaria AD.
BPV Braun Partners has advised ConBrio Beteiligungen, a German investment holding company focused on small and midcap transactions in the DACH region, on the purchase of a majority stake in Europin. The sellers were reportedly advised by Arquis in Germany and Eversheds Sutherland Dvorak Hager in Slovakia.
Paksoy has advised Turkey's Migros Ticaret supermarket chain on the acquisition of 25% of the share capital in Paket Lojistik ve Teknoloji.
Sorainen has advised Flex-n-Roll, a producer of self-adhesive labels, on its entrance into the China-Belarus “Great Stone” Industrial Park, a special economic zone located about 40 kilometers outside Minsk that was established by means of an intergovernmental agreement between the People's Republic of China and the Republic of Belarus.
BDK Advokati has advised Labiana Group on the acquisition of all issued shares in the Veterinary Institute of Subotica (Vetzavod), a Serbian animal vaccine producer. Labiana acquired 67.05% of Vetzavod shares from Victoria Group AD and 32.95% from Sojaprotein AD. Jankovic Popovic Mitic advised the sellers on the deal.
Vadim Medvedev, Partner and Head of Tax at Avellum, has been appointed to lead the firm’s dispute resolution practice as well.