Fellner Wratzfeld & Partners is reporting that the Austrian Supreme Court (OGH) has issued a final ruling on a long-running dispute involving the City of Vienna’s attempt to evict general leaseholder Norbert Weber from the "Copa Cagrana" stretch of bars and restaurants in the city. FWP represented the City of Vienna throughout the dispute.
Sorainen is reporting that Saule Dagilyte, head of Tax & Customs in the firm's Lithuanian office, has been promoted to Partner.
CMS has advised the Coalco Development real estate developer on its sale to VTB Real Estate of 90% of the Tsar Square (Tsarskaya Ploshad), Presnya City, and Basmanny 5 projects for construction of business class residential complexes in Moscow. Dentons advised VTB on the deal.
Derling has advised Navirail OU on the sale of the freight and passenger route between Paldiski (Estonia) and Hanko (Finland) to DFDS.
Egorov Puginsky Afanasiev & Partners (EPAM) has announced that on September 3, 2016, it entered into a strategic cooperation and legal support agreement with the Roscongress Foundation at the Eastern Economic Forum.
Sorainen has advised Betsson on its acquisition by its wholly-owned subsidiaries of gaming operator Losimu Strategine Grupe (LSG), which trades as TonyBet in Lithuania. LSG was advised by Tark Grunte Sutkiene on the deal, which is expected to close within a month. The initial acquisition consideration is EUR 4.0 million.
NSTLaw and BDO have advised Copper Mining and Smelting Complex Bor (the "RTB Bor Group") on the largest pre-packaged restructuring plan in Serbian history. According to NSTLaw, the commercial court in Zajecar, Serbia, adopted the PPRP involving the four companies of RTB Bor, with a value of restructured debt exceeding EUR 1.2 billion.
Avellum advised Custos Invest & Finance Inc. on its sale of shares in independent Ukrainian telecom operator Datagroup to Horizon Capital, providing Horizon Capital with over 70% of the shares in Datagroup and operational control of the company. Baker & McKenzie advised Horizon Capital on the deal.
Vasil Kisil & Partners has become a member of Cathay Associates, the China-based global legal service network of law firms.