According to Christina Papanikolopoulou, Partner at Zepos & Yannopoulos in Athens, the major issue at hand in Greece is the lack of clarity in the work of policy makers that “has a spill-over effect on legal, regulatory, and other issues.”
Sorainen has assisted Freor LT and its majority shareholder Rytis Bernatonis on Mezzanine Management's sale of a block of Freor LT shares to Baltics-based private equity fund Livonia Partners. Mezzanine Management was advised by Cobalt on the sale, and Livonia Partners was advised by TGS Baltic.
End of July, the Austrian Data Protection Authority ('DPA') published its first decision on retention periods applying the General Data Protection Regulation ('GDPR'; DSB-D216.471/0001-DSB/2018). The decision is final. The DPA had to decide for which period a provider of telecommunications services (hereinafter: the 'controller') may (respectively must) retain so called master data, required for the controller's legal relationship with the user of its services (hereinafter: the 'applicant').
The Hungarian Parliament has recently adopted legislation with the aim of harmonising the national data protection rules with the rules of the GDPR, and supplementing the national rules in areas not regulated by the GDPR. The Parliament adopted Act XXXVIII of 2018 ("Amendment") in an extraordinary session and the new regulations entered into force on 26 July 2018.
Cobalt, in cooperation with German law firm Arquis, has advised AVS Verkehrssicherung GmbH on the acquisition of KMK Projekts, a provider of traffic safety products and permanent road marking in Latvia.
Dvorak Hager & Partners has represented Raiffeisen Realitni Fond in its acquisition of Retail Park Pisek, s.r.o. from Czech developer CSPP. CMS advised the sellers on the deal.
Soltysinski Kawecki & Szlezak has advised a consortium consisting of Ferrovial Agroman, Budimex, and Estudio Lamela in its reaching of a settlement with Przedsiębiorstwo Panstwowe “Porty Lotnicze” in a dispute involving the extension of the Warsaw Okecie International Airport.