Schoenherr and Norton Rose Fulbright, working with Davis Polk & Wardwell and Ashurst, have advised JP Morgan Chase and other financing parties on the refinancing of Diebold Nixdorf debt and the provision of USD 400 million in new capital. Sullivan & Cromwell and K2Legal Korbonski i Partnerzy reportedly advised the borrower.
Schoenherr has advised Metro on its acquisition of a 25% stake in Kosik Holding with a 5% option on top if Kosik expands into other CEE markets in collaboration with Metro. White & Case reportedly advised Kosik.
Cerha Hempel has advised ARE Austrian Real Estate on the acquisition of an office and hotel building in Vienna from Generali Real Estate. Schoenherr advised Generali.
On 15 December 2022, the Slovenian Parliament finally adopted the Data Protection Act (Zakon o varstvu osebnih podatkov, ZVOP-2, "ZVOP-2"), a national law implementing the EU General Data Protection Regulation ("GDPR"). The act had been several years in the making, with the earliest draft released for public consultation back in 2017.
Fatur Menard has advised the Svetlik family on the sale of their 42% stake in Hidria owner H&R to Spanish corporation Gonvarri. Cuatrecasas and Schoenherr reportedly advised Gonvarri.
The Czech Republic is looking at a promising start to the year, after somewhat of a market slowdown towards the end of 2022, with no dark clouds on the horizon just yet, according to Schoenherr Partner Vladimir Cizek.
Schoenherr has advised China's Shanghai Electric Power on its full acquisition of five project companies developing a 200-megawatt PV project in Northeast Hungary from Chint Solar Hungary Projects. Kinstellar advised Chint Solar.
Schoenherr, working with Germany's Zinger Strachwitz, has advised the shareholders of the FirmenABC Group on their exit to Austrian investor consortium Invest AG and Industrieliegenschaftenverwaltung AG. Wildmoser/Koch and Tracc Legal reportedly advised the buyers.
Moravcevic Vojnovic and Partners in cooperation with Schoenherr has advised MaxBet on its agreement with CT Gaming Group member Bargame to acquire the El Dorado Slot Clubs in Serbia.
Did you know that Dentons worked on more reported client matters in Central and Eastern Europe in 2022 – 86 – than any other firm (with Sorainen only one behind), and that Andrzej Stosio of Clifford Chance in Poland worked on more client matters than any other lawyer in the region – 13 (with Mantas Petkevicius of Sorainen in Lithuania and Roxana Ionescu of Radu Taracila Padurari Retevoescu in Romania both only one behind, with 12)?
On December 28, 2022, Baker McKenzie announced that Accenture’s takeover of ARZ Allgemeines Rechenzentrum (reported by CEE Legal Matters on June 10, 2022) had closed.