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Paksoy is reporting that it has advised GE Healthcare on its entrance into two Public Private Partnership (PPP) projects with GAMA Holding A.S. and Turkerler Insaat A.S. with the Turkish Ministry of Health: The Izmir Bayrakli Integrated Healthcare Campus Project and the Kocaeli Integrated Healthcare Campus Project. The two projects are collectively valued at approximately USD 1.3 billion. White & Case and its Turkish arm, the Cakmak-Gokce Law Offices, and its former associated partner firm in Ankara, the Cakmak Law Offices, represented the Gama Holding-Turkerler Insaat consortium and Freshfields Bruckhaus Deringer and Herguner Bilgen Ozeke advised the lenders on the Izmir project.  

CMS Vienna has advised Styria-based BioEnergy International AG (BDI) on its intended delisting of its free-float shares from the Frankfurt Stock Exchange, which is expected to follow a take-over offer from its majority shareholder, BDI Beteiligungs GmbH. According to CMS, "this is one of the first delisting proceedings after the new German provisions on delisting came into force at the end of 2015."

CMS has advised Andlinger & Company (A&C) on its acquisition of a majority interest in the Slovenian Eti Elektroelement d.d., a leading manufacturer of fuses and modular protection devices, from a sale consortium of 950 Eti shareholders, which also includes the company's employees. The consortium was advised by the Slovenia's Ulcar & Partnerji.

Paksoy, working with international counsel Latham & Watkins, has advised ACCO Brands Corporation on its USD 333 million acquisition of Esselte Group Holdings AB from J.W. Childs. Skadden Arps advised the sellers on the deal.

Avellum has acted as Ukrainian law counsel to the EBRD in connection with the renewal of a USD 40 million secured syndicated pre-export loan facility to the Industrial Group ViOil.  

CMS has advised American International Group, Inc. on the Central European aspects of the sale of some of its insurance operations to Fairfax Financial Holdings Limited. CMS worked alongside global counsel Debevoise & Plimpton.

Karanovic & Nikolic has announced that it has begun cooperating with Goran Babic, a lawyer qualified in Bosnia & Herzegovina, who joins the firm as a Partner and will be positioned in Banja Luka. 

White & Case has announced the promotion of 40 lawyers around the world to its partnership. The promotions, which are effective January 1, 2017, represent 11 of the firm's global practices in 17 locations. Including in those 40 world-wide promotions are Czech Banking lawyer Jan Linda and Polish Disputes specialist Michal Subocz.

Maciej Gawronski, the Founder and former head of Bird & Bird's Polish office, has left the English firm to join Maruta Wachta.

Three well-known law firms in the former Yugoslavia have announced the creation of a new alliance — the new South East Legal Alliance (SELA) — which they describe as "a formal regional network of independent law firms advising clients on their operations across South East Europe."

Former Sorainen lawyer Kadri Kallas has joined Varul as an Associate Partner.

Former Zorlu Holding lawyers Pinar Aksakal Aydin and Ece Kok Sen have left the Turkish company to go into private practice, joining with Murat Kececiler to form Kececiler & Partners in Istanbul.


Law 6698 on the Protection of Personal Data came into force on April 7 2016 and applies to:

  • real persons whose personal data is processed; and
  • real persons and legal entities that process personal data.

Therefore, defining the actions and main actors involved in the processing of personal data is key to understanding the law's general scope.

Montenegrin Parliament adopted the amendments to the Corporate Income Tax Law ("CIT Law") and Value Added Tax Law ("VAT Law"). Below is a brief description of the main amendments.

The public sector should ensure that dealings with public property are transparent and economically beneficial to the public.

In a groundbreaking judgment (Case C-494/15, Tommy Hilfiger Licensing LLC, et al. v Delta Center a.s.) involving a trademark dispute originating in the Czech Republic, the CJEU has recently clarified that the tenant of a market hall who sublets sales areas to market-traders selling counterfeit branded goods, is an intermediary within the meaning of Art 11 of the Enforcement Directive (2004/48/EC). 

The CJEU also ruled that the liability criteria adopted for online marketplace operators such as eBay (See case C-324/09, L’Oreal et al. v eBay) shall be applicable to the same extent to “offline” marketplace operators.

Arbitration has long been the favorite of the ADR family. Mediation, however, has established an increasingly relevant position for itself when it comes to resolving (international) commercial disputes quickly, cost-efficiently, and successfully.


Environmental protection and preservation of natural resources represents one of the more important aspects of any industrial activity.

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In “The Buzz” we interview experts on the legal industry living and working in Central and Eastern Europe to find out what’s happening in the region and what legislative/professional/cultural trends and developments they’re following closely. Because the interviews are carried out and published on the CEE Legal Matters website on a rolling basis, we’ve marked the dates on which the interviews were originally published.

On July 25, CEE Legal Matters reported that Rastko Petakovic was appointed Senior Partner at Karanovic & Nikolic (KN), the first non-founding Partner to gain the title.

Milan Lomic is the General Counsel Adria & Balkan at L’Oreal, a company that he joined in October 2012. Prior to that he worked for Metro Cash & Carry as a Legal Advisor and Antitrust Officer. He has also worked as a Legal Advisor at Unicredit Bank Serbia and as an Assistant to the Judge at the Fifth Municipal Court in Belgrade.

On August 25th, 2016, CEELM reported that Shell Exploration & Production Ukraine Investments (IV) B.V. was represented by Vasil Kisil & Partners in a dispute over the Ukrainian tax authorities' refusal to grant over UAH 5 million as an automatic VAT refund. We reached out to Viktor Kachurenko, Legal Counsel at Shell Ukraine Exploration and Production I, LLC, for more information.