Funds of Qualified Investors

Investing into funds of qualified investors became an interesting alternative to other investment opportunities in the Czech Republic. Such funds may own real property which is further leased and generates profit.

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FIDIC Standard Model Contracts on the Rise

In the international construction business, it is increasingly common to use standard model contracts such as the Red Book or the Blue Book which are published by the International Federation of Consulting Engineers (FIDIC). Knowing which type of model contract to choose and what obligations and respective roles it provides is the key to success.

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Introduction of energy performance certificates in Hungary

Hungary has eventually implemented the EU Directive on the energy performance of buildings. The new law is in force since 1st January 2012.

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Announced investment projects in Croatia valued at EUR 1.1 billion

The Croatian government has announced that it will present the new state budget, together with details on investment projects for revitalization of the economy valued at HRK 8 billion (approx. EUR 1.1 billion), by mid-February.

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How contractors’ registration requirements influence the structure of real estate investments

When structuring a real estate investment, investors usually consider corporate and tax structures as well as property rights rules. Our recent practice shows that compliance with construction regulations may also influence the structure and implementation of a real estate investment project.

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New Serbian Company Law

Serbia introduced a new Company law as of 1stFebruary 2012 with the aim to harmonise the rules with EU law and to provide a simpler but also more detailed corporate law. Most importantly, the law introduced provisions on corporate governance and tightened the liability of shareholders and general managers.

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Lärmbelästigung im Wohngebiet

Ein neues Bauvorhaben stößt meist nicht auf Gegenliebe der Nachbarn. Schon gar nicht, wenn das geplante Projekt mit Lärm verbunden ist, im konkreten Fall ein Kindergarten mit Kinderlärm.

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Brownfield issues finally dealt with by law

The Slovakian Parliament finally passed a law dealing with contaminated sites, cleaning-up of such sites, the responsibility of owners of contaminated sites and restrictions on the sale of such sites.

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More Transparency in Judicial System

The Slovak judicial system does not enjoy great public trust. Non-transparency and the impossibility to predict a possible outcome of a court case are some of the reasons.

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