As of September 2015, Partner Katerina Kraeva is a Board Member of the British Bulgarian Business Association (BBBA). The new Board of Directors was elected at the first Annual General Meeting of the business association in September where Katerina Kraeva was elected as the only new member while all others were re-elected. Katerina's application won with over 30% votes more than the runner-up's candidature.
Yesterday, the CJEU has issued its highly awaited ruling on the Safe Harbour framework. The Court declared the Safe Harbour decision invalid because it restricts national supervisory authorities' power to ensure compliance with the Data Protection Directive 95/46/EC when reviewing requests for clearance of data transfers to Safe Harbour certified companies in the USA. Now what does this mean for affected businesses ranging from online retailers, cloud users or providers, to group companies with inter-group transfers to the USA?
VIENNA - 16 September 2015 – Wolf Theiss has advised Deutsche Bahn Group and its Slovenian subsidiary, Arriva Dolenjska in Primorska, in the acquisition of a majority of shares in the Slovenian bus operating company Alpetour - Potovalna agencija d.d.
Warsaw, 1 September 2015: Dr.iur. Marcin Asłanowicz has joined the Warsaw office of the Wolf Theiss law firm as a partner and leader of its 15 member litigation and arbitration team. An accomplished legal veteran with more than 20 years of professional experience, Mr. Asłanowicz headed the disputes practice of Baker & McKenzie in Warsaw for the last 9 years. Before that he practiced with the local office of Clifford Chance and the prominent Polish firm Sołtysiński Kawecki & Szlęzak.
Vienna, 07 September 2015 - VTB Bank (Austria) AG ("VTBA") has successfully increased its Common Equity Tier 1 capital ("CET 1") by way of a capital increase in the amount of EUR 199,995,107.00 up to a total of EUR 412,671,129.00.
Vienna – September 2015 – Michael Lind was appointed as Vice President of the Corporate and M&A Commission of the globally active International Association of Young Lawyers (AIJA – Association Internationale des Jeunes Avocats) (www.aija.org). The appointment was announced in the course of AIJA's Annual Congress in London (2 – 5 September 2015) which featured more than 700 delegates.