Guide

Distressed M&A transactions occurred very rarely in Poland at the time of the economic boom following Poland’s accession to the European Union. During the Covid-19 crisis, distressed M&A transactions have been much more likely to occur in various business sectors, including retail, gastronomy, leisure, hospitality and steel. While the distressed funds have a great appetite […]...

Businesses from a great variety of industry sectors have remained exposed to the negative effects of the covid-19 pandemic, including consumer goods and services, business services, and hospitality and tourism. Companies operating in these business segments continue to be targets for distressed M&A transactions in Hungary in the mid- to long term. The various forms […]...

Despite the improvement in the economy, the unpredictability around the effects of the covid-19 pandemic remains. The downturn trend has been mitigated to a great extent by the private credit moratorium, which the Bulgarian National Bank introduced in line with the guidelines of the European Banking Authority. Under certain conditions of the moratorium the commercial […]...

While deal volumes have pushed global M&A to all-time highs in 2021 and it can be expected that the M&A market will remain robust in Austria in terms of the volume and number of deals in the last quarter of 2021 and beyond, we have not observed an increase in distressed M&A transactions in Austria. […]...

Czech Republic – civil and criminal asset recovery This detailed guide from Wolf Theiss Prague provides detailed insights into: civil asset recovery (including jurisdictional issues, procedure, and remedies and relief); criminal asset recovery (including legal framework, cross-border considerations, and private prosecutions); and recent trends. While the Covid-19 pandemic has impacted asset recovery in the Czech […]...

Detailed legal information and market trends for each country These detailed guides from our lawyers with local expertise provide detailed insights into legislation and regulators; scope of legislation; thresholds, triggers and approvals; notification and clearance timetable; substantive assessment; remedies and ancillary restraints; involvement of other parties or authorities; judicial review; enforcement record and reform proposals; […]...

Wolf Theiss’ RES team in Romania joined the RWEA (Romania’s Wind Energy Association) initiative and has actively contributed to launch Romania’s first Code of Good Practice for Renewable Energy, the aim of which is to help stakeholders navigate the full process, from permitting and development to repowering & decommissioning. The Code comes at a crucial […]...

Economic and political stability, a clean and safe environment, excellent infrastructure, famous skiing resorts, good schools and a reliable healthcare system, make Austria one of the most attractive countries in the world to live in. While Austria admittedly has high income tax rates, the fact that no wealth, gift and inheritance taxes are levied is […]...

Private competition litigation has spread across the globe, raising specific, complex questions in each jurisdiction. The implementation of the EU Damages Directive in the Member States has furthered the ability of victims of anticompetitive conduct to seek compensation, even as US courts tighten the standards for forming a class action. The Private Litigation Guide – […]...

M&A Spotlight: CEE Cautious optimism, as 52% of dealmakers say their appetite for M&A in the CEE region will increase in the wake of the COVID-19 pandemic Despite the pandemic, an economic downturn and restrictions on both the general public and dealmakers, deal value in 2020 in CEE/SEE increased year on year. And our exclusive […]...

Wolf Theiss carefully monitors the developments and challenges related to the increasingly complex legislation designed to fight money laundering and terrorism financing. One of the most talked about obligations recently imposed by Directive (EU) 2015/849 and transposed into national law by EU Member States is the requirement to register the ultimate beneficial owner (“UBO”) of […]...

This guide is part of our wider offerings on Financial Restructuring, which is included in our services for Special Situations. Our fully integrated, multi-disciplinary Special Situations team provides expert counsel to direct lenders, credit funds, distressed investors, borrowers and other stakeholders on the full range of financial restructuring services. Our updated guide provides a comprehensive […]...