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Country chapters for Austria, Bulgaria, Hungary, Poland & Romania

These quick reference country chapters on Austria, Bulgaria, Hungary, Poland and Romania are designed in an easy-to-access Q&A format provide practitioners with detailed information on the legal frameworks and current developments in Distressed M&A.

Key topics for each country include:

• Market climate

• Principal risks in M&A transactions

• Timing of transactions

• Applicable legal framework

• Difference from non-distressed M&A

• and more

Updates and trends from regional experts

Our specialists provide an overview of Distressed M&A for each country, including trends and developments and a complete breakdown of the regulatory enviornment from documentation to judicial and regulatory approvals. These easy-to-reference guides are the perfect starting point to understand the current enviornment in these key jurisdictions in Central, Eastern and Southeastern Europe.

Full country chapters available in PDF

Austria – Distressed M&A 2023

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Bulgaria – Distressed M&A 2023

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Hungary – Distressed M&A 2023

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Poland – Distressed M&A 2023

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Romania – Distressed M&A 2023

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Also available at the following link for subscribers. Reproduced with permission from Law Business Research Ltd. This article was first published in Lexology GTDT – Distressed M&A 2022.

For further information, please visit: https://www.lexology.com/gtdt

30 December 2022

Distressed M&A Guides 2023

Country chapters for Austria, Bulgaria, Hungary, Poland & Romania These quick reference country chapters on Austria, Bulgaria, Hungary, Poland and Romania are designed in an easy-to-access Q&A format provide practitioners with detailed information on the legal frameworks and current developments in Distressed M&A. Key topics for each country include: • Market climate • Principal risks […]...

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28 December 2022

Real estate finance and ESG

Impact of ESG criteria on the real estate industry and new requirements of the financial world Wolf Theiss is co-hosting a conference by Linde Verlag about the impact of ESG criteria on real estate finance. Together with experts from BDO, value one, Danube University Krems, OeKB, Oberbank and Wiener Privatbank, the following topics will be […]...

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28 December 2022

Revised and improved whistleblowing law adopted in Romania

Consultation round results in positive changes This alert is a follow up to our previous Q3/Q4 updates on whistleblower protection in Romania and implementation of the EU Whistleblowing Directive from the perspective of compliance and internal investigations. The previous form of the Romanian whistleblowing law adopted in Parliament was subject to various criticisms, and the […]...

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27 December 2022

Schwellenwerteverordnung 2018 tritt Ende des Jahres 2022 außer Kraft

ab 1. Jänner 2023 gelten niedrigere Schwellenwerte Niedrigere Schwellenwerte führen zu einer Vielzahl an zusätzlichen, aufwändigeren Verfahren – Übergangsregelung soll aber kurzfristig Abhilfe schaffen Die österreichische Schwellenwerteverordnung 2018 (BGBl II Nr 211/2018) tritt zur Enttäuschung vieler öffentlicher Auftraggeber bzw Sektorenauftraggeber und auch privater Unternehmen mit Ablauf 31.12.2022 außer Kraft. Ob es (endgültig) zu einem dauerhaften […]...

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22 December 2022

Legal Handling of BIM Data

Practical guide for legally compliant BIM projects in the DACH region This book, originally titled “Rechtlicher Umgang mit BIM-Daten” is published by a team of editors from Germany, Austria and Switzerland and is aimed both at users, i.e. those who deal with the BIM method in practice on a daily basis, and at their advisors […]...

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22 December 2022

Vergaberecht in Krisenzeiten

In der Pilotfolge unseres neuen Vergaberecht-Podcasts befassen sich Partner Wolfgang Lauchner und Counsel Johann Hwezda aus unserem Vergaberechtsteam mit den aktuellen Herausforderungen für alle Vergabe-Praktiker: gerissene Lieferketten, unvorhersehbare Preisentwicklungen sowie Rohstoff- und Energieknappheit und nicht zuletzt COVID-19 und der Krieg in der Ukraine. Unsere Experten analysieren dabei nicht nur die Auswirkungen dieser Herausforderungen auf das […]...

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22 December 2022

Newest EU sanctions against Russia target military capabilities, propaganda tools and more

Discussions also underway on even enactment of criminal offences for sanctions violations In addition to other areas, the EU’s 9th sanctions package adopted on 16 December 2022 aims at impacting the Russian military industry in order to weaken the offensive force and military capabilities of its invasion in Ukraine. This alert follows our team’s previous […]...

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21 December 2022

EU sanctions on the Russian Federation and Belarus

*This list is regularly updated. Current as of 21 December 2022. The below list shows an overview over the EU sanctions recently introduced as a reaction to the current situation in Ukraine. With respect to Russia, note that other sanctions measures which have been introduced in the past might be applicable in certain cases (e.g., […]...

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21 December 2022

Wolf Theiss advises Gaming Innovation Group concerning its acquisition of AskGamblers and associated online casino brands

Belgrade, 21 December 2022 – Gaming Innovation Group Inc. (GiG) relied on the legal counsel of Wolf Theiss regarding the acquisition of the casino affiliate websites AskGamblers.com, JohnSlots.com, NewCasinos.com and several smaller domains from Catena Media Plc. for EUR 45 million on a cash and debt free basis. The closing of the transaction is expected […]...

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21 December 2022

Wolf Theiss advises AFI in Romania’s largest real estate financing transaction in 2022

Bucharest, 21 December 2022 – Wolf Theiss advised AFI on obtaining a EUR 450 million credit facility for the purposes of refinancing its three shopping centres in Romania – AFI Cotroceni in Bucharest, AFI Ploieşti and AFI Braşov. The syndicate of lenders, which granted the largest real estate credit facility ever issued in Romania, was […]...

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21 December 2022

Polish Financial Supervision Authority confirms credibility of WIBOR

The Polish benchmark reform, i.e. the change of the primary interest rate benchmark from the existing WIBOR rate (Warsaw Interbank Offered Rate) to a new rate WIRON (Warsaw Interest Rate Overnight) is progressing: since 2 December 2022, WIRON can be applied as a reference interest rate index. Banks and other institutions are preparing for this […]...

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20 December 2022

Austria Trend Hotel Lassalle becomes “Voco by IHG” hotel – Wolf Theiss advises on conclusion of hotel lease agreement

Vienna, 20 December 2022 – Engerth 173-175 Entwicklungs GmbH & Co KG relied on the legal advice of Wolf Theiss and signed a lease agreement with GS Star AT GmbH, a company of Gorgeous Smiling Hotels, for the hotel at Engerthstraße 173-175 – the former Austria Trend Hotel Lassalle. Following extensive renovation work, the hotel […]...

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