Search results for: financial restructuring
Redundancies: Tips & Tricks
In this episode of our Arbeitsrecht podcast, Ralf Peschek and Isabel Firneis dive into the complex topic of staff reductions and social plan negotiations in Austria. They discuss how a restructuring process is usually structured and which factors drive the timeline and costs. They also share tips and tricks from their practical experience, including an […]...
Wolf Theiss promotes two Bucharest office lawyers to Counsels positions
Bucharest, 16 November 2022 – The Bucharest office of CEE / SEE law firm Wolf Theiss announces the internal promotions of two senior lawyers to Counsels within the Corporate / M&A and Energy & Projects teams. Adina Aurel and Mihai Coadă were promoted to the Counsel position within the Wolf Theiss team in Bucharest. Adina […]...
Wolf Theiss further expands with six new partners
Vienna, 7 September 2022 – Wolf Theiss further strengthens its regional presence and legal expertise in CEE/SEE with six new partners: Teja Balažic Jerovšek, Roxana Dudau, Konrad Kosicki, Nikolaus Loudon, Tomasz Siembida and Venus Valentina Wong. The appointment of six new partners in Bucharest, Ljubljana, Vienna and Warsaw reflects Wolf Theiss’ commitment to continued investment […]...
Public M&A in Austria 2022
Structures and applicable law Types of transaction How many publicly listed businesses combine? By far the most important transaction structure in Austria in practice remains the acquisition of a (controlling) stake,combined with, or followed by, a public tender offer. More recent takeover practice has seen the use of businesscombination agreements (eg, Vonovia/BUWOG and, with the […]...
Bulgaria – Distressed M&A 2022
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 […]...
Ukraine redesigns its insurance legal framework
On 18 November 2021, the Parliament of Ukraine adopted the Draft Law “On Insurance”, No.5315 (the “Insurance Law”). This law has been heavily supported by the National Bank of Ukraine (the “NBU”), which has recently become the insurance market regulator. The Insurance Law is expected to be signed into law by the President of Ukraine. […]...
Wolf Theiss strengthens its Bucharest office team with new hires
The Romanian office of the CEE-SEE law firm Wolf Theiss has expanded its team of lawyers, welcoming Mihai Coadă, Alexandru Vlăsceanu, Elena Ionaşcu and Vlad Catană to the Corporate / M&A practice group. Following the recent addition of Bogdan Bibicu as a new partner at the beginning of November, Wolf Theiss continues its Bucharest office […]...
NPLs in the CEE/SEE region – investment prospects to watch
A look back at the last NPLs sales cycle In the previous cycle of non-performing loans (NPLs) sales after the global financial crisis of 2008, the region of CEE/SEE attracted substantial investor interest and maintained it for several years. Central, Eastern and Southeast Europe gradually gained experience in this regard, ranging from large portfolio tenders […]...
A giant leap forward?
The new draft for a restructuring code in Austria On 22 February 2021, the ministerial draft of the Restructuring and Insolvency Directive Implementation Act was published. The law is the eagerly awaited implementation of the Restructuring Directive. In addition to the introduction of a new Restructuring Code (RC), inter alia the Insolvency Code (IO) is […]...
Wolf Theiss conference sees value In Balkan investments
Warsaw, 15 June 2018 – Balkan countries offer attractive business opportunities for investors seeking to benefit from European Union asset value convergence and growth prospects, according to experts gathered at a Warsaw conference co-hosted by international law firm Wolf Theiss and consultancy Bearstone Global....
Wolf Theiss: CEE Region catches the eye of big global funds
Warsaw, 10 July 2019 – Central and Eastern Europe remains an attractive destination for industry and financial investors seeking takeover targets for expansion, according to experts from law firm Wolf Theiss, which co-hosted the CEE M&A Spotlight meeting in London. Thanks to its healthy fudamentals and growth prospects, the region has popped up on the radar screens of large global private equity and sovereign wealth funds as well as Asian investors....
Wolf Theiss expands in Warsaw, launching energy practice and strengthening M&A team
Warsaw, 2 December 2019 – Wolf Theiss took further steps to expand its presence in Poland, hiring Counsel Konrad Kosicki to start an energy practice and adding new Counsel Maciej Olszewski to its Corporate and M&A team....