Corporate/M&A

BNT Attorneys Announces New Czech MP and Two New Partners

BNT Attorneys has announced that Tomas Behounek will take on the role of Managing Partner as of August 30, 2022. At the same time, the firm promoted Peter Maysenhoelder to Equity Partner and Lenka Zachardova to Associated Partner.

KG Advises CC Beverages Holdings on Acquisition of Three Cents

Kyriakides Georgopoulos has advised CC Beverages Holdings II on its EUR 45 million acquisition of Three Cents from S.I.C.C Holding Limited.

Cobalt Advises Trophy Games on Acquisition of Piu-Piu

Cobalt has advised Trophy Games Development on its acquisition of Piu-Piu.

Closing: Bewi's Acquisition of BalPol now Closed

On September 1, 2022, Cobalt announced that Bewi's Acquisition of BalPol (reported by CEE Legal Matters on July 22, 2022) has now closed.

Cobalt Advises FN-Serviss on Cross-Border Reorganisation

Cobalt has advised FN-Serviss on a cross-border merger of its group of companies in which the company's Estonian subsidiary was acquired by its Latvian parent company.

Borivoj Libal Joins Eversheds Sutherland Prague Office as Co-Managing Partner

Former Noerr Co-Managing Partner Borivoj Libal has joined Eversheds Sutherland's Prague office together with a team of three lawyers.

Turkey: Shareholders’ Borrowing from the Joint Stock Company and Vice Versa

According to Turkish Commercial Code (“TCC”), some companies are defined as equity companies. Joint stock companies are one of these equity companies and are within the scope of "Principle of Maintenance of Share Capital" under TCC. The principle of maintenance of share capital requires full payment of the share capital value committed by the shareholders to the company and accordingly protecting the creditors of the company. In this context, considering that the shareholders already owe the capital payment to the joint stock company, this article will focus on how the shareholders may borrow money from the company and how the company may borrow money from the shareholder.