The time is gone forever when our lawyers would sit down in a physical data room to dig through tons of documents provided by the target’s head of legal or corporate secretary. We will miss the personal contact, but it’s fair to say that the due diligence process has become more streamlined and efficient in Moldova, making it possible to shrink the timing of M&As and close deals in weeks rather than months.
Corporate Governance in Serbia
The main sources of Corporate Governance in the Republic of Serbia are the Law on Companies and the Law on Capital Market.
The Gordian Knot of Ukrainian Gas Transmission System Unbuilding
Halfway through 2019 Ukraine has already seen major changes in its energy sector’s legal framework, including the effect of the recent decision of the Constitutional Court of Ukraine involving the legal status and decision-making authority of the Ukrainian energy market regulator (the “Regulator”). The shockwaves are likely to go far beyond 2019.
Corporate M&A in Slovakia
After undergoing healthy levels of Corporate/M&A activity in recent times, as we move towards 2019 we expect the Slovak market to remain stable. A notable exception, however, is in the logistics asset class, where we project inbound investment to soar.
Venture Capital Structures in Bulgarian Start-Ups
Venture capital investments in Bulgarian start-ups are on the rise, and modern legal structures such as share option plans and convertible notes can, if local law peculiarities are taken into account, be applied in the country.
Significant Interest and Activity in the Hungarian Start-Up Ecosystem
The last 18 months have seen significant interest and activity in the Hungarian start-up ecosystem.
Share Swaps and Share Contributions Still Hampered by Romanian Authorities
One of the most controversial parts of corporate reorganization operations planning in Romania involves the use of share capital contributions or share swaps as a means to transfer company control – operations that fall into a legislative and administrative grey area.