Avellum has advised the Ministry of Finance of Ukraine on a CAD 400 million concessional loan from Canada. 

Sayenko Kharenko has advised Getin Holding on the sale of JSC Idea Bank to TAS Group.

Paksoy, working with Freshfields, has advised the Abu Dhabi sovereign wealth fund ADQ on its acquisition of a 96% stake in Odea Bank from Bank Audi, EBRD, IFC, and other shareholders.

A creditor has forgiven part of a debtor's debt on the condition that the debtor will make every effort to avoid insolvency and repay at least the remaining, unforgiven part. However, the creditor also set a resolutive condition: if the debtor were to become insolvent (i.e. the court declared it bankrupt), the debt forgiveness agreement was to be void from the outset and the debtor would be obliged to repay the debt in full.

Schoenherr has advised Sunrise Real Estate and Ares Management on a refinancing deal with Blackstone and Apollo Global Management for a European logistics portfolio valued at approximately EUR 1.5 billion. Eversheds Sutherland advised the lenders. A&O Shearman reportedly advised Sunrise Real Estate and Ares Management as well.

The National Bank of Hungary (NBH) introduced a new guideline No. NBH's 9/2024, also known as the ESG (Environmental, Social and Governance) Guideline. This initiative aims to help financial institutions incorporate sustainability considerations into their risk management processes. The Guideline seeks to standardise the collection and assessment of ESG information, thereby enhancing predictability in legal compliance and reducing administrative burdens for businesses applying for credit.