Avellum has supported the action group led by Ukraine’s Ministry of Finance and the State Financial Monitoring Service in its efforts towards the adoption of restrictive measures against Russia by the Financial Action Task Force.

The Russian invasion is still ongoing, affecting all areas of life in Ukraine, but there are slivers of hope and reasons to stay positive and optimistic, according to Kinstellar Partner Alla Kozachenko.

Amidst a wave of reorganizations and restructurings in the country, new businesses are looking to enter Slovakia – but have to face its new FDI screening mechanism. Despite the slight economic downturn, there is yet reason to hope for better days, according to DLA Piper Country Managing Partner Michaela Stessl, especially given the prospects of the automotive sector.

Sorainen has successfully advised the receivership estate of EminiFX in recovering and repatriating approximately EUR 60 million in Bitcoin to the victims in an ongoing case where US authorities are targeting a crypto-related Ponzi-like scheme.

Turkish law firms Diri Legal and Sevi & Mergen have joined forces to form a new full-service law firm in Istanbul – Diri Sevi Mergen – helmed by Partners Nazan Diri Bal, Ali Murat Sevi, and Turhan Mergen.

Being declared insolvent for an unpaid invoice in Hungary seems to be an exaggeration, yet it is a possible outcome in liquidation proceedings. What kind of standard of proof is applied by judges? Does the "beyond a reasonable doubt" standard, known in criminal proceedings applies? This article addresses this issue by analysing a recent decision of the Hungarian Supreme Court.