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Jurij Dolžan -
Odvetnik Jurij Dolžan (Odvetniki Jurij Dolžan, Mitja Vidmar and Igor Zemljaric)
Srečo Jadek -
Jadek & Pensa
- Grega Peljhan - Law firm Rojs, Peljhan, Prelesnik & Partners o.p., d.o.o.
Nina Šelih -
Selih & partnerji, Odvetniki
- Jurij Dolžan -
Slovenia’s efforts to stabilise its banking sector and boost finances via the sale of state assets is pumping life into the country’s small legal market. Debt restructuring, particularly the transfer by banks of non-performing loans (NPLs), and the government’s 2014 decision to privatise 15 state-owned companies, currently dominate legal work in a market where just a handful of firms have the resources to undertake large-scale due diligence.
At the time of writing, four state-owned companies – Helios Group, laser manufacturer Fotona, Aerodrom Ljubljana and automotive parts manufacturer Letrika – have been sold successfully and the largest of the privatisation processes, that of Telekom Slovenija, is at the bidding stage. Arguably, however, 2014’s headline deal was the €1bn debt restructuring and subsequent €324m sale of Slovenia’s largest retailer, Mercator, to Croatian group, Agrokor, which remains the country’s largest transaction. Another landmark matter was Kohlberg Kravis Roberts’ (KKR) acquisition of the region’s largest pay-TV/broadband provider, SBB/Telemach, which was one of very few investments by a US fund in the Balkans and has awakened hopes that more will follow.
CMS is the only global firm present, but others lead on top-drawer transactions from their offices in cities such as Prague or Warsaw, assisted by local counsel. Austria-based regional firms have successfully penetrated the jurisdiction, typically advising international investors that view the Balkan countries as one market.
Legal Business: country analysis
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Weighed down by political unrest and slowing economies, energy and infra projects look like one area to be driving
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On 12 April 2013, Slovenia's new Employment Relationship Act ( Zakon o delovnih razmerjih ; " ERA-1 ") and the Act on the Amendments to the Labour Market Regulation Act ( Zakon o spremembah in dopolnitvah Zakona o urejanju trga dela ; " ZUTD-A ") entered into force, introducing labour market reforms as a result of long-lasting negotiations among the country's social partners. The reforms aim to establish (maintain) adequate protection of workers and their employment relationships by simultaneously implementing more effective and flexible means of adapting to current market conditions (thus reducing labour market segmentation and increasing the flexibility of employment relationships).
The start of 2013 was marked by the long-awaited introduction of a new antitrust authority - the Competition Protection Agency - which will be led by Andrej Krašek. The internal organisation of the agency differs from the structure of the Competition Protection Office (for further information please see "Competition authority reorganised: finally, again and forthe last time?"). The senate and the president of the senate will be responsible for adopting decisions in individual cases and the agency will be run by the director and the council. The agency has been reinforced with 13 employees from other ministries and public bodies, which should enable quicker resolution of proceedings.
This guide provides corporate counsel and international practitioners with a comprehensive worldwide legal analysis of the laws and regulations of mergers and acquisitions. This article appeared in the 2013 edition of The International Comparative Legal Guide to: Mergers & Acquisitions; published by Global Legal Group Ltd, London. www.iclg.co.uk.
This guide provides the international practitioner and in-house counsel with a comprehensive worldwide legal analysis of the laws and regulations of real estate. This article appeared in the 2013 edition of The International Comparative Legal Guide to: Real Estate; published by Global Legal Group Ltd, London.
Implementation of the Directive 2005/56/EC on cross-border mergers has for the first time enabled Slovenian companies to merge with companies from other member states. But Slovenian courts have little practical experience with cross-border mergers.
Implementation of the Directive 2005/56/EC on cross-border mergers has for the first time enabled Slovenian companies to merge with companies from other mem-ber states. But Slovenian courts have little practical experience with cross-border mergers. And the complex interaction of the relatively newly harmonised EC legisla-tion and the older local rules requires a sound knowledge of both regimes. It is particularly important to know how the local rules are applied in practice.
The Slovenian legislation includes the following types of in rem securities relating to: (i) real properties – mortgage (hipoteka), land debt (zemljiški dolg), real encumbrance (stvarno breme); and (ii) movables and property rights, respectively – pledge (zastavna pravica), retention of title (pridržek lastninske pravice), transfers by way of security (prenos v zavarovanje), and assignment by way of security (odstop v zavarovanje).
A practical cross-border insight into business crime
The Competition Protection Office recently initiated ex officio merger control pro-ceedings against the Federation of Slovenian Retired Persons' Societies. According to the office, the federation had acquired control over Vzajemna Zdravstvena zava-rovalnica dvz, a Slovenian mutual health insurance company, but failed to notify the concentration within the statutory 30-day time limit.
A practical insight to cross-border Mergers and Acquisitions.
Danos & Associates will participate as a sponsor at the China Offshore Summit in Shenzhen, China. The conference will take place May 27-28th at the Grand Hyatt. Our firm will be represented by our Managing Partner, Alexios Danos, and Thomas Cheung who is one of our representatives in Beijing.
At the IFLR European Awards on 16 April 2015 in London, Bär & Karrer repeated last year's success by again winning the title "Swiss Law Firm of the Year".
B&P authored an article for the Italian-Serbian Chamber of Commerce newsletter about subsidizing new investors in Serbia.
7 May 2015
In the middle of April, 2015, a consortium with the leading participation of Popov & Partners Law Office signed an agreement with the Supreme Judicial Council of Bulgaria for assignation of:
In its current Special Edition FOCUS Magazine has published a list of the leading tax law firms in Germany. GSK Stockmann + Kollegen was again honored as a “Leading Tax Law Firm 2015" in the areas of “Reorganisation, Corporate Restructuring and M&A” and received the FOCUS-Award “Leading Tax Law Firm 2015”.
GSK Stockmann + Kollegen freut sich, Herrn Dr. Philipp M. Kuhn mit Wirkung zum Jahresbeginn 2015 in den Kreis der Equity Partner aufzunehmen.
GSK ernennt Local Partner aus den eigenen Reihen in den Bereichen Gesellschaftsrecht und Real EstateGSK Stockmann + Kollegen ernennt auch 2015 Local Partner aus den eigenen Reihen: Andreas Dimmling, im Bereich Gesellschaftsrecht in München, und Oliver Koos, im Bereich Real Estate in Frankfurt, wurden zum 1. Januar 2015 in den Kreis der Local Partner aufgenommen.
Pepeliaev Group’s tax practice (Band 1) has once again been hailed as the best on the Russian market according to the Chambers Europe 2015 international legal ratings. Clients surveyed by the experts of Chambers Europe consider that “the lawyers dig deep to find issues that play a role in the mandate," while the team stands out because it “is flexible and understands clients' needs."
Kyiv, Moscow, Almaty, 18 May 2015 - CLACIS , a competition law advisory which focuses on matters concerning competition law and compliance in Ukraine, Russia and Kazakhstan announces its opening.