Client Alerts

With the effect from 7 February 2019, the Law of Ukraine “On Currency and Currency Operations” no. 2473-VІІІ, dated 21 June 2018 (the “Currency Law”), and regulations of the National Bank of Ukraine (the “NBU”), adopted to implement the Currency Law provisions, introduce a new currency control regime including new rules governing the financial arrangements […]...

It is our pleasure to share the newest edition of the Wolf Theiss Employment Spotlight, our relaunched monthly e-mail alert that uses real life cases scenarios to inform you about important employment law topics in our dynamic Central, Eastern and Southeastern region. 1. IF YOU ARE A PARENT IN HUNGARY, WE’VE GOT GOOD NEWS FOR […]...

United Kingdom real estate funds are the third most active investors in the Polish real estate market, following only funds from the U.S. and Germany. The new (and unexpected) reality of Brexit is a prime concern for industry participants at various levels:...

The UK referendum has resulted in much work for pundits, not least because there is little certainty when, if at all, the UK will cease to be an EU Member State and what the legal and political framework of its relationship with the EU will be going forward. This note looks at the impact of Brexit real estate developers, constructors and funders projects in CEE and suggests actions that companies should be taking to mitigate any potential negative effects....

Well, a Brelocation is probably easier right now than it would be in two years' time....

János Tóth was the author of the Hungarian chapter of Thomson Reuters' global guide to private mergers and acquisitions....

The Romanian Competition Council is assessing, (at the request of the Romanian energy regulator ANRE): (i) the manner by which energy prices are established on the centralized market (OPCOM); (ii) OPCOM's activities generally in the month of January 2017; and (iii) two transactions between yet-unidentified parties in particular. The energy price for the day ahead market ("PZU") for the first week of January was between 184.7 lei / Mhw and 279.6 lei/Mhw, and thereafter rose to 509.2 lei Mhw on 28th of January, with certain suspicious transactions appearing to have been concluded at higher-than-normal prices....

The EU Regulation No 655/2014 of 15 May 2014 established a European Account Preservation Order (“EAPO”). The Regulation became applicable as of 18 January 2017 within the EU except for the United Kingdom and Denmark ....

The Constitutional Court of FBiH has found that the current order of settlement of workers' claims in bankruptcy proceedings is unconstitutional....

Almost two decades after being adopted following the model of the World Bank and UNCITRAL for non-possessory registered pledges, the Special Pledges Act (the "Act") was substantially amended at the end of 2016. Most of the amendments take immediate effect while those concerning the digitalization of the Central Register of Special Pledges (the "Register") will come into force on 1 September 2018....

The High Court of Justice of Romania established in Decision no.34/2016, published in the Official Monitor no.18 dated 9 January 2017, that a dismissal decision which an employer communicates by e-mail is validly communicated....

Advising in utilities projects that convert waste to energy is just one way that Wolf Theiss helps clients innovate and achieve added value. In advance of his guest presentation in February at the Energy from Waste (EfW) Conference 2017 at the Royal College of Physicians in London, Partner Bryan W. Jardine of Wolf Theiss Bucharest examines the current regulatory and incentive regimes that promote EfW projects in CEE/SEE and takes a look at the wide variation between the different countries....