Exceptions to Foreign Currency Loan Usage Expanded
November 2025
The Banking and Finance team of our member firm Kolcuoglu Demirkan Kocakli has issued a client alert "Exceptions to Foreign Currency Loan Usage Expanded".
You may view the alert document here.
SEE Legal Firms Among the Region’s Best in IFLR1000 2025 Rankings
November 2025
We are proud to celebrate yet another outstanding achievement by our member firms and their exceptional lawyers in the newly released IFLR1000 2025 rankings. Their continued recognition across multiple jurisdictions reflects SEE Legal’s shared commitment to excellence, innovation and regional leadership.
We extend our warmest congratulations to all ranked firms and individuals – and our sincere gratitude to our clients for their trust and ongoing support, which make these successes possible.
KALO & ASSOCIATES has been ranked Tier 1 in Financial and Corporate, and Project…
Tax Alert – 2025 Tax Reform Bill Submitted to the Hellenic Parliament
October 2025
Angeliki Miliakou, Partner, and Sofia Kournouti, Junior Associate
Kyriakides Georgopoulos Law Firm
A tax reform bill has been submitted to the Hellenic Parliament for voting and is expected to be adopted in the coming days. The bill introduces a comprehensive set of measures aimed at reducing the tax burden on individuals, supporting families and strengthening the income of young people.
Key amendments introduced by the bill include:
Reduction of Personal Income Tax Rates
The bill introduces reductions in personal income tax across multiple brackets and establishes a new tax…
The Growing Importance of Simplified Mergers in Capital Markets Legislation
October 2025
Hasan H. Yasar, Partner, and Sinem Nilsu Nayazit, Associate
Kolcuoglu Demirkan Kocakli
Company mergers have emerged as a significant tool in companies’ growth, restructuring, and competitiveness enhancement strategies, particularly during periods of accelerated economic fluctuations and sectoral transformations. The simplified merger procedure envisaged under the Turkish Commercial Code (“TCC”) and capital markets legislation stands out with its structure that expedites transaction processes and eliminates certain legal obligations. This merger model has been more widely preferred…
Greece Transposes EU Directive 2022/2557 (Critical Entities Resilience Directive)
October 2025
Irene Kyriakides, Partner, Natalia Soulia, Counsel, and Terpsithea Papanikolau, Junior Associate
Kyriakides Georgopoulos Law Firm
Introduction
Greece has recently enacted Law 5236/2025, transposing the Critical Entities Resilience Directive (Directive (EU) 2022/2557, “CERD”) into national law. The new regime introduces a comprehensive framework to identify and regulate “critical entities”, namely operators which belong to certain key sectors, such as energy, transport, finance, health, water, waste management, digital infrastructure, space, public administration and food…
No-Poach Agreements in Competition Law
October 2025
Spela Arsova, Partner
Selih & partnerji
In the past, competition authorities have mainly focused on markets where companies offer various products and services. In recent years, however, their attention has increasingly turned to the labor market. At the center are so-called no-poach agreements.
What are No-Poach Agreements?
No-poach agreements are agreements between companies in which they agree not to solicit or hire each other’s employees. Such agreements may refer to:
the active solicitation of another company’s employees (so-called non-solicitation agreements),…
Claiming Partial Reimbursement of Salary Compensation for Short-Time Work
October 2025
Darja Miklavcic, Partner, and Anja Bosnik
Selih & partnerji
On 12 July 2025, the Act on the Enforcement of Partial Reimbursement of Wage Compensation for Shorter Working Time (Official Gazette of the Republic of Slovenia, No. 47/25; hereinafter referred to as “ZUDPNP”)¹ entered into force. The main purpose of ZUDPNP is to promote the preservation of jobs.
ZUDPNP introduces a permanent short-time work scheme. In accordance with this Act, employers who meet the prescribed conditions may, under certain circumstances, claim the right to partial wage compensation for employees…
Selih & Partnerji Advised ZDR Investments on Its Acquisition of LOGspot Logatec
October 2025
Our member firm Selih & partnerji acted as local legal counsel, alongside lead advisor NIRRIS, to ZDR Investments on its acquisition of LOGspot Logatec, a logistics real property, from Atrios Group.
The Selilh team providing comprehensive legal support on the Slovenian aspects of the transaction included: Blaz Ogorevc, Partner, and Senior Associates Blaz Murko and Sara Ermenc Lapajne.
This transaction reflects the growing attractiveness of the Slovenian real-estate and logistics market for international investors.
KDK Advised Deutz AG on the Acquisition of Çatalkaya Makina
October 2025
Our member firm Kolcuoglu Demirkan Kocakli advised Deutz AG, a publicly traded company and one of the world's leading manufacturers of innovative drive systems, on the acquisition of Çatalkaya Makina, the official distributor of Deutz AG engines and spare parts in Turkey.
KG Law Firm Represented Bally’s Corporation in the Completion of the EUR 2.7 Billion Integration of its Interactive Business into Intralot S.A.
October 2025
Our member firm Kyriakides Georgopoulos Law Firm has announced it has successfully represented Bally’s Corporation in the completion of the EUR 2.7 billion cross-border integration of its Interactive Business into Intralot S.A.
The transaction included a EUR 900 million Senior Secured Notes offering, a EUR 600 million Fixed Rate Notes due 2031 and EUR 300 million Floating Rate Notes due 2031, as well as an equity raise of EUR 429 million.
The KG Law Firm team was led by Theodore Rakintzis, Partner (Capital Markets), along with Apostolos Georgantas, Partner, and Meletios Andrianos,…
The Role of Sports Arbitration in Light of Public Order of the EU and the Issue of Potential Violations of European Competition Law by FIFA Regulation...
October 2025
Natasa Pipan Nahtigal, Managing Partner, Grega Paternoster, Senior Associate, and Domen Humar
Selih & partnerji
An arbitral award is, as a rule, final, since pursuant to Article 38 of the Slovenian Arbitration Act (Zakon o arbitraži – ZArbit), it has the effect of a final court judgment between the parties. Finality, of course, is subject to exceptions. Article 40 of ZArbit sets out the circumstances under which an arbitral award may be challenged by filing an action for annulment. Moreover, an arbitral award may also be challenged on the grounds of incompatibility with the…
Lifting the Corporate Veil in Montenegro
October 2025
Dijana Raickovic, Legal Counsel
Law Offices of Jovovic, Mugosa & Vukovic
The legal concept of lifting the corporate veil, or the illusion of legal personality, originates from Anglo-Saxon (English) law.
The general principle is that a limited partner, a member of a limited liability company, and a shareholder are not liable for the obligations of the company. However, if members of these companies abuse the rules regarding the separation of company assets and their personal assets, or otherwise misuse the company by treating its assets as their own (for personal gain or the…
