Sports Law Disputes in Turkey and Europe Webinar

Join KDK's webinar on Wednesday, 3 November, to explore sports law disputes in Turkey and Europe. This webinar, which has been organised by Istanbul Bilgi University, The Solution and Kolcuoglu Demirkan Kocakli, will feature presentations from Herve Le Lay of Brown Rudnick LLP, Jean-Louis Dupont of RocaJunyent and Prof. Dr. Hatice Ozdemir-Kocasakal of the Galatasaray University Faculty of Law. Okan Demirkan will moderate the session. Topics of the presentations will include: - Player’s Contracts: Topical Litigious Issues in View of CAS Case Law; - Internal Judicial Bodies and Arbitration in…

Amendment to the Electronic Signature Legislation

October 2021  The Information Technologies and Communication Authority (the “ITCA”), based on its decision of 13 July 2021, opened the amendment draft on the Regulation regarding the Procedures and Principles on Implementation of the Law on Electronic Signatures (the “Regulation“) for public consultation. On 15 October 2021, the amendment entered into force. The amendment provides new provisions on electronic identity authentication and the qualified electronic certificate upload process for identity cards, thus making it possible to create an electronic signature by using an identity…

Polenak Law Firm Assisted a Client in a Dispute Adjudication Board Procedure

October 2021 Polenak Law Firm's team led by Kristijan Polenak - Managing Partner, and Aleksandar Dimic - Partner, assisted a public sector client in a Dispute Adjudication Board procedure concerning matters arising from an agreement based on the International Federation of Consulting Engineers’ (FIDIC) Conditions of Contract for Construction. The resolution of the matter was satisfactory for the client while the underlying project is expected to be completed in good faith and to the benefit of all the parties involved.  

SEE Legal Group Advised on Nomad Foods’ Acquisition UPDATE

October 2021 Nomad Foods Limited closed on 30 September 2021 the acquisition of Fortenova Group’s Frozen Food Business for an aggregate value of approximately EUR 615 million. Six SEE Legal member firms advised on this cross-border transaction besides Norton Rose Fulbright as the lead international counsel: Maric & Co. Law Firm (Bosnia & Herzegovina) whose team worked on the sell side, BDK Advokati (Serbia and Montenegro), Divjak Topic Bahtijarevic & Krka Law Firm (Croatia), SELIH & PARTNERJI Law Firm (Slovenia), KALO & ASSOCIATES (Kosovo) and Polenak Law Firm (North…

Are You Sure That You Own Intellectual Property Rights In Works Created By Your Slovenian Employees?

September 2021 Author: Natasa Pipan Nahtigal, SELIH IN PARTNERJI Law Firm Although the laws on employment-related intellectual property rights have remained unchanged for many years, in practice, we often see cases of employers neglecting this particular area. As a result, a problem may arise in instances when, for example, an employer wishes to transfer or license an IP right, sue a third party for infringement of an IP right, or decides to sell a business. The problem with IP ownership is customarily identified during due diligence. In such circumstances, dealing with the legal issues with…

Polenak Law Firm Advised Singular And Its Owners

September 2021 As another proof of interest to invest in the IT sector in North Macedonia, Flutter Entertainment, a global sports betting, gaming, and entertainment provider, acquired 100% indirect ownership in Singular group of companies based in North Macedonia, Georgia, and Malta. Polenak Law Firm advised Singular and its owners on the transactional documents under Macedonian law. Also, our Regulatory & Compliance team advised the client in the complete harmonisation with the newest personal data protection requirements introduced with the new Data Protection Law which is now fully harmonised…

Competition Board's Commitment Decision On Coca-Cola

September 2021 Authors: Neyzar Unubol, Ali Tuncsav With its decision dated 2 April 2020, the Competition Board (“Board”) initiated an investigation on the allegation that Coca-Cola Satis ve Dagitim Anonim Sirketi (“CCSD”), one of Coca-Cola Icecek Anonim Sirketi’s Turkish subsidiaries, violated Law No. 4054 on the Protection of Competition (“Competition Law”) by preventing the sales of its competitors’ products at the final sales points. The investigation was launched to examine whether certain provisions of the agreements executed between CCSD and the final sales points, such…

Tender for the Award of Concession for Two Montenegrin Airports

September 2021 On 25 November 2019, the following companies expressed their interest. The total deal value is up to EUR 300 million. Four companies, out of seven initially applied, have been shortlisted for the second round of the tendering procedure: Incheon International Airport Corporation from South Korea; GMR from India; Groupe ADP with TAV; Corporacion America Airports from Luxemburg. GMR has been eliminated from the process in the meantime because ADP recently acquired a 49% share in GMR. The entire tendering procedure has been delayed several times until now. The latest…

CNIL Refuses To Let Monsanto Off The Hook

September 2021 On 26 July 2021, the French Data Protection Authority (“CNIL“) issued a fine of EUR 400,000 against Monsanto, a leading company in the field of agricultural biotechnologies. The decision elucidates the criteria for differentiating between a data controller and a data processor and validates a strict approach to interpreting the obligation of data controllers to inform individuals about the processing of their personal data. In 2013, Monsanto entered into an agreement with Fleishman-Hillard, a public relations company. In the performance of the agreement, Fleishman-Hillard…

Peter Petrov Authors Bulgaria’s Chapter Of Lexology Getting The Deal Through: Merger Control

September 2021 Partner Peter Petrov has authored the Bulgaria chapter in the 2022 edition of Lexology Getting The Deal Through on Merger Control. Lexology Getting The Deal Through provides international expert analysis in key areas of law, practice, and regulation for corporate counsel, cross-border legal practitioners, and company directors and officers. In its sixteenth edition, the Merger Controls guide addresses key questions on all matters of concern regarding labour law in multiple countries worldwide. In the chapter, Peter provides his expert insight on a wide range of topics including…

DTB Assisted Villa Dubrovnik in the acquisition of D-Resort Sibenik

September 2021 Dogus Croatia (Croatian subsidiary of one of the largest private-sector conglomerates in Turkey) and Martimus B.V. completed the sale of a majority stake in Villa Dubrovnik to Erste Pension Fund. Villa Dubrovnik (a company listed on Zagreb Stock Exchange) operates a five-star hotel in Dubrovnik and is the owner of another luxury hotel, namely, D-Resort Sibenik. The transaction is perceived as one of the most notable in the tourism sector in 2021 due to the volume of the deal and the fact that Villa Dubrovnik is one of a handful of luxury hotels on the Adriatic coast with huge popularity…

NNDKP assists a syndicate of banks in connection with a new 278 million lei financing granted to Rodbun Group

August 2021 Nestor Nestor Diculescu Kingston Petersen (NNDKP) successfully assisted a syndicate of banks consisting of Banca Comerciala Romana (as mandated lead arranger, bookrunner, documentation agent, facility agent, security agent, and lender), CEC Bank (as mandated lead arranger and lender), Raiffeisen Bank (as mandated lead arranger and lender), Banca Transilvania and Banca Romaneasca (as lenders), in connection with new financing of lei 278 million (approximately EUR 56,3 million) granted to Rodbun Group, one of the leading agri-business companies in Romania. Rodbun is a fully Romanian-owned…