New Regulations Impacting the Crypto Asset Sector
October 2024
Irem Cansu Demircioglu, Senior Associate, and Yagmur Gundogdu, Trainee Associate
Kolcuoglu Demirkan Kocali Attorney at Law
Law No 7518 on Amendment of Capital Markets Law (the “Law”) has been published on 2 July 2024, and has entered into force on the same date. Upon its enactment, the Law established the procedures and principles applicable to entities in the crypto-asset sector and the services provided by such entities. In this respect, the new regulations introduced by the Law and the principles published by the Capital Markets Board (CMB) following the entry into force…
Kyriakides Georgopoulos Law Firm Assisted Frigoglass SAIC
May 2023
Kyriakides Georgopoulos Law Firm has assisted as Greek counsel Frigoglass SAIC in the consensual recapitalisation and restructuring of its group of companies leading to the strengthening of the group’s capital structure, now controlled by the group’s noteholders and by Frigoglass SAIC retaining a minority stake.
This has been one of the most complicated and demanding transactions confirming our firm’s capital markets and restructuring teams longstanding expertise working closely with its tax, labor, and IP teams.
The KG team has been led by Capital Markets and Restructuring…
New Investment Round For Getir
December 2022
Getir, which reached the unicorn level of companies by receiving an investment of USD 300 million from Sequoia Capital and Tiger Global in March 2021, completed its fourth investment tour two months later and received a new investment of USD 555 million.
In the first six months of 2021, with a total investment of almost USD 1 billion, Getir’s equity increased nine times in five months. While the company continues its growth in Türkiye and Europe with this investment, Getir entered the American market at the end of 2021. Getir started to serve in Chicago, New York and Boston.…
BOYANOV & Co. is Advising Plastics Manufacturer Borealis
February 2022
BOYANOV & Co. is advising plastics manufacturer Borealis on the Bulgarian legal aspects of the binding offer from EuroChem for Borealis’ nitrogen business. EuroChem intends to acquire Borealis’ nitrogen business, which includes fertilizer, melamine, and technical nitrogen products. It is valued at EUR 455 million under the terms of the offer. The transaction is subject to certain closing conditions and regulatory approvals, with closing expected for the second half of 2022.
Borealis is one of the world’s leading providers of advanced and circular polyolefin solutions and…
Investment Protection Between Serbia and Major Economies: France
February 2022
Author: Relja Radovic, BDK Advokati
Investment Flows
We conclude our series on investment protection between Serbia and major economies with a post on France. According to the Development Agency of Serbia, France is the third country of origin of foreign investments in Serbia, with a 9.7% market share, in terms of the value of projects, and the fifth country of origin, with a 5.4% market share, in terms of the number of projects. The most famous recent French investments in Serbia are Vinci’s concession for Nikola Tesla airport in Belgrade and Suez’s participation with…
Investment Protection Between Serbia and Major Economies: Italy
January 2022
Author: Relja Radovic, BDK Advokati
Investment Flows
This week we focus on Italy within our series on investment protection between Serbia and major economies. According to the Development Agency of Serbia, Italy is the top country of origin of foreign investments in Serbia, with a 10.7% market share in terms of the value of projects, and second country of origin, with a 14.4% market share, in terms of the number of projects. The most famous Italian investment in Serbia is a decade-old joint venture of Fiat and the Serbian government in the automotive industry.
Investment Protection…
The Investment Funds and Management Companies Amendment Act and the Alternative Investment Fund Managers Amendment Act
November 2021
Author: Katra Rangus, Selih & Partnerji Law Firm
On 24 September 2021, the National Assembly of the Republic of Slovenia adopted the Investment Funds and Management Companies Amendment Act (hereinafter: the "ZISDU-3D") and the Alternative Investment Fund Managers Amendment Act (hereinafter: the "ZUAIS-B"). Both Acts were published in the Official Journal of the Republic of Slovenia No 161/2021 on 6 October 2021 and entered into force on 21 October 2021.
Their adoption implements: (1) Directive 2019/1160 of the European Parliament and of the Council of 20 June 2019 amending…
DTB Assisted in the Listing of Villa Dubrovnik on Zagreb Stock Exchange
Divjak Topic Bahtijarevic & Krka (DTB) advised Villa Dubrovnik, a company operating a luxury 5-star hotel in Dubrovnik, in connection with its initial listing of shares on the Zagreb Stock Exchange.
An Alternative Financing Tool: Convertible Bonds
Given the current macroeconomic outlook and the solid impacts of COVID-19 on the Turkish market, it has become much harder for Turkish companies to satisfy their financing needs by accessing conventional financing sources with lower interest rates. Convertible bonds may be considered as an attractive financing instrument for these companies and become an alternative path to raise capital.
NNDKP Acts as Romanian Local Counsel in connection with CTP’s Listing on Euronext
(NNDKP was part of an international team of lawyers that assisted CTP in connection with its Initial Public Offering (IPO) on the Euronext stock exchange in Amsterdam.
The SEE Legal Group and its Member Firms Top-ranked by Chambers Europe 2021
For the first time, the publishers of Chambers Europe guide have decided to rank the Leading regional law firm networks in Central and Eastern Europe in separate bands.
The SEE Legal Group Ranked Band 1 by Chambers Global 2021
The SEE Legal Group and its members are proud to announce that the SEE Legal Group is the only regional legal network in Central and Eastern Europe that has received the prestigious Band 1 ranking by Chambers Global 2021.