SELIH & PARTNERJI Advised KJK Fund on its Acquisition of Elan

SELIH & PARTNERJI Law Firm has advised the KJK Fund on its acquisition of Slovenian sporting goods manufacturer Elan from MLI (part of the Bank of America Merrill Lynch group) and Wiltan (part of VR Capital group). While merger clearances in other countries have already been obtained, the sale is still contingent on the approval of Slovenia's competition authority, and it is expected to close in mid-2019.

Valvoline to Acquire FAM’s Production Plant and Related IP Rights

BDK Advokati represented Ellis Enterprises d.o.o. a subsidiary of Valvoline (NYSE: VVV), in the acquisition of the production facility and IP rights from Serbian lubricant producer FAM for a purchase price of EUR 9.5 million. As a result of this acquisition, Valvoline will add to its portfolio FAM’s products which are well-known in the Balkan region.

The Joint Venture and the Insolvency of the Leader

In this article, NNDKP Partner Radu Damaschin discusses the concepts of joint venture and insolvency under Romanian Law.

BDK Advokati Advises Coca Cola HBC on the Acquisition of Serbian Confectionary Firm Bambi

Coca Cola HBC AG has penned an agreement with Mid Europa Partners to acquire Bambi a.d. for an enterprise value of EUR 260 million. By this acquisition, Coca Cola HBC will add to its beverage portfolio snack brands well-known in the Balkan region, such as Bambi, Plazma, Wellness and Zlatni Pek. The deal is expected to close in the second quarter of 2019 upon issuance of relevant merger clearances.

Promotions at BOYANOV & Co.

BOYANOV & Co. announced the following promotions as of 1 February 2019: Radoslav Alexandrov is promoted to Partner and Head of Employment Practice Group; Nikolay Kolev ­­- to Counsel within the Corporate and M&A Practice Group; Stela Sabeva - to Principal Associate and Head of the Intellectual Property Department; Rossiza Marinova and Marina Mollova - to Senior Intellectual Property Associates.

The SEE Legal Member Firms Top-ranked Individually and as a Group by Chambers Global 2019

All 10 SEE Legal member firms keep their high rankings in the 2019 edition of Chambers Global. As a Group, SEE Legal continues to be top-ranked as a Leading Regional Law Firm Network in Central & Eastern Europe by Chambers Global 2019. For the past 16 years, SEE Legal has continued to develop into a highly-integrated regional legal service provider dominating the region of Southeast Europe. A client noted that the Group is "one of the biggest and longest-standing networks in the region," while Chambers Global concluded that SEE Legal operates as a standalone provider to businesses seeking comprehensive coverage of Eastern Europe.

SEE Legal Members Worked on Five Deals Shortlisted for the 2018 CEE Legal Matters Deal of the Year Awards

CEE Legal Matters announced the finalists for the CEE 2018 Deal of the Year in 17 CEE countries. The following SEE Legal members have participated in one or more of the five of the shortlisted deals: KALO & ASSOCIATES, BOYANOV & Co., Divjak, Topic & Bahtijarevic, Polenak Law Firm, BDK Advokati and Selih & Partners.

BOYANOV & Co. Contributed to the Bulgarian Chapter on Private Equity

Yordan Naydenov, Partner and Head of Corporate and M&A Practice Group and Dr. Nikolay Kolev, Counsel at BOYANOV & Co. contributed to the third edition of Private Equity, published by Thomson Reuters in 2018, London with general editors Charles Martin and Simon Perry.

BDK Advokati Advised Dnata

BDK Advokati advised Dnata, a globally successful corporation based in the United Arab Emirates, on the acquisition of all shares in Serbian EAP Shared Services d.o.o. from Etihad Airport Services LLC. EAP Shared Services d.o.o. acts as a contact center of various airlines and brings their loyalty programs under one roof in Europe.The deal was closed on 31 January 2019, and both parties have agreed not to disclose the purchase price. The BDK team was led by Sasa Stojanovic (counsel), and also involved Pablo Perez Laya (consultant) and Sanja Dedovic (junior associate). Tijana Kojovic was the…

KG Law Firm Participated in a Conference organised by SDEE and the Association of Greek Commercialists

On 30 January 2019, Apostolos Georgantas, Senior Associate at Kyriakides Georgopoulos (KG) Law Firm, spoke at a conference organized by SDEE and the Association of Greek Commercialists, which focused on the new legislation (L.4548/2018) on Sociétés Anonymes. Apostolos’ speech dealt with conflicts of interests arising on the one hand between the company and the members of the Board of Directors and on the other hand between the company and its shareholders. Introductory remarks were made by Senior Partner of KG Law Firm, and Chairman of SDEE, Leonidas Georgopoulos.

KDK’s Partner Okan Demirkan Spoke at ISTAC’s M&A Disputes Conference

Okan Demirkan spoke at ISTAC’s M&A Disputes Conference, along with Dr. Michele Patocchi (Patocchi & Marzolini), Ed Poulton (Baker McKenzie) and Prof. Ercument Erdem. While sharing his experience in M&A related arbitrations, Okan emphasized the need to update Turkey’s International Arbitration Law, particularly its interim measures related provisions. In addition to his arbitration expertise, Okan also represents clients in litigation proceedings in Turkey, including commercial, administrative and employment lawsuits as well as criminal lawsuits related to white-collar crimes, and…
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BOYANOV & Co. and KALO & ASSOCIATES Advised Albania Telecom Invest

BOYANOV & Co. and KALO & ASSOCIATES, members of SEE Legal, advised Albania Telecom Invest (ATI), a joint venture of Mr. Spas Roussev and Mr. Elvin Guri (a successful Bulgarian entrepreneur of Albanian origin), on the acquisition of Telekom Albania from OTE (Deutsche Telekom) for a total consideration of EUR 50 million. More specifically, BOYANOV & Co. advised ATI on the entire deal – participation in an auction organised by OTE, submission of a bid, legal due diligence (in cooperation with KALO & ASSOCIATES), negotiation of the sale and purchase agreement, escrow agreement and…