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Peruse our press releases for current news on key transactions on which schoenherr has advised, important internal events such as partnership appointments and other breaking firm news.

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Date Title
24. 05. 2013 Austria/Czech Republic/UK: Schoenherr advises VB Real Estate Services in sale of its equity stake in Ablon to CPI Group
VB Real Estate Services GmbH ("VBRES"), a wholly-owned subsidiary of Österreichische Volksbanken-Aktiengesellschaft ("ÖVAG"), has sold its approx. 24.3% equity stake in Ablon Group Limited ("Ablon"), a London-listed real estate developer in Central and Eastern Europe, to CPI Group ("CPI"), a leading Czech real estate investment company wholly-owned by Radovan Vitek.
21. 05. 2013 Austria: Schoenherr advises Elan Corporation, plc, on the acquisition of AOP Orphan Pharmaceuticals AG for up to EUR 534 million
Schoenherr advises Elan Corporation, plc, a biotechnology company headquartered in Ireland and listed on the New York and Irish Stock Exchanges (NYSE: ELN) on the acquisition of 100 % of AOP Orphan Pharmaceuticals AG, Vienna. Completion of the transaction is inter alia conditional upon Elan shareholder approval.
15. 05. 2013 Austria: Schoenherr and Wien Energie enter climate protection partnership
Schoenherr, a leading corporate law firm in Central and Eastern Europe, and Wien Energie, the municipal energy service provider in Vienna, have entered into a partnership to promote climate protection (Klimaschutzpartnerschaft). By using Wien Energie’s environmentally-friendly district heating technology, Schoenherr was able to lower its CO2 emissions by 213 tonnes this past year. This reduction, which was certified by the Technical University of Vienna, corresponds to the annual fuel consumption of a fleet of around 180 company cars with an average mileage of 15,000 kilometres and 120 grams of CO2 emissions per kilometre.
07. 05. 2013 Austria/Romania/CEE: Schoenherr strengthens tax focus with hirings in Austria and Romania
Schoenherr, a leading corporate law firm in Central and Eastern Europe, is strengthening its offering in tax law and advisory services in Austria and Romania by hiring a team of well-established tax experts. Michaela Petritz-Klar has joined Schoenherr as a tax partner in its Vienna office, while Theodor Artenie, Oana Manuceanu and Mihaela Popescu provide tax consulting services through Schoenherr Tax Bucharest SRL, a newly-launched separate legal entity affiliated with the firm's Bucharest office. Building on these appointments, Schoenherr plans to further expand its offerings in the area by also establishing tax teams in Poland and Serbia during the course of next year.
06. 05. 2013 Bulgaria: Schoenherr advises Telenor on EUR 717 million acquisition of Globul, Bulgaria's second-largest mobile carrier
29. 04. 2013 Österreich: Stefan Paulmayer neuer Anwalt bei Schönherr
Stefan Paulmayer (31) steigt bei Schönherr, einer der führenden Anwaltskanzleien in Zentral- und Osteuropa, vom Senior Associate zum Rechtsanwalt auf.
26. 04. 2013 Austria: Schoenherr advises NOVOMATIC on acquisition of majority stake in I-NEW
Schoenherr, a leading corporate law firm in Central and Eastern Europe, advised NOVOMATIC AG, one of the world's largest producers and operators of gaming technologies, in connection with its investment in I-NEW Unified Mobile Solutions AG. Following the 19 April 2013 signing, NOVOMATIC’s acquisition of a 50.097 percent stake in I-NEW is expected to close in around two months. The parties agreed to keep the financial terms of the transaction confidential.
22. 04. 2013 Croatia: Schoenherr advises on privatization of Croatian Postal Bank (HPB)
Schoenherr, a leading full-service corporate law firm in Central and Eastern Europe, is serving as legal advisor in the privatization and recapitalization of Croatian Postal Bank (Hrvatska poštanska banka d.d., widely known under its acronym HPB), the largest majority state-owned bank in Croatia. Following a public tender for advisory services in HPB’s planned privatization, Croatia’s Ministry of Finance selected the bid put forward jointly by CONFIDA REVIZIJA d.o.o. (Zagreb, Croatia), Schoenherr, CONFIDA Klagenfurt Steuerberatungsgesellschaft m.b.H. (Klagenfurt, Austria), and CD Invest Consult GmbH (Vienna, Austria).
19. 04. 2013 Österreich: Shitstorms können nicht nur Imageschäden verursachen, sondern betreffen auch rechtliche Aspekte
Das Phänomen Shitstorm, also ein digitaler Sturm der Entrüstung kann unerwartet über jedes Unternehmen hereinbrechen. Derartige Social Media Krisen können nicht nur verheerende Imageschäden verursachen, sondern sollten auch aus rechtlicher Sicht geprüft werden.
18. 03. 2013 Austria/CEE: Schoenherr further expands its strong standing in new Chambers Global rankings
Schoenherr's standing as a leading corporate law firm in Central and Europe Europe (CEE) has once again been confirmed by the rankings that Chambers & Partners, the distinguished legal directories publisher, released at the end of last week. Schoenherr practice areas in Austria and across CEE received a total of 17 rankings in the 2013 edition of Chambers Global, including seven top tier ("Band 1") rankings.
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