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Austria: Schoenherr advises UNIQA on withdrawal from Russia by selling UNIQA's share in Raiffeisen Life
Poland: Schoenherr advises Gołębiewski Holding on securing seven-year syndicated financing deal
Regulating telemedicine and personalising healthcare: an overview of the latest revision to the Bulgarian Public Health Act
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As the go-to legal advisor for complex commercial matters in the region, Schoenherr aims to use its proximity to industry leaders, in developing practical solutions for future challenges. We keep a close eye on trends and developments, which enables us to provide high quality legal advice that is straight to the point.
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Meet our highly experienced experts, advising on legal questions in 14 countries - covering various legal areas.
our latest press releases
press release
Austria: Schoenherr advises UNIQA on withdrawal from Russia by selling UNIQA's share in Raiffeisen Life
Schoenherr advised UNIQA on the sale of its 75 % share in the Russian life insurance company "Raiffeisen Life" to Russian insurer Renaissance Life. With the closing of this transaction, UNIQA is finally withdrawing from the Russian market. The transaction was signed in August 2023 and was subject to approval by the Russian authorities.
press release
Slovenia: Schoenherr advises GA Adriatic and Renault in settlement with Slovenian Competition Protection Agency
Schoenherr advised GA Adriatic (formerly Renault Nissan Slovenija) in settlement negotiations with the Slovenian Competition Protection Agency (the "Agency"). The firm provided comprehensive legal advice to GA Adriatic and its now former shareholder Renault SAS throughout the proceedings and negotiations.
press release
Austria: Schoenherr advises fynk on its EUR 3.1m seed financing round
Schoenherr advised the Vienna-based start-up fynk on its most recent seed financing round, amounting to approximately EUR 3.1m. The current financing round was led by 3VC with participation from 10x Founders.
legal insights
newsletter
Hungary: Convertible loans simplified
Convertible loans have emerged as a pivotal financial instrument for start-ups navigating the challenging terrain of early-stage funding (pre-seed and seed), also called angel investment. These loans are a hybrid of debt and equity financing, offering a unique solution for companies that are not yet ready for a formal valuation or are seeking to bridge funding gaps between capital-raising rounds.
newsletter
Czech labour law in flux: another "flexible amendment" to the Labour Code
The Chamber of Deputies of the Parliament of the Czech Republic has been presented with another draft amendment to the Czech Labour Code, which has been called a "flexible amendment". The amendment should come into force on 1 January 2025.
newsletter
Regulating telemedicine and personalising healthcare: an overview of the latest revision to the Bulgarian Public Health Act
The amendments to the Bulgarian Public Health Act (PHA), introduced on 8 October 2024, are aimed at modernising the healthcare system, enhancing data management and improving patient care. They prioritise the transition to electronic health records (EHR), regulate telemedicine, and introduce a digital scheduling system for medical appointments. This article provides a high-level overview of the amendments.
publication
18 September 2024
A.Fischer A.Goławska F.Buta G.Pázsitka B.Bodó W.Kapica M.Schmiedinger M.Zimmermann D.Gritsch
to the point: finance l Q3/2024
roadmap
Austria's sustainability-linked bond market: a snapshot
In 2023 we advised a client in connection with the issuance of the first sustainability-linked bond by an Austrian corporation placed among international institutional investors as well as Austrian retail investors. Its main feature is that the coupon for the last year of the term will increase if one or both predefined step-up events linked to the issuer's sustainability targets occur.
roadmap
Consumer Credit Directive II: consumer credit legislation for the digital age
A 2020 review of the Consumer Credit Directive (2008/48/EC) ("CCD I") by the European Commission (EC) found that CCD I has been only partially effective in ensuring a high level of consumer protection.
roadmap
Trade creditor liability risks in arrangements with distressed companies in Austria
In our practice, we have found that the most common reason for distressed companies to initiate reorganisation measures is a severe liquidity squeeze.
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With guided precision and legal services tailored to your needs, our teams across 14 countries guide you from start to finish.
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