Schoenherr has again been presented with the Austria Legal Advisor of the Year award by Mergermarket at the European M&A Awards Gala on 4 December 2025 in London.

Moravčević Vojnović and Partners in cooperation with Schoenherr advised the Finance Parties (Merrill Lynch International, MUFG Bank, Société Générale, OTP Bank, Erste Group, AKA Ausfuhrkredit-Gesellschaft and Eurobank Private Bank Luxembourg) on a EUR 450m facility agreement with the State of Montenegro as borrower.

Schoenherr advised Erste Group Bank AG as sole global coordinator and bookrunner, and Concorde Értékpapír Zrt. and WOOD & Company as joint bookrunners, on the successful placement of 9.3 million new shares of Budapest Stock Exchange-listed Shopper Park Plus Plc. in connection with a EUR 100m secondary public offering (SPO). The transaction closed on 2 December 2025.

The Commission for Protection of Competition of North Macedonia (CPC) has significantly stepped up its enforcement activity across multiple sectors, targeting both anticompetitive coordination and unfair trading practices. In addition to issuing fines following a dawn raid in the food retail sector, the CPC has also adopted a separate decision establishing the existence of a cartel among ten insurance companies in the motor third-party liability (MTPL) market.

Welcome to our monthly CEE White Collar Crime Law update. With this newsletter, we aim to provide a concise and up-to-date overview of recent case law and other trends and developments in the field of white collar crime law in the CEE region

1 December 2025 marks a major milestone in European intellectual property law. The EU's new framework for geographical indications (GIs) for craft and industrial products officially enters into force under Regulation (EU) 2023/2411[1]. For the first time, regionally rooted non-agricultural products – including glass, porcelain, ceramics, textiles, metal goods, natural stone, jewellery, woodcraft and more – can be protected under a unified EU-wide GI system.

The possibilities for generating music and sounds using AI applications have become both versatile and impactful in recent years.[1] AI enables the customisation of melodies, lyrics and moods to suit users' needs, making AI-generated music particularly relevant in commercial contexts. In addition to licensing their existing portfolios, many sound platforms now also offer access to AI music databases. Their customers include restaurants and retailers that want to enhance their customers' experience with stimulating background music without relying on "chart hits". In addition, AI-generated music is increasingly used for marketing purposes and advertising.