5 May 2025 – It has come to our attention that some companies in Bulgaria have received unauthorised fraudulent emails falsely claiming to originate from Kinstellar's Sofia office. Th is appears to be part of an illegal scam (fraudulent impersonation) campaign. We assure you that these fraudulent emails did not come from our official Kinstellar domain and have nothing to do with our Firm. Our IT and Risk & Compliance teams are giving this matter their highest priority and are actively investigating the issue. We are bringing this matter to the relevant authorities. Importantly, this illegal scam campaign appears to have been sent from various email accounts. Please verify the sender's
The European Accessibility Act (Directive (EU) 2019/882) ("EAA") represents a significant shift in the regulatory landscape for private sector businesses across the European Union. Introduced to harmonise accessibility requirements for key products and services, the EAA is designed to improve access for persons with disabilities and foster a more inclusive internal market. With its full application date set for 28 June 2025, business entities that have not yet assessed their compliance posture face growing legal, operational, and reputational risks. The EAA expands beyond earlier public sector-focused legislation and applies to a wide range of industries—from tech to banking, telecoms, and e-commerce—making timely
In a key ruling, Ukraine's Supreme Court has upheld a previously overturned conditional merger clearance by the Antimonopoly Committee of Ukraine (AMC) concerning two major Ukraine-based cement producers, namely CRH Ukraine and Dyckerhoff Cement Ukraine. Back in September 2024, the Commercial Court of Kyiv annulled a conditional merger clearance issued by the AMC for the CRH-Dyckerhoff transaction. Approved earlier that same month[1], with stipulated obligations related to production levels and fair market access, the merger clearance soon faced a legal challenge from competitor Kovalska, leading to months of litigation. Kovalska alleged that the AMC's Phase II investigation lacked an adequate competitive analysis, particularly
Kinstellar is delighted to announce the launch of its newest sister law firm in Cambodia, marking an important step in the continued growth of our Southeast Asia platform. In Cambodia, we are bringing together two respected firms—Sok Siphana & Associates and Sethalay Law Office—under a single new brand "Sok Siphana Sethalay in association with Kinstellar Southeast Asia". This development represents another significant milestone in our regional expansion, following the 2024 launch of ''Asia Counsel in association with Kinstellar Southeast Asia" in Vietnam. By aligning with Sok Siphana Sethalay, we combine our international expertise and resources with deep local knowledge—delivering exceptional
We are pleased to share this mid-year update to Kinstellar's Regional 2025 Competition Review and 2026 Outlook. This document provides a snapshot of the latest competition law developments in Austria, Bulgaria, Romania, Serbia, and Turkey, covering key enforcement actions, legislative updates, and regulatory trends observed in the first half of 2025.As always, our aim is to keep clients and partners informed and equipped to respond to ongoing changes in the regulatory landscape.We hope you find this update useful and welcome the opportunity to discuss its implications for your business. Read more in our brochure below: DO WNLOAD BROCHURE
We are pleased to announce that Kinstellar advised First Big Orange Garden, a special purpose vehicle, on one of the largest office building acquisitions in Bulgaria to date - the FairPlay Business Hub. First Big Orange Garden acquired the FairPlay Business Hub from Fairplay International AD, one of the biggest real estate investors on the local market. Strategically located in Lozenets, Sofia, the FairPlay Business Hub is a highly valuable asset, built to premium standards to provide an exceptional environment for modern business. Real estate advisory firm Avalant supported the buyer throughout the process of identification, analysis, and selection of the investment property. Our Sofia team advised the client throughout
At Kinstellar, we understand that tax audits and disputes can pose significant challenges to businesses. To better serve our clients in this critical area, we have brought together our tax advisory and litigation teams into a dedicated Tax Disputes & Audit Task Force. This newly established task force combines the full strength of our tax and legal expertise to support companies facing the risk—or the reality—of a tax inspection or fiscal litigation. Our professionals work hand-in-hand to help you anticipate risks, prepare your teams, manage the audit process, and defend your case with confidence in all procedural phases. Whether you're seeking to avoid future exposure, handle an ongoing audit, or resolve
The current economic situation is causing an increasing number of lessees to have concerns about the financial situation of their lessors and the stability of their lease rights. In this context, the question often arises as to what effect (i) the opening of insolvency proceedings against a lessor's assets, and/or (ii) the (compulsory) sale of the property on which the leased premises are located have on the lease agreement. 1. Opening of insolvency proceedings against the assets of a lessor In Austria, the opening of insolvency proceedings against the assets of a lessor has no effect on the existence and the content of a lease agreement. Pursuant to Section 24 of the Insolvency Act (Insolvenzordnung), the insolvency
Kinstellar has advised Mitiska European Real Estate Partners 3 ("MEREP 3") —an investment fund of Mitiska REIM—in connection with the entry of the European Bank for Reconstruction and Development ("EBRD") into a joint venture with property developer OPC Group for the development and operation of five retail parks in Slovakia. The joint venture involves retail parks located in Liptovský Mikuláš, Skalica, Sládkovičovo, Žiar nad Hronom, and Veľké Kapušany. The EBRD entered the partnership through its investment vehicle MEREP 3 CEE CIV CommV to support the development of sustainable commercial real estate in the region. All projects are expected to target BREEAM "Very Good" or higher certification.
Kinstellar acts as trusted legal counsel to leading investors across Central and Eastern Europe (CEE), Southeast Europe (SEE) and Central Asia. Our reputation for quality, excellence and integrity speaks for itself.
With offices in 12 jurisdictions and over 300 local and international lawyers, we deliver consistent, joined-up legal advice and assistance across diverse regional markets – together with the know-how and experience to champion your interests while minimising exposure to risk.
Our clients include leading international and regional corporations, banks and other financial institutions, state bodies, multi-lateral institutions, and international law firms with clients that require top-quality legal counsel in our jurisdictions. We handle the most important and complex assignments for clients across diverse industries and business sectors.
*2024 rankings in core practice areas in international legal directories (Chambers & Partners, Legal 500, IFLR1000)
With expert local knowledge and a track record at the international level, our lawyers provide top-tier advice and client service in Central and Eastern Europe (CEE), Southeast Europe (SEE) and Central Asia.
Our TeamWhat an inspiring afternoon at our LEX OZE III mini-conference in #Prague! ⚡ With passionate debates on overcompensation, energy storage, consumer protection, and capacity mechanisms, the room was filled with sharp insights and forward-looking perspectives from both legal and technical experts. Thanks to all speakers and guests who contributed to the lively discussions — and stayed for a glass of wine afterward! 📩 For more insights please reach out to Kamil Blazek (Partner), Michal Forýtek (Counsel), Radim Kotlaba (Managing Associate) or Antonín Seidel (Junior Associate). #ExceptionalTogether #InTheKnow #EnergyTransition #EnergyLaw #LEXOZE #EnergyAndInfrastructure #Sustainability #LegalInsights
💡 🇺🇦 We're proud to share the #Ukraine chapter of Global Arbitration Review's (#GAR) Commercial Arbitration 2025, authored by our dispute resolution experts in the #Kyiv office: Olexander Martinenko (Partner, Head of Dispute Resolution), Danylo Volkovetskyi (Managing Associate), Tetiana Kolga (Senior Associate) and Arina Kolesnyk (Junior Associate). 🗂️ Structured, concise and clear answers to 51 questions give a comprehensive overview of the legal and procedural framework of commercial arbitration in #Ukraine, covering: infrastructure, agreement to arbitrate, commencing the arbitration, choice of law, appointing the tribunal, challenges to arbitrators, interim relief, awards and challenging awards, costs and interest, and enforcement trends. Examples of the matters include: ✅Particular issues to note when drafting an arbitration clause ✅Types of disputes that are non-arbitrable ✅Foreign arbitral providers ✅Third-party funding 🌐📊 As the cross-border business, investment and international trade will only grow, the global trend is moving toward arbitration as a preferred method for resolving commercial disputes. 📰 We invite you to explore the full Ukraine chapter here: https://lnkd.in/dCTtC_fG and 📞 contact our Dispute Resolution team to protect your business or resolve your disputes efficiently, privately, and with confidence. This article was first published on Global Arbitration Review in May 2025; for further in-depth analysis, please visit the GAR Know-how Commercial Arbitration at https://lnkd.in/dNg3gxG. #ExceptionalTogether #InTheKnow #CommercialArbitration #InternationalArbitration #DisputeResolution #GARKnowHow #LegalInsights
The atmosphere was great – lots of laughs, good energy, and just the right dose of competition. People had fun, and the winners walked away with some well-deserved prizes! A nice way to mix things up and spend some time together outside the usual workday.
🌐 Our Sofia team is proud to have advised on one of the largest office building acquisitions in #Bulgaria to date. We supported First Big Orange Garden throughout all stages of the acquisition of the FairPlay Business Hub from Fairplay International AD - one of the biggest real estate investors on the local market, including on the acquisition financing. 💼 Our team was led by Antonia Mavrova (Partner) and Atanas Mihaylov (Counsel), and included: Simeon Vachev (Senior Associate), Desislava Dimitrova (Associate), and Nikoleta Ivanova (Junior Associate) advising on all acquisition-related matters, and Svilen Issaev (Counsel) and Denitsa Kuzeva (Senior Associate) covering the financing aspects of the transaction. 🖱️ https://lnkd.in/dn_z6UU3 #ExceptionalTogether #DoneDeals #RealEstate #Bulgaria #MandA #Innovation #MergersandAcquisitions #RealEstateLaw
Thank you to Akadémia C. H. BECK for organising this year’s M&A in Slovakia conference and for the opportunity to take part in such a high quality programme. Our Partner Viliam Mysicka joined a panel discussion alongside Juraj Gyarfas (Dentons) and Jan Bakule (RENOMIA), where they shared their perspectives on the evolving role of W&I insurance in M&A transactions – from smaller deals to known risk coverage and claim experience.
🌟 We're proud to celebrate the recognition of our talented Intellectual Property professionals in the IP STARS 2025 rankings – highlighting their exceptional contributions to the field of IP across the region. 🏆 🇺🇦 Natalia Kirichenko, Partner, Co-Head of the Firm-wide Intellectual Property & Technology service line and Head of the local Intellectual Property & Technology service line in Ukraine, has been awarded the prestigious Transactions Star 2025 for her outstanding work in #IP. We are looking forward to the release of the firm rankings in #Ukraine throughout June and July, for the first time since the start of the full-scale invasion. 🏆 🇧🇬 Kinstellar Sofia has been ranked in the Trade Mark 2025 category – a recognition of the team’s consistent delivery of high-quality legal advice in trademark law. 🏆 🇧🇬 Special congratulations also to Georgi Kanev, Managing Associate, Co-Head of the Firm-wide Intellectual Property & Technology service line and Head of the local Intellectual Property & Technology and Data Privacy practice in #Bulgaria, who has been ranked as a Notable Practitioner – reflecting his dedication and leadership in the IP space. 💼 IP STARS (Managing IP's rankings publication) are among the most respected in the industry, drawing on independent research across 151 jurisdictions and evaluating more than 7,100 practitioners. 🎉 Huge appreciation to our clients for their continued trust, and kudos to our IP teams for pushing boundaries and setting new standards across the region! #ExceptionalTogether #InTheKnow #IPStars2025 #KinstellarExcellence #TransactionsStar #TradeMarkLaw #Recognition #StellarJourney #IntellectualProperty
🚨🇪🇺 Landmark EU Commission decision: A double first for antitrust enforcement The European Commission has fined Delivery Hero and Glovo a combined EUR 329 million for their participation in a cartel within the online food delivery sector. This ground-breaking decision marks two significant "firsts" in EU competition law: 📌 Anti-competitive minority shareholding: This is the first time the Commission has sanctioned the anti-competitive use of a minority stake in a competing business. It underscores that even non-controlling investments can facilitate illegal coordination. 📌 Labour market cartel (no-poach agreements): This is the first EU Commission decision finding a cartel in the labour market, specifically relating to companies agreeing not to poach each other's employees. This sends a clear message that such agreements, which stifle employee opportunities, are a serious antitrust violation. Key takeaways: 💡 Non-controlling stakes do not exempt companies from antitrust scrutiny when they lead to anti-competitive coordination between competitors. 💡 No-poach agreements are indeed sanctionable as cartels, emphasizing the importance of competition for talent. 📩 If you need advice in competition law, reach out to our experts, Tomas Cihula (Partner in Prague and Co-Head of the Firm-wide Competition & State Aid service line) and Matěj Korduliak (Associate, Prague). #ExceptionalTogether #InTheKnow #Antitrust #CompetitionLaw #EUCommission #Cartel #LabourMarket #NoPoach #MergersAndAcquisitions #Compliance #FoodDelivery
AUT 📢 Protecting lease rights in #Austria: Consequences of insolvency and (compulsory) sale of premises 📑 In light of the current economic climate, lessees are increasingly concerned about the financial stability of their lessors—and with good reason, as Sandra Seldte, Counsel in our Vienna office, explores in her latest article. When a lessor faces insolvency or a (compulsory) property sale, the security of the lessee’s rights may be at risk. The article analyses two key scenarios that can directly or indirectly impact lease agreements under Austrian law: (i) the initiation of insolvency proceedings against the lessor’s assets, and (ii) the (compulsory) sale of the leased property. 🔍 Key takeaways for tenants, investors, and legal advisors: ✔️ Insolvency proceedings against the lessor’s assets alone do not affect the validity or content of a lease, nor do they create a special termination right ✔️ A (compulsory) sale, however, can impact the lease—depending on: – whether the lease falls under the (full or partial) scope of application of the Austrian Tenancy Act (#MRG) or only the Civil Code (#ABGB) – whether and how the lease is registered in the land register ✔️ Small differences in legal structure can make a major difference in lease protection ⚖️ The article provides detailed legal analysis, helping stakeholders understand how to safeguard lease rights even in uncertain times. 📖 Read the full article: https://lnkd.in/deTEzCZn #ExceptionalTogether #InTheKnow #Insolvency #LeaseAgreements #RealEstateLaw #LeaseProtection #Vienna
📢 Proud to have advised Mitiska REIM (via MEREP 3) on the entry of the European Bank for Reconstruction and Development (#EBRD) into a joint venture with property developer OPC Group to develop and operate five retail parks across #Slovakia. 🌍 All projects are targeting #BREEAM "Very Good" or higher certification, supporting sustainable commercial real estate in the region. Congratulations to our team in Bratislava, Managing Associate Dáša Labašová and Associate Martin Dančo, for advising on the full legal aspects of the transaction. 📌 https://lnkd.in/dtcnFHbP #ExceptionalTogether #DoneDeals #InvestmentFund #RealEstateLaw #MergersandAcquisitions #RetailPark #Sustainability