News, Deals & Insights

List of all News, Deals & Insights

Full disclosure: New employer obligations in Slovakia

February 2019 – Recently approved amendments to the Slovak Labour Code and Employment Services Act impose new obligations on employers in Slovakia as of January 2019.
Among the newly introduced changes, employers can no longer bind their employees...

Major procedural safeguards introduced for competition law enforcement in Ukraine

February 2019 – On 6 February 2018, the Ukrainian parliament adopted a law (the "Law") introducing and enhancing a number of instruments to make companies less susceptible to investigations by the Antimonopoly Committee of Ukraine (the "AMC"). The most...

Kinstellar advises Huajie on the launch of the Business Park project in the Czech Republic

February 2019 – Kinstellar has successfully advised Europe Huajie Development s.r.o. on the launch of a Business Park project in the Czech centrepoint of the Belt and Road Initiative (BRI). This will be the third project carried out in the Czech Republic...

New FX legislation in Ukraine gives more flexibility to international lenders and local borrowers

February 2019 – From 7 February 2019, the Law of Ukraine on Foreign Exchange and Exchange Transactions (the “FX Law”) is in effect. Adopted by the Ukrainian parliament on 21 June 2018, the FX Law overhauls the existing exchange control regime, introduces...

Kinstellar strengthens its M&A & Corporate coverage in Hungary with the addition of Gábor Gelencsér as Partner

February 2019 – Kinstellar, Emerging Europe and Central Asia’s leading independent law firm, is delighted to announce that Gábor Gelencsér has joined the Budapest office as Partner of the firm’s Hungarian M&A and Corporate practice.
Gábor...

Kinstellar advises Neuraxpharm on its European expansion

February 2019 – Kinstellar has successfully advised Neuraxpharm Group, a leading European specialty pharmaceutical company focused on the treatment of central nervous system disorders (CNS), part of the APAX portfolio group of companies, on the acquisition...

Kinstellar Energy Digest Ukraine, January 2019 in Review

February 2019 – Kinstellar Energy Digest Ukraine, January 2019 in Review
OIL & GAS: Second International Licencing Round to take place in May 2019
On 29 January 2019, Ukraine’s State Geology and Subsoil Service (the “Derzhgeonadra”)...

Kinstellar advises Lion’s Head Investments on 3 office acquisitions in Bulgaria and Romania with a total transaction value exceeding EUR 310 million

February 2019 –  Kinstellar is delighted to have advised its client, Lion’s Head Investments, on the acquisition of three major office buildings: two in Sofia (Polygraphia Office Centre and Megapark) and one in Bucharest (Oregon Park).  All three...

Bulgaria’s Supreme Court of Cassation issues interpretative judgement strengthening the equal treatment of creditors and expediting insolvency proceedings

February 2019 – On 3 December 2018, Bulgaria’s Supreme Court of Cassation (“SCC”) issued Interpretative Judgment No 1 (the “Judgement”) on interpretative proceedings No 1/2017 of the General Assembly of the Panel of Commerce. The Judgement...

Ukraine introduces new taxation rules for aviation fuel to prevent tax avoidance

January 2019 – Excise duty in Ukraine on aviation fuel has increased by ten times as of 1 January 2019, in accordance with the Law of Ukraine № 2628-VIII “On Amendments to the Tax Code of Ukraine and Certain Other Legislative Acts in Relation to...