EXPERTISE
White-Collar Crime

Romania: Measures applicable during the state of alert

15 May 2020 – Due to favourable evolution of the Covid-19 pandemic in Romania, the authorities have replaced starting with today, 15 May 2020, the state of emergency with the state of alert for a period of 30 days. The competent authorities have taken...

Regional: Updated information about certain measures taken by governments in the Kinstellar jurisdictions in relation to the COVID-19 situation

15 May 2020 – Kinstellar has established a firm-wide COVID-19 Legal Task Force with dedicated legal experts from across our relevant sector focus teams and practice groups. Our Task Force will keep you up to date regarding the legal issues, including...

Romania: Government approves temporary rules designed to facilitate general meetings of shareholders and the meetings of other corporate bodies

15 May 2020 – In the context of the restrictions imposed by the authorities in Romania to prevent the spread of COVID-19, the government has enacted Government Emergency Ordinance 62/2020 (“GEO 62/2020”), which regulates certain temporary measures...

Medical cannabis: Proposed new cultivation and export rules for the Czech Republic

15 May 2020 – On 11 May 2020, the Czech government approved a bill amending the Act on Addictive Substances (the “Bill”). The purpose of the Bill is to expand the possibilities for cultivating cannabis for medical use to a broader range of subjects...

Kinstellar advises a German real estate investment manager on the acquisition of Hotel Barceló Budapest

May 2020 – Despite the challenges caused by the outbreak of the COVID-19 pandemic, Kinstellar has successfully advised a major German real estate investment manager on the acquisition of the recently completed 179-room four-star hotel Barceló Budapest...

Kazakhstan: Supreme Court’s explanation on the introduction of the state of emergency

14 May 2020 - On 6 May 2020, the Supreme Court of the Republic of Kazakhstan (the “Supreme Court”) issued Explanation No. 1 on certain issues of judicial practice in connection with the introduction of the state of emergency.

Kinstellar advises UMG Investments on the acquisition of a stake in Feednova LLC, in Ukraine

May 2020 – Kinstellar recently acted as a legal counsel to UMG Investments in connection with its acquisition of a minority stake in Feednova LLC, a Ukrainian company focusing on production of feed additives for farm animals and pets (“Feednova”)...

Turkish Competition Authority designates its strategy unit for digital markets

11 May 2020 – The Turkish Competition Authority (‘TCA’) has recently empowered its already existing Strategy Development Department for digital markets.

Romania: Insolvency in the context of the Covid-19 pandemic

8 May 2020 – During the current state of emergency, the Romanian government has adopted a series of measures aimed at reducing the negative effects of the COVID-19 pandemic on the business environment in Romania, such as supporting the payment of technical...

Two-minute recap of recent developments in Turkish competition law – April 2020

7 May 2020 – In April, the Turkish Competition Authority (“TCA”) continued to issue decisions, receive online filings and submissions, and initiate preliminary investigations despite working from home. It can be said that it is nearly business as...