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International Edition

Howrey boosts NY and Madrid with partner hires

Howrey has added two intellectual property (IP) partners and a litigation partner in its New York and Madrid offices. All three partners joined at the beginning of this month. Two of the three hires are in New York, where Anthony Rotondi has joined the litigation practice from Milbank Tweed Hadley & McCloy, while Theresa Gillis has joined from Jones Day to launch an IP practice. Both were partners at their previous firms.
1 minute read

International Edition

Central and Eastern Europe: Centre of attention

Law firms that invested in Central and Eastern Europe soon after the fall of the Iron Curtain are enjoying the region's enduring economic boom and seeking shelter from the London gloom. Dominic Carman speaks to partners across the region, from Vienna to Kiev
13 minute read

International Edition

Central and Eastern Europe: Kicked into shape

Infrastructure projects in Poland face significant challenges thanks to the legal framework in force and the difficulties in its application. Obstacles to land acquisition, drawn-out proceedings for the expropriation or division of land, extended administrative procedures and a lack of transparency in the decision-making process are the main reasons listed by investors for low investment efficiency. Therefore, the prospect of Poland and Ukraine hosting the 2012 European Football Championships meant not only that Poland was able to undertake a tremendous construction programme to create sport and other public infrastructures, but also that it would need to adapt its legislation to enable these developments.
6 minute read

International Edition

Central and Eastern Europe: Building on firm foundations

After almost 100 years of common history with Serbia, Montenegro - the fledgling state on the Adriatic Coast - declared its independence in June 2006. However, foreign investments in real estate had already begun to flow into the state union of Serbia and Montenegro before it split into two separate countries. The increased demand for real estate - concentrated along the Montenegrin coast and in Serbian towns - is driving prices up. The constitutions of both Serbia and Montenegro formally enshrined the principle of the free purchase of property in Serbia and Montenegro. In both countries, it is possible to acquire ownership in real estate and parts of real estate as well as in buildings and parts of buildings - insofar as these are entered into the Land Registry as independent entities. Ownership in a single floor of a building is also possible.
6 minute read

International Edition

Central and Eastern Europe: A fresh start

Ukraine's legal framework has seen huge change of late, thanks to the country's accession to the World Trade Organisation. Boris Lobovyk reports
7 minute read

International Edition

Central and Eastern Europe: Give and take

The Czech Republic has recently introduced a new law on takeovers. Lucia Zubekova looks at the significance of the changes for Czech and foreign businesses
5 minute read

International Edition

Central and Eastern Europe: Third-party powers

Romania's Supreme Court has come under fire for a recent decision on mortgage agreements. Bogdan George Bibicu and Catalin Georgescu look at this recent change in the law and how it is affecting secured transactions in Romania
6 minute read

International Edition

Central and Eastern Europe: Venture scouts

Hungary has received a multibillion-euro funding injection for its venture capital and private equity market, aimed at financing small and medium-sized enterprises. Judit Budai and Gyorgy Wellman report
6 minute read

International Edition

Central and Eastern Europe: A new entity

Cross-border mergers are now part of the Slovak legal landscape thanks to recent changes, says Michal Novotny
7 minute read

International Edition

View from here: High security

Apart from the compulsory implementation of some European Union (EU) directives in financial and securities markets, the most prominent legal news in commercial law during the past year in Spain has probably been the two main innovations in security legal devices, brought about by the Mortgage Market Law Reform 41/2007. Firstly, the global land mortgage was finally incorporated into the Spanish contractual set of techniques for securing financial debts. Secondly, the way has been opened for secured creditors to get perfection and validity of receivables pledges through the registration of such charges as non-possessory pledges in the Movable Assets Registry (new article 54 of the Movable Mortgage & Non-Possessory Pledge Law of 1954).
8 minute read

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