The Measures and Actions in State of Emergency Act (“Act”) enters into force retroactively as of 13.03.2020 and shall apply until lifting of the state of emergency. Certain provisions shall apply as of the date of publication of the Act.
In view of the public health emergency caused by the COVID-19 outbreak the Bulgarian Parliament declared state of emergency on Friday, 13 March and the Bulgarian Minister of Health introduced a number of anti-epidemic emergency rules with effect until 29th of March.
CERHA HEMPEL has advised stock exchange listed CA Immobilien Anlagen AG ("CA Immo") on its EUR 500 million benchmark bond issue. The bond issue was combined with a liability management transaction.
CERHA HEMPEL has advised the European Bank for Reconstruction and Development (EBRD), London, on the conversion of an indirect participation into a direct participation in the listed Addiko Bank AG.
CERHA HEMPEL has advised EnBW Trust e.V. ("EnBW Trust") and EnBW Energie Baden-Württemberg AG ("EnBW") on the sale of a 28.35% stake in EVN AG that was held in trust for EnBW by the EnBW Trust.
The antitrust team at CERHA HEMPEL advised on the establishment of a joint venture between KTM AG and the owners of the Spanish engine manufacturer GasGas Motorcycles S.L.
On Monday 17 February 2020, CERHA HEMPEL and Verlag Österreich invited guests to the launch of "Verdeckte Gewinnausschüttung" (Covert Distribution of Profits), a new handbook edited by CERHA HEMPEL partner Mag. Heinrich Foglar-Deinhardstein, LL.M.
At this year's Client Choice Awards, Mag. Mark Krenn once again won an award in recognition of his fantastic achievements in the area of real estate in Austria.