BOYANOV & Co. Advised Ceska Sporitelna on Refinancing of Aricoma Group’s Loan for Musala Soft AD Acquisition

BOYANOV & Co. advised Česká spořitelna and a syndicate of banks on the refinancing of Aricoma Group’s loan from 2022, which supported the acquisition of Musala Soft.

The ARICOMA Group, a top IT service provider in Central Europe, has a strong presence in Scandinavia and serves over 1,000 clients in 18 markets.

Their team was led by partner Damian Simeonov and also included principal associate Ralitsa Nedkova and associate Dimitar Mihaylov.

Read the full article here.

New Data Protection regulations enter into force in Switzerland

A new set of data protection regulations entered into force in Switzerland in September 2023.

The new provisions will increase transparency and strengthen the rights of the data subjects and ensure continued compatibility of the Swiss data protection rules with the GDPR (the EU General Data Protection Regulations), which is regarded as “the” reference in data protection laws. There are still, however, some specificities.

As for the GDPR, the new regulations are applicable as soon as data on individuals residing in Switzerland are collected and processed making the new laws more far reaching than the previous rules.

The changes may be of particular importance for the employers.

Read the articles here:

New Data Protection Law to enter into force

New Data Protection Act – Highlights for employers

TroyGould Announces Two Attorneys Included in The Best Lawyers in America

TroyGould, a nationally recognized business and securities law firm, are delighted that two of its attorneys Christopher R. Lilly and David L. Ficksman were included in the 30th edition of The Best Lawyers in America®  signifying excellence in practice. 2024 marks the fourth consecutive year that both attorneys have been recognized in this prestigious industry publication.

Mr. Lilly has been selected for his superior work in Litigation – Labor and Employment Law. He is a trial lawyer with extensive experience in employment, securities and finance, and entertainment, as well as appellate matters. He is also chair of the firm’s Recruiting Committee.

Mr. Ficksman has been recognized for exceptional work in Securities / Capital Markets Law. His practice focuses on securities, corporate governance, mergers and acquisitions, and corporate finance. He also assists clients in preparing for and responding to investigations and litigation.

“We are so honored to have such reputable attorneys on our team servicing our clients,” said Aaron Bloom, Managing Member of TroyGould. “Peer recognitions such as these are highly regarded in our industry, and we couldn’t be more proud of Chris and David for their accomplishments and dedication to their profession and clientele. After more than fifty years, it’s team members like these that allow us to solidify our reputation.”

Best Lawyers has been regarded by lawyers and the public for more than 40 years as the most credible measure of legal integrity and distinction in the United States. Inclusion in The Best Lawyers in America® is based on a comprehensive peer-review survey, which this year, comprised of almost 25,000 voter respondents. The full list for 2024 Edition of The Best Lawyers in America® can be found here.