East Legal Team

Different legal environments. One approach. One practice.

East Legal Team – European Economic Interest Grouping (ELT) is an alliance of independent law firms from the Central and Eastern European region with the main purpose of providing their clients a wealth of advantages arising from our interdisciplinary professional cooperation, as well as from their ability to provide unified services at regional level.

East Legal Team EEIG was established in March 2008 by founding members Balazs & Hollo Law Firm and Stratula Mocanu & Asociatii and is subject to the provisions of Council Regulation (EEC) No 2137/85 of 25 July 1985 on the European Economic Interest Grouping. Over the years, new law firms have become part of our alliance, and since 2014 ELT has its seat in Bucharest, Romania. It covers an area of the following Central and Eastern European countries:

  • Albania
  • Austria (observer)
  • Belarus
  • Bosnia-Herzegovina
  • Bulgaria (founding member)
  • Croatia
  • Cyprus (founding member)
  • Czech Republic
  • Greece
  • Hungary (founding member)
  • Macedonia
  • Moldova
  • Montenegro
  • Poland (founding member)
  • Romania (founding member)
  • Russian Federation
  • Serbia
  • Slovakia
  • Slovenia (founding member)
  • Turkey
  • Ukraine

In addition to the directly covered countries by its Statutes, ELT also welcomes any law firms who want to join us as associate members or observers and who share our values and principles and want to be professionally active in the ELT’s region, be it from Europe, the USA, or from any other corner of the world. Our current observers come from Austria and Italy.

All current ELT members are business law firms with a remarkable reputation in their countries of origin, sharing not only sound ethical values and principles but also a rich, business oriented legal practice as their main business card.

ELT aims to provide at an international level the same top quality and integrated legal services each of the members offers in its home jurisdiction, both to international clients who seek to enter the region, as well to those who want to expand their already existent business to more than one country in this area.

On a business market under continuous expansion and intensification, mainly due to the accession to the European Union of the countries in the region, ELT aims to reconcile the paradox most investors face when, although they act on highly similar business markets, they are at the same time subject to considerably differentiated legal systems.

Thanks to the cohesion and unified practice among the ELT members, our clients are kept safe from the many encumbrances usually faced when entering a new market, thus being able to better and more profitably pursue their business pursuits.


News

  • Slovenia: Punitive Damages in Civil Law October 2014
    Punitive damages have penal element in civil law which is not common in European practice. Punitive damages are well known in some countries in the USA, although the punitive damages originally derive from England (1763). Usually courts that acknowledge punitive damages award actual damages and special (punitive) damages which are usually much higher than actual damages.
  • Poland: Payment for Supplies or Subcontracting in a Public Tender October 2014
    As shown by recent experience, implementation of public works may be accompanied by financial difficulties of the general contractor, which has a knock-on effect on subcontractors and suppliers and their liquidity. Despite performing the work or delivering the goods under the contract, they may not be paid. This raises the issue of who is liable for the lack of payment.
  • Romania: Unfair Commercial Practices – an Analysis October 2014
    The regulations regarding unfair commercial practices have been tightened up. In a difficult economic period, characterized as one of crisis, the survival on the market has become, for many merchants, a purpose and for its achievement they are willing to put in the fight any means, even some less “orthodox”.
  • Hungary: The Liability of Managers and The New Civil Code October 2014
    The new Civil Code which entered into force on 15 March 2014 introduces substantial changes into the liability rules applicable to the senior managers of business organisations. According to the new rule, senior managers shall have joint and several liability with their companies for damage caused to external parties in relation to their office.
  • Cyprus: Legal Issues on Online Pornography October 2014
    The term “pornography” is not to be found in any Cyprus legislative context and is never used or analysed as a legal term in any legal paper. The only Law of the Republic that deals with pornography and related matters (obscene articles) is the Publication of Obscene Articles Law L.35/1963
  • The annual meeting of the East Legal Team EEIG members May 2014
    The 2014 annual East Legal Team – European Economic Interest Grouping (“ELT”) conference took place on May 24th in Sofia, Bulgaria. This year the event was organized by the Bulgarian ELT member, PP&Z Law, and was hosted by Arena di Serdica Hotel.