The Central and Eastern Europe (CEE) focused international firm Wolf Theiss has been involved in Kosovo for several years, having begun by advising the Kosovo Trust Agency (KTA) of the UN on various mandates including the conversion of Pristina's international airport into a joint stock company.The firm does not have an office in the country and often works in tandem with local firms; nevertheless it remains a significant part of the legal scene....
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The Central and Eastern Europe (CEE) focused international firm Wolf Theiss has been involved in Kosovo for several years, having begun by advising the Kosovo Trust Agency (KTA) of the UN on various mandates including the conversion of Pristina's international airport into a joint stock company.
The firm does not have an office in the country and often works in tandem with local firms; nevertheless it remains a significant part of the legal scene.
Leading the practice is Christian Mikosch who is based in Vienna. Other partners from the firm also deal in Kosovan matters but very much on a case-by-case basis. The team focuses on servicing its international client base as and when they have dealings in the country and has worked in the past with the Government in Pristina.
"I have a great relationship with Christian Mikosch and every time I have the opportunity I work with him," says one long-term client.
Another client adds that Mikosch is very good in what is a vital attribute for Kosovan lawyers, simply explaining the multi-fated legal system: "We were real satisfied with them. Kosovo is not always a straightforward legal environment and in this case we appreciated that Mikosch is really active in a pragmatic way meaning that he knows what the client wants and he tells you if this is possible or not."
Deals
One of the firm's largest mandates saw Christian Mikosch act for Kosovo's Ministry of Economic Development on the attempted privatisation of the post and telecoms provider Posta dhe Telekomunikacioni i Kosovës (PTK). The transaction is one of the largest privatisation processes to be undertaken since independence.
In the project finance space, Mikosch acted alongside Sven Hollmann for Kärntner Elektrizitäts (KELAG) in work related to the operation of the Lumbardhi hydropower plant. The main work, related to the assignment of a lease and power purchase agreement, was completed in 2009, but the firm has acted on subsequent restructurings.
The firm has also been involved in work related to Kosovo's local banking industry, advising Finance in Motion as the head of a lending consortium over the management of loans made to micro-finance institution the KEP Trust.
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