While rendering day-to-day corporate advice to various clients, we have noticed lately a trend specific to limited liability companies, which involves allowing the directors of the respective companies to delegate all their powers to another individual for certain operations, either via the Articles of Incorporation or by resolution of shareholders.

Dentons has advised Cero Generation – a Macquarie Asset Management portfolio company operating on a stand-alone basis – on the sale of its controlled Polish photovoltaic portfolio with a total capacity of 80 megawatts to GoldenPeaks Capital.

Tunca has advised AC Cimento on its acquisition of Tracim Cimento in Turkiye.

Allen & Overy has advised the shareholders including J&T Arch Investments and founder Ondrej Kania on their divestment of a majority stake in Consilium Europe to Dukes Education in a CZK 1 billion transaction.

Former Counsel Viktoria Szilagyi has been promoted to a Partner position with Lakatos Koves & Partners in Budapest.

On April 5, 2024, Wardynski & Partners announced that the Canpack Group's CP Glass's sale of its glass production business in Orzesze, Poland, to BA Glass (reported by CEE Legal Matters on December 12, 2023) had closed after having received merger control approval from the Polish competition authority.