On the evening of December 8, 2016, at the Hotel Bristol in Warsaw, CEE Legal Matters hosted the 2016 Expert Summit – our annual gathering of experts from across the region to discuss the state of affairs in CEE Legal Markets.
Chajec, Don-Siemion & Zyto has advised Capital Partners Investment Fund on a loan provided to IPOS S.A., a Polish provider of IT solutions. GSW Legal Grabarek, Szalc i Wspolnicy — a member of Grata International — advised iPOS on the deal. Proceeds from the loan are to be converted into the company’s share capital through the investor’s exercise of rights under subscription warrants.
A two-hour webinar, May 9, 2017, from 11am -1pm NYC time
SPCG has persuaded the Court of Appeal in Warsaw to deny the appeal by the President of the Office of Competition and Consumer Protection (UOKIK) of a lower court's ruling reversing his determination that T-Mobile Polska S.A. had participated in an agreement with three other telecommunication operators to restrict competition.
CMS has advised iCotton, a manufacturer of hygiene products in Eastern Europe, on its acquisition of a controlling 59.95% stake Harper Hygienics from Polish Enterprise Fund V, a private equity fund managed by Enterprise Investors. Gessel advised the sellers on the deal.
Hogan Lovells has advised Arcus Infrastructure Partners on the acquisition of an 85% stake in the Gdansk Transport Company S.A., a special purpose company set up in 1996 to pursue the DBFMO project for the northern section of the AmberOne A1 motorway concession in Poland. The acquisition was a multi-step transaction, involving Arcus's acquisition of NDI Autostrada sp. z o.o. (NDIA), which owns a 25.31% stake in GTC, from Grupa NDI and Transport Infrastructure Investment Company (TIIC). As part of the acquisition, NDIA also exercised its right of first refusal on A1 Invest AB Skanska’s 30% stake and on John Laing Infrastructure Limited's 29.7% interest in GTC, taking NDIA’s ownership in GTC to 85%, with Intertoll Europe retaining the residual 15% shareholding and remaining the operator of the A1 motorway. Norton Rose Fulbright advised Grupa NDI and TIIC, CMS advised John Liang, and DLA Piper advised Skanska.
CMS has advised Invesco Real Estate on the EUR 70 million purchase of Wawel Holding Sp z o.o., the company owning the Sheraton Grand Krakow Hotel. DZP advised Algonquin, a pan-European hotel investor and operator, on the transaction, which closed on February 28, 2017.