30
Tue, May
22 New Articles

Jara Drapala & Partners is reporting that it has successfully reached a settlement on behalf of Alpine Bau Deutschland AG in a lawsuit brought by the company as part of a consortium of contractors in 2014 against the Polish State Treasury for damages related to the consortium's construction of the National Stadium in Warsaw. In its initial claim, Alpine Bau demanded PLN 139 million in damages and remuneration. Linklaters advised the Polish State Treasury in negotiations, with CMS advising Zurich Insurance.

Noerr has announced today that a team of 11 lawyers from Polish firm DJBW will join its Warsaw office effective January 1, 2017. Of the five Partners in DJBW, four — Witold Danilowicz, Witold Jurcewicz, Radoslaw Biedecki, and Ludomir Biedecki — will move to Noerr. 

Clifford Chance has advised Wydawnictwa Szkolne i Pedagogiczne S.A. on syndicated refinancing of up to PLN 410 million organized by ING Bank Slaski S.A., Bank BGZ BNP Paribas S.A., Bank Handlowy w Warszawie S.A., Bank Zachodni WBK S.A., and Raiffeisen Polbank S.A. Allen & Overy advised the banks on the transaction, which involved the repayment of their bilateral credit facilities and the redemption of bonds listed in the ATS, as well as ensuring acquisition and revolving financing for the company.

Kubas Kos Galkowski has announced that lawyers Grzegorz Pobożniak, Pawel Sikora, Agnieszka Trzaska, Wojciech Wandzel, and Julita Zawadzka joined the firm's partnership on October 28, 2016.

Domanski Zakrzewski Palinka has provided Polish law advice to the Swiss company SSE Holding Ltd. in its acquisition of civil enterprises belonging to Orica Limited located in Germany, Poland, Czech Republic, and Slovakia. DZP reports that it cooperated with law firms in Switzerland, Germany, the Czech Republic, and Slovakia.

Domanski Zakrzewski Palinka is advising Toyota on its announced plan to carry out two new investments in Poland: producing gear boxes for hybrid vehicles in a plant in Walbrzych and producing a new generation of petrol engines in a plant at Jelcz-Laskowice. The total investment value is approximately PLN 650 million.

Clifford Chance's Warsaw office has advised the IK Investments fund on the preliminary agreement for the sale of the Axtone Group to the ITT Corporation. The value of the transaction was more than EUR 100 million. Willkie Farr & Gallagher LLP in Frankfurt, and Soltysinski Kawecki Szlezak (SK&S) in Warsaw advised ITT on the deal.

Clifford Chance has advised Arctic Paper S.A. and its subsidiaries in Poland and Sweden on the comprehensive refinancing of their indebtedness. The group's existing indebtedness to BZWBK, Pekao SA, and mBank (the "Original Lenders") in Poland was refinanced with the aid of a combination of credit facilities and bonds. The facilities were granted by a consortium consisting of Bank Zachodni WBK S.A., Bank BGZ BNP Paribas S.A., and the EBRD -- all advised by Linklaters, as were the Original Lenders -- while the bond issue was organized by Haitong Bank, which was advised by Dentons.

Poland Knowledge Partner

Established in 1957, Wolf Theiss is one of the leading European law firms in Central, Eastern and South-Eastern Europe with a focus on international business law. With 300 lawyers in 13 offices located in Albania, Austria, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Hungary, Poland, Romania, Serbia, Slovakia, Slovenia and Ukraine, Wolf Theiss represents local and international industrial, trade and service companies, as well as banks and insurance companies. Combining law and business, Wolf Theiss develops comprehensive and constructive solutions on the basis of legal, fiscal and business know-how.

All News about, and Legal Analysis by, Wolf Theiss can be found here.

Firm's website: http://www.wolftheiss.com/

 

Our Latest Issue