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33 New Articles

SPCG has won a dispute for Olesnica City in the Court of Appeal in Wroclaw against Krzysztof Gołab – an administrative receiver of TIWWAL sp. z o.o. w upadlosci likwidacyjnej (in liquidation bankruptcy) – involving contractual penalties imposed on Olesnica City for the alleged non-submission of the design documentation.

GESSEL has acted as counsel to NPN II, a private equity fund managed by Krokus PE, on its sale of a 100% stake in Comfort S.A. to an entity from the Golbeck Group. PwC Legal reportedly advised on the transaction, which still requires antitrust clearance from the Office of Competition and Consumer Protection.

Schoenherr has advised US asset manager KPS Capital Partners on its acquisition of DexKo Global's production facilities in Austria and Poland from private equity investment firm Sterling Group L.P. Harris Williams & Co. acted as special advisor to Sterling Group L.P.'s Board, and Willkie Farr & Gallagher acted as legal counsel on the acquisition, which closed on July 25, 2017. The financial terms of the transaction were not disclosed.

With ever-increasing spending on research and development and innovation, patents and patent applications are becoming an increasingly important part of business throughout the world, including Poland. Patentable inventions as well as confidential technological know-how now constitute key assets of numerous businesses operating across all sectors of the Polish market. 

Magnusson has advised Vastint, the real estate arm of Inter IKEA Group, on its agreement with Credit Agricole to lease office space in the Wroclaw Business Garden.

WKB has advised OGP Gaz-System SA on its contractor selection procedure and the conclusion of an agreement with Ramboll Danmark A/S, the contractor responsible for carrying out analytical, research, and design work necessary to obtain permits for the construction of the Baltic Pipe. The agreement was signed on August 3, 2017.

CMS has advised REICO, the manager of the largest and oldest Czech open-ended real estate fund, on the purchase of the Proximo I office building in Warsaw from Proximo I sp. z o.o. Sp. K., part of the Hines Russia & Poland fund. In addition to CMS, REICO was advised by international advisory firms CBRE, TPA, and DIL, while the seller was represented by Cushman & Wakefield, Crido, and Dentons.

DZP is reporting that it is part of a consortium with Mott MacDonald and Crido Taxand which has agreed to provide legal, economic, financial, and technical assistance to Poland's Ministry of Development and the City of Krakow for the implementation of a public-private partnership project titled "Building, Maintenance and Management of the Investor Assistance Center (Krakow) in Krakow."

Hogan Lovells has advised mBank Hipoteczny S.A. on establishing a mortgage-covered bonds program up to the maximum total nominal value of EUR 3 billion (or the equivalent in another currency). White & Case was the counsel for both program arranger and dealer Commerzbank AG and other dealers, which include Erste Group Bank AG, J.P. Morgan Landesbank Baden-Wurttemberg, and Societe Generale Corporate & Investment Banking. The program instituted by mBank Hipoteczny S.A. is the second international program for the issuance of covered bonds established by a Polish mortgage bank.

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