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Clifford Chance Poland Participates in Creation of Polish Law Governed Facilities Agreement

Clifford Chance Poland Participates in Creation of Polish Law Governed Facilities Agreement

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Clifford Chance is reporting that it was "heavily represented" on the working group of the Polish Bank Association, which, on November 16, 2016, after almost four years of work, launched an LMA (Loan Market Association)-based recommended form Polish law governed facilities agreement in a Polish language version.

According to Clifford Chance, "this form does not have the status of an LMA document, but it has been developed with the LMA's consent. It is the most faithful transposition of an LMA facility agreement into the Polish language and into Polish law to date. "

Clifford Chance Partner Grzegorz Namiotkiewicz and Of Counsel Jan Zdzienicki edited the document and advised on Polish law issues and Counsel Rafal Zakrzewski provided advice on English law matters. 

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