Rymarz Zdort Maruta has advised the bankruptcy trustee of Getin Noble Bank on the sale of Noble Securities to Skarbiec Holding.
Noble Securities is one of the first non-bank brokerage houses on the Polish capital market, having commenced operations in 1994.
Skarbiec Holding is the parent of Skarbiec Towarzystwo Funduszy Inwestycyjnych, a company engaged in the management of investment funds and management services for portfolios of financial instruments on a contract basis.
According to Rymarz Zdort Maruta, the closing of the transaction is subject to "obtaining clearance from the President of the Polish Antimonopoly Office and the Polish Financial Supervision Authority, as well as the bankruptcy trustee obtaining consent to the sale from the relevant bankruptcy authority – a judge-commissioner. The proceeds from the sale will go to the creditors of the bankrupt bank. It will be possible to determine the final sale price of the shares after the annual general meeting of Noble Securities approves its financial statements for 2024 and adopts a resolution on the distribution of profit."
Earlier this year, Rymarz Zdort Maruta advised on the sale of Noble Funds TFI to VeloBank (as reported by CEE Legal Matters on October 31, 2024).
The Rymarz Zdort Maruta team included Partners Filip Lesniak, Katarzyna Lukaszewicz, Lukasz Gasinski, and Zbigniew Okon, Counsel Piotr Zawacki, and Senior Associates Diana Sofu, Lukasz Karasek, Mateusz Palian, and Tomasz Kordala.
Rymarz Zdort Maruta did not respond to our inquiry on the matter.
Editor's Note: After this article was published, CEE Legal Matters learned that Act Legal Poland advised Skarbiec Holding. The firm's team included Managing Partner Piotr Wojnar, Senior Associates Lukasz Swiatek and Katarzyna Krzykwa, and Associate Hanna Szczepanska-Rowicka.
