Former Rymarz Zdort Partner Marcin Chylinski has joined the Baker McKenzie Warsaw office as a Partner and Head of the firm's Equity Capital Markets practice as of April 1, 2022.
According to the CEE Legal Matters CEE By The Numbers report, between 2019 and 2021, Ukraine saw a large decrease in the number of ranked law firms and lawyers at ranked firms. While in 2019 the number of Ukrainian law firms ranked by Chambers & Partners and Legal 500 was 95, in 2021 the same number decreased to 69. Similarly, the number of ranked-firm lawyers decreased from 1,579 in 2019 to 1,338 in 2021. The decreasing trend is particularly visible in comparison to other CEE countries.
DLA Piper has advised PPF Real Estate on its acquisition of an 8,000 square-meter construction site plot in the Orhideea area of Bucharest from RC Europe. Baker McKenzie reportedly advised RC Europe.
Baker McKenzie Turkish affiliated firm Esin Attorney Partnership has advised Limak Investment on the sale of 100% shares of Ulug Enerji Dagitim ve Perakende Satis Hizmetleri to Actis Long Life Infrastructure Fund. Clifford Chance Turkish affiliated firm Ciftci Attorney Partnership advised Actis on the deal.
Baker McKenzie and DLA Piper have joined the plethora of firms announcing their exit from the Russian market.
CMS has advised the MOL Group on its sale of 185 service stations located in Hungary and Slovakia to PKN Orlen for a total of USD 259 million. Baker McKenzie advised PKN Orlen.
Back in 2007, the foundation for sustainable financing was set through the issuance of a green Climate Awareness Bond by the European Investment Bank. This was in part due to the increased awareness of climate change. By June 2022, Austria wants to issue its first Green Bond. Possible investments for the Green Bond are public transport and renewable energy. Aside from bonds, sustainable financing can be concluded in several other product forms, such as guarantee lines, as well as classic bank loans. The volume of sustainable syndicated bank loans reached EUR 200 billion for the first time, last year.