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SK&S and Wardynski & Partners Advise on JP Morgan’s Consolidation of EU Credit Operations

SK&S and Wardynski & Partners Advise on JP Morgan’s Consolidation of EU Credit Operations

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Soltysinski Kawecki & Szlezak and Wardynski & Partners, working with Freshfields Bruckhaus Deringer, have advised JP Morgan on Polish law-related aspects of the consolidation of its existing EU credit institutions into one legal entity, JP Morgan SE (JPMSE). Kyriakides Georgopoulos, Matheson, Arendt & Medernach, Kromann Reumert, Wiersholm Law Firm, and Vinge reportedly also advised JPM.

The move remains contingent on regulatory approval.

According to JP Morgan, "the consolidation of the firm’s existing EU legal entity structure into JPMSE has been executed through a merger of JP Morgan Bank Luxembourg and JP Morgan Bank (Ireland) into the German entity – JP Morgan AG. Following that process, JP Morgan AG has been converted into a 'Societas Europaea,' a European public company."

JPMorgan Chase & Co is a US-based financial services firm with worldwide operations. The company specializes in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management.

The SK&S team, advising on Polish law corporate and regulatory aspects of the reorganization, was led by Partner Marcin Olechowski and included Partner Wojciech Iwanski and Senior Counsel Anna Kratiuk.

The Wardynski & Partners team, advising on the election of SE Work Council members in Polish companies, included Partner Szymon Kubiak and Senior Associate Marcin Wujczyk.

Freshfields fielded teams in Brussels, Madrid, Milan, New York, London, and Paris.