Dentons has advised sponsor Yevulei Shemesh Renewable Energy Group the PLN 335 million financing extended by mBank and the EBRD for the construction and operation of a 48-megawatt onshore wind farm in south-eastern Poland.
Did You Know: 2023 CEE Partner Leaderboards
Did you know that while only five lawyers worked on ten or more CEE client matters reported by CEE Legal Matters in 2022, a total of fourteen lawyers reached that level in 2023? The 2023 leaderboard was led by Milos Felgr of Clifford Chance in Prague, who worked on a remarkable 20 CEELM-reported client matters last year, with Alper Onar of Istanbul’s Aksan Law Firm, who worked on 19, close behind. Fellow Turk Kerem Turunc, the Managing Partner of Turunc, worked on 17 reported deals, while Djordje Nikolic of NKO Partners in Belgrade worked on 16, and Tomasz Rogalski of Norton Rose Fulbright in Warsaw worked on 15.
White & Case and Dentons Advise on EBRD Equity Investment in Pelion
White & Case has advised Pelion on a EUR 25 million equity investment from the European Bank for Reconstruction and Development through a capital increase. Dentons advised the EBRD.
Norton Rose Fulbright and Dentons Advise on Bank Polska Kasa Opieki Financing for Vaskol PV Portfolio
Norton Rose Fulbright has advised Bank Polska Kasa Opieki on providing financing for the construction of Vaskol's photovoltaics portfolio in Poland. Dentons advised Vaskol on the financing.
Poland: National e-Invoicing System – A Revolution for VAT Payers
The summer of 2024 will mark the starting point of a revolution for VAT payers in Poland. Following global and EU trends, Poland will introduce mandatory structured invoicing for B2B transactions.
Did You Know: 2023 International and Domestic Law Firm Leaderboards
It was another strong year for the leading law firms in Central and Eastern Europe, which, combined, worked on over a thousand deals and other client matters across the region reported on by CEE Legal Matters this year. According to the Activity Rankings function of the CEELMDirect website, Clifford Chance, which worked on an impressive 95 CEELM-reported CEE client matters in 2023, led the international firms in the region, with Schoenherr, which worked on 90, close behind. Dentons (82), CMS (71), Wolf Theiss (65), Cobalt (66), Kinstellar (50), White & Case (45), and Allen & Overy (42) took notable places on the leaderboard as well.
Competitiveness in European Union – Let Us Find the Holy Grail Again!
There is nothing new in fancying competitiveness. There is also little that one can meaningfully add to the dialogue. Yet, it is surprising how the subject of “Europe’s competitiveness” climbs up the ladder of timely discourses, and repeatedly does so; finds its way onto the list of “final novel plans”, “last grand projects”, or, for the matter of pure practicality, to agendas of the European Union’s presiding troika.
BASEAK Advises Laton Ventures on Investment in Sequel Games
Dentons Turkish affiliate Balcioglu Selcuk Ardiyok Keki has advised Laton Ventures on its investment in Sequel Games.
BASEAK Advises Revo Capital on Roamless Investment
Dentons Turkish affiliate Balcioglu Selcuk Ardiyok Keki has advised Revo Capital on its investment in Roamless.
Dentons, TGS Baltic, Walless, and Linklaters Advise on EIB and NIB Financing for Ignitis' Mazeikiai Wind Farm in Lithuania
Dentons and TGS Baltic have advised the European Investment Bank and Nordic Investment Bank on their EUR 64 million project financing for Ignitis Renewables to fund the Mazeikiai wind farm in Lithuania. Walless and Linklaters advised the Ignitis Group.
Turunc and Kutadgu & Arsin Advise on Brandefense Investment Round
Turunc has advised Gelecek Etki Fonu on its investment in Brandefense in a round that included Sabanci Ventures, AK Portfoy, the Technology Development Foundation of Turkiye, TechOne, and Finberg. Kutadgu & Arsin advised Brandefense. Reportedly, BASEAK and the Diamond Law Group advised Sabanci Ventures, while BTS advised the Technology Development Foundation of Turkiye.
LegalKraft and Dentons Advise on Vastint's Acquisition of Arkady Wroclawskie from Develia
LegalKraft has advised Vastint on its acquisition of the Arkady Wroclawskie building in Wroclaw from Develia. Dentons advised Develia.
BASEAK Advises 212 VC on Flow48 Investment
Balcioglu Selcuk Ardiyok Keki, working with the Paris office of Dentons, has advised 212 VC on its recent investment into Flow48.
BASEAK Advises on QNB Finansbank's Dual Currency Loan
Dentons and its Turkish affiliate Balcioglu Selcuk Ardiyok Keki have advised the lenders on QNB Finansbank's dual currency loan including USD 241.5 million and EUR 235.7 million.
Squire Patton Boggs Advises CEZ Group on Acquisition of Capacity at German LNG Regasification Terminal
Squire Patton Boggs has advised the CEZ Group on its long-term access agreement to an LNG regasification terminal to be constructed and operated by the Hanseatic Energy Hub in Stade, Germany. Dentons reportedly advised HEH.
Poland: Rethinking Defense
In the wake of Russia’s invasion of Ukraine in February 2022, Poland has found itself at the forefront of NATO’s eastern flank, sharing a border with a country embroiled in a full-scale war. DLA Piper Partner Marta Frackowiak and Dentons Partner Jaroslaw Witek talk about how this geopolitical reality has prompted a significant shift in Poland’s defense strategy.
Slovakia: Strengthening Whistleblower Protection
The Slovak Republic’s amendment to the Whistleblowers Protection Act widens the scope of protection, shortens deadlines, and increases fines for non-compliance. Most provisions took effect on July 1, 2023, with some coming in on September 1, 2023.
Dentons and CMS Advise on Modus Asset Management's EUR 58 Million Financing for 93-Megawatt PV Portfolio
Dentons has advised Modus Asset Management on obtaining EUR 58 million in debt financing from BNP Paribas Bank Polska and PKO Bank Polski to finance and refinance the acquisition of a 93-megawatt portfolio of photovoltaic projects in Poland. CMS advised BNP Paribas Bank Polska and PKO Bank Polski.