DLA Piper has advised Allianz and ING on a EUR 160 million syndicated loan for the financing of a portfolio of industrial properties owned by CTP, a commercial real estate developer and manager in the Czech Republic.
Hogan Lovells has advised arrangers and joint lead managers Credit Agricole Corporate & Investment Bank and StormHarbour Securities LLP on the securitization of a portfolio of lease receivables worth PLN 2.2 billion, originated by Europejski Fundusz Leasingowy S.A., a Polish leasing company owned by Credit Agricole S.A. DLA Piper was legal advisor of EFL S.A., and Clifford Chance advised the European Investment Bank and European Investment Fund.
DLA Piper has advised ADG group, a Russian urban developer, on the establishment of a joint venture with South Korea's CJ CGV, the fifth largest multiplex theatre company in the world. Freshfields Bruckhaus Deringer advised CJ CGV on the JV, in which the ADG Group holds a 30% stake with a registered capital of USD 30 million, and CJ CGV holds all the remaining shares.
DLA Piper is reporting that it acted as the official legal partner of a project that brings a Russian production of Peter Morgan's celebrated play The Audience to the stage.
DLA Piper has advised Service-Telecom, a participant in the telecoms tower infrastructure market in the Moscow Region, on the acquisition of a 100% stake in Link Development, a prominent telecoms tower company in Northwest Russia. Dentons advised the unidentified sellers on the deal.
DLA Piper has announced the establishment of a Brussels-based EU-Greek Practice.
CMS has advised Axel Johnson International, a privately owned Swedish industrial group that is part of Axel Johnson, a prominent Nordic trading group, on its acquisition of a majority stake in the IOW Group, which has a presence in Poland, Bulgaria, the Czech Republic, and the Baltic countries. The sellers were reportedly advised by DLA Piper.
DLA Piper has advised the FiveTen Group on its sale of Antal Russia, one of the largest recruitment companies in Russia and other CIS countries, back to the Antal International Group.
The Ukrainian office of DLA Piper, working together with global counsel Herzog Fox & Neeman, has advised Citi on its provision of financial advice to Aristocrat Leisure related to its USD 500 million acquisition of Plarium Global.
Czech lawyers, not known for ebullience, are nonetheless finding it hard to keep the smiles off their faces. After a decade of disappointment and struggle, if the Managing Partners at Czech firms are to be believed, the last remnants of the global financial crisis have dissipated and business is booming. As spring rolls through Central Europe, the sunshine is both meteorological and metaphoric. Prague is basking in the warmth.
Ranking services form a critical part of the law firm landscape in CEE as around the world, and law firm marketing and business development functions in the region spend many weeks or months each year preparing their submissions for those ranking services they believe are most widely read and influential. Still, not everybody is convinced the ranking services are as effective or valuable as they could be. Thus, for this issue, we asked the law firm marketing and BD experts around CEE: “What one change would you most like to see made to the law firm rankings to make them more useful/effective?”
DLA Piper has advised OTP Property Investment Fund on its acquisition of the West End Business Center office building in Budapest from an international investment consortium consisting of Wing, Morgan Stanley Real Estate Investing, and CC Real. The sellers were assisted by Baker McKenzie.