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Domanski Zakrzewski Palinka Helps Polskie Linie Lotnicze LOT Obtain EU Approval for State Aid

Domanski Zakrzewski Palinka Helps Polskie Linie Lotnicze LOT Obtain EU Approval for State Aid

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Domanski Zakrzewski Palinka has helped Polskie Linie Lotnicze LOT S.A. obtain a positive European Commission decision approving state aid of PLN 2.9 billion. The EC found the aid aimed at mitigating the adverse effects of the COVID-19 pandemic compliant with EU rules.

According to DZP, “in the near future, PLL LOT will be recapitalized by the State Treasury to the tune of approximately PLN 1.1 billion, while PFR SA will grant it a loan of PLN 1.8 billion.”

DZP’s team included Partners Anna Glapa, Marcin Krakowiak, Magdalena Skowronska, and Marek Swiatkowski, Senior Associates Aneta Wloszek and Tomasz Zielenkiewicz, and Associates Katarzyna Biarda and Joanna Fasula.

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Penteris is a law firm combining in-depth expertise, robust advice, and a pan-regional reach.

We provide full-service business law advice within five sector lines: Energy & natural resources, Financial institutions, Private equity, Real estate, and Retail.

On the market since 2001, we were originally part of a Scandinavian law firm and then a founding office of a pan-Baltic organisation.

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The team continues to be internationally recognised year on year, most recently by Chambers Global 2020, Chambers Europe 2020, and The Legal 500 EMEA 2020.

Firm's website: https://penteris.com

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