Only a few years ago, Europe faced a major upheaval to the international economy with Brexit, i.e. the exit of the United Kingdom from the European Union. This event, like the war in Ukraine or the COVID-19 pandemic, has had significant consequences for the global economy, affecting the quality of our daily lives.
Closing: PKN Orlen and Grupa Lotos Merger Now Closed
On August 3, 2022, SMM Legal announced that the merger between PKN Orlen and Grupa Lotos (initially reported by CEE Legal Matters on May 23, 2018) had closed.
Linklaters and DWF Advise on Iberdrola's Acquisition of Wind and Solar Projects in Poland
Linklaters has advised Iberdrola on acquiring a 98-megawatt portfolio of wind and solar projects in Poland from Augusta Energy. DWF advised Augusta Energy, a joint venture between GreenVolt subsidiary V-ridium Power Group and KGAL.
Rymarz Zdort Advises Bank Millennium on Consolidating Brokerage Business into Capital Group
Rymarz Zdort has advised Bank Millennium on the consolidation of its brokerage business into the capital group and represented the bank before the Polish Financial Supervision Authority for the extension of its brokerage license.
Greenberg Traurig Advises JV on Sale of 7R City Flex Warsaw Airport I
Greenberg Traurig has advised JV partners 7R, MFC Real Estate, and DIL Polska Baumanagement on the sale of the 7R City Flex Warsaw Airport I logistics complex to Macquarie Asset Management.
Pawel Cholewinski to Head Transactional Practices Group at Kochanski & Partners
Pawel Cholewinski has been appointed as the Partner in charge of Kochanski & Partners’ Transactional Practices group.
Agnieszka Dziegielewska-Jonczyk Joins Nordea as General Counsel
Former Skanska Central Europe General Counsel Agnieszka Dziegielewska-Jonczyk has joined Nordea as its General Counsel, Poland.
The European Union at War With Disinformation
Functioning in an information society generates a number of challenges that both economic operators and private citizens must face. The foundation of a healthy system relies on the ability to sift true information from false, which today is becoming increasingly difficult in an increasingly complex and technological world.
Amendments to the Commercial Companies Code – the Business Judgment Rule and the Interest of a Group of Companies
On 13 October 2022, the Act amending the Commercial Companies Code and certain other acts (“Act”) will come into force. Companies, especially those operating under a management agreement between a parent company and a subsidiary, will have to reorganise their structures to some extent in order to comply with the new regulations.
Deal 5: Knacks CEO Dawid Szymanski on Sale of Majority Stake to RightBridge Ventures
On March 1, 2022, CEE Legal Matters reported that KWKR Konieczny Wierzbicki had advised Knacks's owners on their sale of a majority stake in the company to RightBridge Ventures. CEE In-House Matters spoke with Dawid Szymanski, CEO at Knacks, to learn more about the sale.
Taylor Wessing Advises MLP Group on Bond Issuance
Taylor Wessing has advised the MLP Group on a public bond offering and listing on the Catalyst alternative trading system. Pekao Investment Banking was the issuing agent.
Marcin Czarnecki Joins PayU as Chief Privacy Officer
Former Naspers and Prosus Group Senior Privacy Counsel Marcin Czarnecki has joined PayU in Poland as the company's Chief Privacy Officer.
Greenberg Traurig and Deloitte Legal Advise on Stock Spirits' Acquisition of Polmos Bielsko-Biala
Greenberg Traurig has advised the Stock Spirits Group on the acquisition of Polmos Bielsko-Biala. Deloitte Legal advised Polmos Bielsko-Biala on the deal.
Poland: ESG Reporting and Sustainable Investment
Although the term ESG (Environmental, Social, and Governance) has been around for years, its full application is still quite daunting. Companies face the challenge of integrating ESG values into their strategy, operations, and decision-making processes in order to respond to the increasingly influential voice of stakeholders: citizens, consumers, NGOs, governments, and investors.
Gessel Helps Synthos Green Energy Obtain Clearance for Nuclear Energy International Joint Venture
Gessel has helped Synthos Green Energy obtain regulatory clearance from the President of the Office of Competition and Consumer Protection for the establishment of the Nuclear Energy International LLC joint venture with GE-Hitachi.
CEE Legal Matters Round Table on ESG: Finance Goes Green
On July 12, four leading lawyers from Croatia, Lithuania, Poland, and Romania sat down for a virtual round table moderated by CEE Legal Matters Managing Editor Radu Cotarcea to discuss the latest in ESG developments with a focus on green financing, its regional and local drivers and roadblocks, its impact on non-financial reporting, and what it all means for the legal profession.
MFW Fialek Advises Develia on Joint Venture with The Heart
MFW Fialek has advised Develia on forming a joint venture with corporate venture-builder company The Heart to develop a flat rental management platform. Solo practitioner Jakub Koziol advised The Heart.
SSW Pragmatic Solutions Advises Kom-Eko Group on Acquisition of Asbestos Landfill Site
SSW Pragmatic Solutions has advised Kom-Eko subsidiary Eko-Azbest on the acquisition of an asbestos landfill site from Srodowisko i Innowacje – Skladowisko, previously spun off from Srodowisko i Innowacje. Reportedly, Viroux and Partners advised the sellers.