On September 22, 2023, the amendment to the Polish Code of Civil Procedure entered into force that significantly reinforces the protection of employees who benefit from special protections against dissolution of employment. As a result, an employer can no longer dismiss a specially protected employee until a final judgment is passed, which can, due to lengthy court proceedings, take several years.
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.
Greenberg Traurig Advises Valorem on Cooperation Agreement with T&T Proenergy
Greenberg Traurig has advised Valorem on its cooperation agreement with T&T Proenergy for the development of photovoltaic projects with a capacity of over 300 megawatts in Poland. GM Legal reportedly advised T&T Proenergy.
Dentons and CMS Advise on Heimstaden Poland Refinancing Two Residential Complexes in Warsaw
Dentons has advised Heimstaden on the refinancing of the acquisition of two residential complexes in Warsaw – Heimstaden Bokserska and Heimstaden Grzybowska – via a EUR 47.2 million loan from Santander Bank Polska. CMS advised Santander Bank.
SK&S Advises AniCura on Acquisition of Gliwice Veterinary Clinic
SK&S has advised AniCura on the acquisition of the Gliwcka Przychodnia Weterynaryjna veterinary clinic in Gliwice. Roedl & Partner reportedly advised AniCura as well.
Anna Hlebicka-Jozefowicz Makes Partner at DZP
Former DZP Senior Associate Anna Hlebicka-Jozefowicz has become a Partner and will lead the Regulatory, Legislation, and Compliance Advisory team at the firm.
Taylor Wessing and Zydek Pliszka Korcik Advise on Da Gama ASI Investment in Ready Bathroom
Taylor Wessing has advised Da Gama ASI on its investment in Ready Bathroom. Zydek Pliszka Korcik advised Ready Bathroom.
BCGL Advises Symfonia on eDokumenty and MoreBIT Acquisitions
Balicki Czekanski Gryglewski Lewczuk and, reportedly, Dotlaw have advised Symfonia on its full acquisition of eDokumenty and acquisition of a 51% stake in MoreBIT.
Norton Rose Fulbright and Greenberg Traurig Advise on PLN 800 Million Financing for Polsat Plus Wind Farm
Norton Rose Fulbright has advised a consortium including PKO Bank Polski, Bank Gospodarstwa Krajowego, mBank, and Santander Bank Polska on their PLN 800 million financing for the construction of a 72.6-megawatt wind farm. Greenberg Traurig advised the project's sponsor, the Polsat Plus Group.
White & Case and Baker McKenzie Advise on Bank Pekao’s EUR 500 Million Issuance of Green Bonds and EMTN Program
White & Case has advised dealers Bank Polska Kasa Opieki, BNP Paribas, BofA Securities Europe, Citigroup Global Markets Europe, and JP Morgan on the establishment of Bank Pekao's EUR 5 billion program for the issuance of medium-term eurobonds and first EUR 500 million issuance of 5.5% fixed-to-floating green bonds maturing in November 2027. Baker McKenzie advised Bank Pekao.
White & Case Advises SigmaRoc on Acquisition of CRH European Lime Business for Around EUR 1 Billion
White & Case has advised SigmaRoc on the acquisition of CRH's European lime businesses for a total deal value of approximately EUR 1 billion. SSW Pragmatic Solutions reportedly advised the lenders.
Rymarz Zdort Maruta and Gessel Advise on MCI Capital's Acquisition of Webcon
Rymarz Zdort Maruta has advised an MCI Capital fund on the acquisition of Webcon. Gessel advised the sellers.
MJH Advises Best Capital Fizan on EUR 4.2 Million Bond Issuance
MJH Moskwa Jarmul Halady has advised Best Capital Fizan on its EUR 4.2 million issuance of bonds maturing October 2027, to be listed on the Catalyst alternative trading system of the Warsaw Stock Exchange.
DWF Advises Enter Air on Joint Venture with TUI
DWF has advised Polish private airline Enter Air on the establishment of a joint venture with TUI to provide aircraft rental and charter flight services to commercial customers.
WKB and Gessel Advise on SAS Groupe Positive Acquisition of User.com
WKB Lawyers has advised SAS Groupe Positive on its acquisition of User.com. Gessel advised founder Grzegorz Warzecha and investor Vercom on the sale.
Schoenherr Scoops Up Seven-Partner Team in Poland
Schoenherr has announced it is expanding its Warsaw office with the addition of a team of 23 lawyers, including seven partners, as of February 2024. The move includes Partners Szymon Okon, Pawel Chyb, Ilona Fedurek, Tomasz Kwasniewski, Katarzyna Solarz, Katarzyna Szczudlik, and Marcin Czaprowski from SSW Pragmatic Solutions.
Wolf Theiss Advises INVL Baltic Sea Growth Fund and Eco Baltia on mBank Financing for Metal-Plast Purchase
Wolf Theiss has advised the INVL Baltic Sea Growth Fund and Eco Baltia on the financing from mBank for the acquisition of a 70% stake in the Polish PVC window recycler Metal-Plast.
DWF Advises Elawan Energy on Sale of 18-Megawatt PV Portfolio to R.Power
DWF has advised Elawan Energy on the sale of an 18-megawatt portfolio of photovoltaic projects in Poland to R.Power.