The year 2022 will not be remembered fondly in the cryptocurrency market. The progressive decline in the value of coins, the problems of the FTX exchange and the collapse of trust are all raising questions about the future of crypto. Can regulating the crypto-asset market be a panacea for the market’s ills?
Dentons Advises Helaba on Accolade Polish Warehouse Portfolio Refinancing
Dentons has advised Helaba Landesbank Hessen-Thueringen on its EUR 129 million refinancing of five Accolade warehouse parks in Poland. Allen & Overy reportedly advised Accolade.
Forms of Promotional Activities Covered by the Polish Medical Device Act
The Polish Medical Devices Act of 7 April 2022 (the MDA) does not provide a definition of medical device advertising or criteria that could allow a clear assessment of whether an activity is advertising and what requirements it should meet.
Robert Wodzynski and Tomasz Kwasniewski Make Partner at SSW Pragmatic Solutions
Former Counsels Robert Wodzynski and Tomasz Kwasniewski have been appointed as Partners with SSW Pragmatic Solutions.
GNZ Legal Advises Aerotunel on Acquisition of Two PV Projects from Arenella
Gorzelnik Nentwig Ziebinski has advised Aerotunel on its acquisition of two utility-scale solar energy projects in Poland from developer Arenella.
JDP Launches Energy and Renewables Practice Helmed by New Arrival Michal Drozdowicz
JDP Drapala & Partners has announced the launch of its new Energy and Renewables practice in Warsaw with the arrival of Practice Head Michal Drozdowicz.
Oskar Waluskiewicz Joins DLA Piper as Partner and Head of Energy in Warsaw
Former DWF Partner Oskar Waluskiewicz has joined DLA Piper as a Partner and Head of the firm's Energy practice in Poland.
Klaudia Fratczak-Kospin and Piotr Grabarczyk Make Partner at WKB
Former Counsels Klaudia Fratczak-Kospin and Piotr Grabarczyk have been appointed as Partners with WKB.
Wardynski & Partners and GWW Legal Advise on Nouryon Acquisition of Adob Fertilizers
Wardynski & Partners, working with Morrison Foerster, has advised Nouryon Chemicals International on its acquisition of Adob Fertilizers. GWW Legal advised the seller.
Closing: Sale of Health Labs Care to Medvic Now Closed
On January 9, 2023, WKB announced that the sale of Health Labs Care to Medvic (reported by CEE Legal Matters on September 28, 2022) had closed following regulatory approval.
Shearman & Sterling Advises Elemental Holding on USD 290 Million Private Equity Placement with IFC, EBRD, and Polish Development Fund
Shearman & Sterling has advised Elemental Holding on a USD 290 million equity private placement and investment from the International Finance Corporation, EBRD, and Polish Development Fund.
Advertising Medical Devices to the Public in Poland
The Polish Medical Devices Act of 7 April 2022 (the MDA) imposes certain restrictions on the medical device advertising that is addressed to the general public. Such advertising activities must not be misleading (Article 7 of the MDR or the IVDR, and Article 55(3) of the MDA), but also must not:
Clifford Chance and Baker McKenzie Advise on Paged Group Refinancing
Clifford Chance has advised ING Bank Slaski, Bank Gospodarstwa Krajowego, and Alior Bank on a sustainability-linked corporate refinancing for the Paged Group. Baker McKenzie advised the borrowers.
GFKK Advises IAV on Entering Polish Market
GFKK Grzybczyk Kaminski Gawlik has advised German company IAV on entering the Polish market to operate as IAV Poland Spolka.
Marszalek & Partnerzy Advises Dom Development on PRS Sale and New Residential Development Contract
Marszalek & Partnerzy has advised Dom Development on its PLN 90 million sale of a property to an institutional investor in the private rental sector as well as the conclusion of a contract to build four residential buildings worth PLN 200.4 million.
CDZ Advises Centerscape Poland on Acquisition of Five Retail Parks
CDZ Chajec & Partners has advised Centerscape Poland on its acquisition of five retail parks located in Warsaw, Lodz, Bydgoszcz, Jablonna, and Lewin Brzeski with a total retail area of 10,000 square meters.
Prohibition of Misleading Advertising of Medical Devices Under EU and Polish Law
The EU regulations (Regulations 2017/745 on medical devices (the MDR) and 2017/746 on in vitro diagnostic medical devices (the IVDR)), introduced a prohibition of misleading advertising of medical devices.
Agnieszka Wiercinska-Kruzewska and Aleksander Stawicki New Managing Partners of WKB
WKB Partners Agnieszka Wiercinska-Kruzewska and Aleksander Stawicki have been appointed as the new Managing Partners of WKB, taking over the role from Partner Jerzy Baehr.