Schoenherr is reporting that, on September 30, 2016, Michael Lagler was elected as the new Managing Partner at the firm, where he will take over from Christoph Lindinger, who has led the Central and Eastern European law firm for the past 16 years. Lagler's term will begin at the start of the firm’s next fiscal year, on February 1, 2017.
Kochanski Zieba & Partners has advised Echo Polska Properties N.V. (EPP) — a leading fund operating as a REIT — and Echo Investment S.A., the largest Polish developer, on their joint agreement to buy a real property at ul. Towarowa 22 in Warsaw from Griffin Real Estate group, Poland’s leading real estate fund, and to jointly execute an investment project on the property. Echo Investment S.A. was represented by Weil Gotshal & Manges, while Griffin Real Estate was supported by Hogan Lovells.
Clifford Chance Warsaw has advised Bank Zachodni WBK S.A. (BZ WBK) and ING Bank Slaski S.A. (ING) on the financing of the acquisition of the Krosno S.A. glasswork in liquidation bankruptcy by Krosno Glass sp. z o.o., a Warsaw company set up by Coast2Coast Capital, an investment fund from the Republic of South Africa. Dentons advised Coast2Coast on the financing, with Deloitte Legal advising it on the actual M&A, valued at over EUR 27.5 million.
Schoenherr, working with the Swiss firm Bar & Karrer as lead counsel, is advising OVS S.p.A., a leading Italian clothing retailer, and Sempione Retail AG, in connection with Sempione Retail's cash tender offer for all publicly held bearer shares of Swiss company Charles Vogele Holding AG in Austria, Hungary, Slovenia, and Poland. The Swiss Homburger firm and investment bank Lazard advised Charles Vogele.
Chajec, Don-Siemion & Zyto has advised two funds managed by TFI Capital Partners S.A. (a subsidiary of Capital Partners S.A.) — CP Closed Investment Fund (with the CP Private Equity and CP Absolute Return sub-funds) and Capital Partners Investment I FIZ. — on assuming shares in Orbitvu Sp. z o.o. Werner & Partners advised the sellers on the deal.
Greenberg Traurig has advised Rockcastle Global Real Estate, a property company specializing in retail centers in Central and Eastern Europe, on the acquisition of Krakow’s Bonarka City Center from TriGranit (TPG). Dentons advised TriGranit on the transaction, which was valued at EUR 361 million, making it the largest single property transaction in Poland in 2016.
Crido Legal has advised the Plaza Centers Group on negotiating the debt restructuring documentation of a company from the group’s portfolio that owned the Zgorzelec Plaza Shopping Center, one step of which involved the sale of 100% of its shares in the shopping center to Equity House Sp. z o.o. Dentons advised Bank Zachodni WBK S.A. on the deal.
"My impression," says Marcin Aslanowicz, Partner at Wolf Theiss in Warsaw, "is that the Polish market is changing rapidly."