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48 New Articles

On September 11, 2023, Deloitte Legal announced that Stock Spirits' acquisition of Polmos Bielsko-Biala (reported by CEE Legal Matters on August 2, 2022) had closed at the end of August, when the Stock Spirits group – through its Polish subsidiary Stock Polska – took control over Polmos Bielsko-Biala.

Wardynski & Partners, working with Goodwin Procter, has advised TA Associates and Warburg Pincus on their acquisition of a majority stake in the Epassi Group from Bregal Milestone. Vinge and Krogerus advised TA Associates on Swedish and Finnish matters, respectively.

Wolf Theiss has advised Latvian private equity fund INVL Baltic Sea Growth Fund and its portfolio company Eco Baltia on the acquisition of a 70% stake in Polish PVC recycler Metal-Plast. Ozog Tomczykowski advised the target's shareholders on the sale. Sorainen reportedly advised INVL and Eco Baltia as well.

Gift cards have become more and more popular. They are bought as presents and some shops have a return policy where items bought physically can be exchanged only for a gift card of the equivalent amount. Are gift cards therefore to be regarded as money in Poland? If so, are the issuers required to obtain authorisation as a payment or electronic money institution?

Allen & Overy has advised MS Galleon on its EUR 440 million investment loan facility from Bank Gospodarstwa Krajowego and the related Barlinek company on a EUR 100 million general loan facility provided by BGK, Bank Pekao, and PKO Bank Polski. Norton Rose Fulbright reportedly advised the banks.

During the Three Seas Initiative annual general meeting in Bucharest in September 2023, Austria's Dorda, Bulgaria's Boyanov & Co., Croatia's Divjak Topic Bahtijarevic & Krka, the Czech Republic's Kocian Solc Balastik, Estonia's Ellex Raidla, Hungary's Lakatos Koves & Partners, Latvia's Ellex Klavins, Lithuania's Ellex Valiunas, Poland's Wardynski and Partners, Romania's Nestor Nestor Diculescu Kingston Petersen, Slovakia's Barger Prekop, and Slovenia's Selih & Partnerji announced they formed the Three Seas Legal Alliance, in recognition of the progress made by the Three Seas Initiative.

Former Alto Partner Piotr Orczykowski has joined DZP Domanski Zakrzewski Palinka as a Partner alongside a five-person team.

Allen & Overy announced that Dan Cocker has retired from the firm in August 2023, after spending more than 20 years with the team.