On December 20, 2016, CEELM reported that Inter Cars, an importer and distributer of automotive spare parts in CEE, obtained a loan facility from a consortium of banks. Jacek Piotrowiak, the General Counsel at Inter Cars, kindly agreed to share his experience managing the legal aspects of the deal.
The Ukrainian and Polish offices of Wolf Theiss, working with Morgan Lewis, have advised Hong Kong-based Automated Systems Holdings Limited (ASL) in its merger with U.S.-based Grid Dynamics. The merger is expected to close in March 2017.
The Public Procurement Law Firm Robert Siwik (PPLFRS) has successfully represented a consortium of companies consisting of Mosty Gdansk and “Projmors” Biuro Projektow Budownictwa Morskiego in appeal proceedings before Poland's National Chamber of Appeals (NCA) concerning the award of a contract for project documentation for building a canal across the Vistula Spit by the Gdynia Maritime Authority.
Squire Patton Boggs has advised CEE consumer-focused private equity firm Resource Partners on its acquisition of a 70% stake in Polish cosmetics company Torf Corporation. Weil Gotshal & Manges advised selling Torf CEO Wojciech Piasecki and Director General Ryszard Guminski on the deal, which remains subject to standard regulatory approvals.
Clifford Chance's Prague office has advised CBRE Global Investors, a Fortune 500 real estate company with offices in more than 64 countries worldwide, on the sale of its high-quality retail portfolio in Central and Eastern Europe to CPI Property Group (CPI). Dentons advised CPI on the transaction, which is valued at over EUR 600 million and will see properties including 11 shopping centers change hands across the Czech Republic, Poland, Hungary, and Romania.