The real estate market is booming in Poland and other CEE countries, as it has been for the last several years. New investments are being made to develop commercial centers, office buildings, residential properties, and logistic centers.
Dentons has represented Generali on its acquisition of a 100% stake in Polish asset management company Union Investment TFI S.A. from Union Asset Management Holding AG. Weil, Gotshal & Manges advised the sellers on the transaction, which remains subject to approvals by regulatory and antitrust authorities in Poland and abroad.
Studnicki Pleszka Cwiakalski Gorski Limited Partnership has successfully represented the Tesco Poland retail chain in an arbitration dispute before the Court of Arbitration at the Confederation of Lewiatan. The dispute involved the admissibility of turnover-based bonuses by the retail chains of use in trade.
On October 2, 2018, the European Parliament approved the amendments to the Audiovisual Media Services Directive 2010/13/EU (AVMS Directive) and the Council’s approval is expected imminently. Twenty days after its publication in the Official Journal of the European Union, it shall enter into force, and the Member States will need to transpose it into their national legislation within 21 months, probably in mid 2020.
One year has passed since the Act on Counteracting the Unfair Use of Contractual Advantage in the Trade of Agricultural and Food Products entered into force. The act aimed to protect small farmers and grocery suppliers from the abuse of power by large supermarkets and chain stores. During the past year, the Office for Competition and Consumer Protection (OCCP):