DZP is advising WGE Development on the restructuring of liabilities under ten bond series vis-a-vis 120 bondholders in accelerated arrangement proceedings. The case is being heard by the restructuring court in Warsaw.
Weinhold Legal has advised the Polish group ITAKA, the largest travel agency active on the Polish market, on its acquisition of CEDOK, the oldest Czech travel agency, active on the Czech market since 1920. The US-Turkish company Odien was reported to be the seller of CEDOK on the deal. The value of the transaction was not disclosed.
DJBW Danilowicz Jurcewicz Biedecki i Wspolnicy has advised Europoles Renewables GmbH, a member of the VTC Group from Munich, on its acquisition of 62.5% of shares of Bilfinger Mars Offshore Sp. z o.o. (BMO), which produces foundations for offshore wind turbines and other steel structures related to wind energy.
Hengeler Mueller was lead counsel to the Chicago-based Filtration Group on its acquisition of the industrial filtration business of the MAHLE Group with Wolf Theiss advising on Polish, Romanian, Hungarian, Austrian, and Czech law aspects of the transaction. Slaughter & May advised in the UK, Paul Hastings in United States, Fangda in China, Bredin Prat in France, and Mori Hamada in Japan.
Bierc Siwik & Partners is reporting success in its representation of Poland's PORR Polska Infrastructure in proceedings before Poland’s National Chamber of Appeals (KIO) against the Province Roads Authority Lodz in a dispute involving a public service contract for the expansion of provincial road no. 710 by constructing a bridge across the Warta river in the city of the same name.
Schoenherr, working alongside lead counsel Gleiss Lutz, has advised the New York private equity fund Lindsay Goldberg on its acquisition of the Schur Flexibles Group from Capiton AG and its management. Kirkland & Ellis advised sellers on the transaction, which remains subject to approval by the antitrust authorities. The purchase price was not disclosed.
Bierc Siwik & Partners has reported success in a claim it made before Poland’s National Chamber of Appeals (KIO) on behalf of Saferoad Grawil and Saferoad Kabex against the Poznan Division of the Polish General Directorate for National Roads and Motorways (GDRM) regarding a public tender for year-round, comprehensive maintenance in a segment of Poland's s11 motorway.
White & Case has advised Bank Zachodni WBK S.A., a member of Santander Group and one of the largest financial institutions in Poland, on indirect financing to guarantee the potential acquisition by the fund FCapital Dutch B.V. of up to 34.29 percent of the shares in AmRest Holdings SE. Soltysinski Kawecki & Szlezak advised FCapital Dutch on Polish matters.
There’s still a lot of discussion about the political climate and political upheaval in Poland, according to Wladek Rzycki, Partner at K&L Gates in Warsaw, but the concerns about the change in government haven't had any noticeable affect on the legal industry itself yet, he says, emphasizing that “I hope they won’t.”