DZP has announced that life science lawyers Michal Czarnuch and Tomasz Kaczynski have become Partners at the firm.
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.”
White & Case has advised UniCredit on the sale of approximately 26.2 million ordinary shares in Bank Pekao, the second largest Polish bank, to institutional investors. Weil Gotshal & Manges advised joint bookrunners Morgan Stanley, Citigroup, UBS, UniCredit Bank AG Milan Branch, and Dom Maklerski Banku Handlowego S.A.
Chajec, Don-Siemion & Zyto (CDZ) has advised real estate investor and developer Capital Park Group on setting up a joint venture with the Akron Group, an Austrian capital group that invests in office, logistics and retail properties, in order to modernize the ETC shopping center in the town of Swarzedz, Poland.
Gessel has advised Zortrax, a 3D printing company, on an investment agreement it entered into with the company Ultro, belonging to Polish entrepreneur Dariusz Milka. Under the agreement, Ultro is ultimately entitled to acquire a total of 1.2 million shares of Zortrax, which represents a 15% stake in the company. Oles & Rodzynkiewicz advised Ultro on the transaction.
Wolf Theiss Warsaw has advised Consolidated Precision Products Corp. on its successful acquisition of two casting facilities located in Rzeszow, Poland from a business unit of Pratt & Whitney Canada, a subsidiary of United Technologies Corporation. K&L Gates advised UTC on the transaction, which closed for an undisclosed amount on June 30, 2016.
Lawyers from Noerr’s Warsaw office have joined with colleagues in the firm’s Berlin and Frankfurt offices in advising SAF-Holland S.A. on its takeover bid for the listed Swedish Haldex Group. The cash bid values the company at around EUR 442 million. The Vinge firm advised SAF-Holland on Swedish law.
WKB has advised MB Aerospace group on its purchase of 100% of the shares in Vac Aero Kalisz Sp. z o.o. from the Canadian parent company Vac Aero International Inc. The preliminary share purchase agreement was governed by Canadian law, and Davies Ward Phillips & Vineberg was the lead counsel to MB Aerospace with respect to that agreement and to other aspects of the transaction governed by Canadian law.
SPCG has successfully represented Socrates Investment S.A. before Poland's Supreme Court in a dispute worth approximately PLN 9 million regarding "the payment of interest by a joint-stock company for a delay in dividend payments due to a declaration of annulment of the shareholders’ resolution during the AGM."
The Warsaw office of Greenberg Traurig has represented the US-based Amstar private equity fund and the Warsaw-based BBI Development real estate developer on the bulk sale of 72 residential units to German-fund Catella. Dentons advised Catella on the deal. According to Greenberg Traurig, “the transaction is believed to be the largest bulk sale of luxury residential units in Central European history.”
DJBW Danilowicz Jurcewicz Biedecki i Wspolnicy has advised STK Group, one of the largest private rail operators in Poland, on the sale of 100% of STK S.A. shares and 80% of Kolej Baltycka shares to OT Logistics, for a total amount PLN 33.1 million. Wroclaw-based PGNG advised OT Logistics on the deal, which still requires anti-monopoly clearance.