The Polish economy has recovered quickly following the lifting of COVID-19 restrictions and the number of transactions is fairly consistent across various industries, reports Radoslaw Biedecki, Partner at Noerr in Poland. The country is pushing for further digitalization of its public services, but draft legislation on media ownership has him concerned.
The global pandemic has impacted all markets, with subsequent ramifications for M&A. Investors are now seeking greater protection against general lock-downs and supply-chain disruptions, while governments aim to protect critical supplies and services by imposing new regulations on foreign investment in crucial or strategic industries.
The Polish private rental sector is about to enter a period of intensive development. Unlike the western EU Member States, where the share of rented apartments often significantly exceeds 50%, in Poland, only approximately 15% of apartments are rented out (about 2.3 million out of a total of 14.8 million apartments existing in Poland).
Recently, the President of the Office of Competition and Consumer Protection (Polish name: Urząd Ochrony Konkurencji i Konsumentów “UOKiK”) announced the initiation of antimonopoly proceedings in connection with the suspected coordination of actions by the Polish Basketball League and its member clubs against their players. The aim of the collusion was, among other things, to agree the terms of termination of players' contracts and to withhold payment of their salaries.
The coronavirus pandemic and accompanying restrictions introduced by the majority of countries around the world are having a major impact on the development of global and local economies. It seems that carrying out infrastructure investment projects may help with rebuilding the economic and financial condition of countries negatively affected by the coronavirus.
“In the past year or so, we have been very focused on transactional work in the renewables sector,” says Dentons Warsaw Partner Agnieszka Kulinska. “In addition to that, together with our banking and finance colleagues, my department has also handled a number of financing deals in the sector.”
The COVID-19 crisis continues to plague much of Europe. To get an overview of its effects across CEE – both on investment in the region and on the legal industry itself – we reached out to the members of Pontes the CEE Lawyers legal alliance, a Regional Sponsor at the upcoming Dealer’s Choice International Law Firm Summit.
While reading an article from the Nov/Dec 2020 issue of the Harvard Business Review, I had the distinct impression that someone had read my mind. The article dealt with a study conducted by Christine Exley and Judd Kessler on the subject of self-promotion among men and women, which the researchers believed to be an understudied behavior that could have important implications for labor market outcomes.