On the 11 November, the EDP adopted two sets of recommendations giving our a total of 10 steps to ensure safe data transfer (whether these steps are easy or not, remains to be seen):
On October 8, 2020, CEE Legal Matters reported that JDP had advised Trei Real Estate GmbH on financing of EUR 51 million it received for its Polish subsidiaries from pbb Deutsche Pfandbriefbank, a German specialist lender for commercial real estate finance. CEEIHM spoke with Matthias Schultz, CFO at Trei Real Estate GmbH, to learn more about the financing.
The Krassowski Law Firm has advised the Bielenda Kosmetyki Naturalne cosmetics company on its acquisition of the Dermika and Soraya brands and a production facility in Radzymin, Poland, from the Orkla Group. Wiercinski Kwiecinski Baehr reportedly advised the Orkla Group on the transaction, which remains contingent on regulatory approval.
The two major issues in Poland at the moment, according to Agnieszka Pytlas, Managing Partner of Penteris in Warsaw, are the lockdown necessitated by the second wave of the Covid-19 crisis and the ongoing protests against a ruling by the country’s top court in October that amounted to a near-total ban on abortion.