White & Case has advised the Wirtualna Polska group on the acquisition of the Invia Group from European Bridge Travel for more than PLN 1 billion (EUR 239.7 million) with existing shareholders Rockaway Group and CITIC Europe Holdings acting as guarantors of European Bridge Travel’s obligations resulting from the sale. Clifford Chance advised European Bridge Travel and its shareholders.

Taylor Wessing has advised the Polish Development Fund-managed FIZAN fund as the lender to the sale of the Kleczew Solar & Wind farm by Lewandpol Holding to Energa Wytwarzanie, part of the Orlen Group.

Former Hogan Lovells Counsel and Head of the Warsaw M&A Practice Tomasz Zak has joined Eversheds Sutherland as a Partner.

Gessel and Kambourov & Partners have advised MS Galleon on its acquisition of Corab. TGS Baltic reportedly advised MS Galleon as well.

Greenberg Traurig has advised Generali Investments CEE on its acquisition of a logistics park in Zabrze, Poland, from Panattoni. Deloitte Legal advised Panattoni.

Former DWF Local Partner and Head of Insurance Pawl Stykowski has his eponymous Pawel Stykowski Legal Studio.

Former Greenberg Traurig Local Partner Paulina Kimla-Kaczorowska has launched Kimla Law.

Former Hogan Lovells Partner Piotr Zawislak has joined Norton Rose Fulbright as a consultant in the firm’s banking and finance practice. Joining with Zawislak is Associate Julia Pycka.

Linklaters has advised Investika Real Estate Fund and its joint venture partner Bud Holdings on the acquisition of a 212,500-square-meter logistics portfolio in Poland from commercial real estate developer 7R. A&O Shearman reportedly advised 7R.

Historically, Poland’s Renewable Energy Sources (RES) sector has relied heavily on long-term project finance, with loan tenors of 15-18 years from project completion. In the current local financial landscape, high interest rates persist with WIBOR remaining elevated despite attempts at correction, and the cost of long-term interest rate swaps continuing to soar.

For years, Poland has held the unenviable position of leading the race in delays when implementing various EU laws, especially in the digital sector. This has resulted, and continues to result, in multimillion-euro fines that Poland is compelled to pay to the EU.

Employers often find themselves contemplating whether they should disclose the reasons for an employee’s termination to the entire workforce. While the motivations behind this consideration can be well-intentioned – such as educating remaining employees about unacceptable behaviors, promoting transparency, and preventing the spread of misinformation, there are legal implications to take into account.

In The Debrief, our Practice Leaders across CEE share updates on recent and upcoming legislation, consider the impact of recent court decisions, showcase landmark projects, and keep our readers apprised of the latest developments impacting their respective practice areas.

Schoenherr has advised VetPlanet on its acquisition of Vetos-Farma from the Okoniewski family. Ecovis reportedly advised the sellers.

Former Polskie Elektrownie Jadrowe Vice-President of the Management Board Lukasz Mlynarkiewicz has joined Kochanski & Partners as a Partner in its Infrastructure, Energy, Environment, and ESG Practice Group and will also serve as the Head of the Nuclear Energy Practice.

MFW Fialek has advised Hartenberg Capital on its acquisition of a controlling stake in 4Kraft and its subsidiaries, 4Kraft LLC and Suzhou Kinderkraft Trading. Zhong Lun reportedly advised Hartenberg Capital as well. JLSW Janaszczyk Lis i Wspolnicy advised 4Kraft.

CK Legal Chabasiewicz Kowalska has advised PragmaGO on its issuance of four-year secured bonds of series D2.

Schoenherr has advised Assa Abloy on its acquisition of Roger. Krassowski advised Roger and its founders.