22
Fri, Jan
70 New Articles

Clifford Chance's Warsaw office has advised a consortium of banks including Santander Bank Polska S.A., Bank Millennium S.A., and Bank Polska Kasa Opieki S.A. on financing in the form of credit facilities and factoring granted to Gemini Polska. CMS advised Gemini Polska on the deal.

Polish Parliament is currently working on changes to tax law imposing a 19% corporate income tax on limited partnerships. The changes, which will enter into force in 2021, are meant to tighten up the tax system and curb international tax optimisation. Unfortunately, even a cursory glance at the current ownership structure of limited partnerships in Poland will tell us that the proposed solutions will be felt mostly acutely by Polish entrepreneurs.

Gessel has advised the Polish high-tech company DataWalk on the public offering of its new issue of shares to qualified investors via a book-building process. The total value of new issue of shares is estimated at PLN 65 million.

Rymarz Zdort has advised MCI.PrivateVentures (a subfund of MCI.EuroVentures 1.0) and AMC Capital IV Albatros S.a r.l. (a company advised by Mezzanine Management) on their sale of 100% of the shares in ATM S.A. to Global Compute Infrastructure LP, a platform supported by the Goldman Sachs Merchant Banking Division. White & Case advised Global Compute Infrastructure on the transaction.

Gessel has advised Poland-based paraffin producer Polwax on the public offering of its shares with subscription rights and admission of shares to trading on the Warsaw Stock Exchange. The value of the bonds is estimated at PLN 20 million.

Deloitte Legal has announced that a dozen lawyers will be leaving White & Case in Poland — including Tomasz Ostrowski (who will take over at Deloitte Legal Warsaw as Managing Partner), Aneta Urban, Katarzyna Jakubiak, Sylwia Opiatowska, and Michal Oles — to join its Warsaw office.

Gessel has advised Benefit Systems on its issuance of Series A and B bonds valued at PLN 100 million and their admission to trading on the Warsaw Stock Exchange's Alternative Trading System platform, as well as the bookrunner on the issuance, Poland’s branch of Haitong Bankas.

Poland Knowledge Partner

Penteris is a law firm combining in-depth expertise, robust advice, and a pan-regional reach.

We provide full-service business law advice within five sector lines: Energy & natural resources, Financial institutions, Private equity, Real estate, and Retail.

On the market since 2001, we were originally part of a Scandinavian law firm and then a founding office of a pan-Baltic organisation.

Our attorneys will work closely with you, providing you with the hard skills, service-minded know-how, and legal expertise that will keep you secure while you lead the market.

Our skills are at your disposal:

  • Expertise and passion wrapped up in a personal service
  • Close-knit team providing a multidisciplinary approach
  • Ability to listen, understand, and deliver for the tangible benefit of the client.

The team continues to be internationally recognised year on year, most recently by Chambers Global 2020, Chambers Europe 2020, and The Legal 500 EMEA 2020.

Firm's website: https://penteris.com

Our Latest Issue