Greenberg Traurig has advised the CCC Group on the acquisition by Cyfrowy Polsat and A&R Investments Limited of 10% stakes in subsidiary eobuwie.pl for PLN 500 million each. Deloitte Legal reportedly advised A&R Investments Limited and Modrzewski represented Cyfrowy Polsat.
Clifford Chance Warsaw has advised Cargounit, a locomotive leasing business in Central and Eastern Europe, on a financing agreement with a consortium of Polish and international banks consisting of BNP Paribas Bank Polska S.A., PKO Bank Polski S.A., Siemens Bank GmbH, Bank Millennium S.A., ING Bank Slaski S.A., Bank Pekao S.A., and Bank Ochrony Srodowiska S.A. Norton Rose Fulbright advised the banks on the deal.
Gide has advised Sierra Gorda S.C.M., KGHM Polska Miedz S.A., Sumitomo Metal Mining CO., LTD, and Sumitomo Corporation on a USD 700 million financing from Bank Gospodarstwa Krajowego. Sullivan & Cromwell advised Sumitomo Corporation and Sumitomo Metal Mining as well, while Deloitte Legal advised BGK on the deal.
Sorainen and Greenberg Traurig have advised Allianz SE on its acquisition of life and non-life insurance operations and the pension and asset management business in Poland and Lithuania — including Lithuanian subsidiary Aviva Lithuania — from the Aviva Group. The Aviva Poland business also includes Aviva’s 51% shareholding in life and general insurance joint ventures with Santander: Santander-Aviva Towarzystwo Ubezpieczen Na Zycie S.A. and Santander-Aviva Towarzystwo Ubezpieczen S.A. Wiercinski, Kwiecinski, Baehr, working with lead counsel Slaughter and May, advised Aviva on the deal in Poland, and Cobalt advised Aviva on Lithuanian aspects. Rymarz Zdort advised Santander.
On December 15, 2020 CEELM gathered legal experts from across the region for its annual Year-in-Review Round Table conversation. In a wide-ranging discussion, participants shared opinions and perspectives on their markets, on strong (and less-strong) practices across the region, and the effect of the COVID-19 crisis on both, as well as on how technology is changing the legal industry, and what the industry will look like in 2021.