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.

Former Counsels Weronika Magdziak and Andrzej Palys have been promoted to Partner at Kochanski & Partners.

Gide and Kubas Kos Galkowski have advised PKO Bank Polski on the development of a scheme for the amicable settlement of disputes arising under foreign currency housing loans, as proposed by the Chairman of the Financial Supervision Authority of Poland. 

Gide has successfully represented Polish spirits company Wyborowa S.A. in proceedings before the European Intellectual Property Office involving its opposition to the registration of a trademark similar to LUKSUSOWA.

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.

Wardynski & Partners has advised the Roca Group on Polish aspects of its acquisition of a majority shareholding in the Royo Group.

B2RLaw has advised Paine Schwartz Partners on an unspecified investment made by its Paine Schwartz Food Chain Fund V in Kynetec.

Dentons has advised CEE Equity Partners, the investment advisor of the China-CEE Fund I, on the sale by the fund of three onshore wind farms in Poland, with a total capacity of 163 megawatts, to Iberdrola. Baker McKenzie reportedly advised Iberdrola 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.

Horea Popescu, Managing Partner of CMS Bucharest and Head of CMS’s Corporate M&A Practice in CEE Looks Back at an Unusual Year.

Kondracki Celej has advised Polish furniture startup Tylko on a EUR 22 million series C investment round which generated investments from Pitango, Evil Growth Partners, TDJ Pitango Ventures, and Experior VC, among others.

White & Case Warsaw has advised mBank S.A. as the arranger on the update of Echo Investment S.A.'s bond issuance program for up-to PLN 1 billion and subsequent PLN 195 million bond issuance.

Gide Loyrette Nouel has advised Polish real estate developer Yareal on its sale of the Neopark campus complex in Warsaw's Mokotow district to an unspecified French fund managed by Amundi Real Estate. CMS advised Amundi on the deal.

Wiercinski, Kwiecinski, Baehr has advised the Orkla Group on its acquisition of the enterprise of Ambasador 92 sp. z o.o. sp.k. Accreo advised Ambasador 92 on the deal.

Clifford Chance has advised Deutsche Bank and other arrangers on an update of the up-to-EUR 70 billion EMTN program of the State Treasury of the Republic of Poland, which was reportedly advised by White & Case.

Former CMS Counsel Ilona Fedurek has joined the Banking & Finance practice of SSW Pragmatic Solutions as Partner.