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Clifford Chance has advised Catella Residential Investment Management on its EUR 60 million sale of residential and student housing properties in Warsaw and Krakow. Konieczny Wierzbicki & Partners advised Dutch buyer Van der Vorm Vastgoed on the acquisition of the Trio project in Krakow. 

B2RLaw has advised Auxilius Pharma and its founders on receiving investments from venture capital investors CofounderZone Corporate Angel Fund ASI and Augebit together with several business angels and existing investors. SSW Pragmatic Solutions advised CofounderZone.

Foundations, along with associations, are the most widely chosen legal form for Polish non-governmental organizations (NGOs). Due to the specific nature of their relationships with the state, doubt may sometimes arise as to whether foundations may be legally obliged to organize tender proceedings. This is because the Public Procurement Law (PPL) does not list foundations among other types of entities which may act as ‘contracting authorities’. Does this mean that no foundation under any circumstances will ever have to observe public procurement laws? Naturally, this question can only be answered in the negative, as in some cases a foundation may acquire ‘contracting authority’ status under the above-mentioned laws.

The Life Sciences & Healthcare industry is not free of criminal activity that may give rise to the companies’ liability for criminal offences. However, the corporate criminal liability in Poland is not effectively enforced now. The government presented its proposal to change that in the new draft law amending the Corporate Criminal Liability Act (the “draft”).

Kochanski & Partners, the authors of the first metaverse report in Poland, published a follow-up tax themed report on 27 October. “Taxation of Cryptocurrencies and NFTs, and Challenges in the Metaverse” is a comprehensive overview of the tax consequences of events and transactions involving cryptocurrencies and NFTs. The publication was coupled with presentation of the report and an expert debate featuring the participation of representatives of business, new technology market practitioners who deal on a daily basis with crypto, NFTs and the Metaverse, and lawyers specialising in digital economics and taxes.

CMS has advised a company from the SINO-CEEF group on the construction and sale of a 51-megawatt photovoltaic power plant portfolio in Poland to a consortium of two Chinese investors. B2RLaw, working with King & Wood Mallesons, advised the unidentified buyers on their acquisition.

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