Under the Polish Medical Devices Act of 7 April 2022 (the MDA), surveillance over medical device advertising is exercised in principle by the President of the Office for Registration of Medicinal Products, Medical Devices and Biocidal Products (the URPL), and in certain cases, by the Minister of Health or the Chief Sanitary Inspector.
Norton Rose Fulbright Advises Banks on PLN 330 Million Financing for Corab
Norton Rose Fulbright has advised a banking syndicate on the PLN 330 million financing for Polish photovoltaic systems manufacturer and equipment distributor Corab with the option of an incremental facility up to a total of PLN 500 million.
Deloitte Legal Advises Scope Fluidics on WSE Main Market Listing
Deloitte Legal has advised Scope Fluidics on the transfer of its listing from NewConnect to the main market of the Warsaw Stock Exchange.
Six Partner Promotions at DWF
Maciej Antoniak, Radoslaw Cebelinski, Tomasz Kaczmarek, and Rafal Wozniak were promoted to International Partners while Wiktoria Rogaska and Marta Wysokinska made Local Partners at DWF.
WKB and Baker Tilly Legal Poland Advise on Zeiss Acquisition of Lenso
WKB has advised the Zeiss Group on its acquisition of Lenso. Baker Tilly Legal Poland advised Lenso.
Corporate Governance in Poland
Contributed by Dentons.
Gas Prices Capping Act Brings Important Changes for RES Sector
On 20 December 2022, the Official Journal of the Republic of Poland published the rather awkwardly titled Act of 15 December 2022 on Special Protection of Certain Gas Fuel Consumers in 2023 Due to the Gas Market Situation (Gas Prices Capping Act). In this legal alert, we’ll look at the main rules intended to protect eligible customers against spikes in gas prices, payment of compensation to eligible suppliers, as well as amendments to the Energy Law (EL) that are likely to affect the market for companies producing energy from renewable sources (RES Businesses).
CMS Advises EBRD on Loan to Stax Technologies
CMS has advised the EBRD on a EUR 10.8 million loan to Serbian machine manufacturer Stax Technologies.
Clifford Chance and Ciftci Advise Arcelik on New Standalone Home Appliance Business JV with Whirlpool
Clifford Chance and its Turkish affiliate Ciftci Attorney Partnership have advised Arcelik on the establishment of a joint venture between its Ardutch subsidiary and Whirlpool Corporation subsidiary Whirlpool EMEA Holdings to create a new standalone business in the European home appliances sector. Latham & Watkins advised Whirlpool.
Marina Skarbek-Kozietulska Becomes General Partner at Ro
Ro Radwan-Roehrenschef Petruczenko Partner Marina Skarbek-Kozietulska has been appointed as the firm's General Partner.
Contract Indexation Vs. Contracting Authority’s Economic Prudence in Poland
An economic crisis is definitely upon us. Factors such as inflation, reduced availability of raw materials and skyrocketing material prices and costs triggered by, among other things, the armed conflict in Ukraine and sanctions imposed on the Russian Federation, are having a direct impact on performance of contracts and their profitability. Among those hardest hit in these circumstances are parties to public procurement contracts.
Draft Regulation of the Polish Ministry of Health On Medical Device Advertising
The draft regulation of the Minister of Health on medical device advertising (the Draft) provides for further restrictions and requirements on advertising to the public. The Draft is intended to be a clarification of the technical requirements for advertising medical devices that have been introduced at the statutory level in the Polish Medical Devices Act of 7 April 2022 (the MDA).
Crido Advises Dr Irena Eris Group on Acquisition of Sulfur Zdroj Exim
Crido Legal has advised the Dr Irena Eris Group on its acquisition of pharmaceutical company Sulfur Zdroj Exim.
A Difficult Time for Cryptocurrencies
The year 2022 will not be remembered fondly in the cryptocurrency market. The progressive decline in the value of coins, the problems of the FTX exchange and the collapse of trust are all raising questions about the future of crypto. Can regulating the crypto-asset market be a panacea for the market’s ills?
Dentons Advises Helaba on Accolade Polish Warehouse Portfolio Refinancing
Dentons has advised Helaba Landesbank Hessen-Thueringen on its EUR 129 million refinancing of five Accolade warehouse parks in Poland. Allen & Overy reportedly advised Accolade.
Forms of Promotional Activities Covered by the Polish Medical Device Act
The Polish Medical Devices Act of 7 April 2022 (the MDA) does not provide a definition of medical device advertising or criteria that could allow a clear assessment of whether an activity is advertising and what requirements it should meet.
Robert Wodzynski and Tomasz Kwasniewski Make Partner at SSW Pragmatic Solutions
Former Counsels Robert Wodzynski and Tomasz Kwasniewski have been appointed as Partners with SSW Pragmatic Solutions.
GNZ Legal Advises Aerotunel on Acquisition of Two PV Projects from Arenella
Gorzelnik Nentwig Ziebinski has advised Aerotunel on its acquisition of two utility-scale solar energy projects in Poland from developer Arenella.