Noerr has announced that its Warsaw office has become independent as of today, June 28, 2024, with former Associated Partner Karol Kicun to lead the new firm.

On 17 June 2024 the Ministry of Finance published a draft law amending the Polish real estate tax (RET) regulations. The amendment is primarily aimed at adjusting Polish RET regulations to last year's verdicts of the Constitutional Tribunal (ref. SK 14/21 and SK 23/19) questioning the constitutionality of the existing regulations and repealing them with effect from the beginning of 2025. However, the proposed changes may also significantly affect the RET burden for entities from a wide range of business industries.

Gide has advised KGHM Polska Miedz on establishing a PLN 4 billion bond program and the corresponding first issuance of seven-year bonds worth PLN 1 billion to qualified investors.

White & Case has advised global coordinator and joint bookrunner Erste Group Bank and joint bookrunners BNP Paribas, J.P. Morgan, Powszechna Kasa Oszczednosci Bank Polski, and UniCredit Bank on PKO Bank Polski's issuance of series 3 EUR 500 million 4.5% senior non-preferred notes due 2029. A&O Shearman reportedly advised PKO Bank Polski.

CMS has advised Alior Bank, via its branch in Romania, on the sale of a portfolio of approximately 4,000 retail clients, to Romanian bank Patria Bank.

Clifford Chance has advised Ipopema as the offering agent on Echo's PLN 100 million bond issuance.

Czabanski & Galuszynski has advised Green Capital on a loan agreement with Bank Polska Kasa Opieki. Soltysinski Kawecki & Szlezak reportedly advised Bank Polska Kasa Opieki.

Hogan Lovells and Dentons have advised Patrizia on the sale of the AN69 building, also known as Metron or BTC Office Center, to Alides Polska and AYA Properties Fund. Sadkowski i Wspolnicy advised the buyers.

Former CMS Counsel Monika Szczotkowska has joined SSW Pragmatic Solutions as Partner alongside team members Associates Damian Gierasimczuk, Maksymilian Smyklinski, and Aleksandra Krol, Paralegal Milosz Zolich, and Legal Assistant Weronika Noweta.

SRC has advised Golden Star Estate, as the landlord, on several leases, covering over 1,600 square meters in the DOT Park complex in Krakow and almost 1,100 square meters in the Oxygen Park complex in Warsaw, to entities including Webcon, Toshiba, and LSI Software.

Rymarz Zdort Maruta, working with Freshfields Bruckhaus Deringer, has advised Arabelle Solutions on its acquisition of Power Solutions Poland from GE Power.

Former PayU Chief Privacy Office Marcin Czarnecki has joined Worldcoin as its new Chief Privacy Counsel.

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A&O Shearman has advised International Schools Partnership Limited on its acquisition of Nasza Szkola. Rymarz Zdort Maruta advised the sellers.

Greenberg Traurig has advised AT Capital on the sale of a real estate property in Warsaw to the Dantex and Cavatina development group companies acting in a consortium. Dentons advised Cavatina. KG Legal Kieltyka Gladkwski and Gras and Partners reportedly advised Dantex.

Cytowski & Partners has advised Polish startup Proofs on its USD 2.6 million pre-seed round.

A&O Shearman has advised Millennium Bank Hipoteczny on its inaugural issuance of three-year covered bonds with a total principal amount of PLN 300 million.

Greenberg Traurig has advised Agora on purchasing the remaining shares of Eurozet from SFS Ventures. Rymarz Zdort Maruta advised the seller.