Clifford Chance has advised PAD RES on a PLN 240 million financing agreement with the Polish Development Fund for the construction of two photovoltaic farms with a total capacity of 117 megawatts in northern Poland. Wardynski & Partners advised the PDF.
Norton Rose Fulbright Advises BGK on PLN 350 Million Financing for Europejski Fundusz Leasingowy
Norton Rose Fulbright has advised Bank Gospodarstwa Krajowego on its PLN 350 million financing of Europejski Fundusz Leasingowy's business activity.
SSW Advises Lerg Group on Acquisition of WeButex
SSW Pragmatic Solutions has advised the Lerg Group on the acquisition of a 76% stake in WeButex Kunststoffbearbeitung. Reportedly, Germany-based Goerg advised the Lerg Group as well, while Ferox Legal advised the sellers.
B2RLaw Advises Sprout Social on USD 140 Million Acquisition of Tagger Media
B2RLaw, working with Cooley, has advised Sprout Social on its USD 140 million acquisition of Tagger Media, including software developed by Tagger’s Polish IT hub.
Schoenherr Advises JD Power on Acquisition of Autovista Group
Schoenherr, working with Kirkland & Ellis, has advised Thoma Bravo portfolio company JD Power on the acquisition of the Autovista Group.
DZP Advises Engie on Acquisition of Photovoltaics Portfolio from Columbus Energy
DZP has advised French energy group Engie company Engie Zielona Energia on the acquisition of five photovoltaic project companies from Columbus Energy in a transaction valued at over PLN 50 million. Gessel reportedly advised Columbus Energy.
Allen & Overy and DZP Advise on OX2 Sale of 20-Megawatt Bejsce Wind Farm to Enea Nowa Energia
Allen & Overy has advised OX2 on the sale of a 20-megawatt onshore wind farm in Bejsce, Poland, to the Enea energy group's Enea Nowa Energia. DZP advised the buyer.
SSW Advises Starward Industries on Warsaw Stock Exchange Main Market Prospectus
SSW Pragmatic Solutions has advised Polish video game developer Starward Industries on the prospectus for the transfer of its shares from the alternative trading system NewConnect to the main market of the Warsaw Stock Exchange.
DLA Piper Advises EBRD on Financing Resi4Rent Subscription Housing Portfolio Expansion
DLA Piper has advised the EBRD on its financing for the expansion of Resi4Rent's subscription housing portfolio in Poland.
Closing: Stock Spirits Acquisition of Polmos Bielsko-Biala Now Closed
On September 11, 2023, Deloitte Legal announced that Stock Spirits' acquisition of Polmos Bielsko-Biala (reported by CEE Legal Matters on August 2, 2022) had closed at the end of August, when the Stock Spirits group – through its Polish subsidiary Stock Polska – took control over Polmos Bielsko-Biala.
Wardynski & Partners Advise on TA Associates and Warburg Pincus Acquisition of Majority Stake in Epassi
Wardynski & Partners, working with Goodwin Procter, has advised TA Associates and Warburg Pincus on their acquisition of a majority stake in the Epassi Group from Bregal Milestone. Vinge and Krogerus advised TA Associates on Swedish and Finnish matters, respectively.
Wolf Theiss and Ozog Tomczykowski Advise on Sale of 70% Stake in Metal-Plast to INVL and Eco Baltia
Wolf Theiss has advised Latvian private equity fund INVL Baltic Sea Growth Fund and its portfolio company Eco Baltia on the acquisition of a 70% stake in Polish PVC recycler Metal-Plast. Ozog Tomczykowski advised the target's shareholders on the sale. Sorainen reportedly advised INVL and Eco Baltia as well.
Are Gift Cards Money in Poland?
Gift cards have become more and more popular. They are bought as presents and some shops have a return policy where items bought physically can be exchanged only for a gift card of the equivalent amount. Are gift cards therefore to be regarded as money in Poland? If so, are the issuers required to obtain authorisation as a payment or electronic money institution?
Allen & Overy Advises MS Galleon and Barlinek on EUR 540 Million Loans
Allen & Overy has advised MS Galleon on its EUR 440 million investment loan facility from Bank Gospodarstwa Krajowego and the related Barlinek company on a EUR 100 million general loan facility provided by BGK, Bank Pekao, and PKO Bank Polski. Norton Rose Fulbright reportedly advised the banks.
Allen & Overy Advises Stock Spirits Group on Polmos Bielsko-Niala Merger Proceedings
Allen & Overy has represented the Stock Spirits Group in merger control proceedings before the Polish Competition Authority for the acquisition of Polmos Bielsko-Niala.
Pawel Mruk-Zawirski To Head Financial Regulatory and Lukasz Walczyna To Lead Debt Capital Markets at Allen & Overy
Pawel Mruk-Zawirski and Lukasz Walczyna have taken over the leadership of the Financial Regulatory practice and the Debt Capital Markets practice, respectively, in Allen & Overy’s Warsaw office.
Piotr Orczykowski and Team Join DZP
Former Alto Partner Piotr Orczykowski has joined DZP Domanski Zakrzewski Palinka as a Partner alongside a five-person team.
Marcin Bisikiewicz Returns to Private Practice with DWF in Poland
DWF has announced that former Mostostal Warszawa Legal Department Director Marcin Bisikiewicz will soon be joining the firm's Dispute Resolution and Arbitration department in Poland as a Partner.