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The Deal:  On February 16, 2017, CEE Legal Matters reported that Glatzova & Co. had advised Denemo Media s.r.o. on its acquisition of a 50% shareholding in FTV Prima, with Allen & Overy advising Modern Times Group, the seller. Denemo Media is a Czech joint venture between Alphaduct, a.s. (with 75% ownership) and GES Media Asset, a.s. (with 25% ownership). Alphaduct, a.s. is owned by Czech businessman Vladimir Komar. GES Media Asset a.s. is part of the GES Group, which already owned 50% of FTV Prima Holding.

As consumers conduct an ever-increasing amount of their shopping and banking on-line, the digitalization revolution is having a significant effect on both industries, and payment service providers – companies offering online services allowing merchants to accept electronic payments by, among other forms, credit cards or bank-based payments such as direct debit, bank transfer, and real-time bank transfer based on online banking – are working with both merchants and banks to facilitate their operations. 

Dan Cocker is a Partner in Allen & Overy’s Global Projects, Energy, and Infrastructure Group. He covers the Central and Eastern Europe region and has been based in Warsaw since 2011, after previous stints in the firm’s London, Frankfurt, and New York offices. 

The Deal:

In November 2016, CEE Legal Matters reported that Kochanski Zieba & Partners had advised Echo Polska Properties N.V. on its EUR 265 million acquisition of seven office buildings in Krakow, Gdansk, Katowice, and Lodz from Echo Investment S.A. The sellers were advised by Weil Gotshal & Manges. 

CEE Legal Matters reported in November that a team of 11 lawyers from Polish firm DJBW will join Noerr’s Warsaw office effective January 1, 2017. Of the five Partners in DJBW, four – Witold Danilowicz, Witold Jurcewicz, Radoslaw Biedecki, and Ludomir Biedecki – will move to Noerr. CEE Legal Matters reached out to both Joerg Menzer, Regional Managing Partner of Noerr’s CEE offices in Bratislava, Bucharest, Budapest, Prague, and Warsaw, and Radoslaw Biedecki, who will become the new Office Head of Noerr in Warsaw, to learn more about the move and what led to it. 

Thomas Hruby was born in Montreal, Canada, where he attended McGill University, from which he received his B.A., B.C.L., and LL.B. degrees. He was admitted to the Bar of the Province of Quebec in 1983 and practiced law in Montreal. He obtained a Master’s degree in law from Charles University in Prague in 1991 and was admitted as a fully-qualified Czech advocate by the Czech Bar Association in 1992. In 1993, he opened the Prague office of the Montreal law firm Mitchell, Gattuso and he subsequently joined the Prague office of Linklaters & Alliance. In 2001 he started his own practice in Prague, and he was joined by Jiri Buchvaldek in 2006 to form Hruby & Buchvaldek. 

The Deal:

In October 2016, CEE Legal Matters reported that Baker & McKenzie had advised European payment and transactional services provider Worldline on its agreement with Komercni Banka, a subsidiary of the Societe Generale Group, to develop products and services for Czech and Slovakian merchants. CMS advised Komercni Banka on the deal. We reached out to Baker & McKenzie Partner Libor Basl and Associate David Reiterman, both in the firm’s Prague office, for more information.

CEE Legal Matters is excited to attend the first in its series of Asset Yield panel discussions, hosted by Richards Kibbe & Orbe in London this Thursday. In preparation for the event, we sat down with one of the guest panelists at the event, Pawel Halwa, the Managing Partner of the Schoenherr Warsaw office.

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