Kondracki Celej has advised Credo Ventures and 500 Startups on participating in a EUR 3.4 million investment round in the Village Network.
Sale & Leaseback as an Alternative Form of Financing
In a Sale & Leaseback transaction, a property used for business purposes is sold and simultaneously made available for use by the seller under a lease or rental agreement.
Controversial Article 17 in Polish Case C-401/19
Ever since the Directive on Copyright in the Digital Single Market (the "Directive") was adopted back in April 2019, its contents, especially regarding the liability of certain service providers, have sparked many controversies. According to the explanations provided by the European Council, the Directive's main goal was to protect press publication and reduce the "value gap" between the profits made by two main "entities": internet platforms and content creators. The Directive aimed to enhance collaboration between these two groups and to create copyright exceptions for text- and data-mining. However, Article 17 of the Directive proved difficult to accept within the internet sharing platform environment, as it replaces the "mere conduit" exemption from copyright infringement of online content sharing of the platform with a conditional exemption. Article 17 prohibits internet platforms from sharing and displaying unlicensed copyrighted contents on behalf of users.
White & Case Advises on PKO Bank Hipoteczny's EUR 500 Million Mortgage Covered Bond Issuance
White & Case has advised joint lead managers Banco Santander, Erste Group Bank, Landesbank Baden-Wuerttemberg, PKO BP, and UniCredit Bank on PKO Bank Hipoteczny's EUR 500 million issuance of mortgage-covered bonds. Reportedly, Allen & Overy advised PKO Bank Hipoteczny.
Partners-You-Trust Advises EEC Magenta on Investment in DBR77
Partners-You-Trust has advised EEC Magenta on its investment in robot platform DBR77. Moskwa Jarmul Haladyj reportedly advised investor Level2Ventures. DB77 Tax & Legal reportedly advised DBR77's founders.
Linklaters and Paksoy Advise QIA on Acquisition of Stake in D.ream International
Linklaters and Paksoy have advised the Qatar Investment Authority on the acquisition of an approximately 20% interest in the D.ream International fine dining group from parent company Dogus Group, a Turkish conglomerate.
When to File Transfer Pricing Documentation for 2021
Under the CIT Act, taxpayers are normally required to file the TPR form and a statement on the preparation of the local file for 2021, by the end of the ninth month after the end of the financial year.
Partners-You-Trust Advises Marketlab on Investment from Value Quest
Partners-You-Trust has advised the founders of the Marketlab Group on the investment from a Value Quest-managed private equity fund. CDZ Chajec & Partners reportedly advised Value Quest.
Clifford Chance Advises on Synthetic Securitization of Getin Noble Bank Housing Portfolio
Clifford Chance has advised the Getin Noble Bank on the synthetic securitization of its housing communities portfolio worth over PLN 500 million.
Closing: Echo Investment’s EUR 56 Million Sale of Office Buildings in Lodz to KGAL Group Now Closed
On July 4, DLA Piper announced that Echo Investment’s EUR 56 million sale of three office buildings within its mixed-use Fuzja revitalization project in Lodz to German investment manager KGAL Group (reported by CEE Legal Matters on January 28, 2022) had closed.
Linklaters Advises InfraVia on Acquisition of 50% Stake in Play Group Subsidiary FiberForce
Linklaters has advised InfraVia Capital Partners on the PLN 1.775 billion acquisition of a 50% stake in Play Group subsidiary FiberForce.
Greenberg Traurig and Baker McKenzie Advise Echo Investment on Sale of Office Building in Wroclaw
Greenberg Traurig and Baker McKenzie have advised Echo Investment on the sale of the MidPoint 71 office building in Wroclaw to the Trigea Real Estate Fund.
Dominika Ramirez-Wolkiewicz Joins Gessel as Partner and Head of Tax Law
Former Arena Advisory Partner Dominika Ramirez-Wolkiewicz has joined Gessel as a Partner and Head of the firm’s Tax Law practice.
DZP Announces Four New Partners
Daniel Chojnacki, Piotr Jackowski, Sylwia Kuca, and Damian Szczygielski have been promoted to Partner at Domanski Zakrzewski Palinka, as of July 1, 2022.
Deal 5: Benefit Systems Head of Legal Iwona Rykaczewska-Kuderska on Investment in Lunching.pl
On April 29, 2022, CEE Legal Matters reported that PwC Legal had advised Benefit Systems on its acquisition of 75% of the shares and agreement on the optional acquisition of 25% of shares in Lunching.pl. CEE In-House Matters spoke with Iwona Rykaczewska-Kuderska, Head of Legal at Benefit Systems, to learn more about the acquisition.
Piotr Leonarski Appointed Head of B2RLaw’s Tax Practice
Former B2RLaw Senior Associate Piotr Leonarski has been promoted to Counsel and Head of the firm’s Tax practice.
WKB Advises Energix on Financing for Wind Farm Construction
Wiercinski Kwiecinski Baehr has advised Energix on a PLN 288 million financing from the EBRD and mBank for the construction of a 56-megawatt wind farm in Poland. Clifford Chance advised the lenders.
Operating a Google Legal Hub in CEE: A TKP Story
The Polish law firm of Traple Konarski Podrecki is in a position of running and maintaining a network of 15 firms, covering 19 jurisdictions, all working in unison for one of the biggest tech companies the world has ever seen – Google. To gain a deeper understanding of how this network of law firms functions and operates, we reached out to TKP Senior Partner Xawery Konarski and Partner Piotr Wasilewski.