In the realm of logistics contracts, Polish law does not provide a standardized blueprint. Instead, these contracts are multifaceted, drawing from various specific types and broader civil law principles. This makes it essential to keep an eye on the nuances.
The Buy Now, Pay Later Boom in Poland and its Regulatory Aspects
Due to technological progress and the effects of the COVID-19 pandemic, consumers have increasingly turned to online shopping. This was accompanied by the rapid development of new methods of short-term financing, such as Buy Now, Pay Later (BNPL) services, which allow customers to pay for purchases at a later date than the date of receipt. In Poland, financing is interest-free for a certain period, generally 30 days, after which interest charges apply.
New Rules Concerning Interim Relief in Intellectual Property Cases: Advancement or Unnecessary Obstacle?
The latest amendments to the Polish Code of Civil Procedure regarding interim relief in intellectual property cases, among other matters, entered into force on July 1, 2023. Interim injunction proceedings are crucial when the parties wish to quickly prevent further infringement of their intellectual property rights and obtain protection for the duration of the main legal proceedings. The main purpose of these proceedings is essentially to secure claims, i.e., to obtain a ruling (order) in which the court will order the opposing party to act in a certain way or prohibit certain actions.
Know Your Lawyer: Andrzej Stosio of Clifford Chance
An in-depth look at Andrzej Stosio of Clifford Chance covering his career path, education, and top projects as a lawyer as well as a few insights about him as a manager at work and as a person outside the office.
Poland: Increased Protection for Employees
On September 22, 2023, the amendment to the Polish Code of Civil Procedure entered into force that significantly reinforces the protection of employees who benefit from special protections against dissolution of employment. As a result, an employer can no longer dismiss a specially protected employee until a final judgment is passed, which can, due to lengthy court proceedings, take several years.
Dentons and CMS Advise on Modus Asset Management's EUR 58 Million Financing for 93-Megawatt PV Portfolio
Dentons has advised Modus Asset Management on obtaining EUR 58 million in debt financing from BNP Paribas Bank Polska and PKO Bank Polski to finance and refinance the acquisition of a 93-megawatt portfolio of photovoltaic projects in Poland. CMS advised BNP Paribas Bank Polska and PKO Bank Polski.
Greenberg Traurig Advises Valorem on Cooperation Agreement with T&T Proenergy
Greenberg Traurig has advised Valorem on its cooperation agreement with T&T Proenergy for the development of photovoltaic projects with a capacity of over 300 megawatts in Poland. GM Legal reportedly advised T&T Proenergy.
Dentons and CMS Advise on Heimstaden Poland Refinancing Two Residential Complexes in Warsaw
Dentons has advised Heimstaden on the refinancing of the acquisition of two residential complexes in Warsaw – Heimstaden Bokserska and Heimstaden Grzybowska – via a EUR 47.2 million loan from Santander Bank Polska. CMS advised Santander Bank.
SK&S Advises AniCura on Acquisition of Gliwice Veterinary Clinic
SK&S has advised AniCura on the acquisition of the Gliwcka Przychodnia Weterynaryjna veterinary clinic in Gliwice. Roedl & Partner reportedly advised AniCura as well.
Anna Hlebicka-Jozefowicz Makes Partner at DZP
Former DZP Senior Associate Anna Hlebicka-Jozefowicz has become a Partner and will lead the Regulatory, Legislation, and Compliance Advisory team at the firm.
Taylor Wessing and Zydek Pliszka Korcik Advise on Da Gama ASI Investment in Ready Bathroom
Taylor Wessing has advised Da Gama ASI on its investment in Ready Bathroom. Zydek Pliszka Korcik advised Ready Bathroom.
BCGL Advises Symfonia on eDokumenty and MoreBIT Acquisitions
Balicki Czekanski Gryglewski Lewczuk and, reportedly, Dotlaw have advised Symfonia on its full acquisition of eDokumenty and acquisition of a 51% stake in MoreBIT.
Norton Rose Fulbright and Greenberg Traurig Advise on PLN 800 Million Financing for Polsat Plus Wind Farm
Norton Rose Fulbright has advised a consortium including PKO Bank Polski, Bank Gospodarstwa Krajowego, mBank, and Santander Bank Polska on their PLN 800 million financing for the construction of a 72.6-megawatt wind farm. Greenberg Traurig advised the project's sponsor, the Polsat Plus Group.
White & Case and Baker McKenzie Advise on Bank Pekao’s EUR 500 Million Issuance of Green Bonds and EMTN Program
White & Case has advised dealers Bank Polska Kasa Opieki, BNP Paribas, BofA Securities Europe, Citigroup Global Markets Europe, and JP Morgan on the establishment of Bank Pekao's EUR 5 billion program for the issuance of medium-term eurobonds and first EUR 500 million issuance of 5.5% fixed-to-floating green bonds maturing in November 2027. Baker McKenzie advised Bank Pekao.
White & Case Advises SigmaRoc on Acquisition of CRH European Lime Business for Around EUR 1 Billion
White & Case has advised SigmaRoc on the acquisition of CRH's European lime businesses for a total deal value of approximately EUR 1 billion. SSW Pragmatic Solutions reportedly advised the lenders.
Rymarz Zdort Maruta and Gessel Advise on MCI Capital's Acquisition of Webcon
Rymarz Zdort Maruta has advised an MCI Capital fund on the acquisition of Webcon. Gessel advised the sellers.
MJH Advises Best Capital Fizan on EUR 4.2 Million Bond Issuance
MJH Moskwa Jarmul Halady has advised Best Capital Fizan on its EUR 4.2 million issuance of bonds maturing October 2027, to be listed on the Catalyst alternative trading system of the Warsaw Stock Exchange.
DWF Advises Enter Air on Joint Venture with TUI
DWF has advised Polish private airline Enter Air on the establishment of a joint venture with TUI to provide aircraft rental and charter flight services to commercial customers.