WKB has advised the Zeiss Group on its acquisition of Lenso. Baker Tilly Legal Poland advised Lenso.

Contributed by Dentons.

 On 20 December 2022, the Official Journal of the Republic of Poland published the rather awkwardly titled Act of 15 December 2022 on Special Protection of Certain Gas Fuel Consumers in 2023 Due to the Gas Market Situation (Gas Prices Capping Act). In this legal alert, we’ll look at the main rules intended to protect eligible customers against spikes in gas prices, payment of compensation to eligible suppliers, as well as amendments to the Energy Law (EL) that are likely to affect the market for companies producing energy from renewable sources (RES Businesses).

CMS has advised the EBRD on a EUR 10.8 million loan to Serbian machine manufacturer Stax Technologies.

Clifford Chance and its Turkish affiliate Ciftci Attorney Partnership have advised Arcelik on the establishment of a joint venture between its Ardutch subsidiary and Whirlpool Corporation subsidiary Whirlpool EMEA Holdings to create a new standalone business in the European home appliances sector. Latham & Watkins advised Whirlpool.

Ro Radwan-Roehrenschef Petruczenko Partner Marina Skarbek-Kozietulska has been appointed as the firm's General Partner.

An economic crisis is definitely upon us. Factors such as inflation, reduced availability of raw materials and skyrocketing material prices and costs triggered by, among other things, the armed conflict in Ukraine and sanctions imposed on the Russian Federation, are having a direct impact on performance of contracts and their profitability. Among those hardest hit in these circumstances are parties to public procurement contracts.

The draft regulation of the Minister of Health on medical device advertising (the Draft) provides for further restrictions and requirements on advertising to the public. The Draft is intended to be a clarification of the technical requirements for advertising medical devices that have been introduced at the statutory level in the Polish Medical Devices Act of 7 April 2022 (the MDA).

Crido Legal has advised the Dr Irena Eris Group on its acquisition of pharmaceutical company Sulfur Zdroj Exim.

The year 2022 will not be remembered fondly in the cryptocurrency market. The progressive decline in the value of coins, the problems of the FTX exchange and the collapse of trust are all raising questions about the future of crypto. Can regulating the crypto-asset market be a panacea for the market’s ills?

Dentons has advised Helaba Landesbank Hessen-Thueringen on its EUR 129 million refinancing of five Accolade warehouse parks in Poland. Allen & Overy reportedly advised Accolade.

The Polish Medical Devices Act of 7 April 2022 (the MDA) does not provide a definition of medical device advertising or criteria that could allow a clear assessment of whether an activity is advertising and what requirements it should meet.

Former Counsels Robert Wodzynski and Tomasz Kwasniewski have been appointed as Partners with SSW Pragmatic Solutions.

Gorzelnik Nentwig Ziebinski has advised Aerotunel on its acquisition of two utility-scale solar energy projects in Poland from developer Arenella.

JDP Drapala & Partners has announced the launch of its new Energy and Renewables practice in Warsaw with the arrival of Practice Head Michal Drozdowicz.

Former DWF Partner Oskar Waluskiewicz has joined DLA Piper as a Partner and Head of the firm's Energy practice in Poland.

Former Counsels Klaudia Fratczak-Kospin and Piotr Grabarczyk have been appointed as Partners with WKB.

Wardynski & Partners, working with Morrison Foerster, has advised Nouryon Chemicals International on its acquisition of Adob Fertilizers. GWW Legal advised the seller.