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Celebrating five consecutive years as one of BC’s Top Employers

Dentons has been recognised as one of BC’s Top Employers for the fifth consecutive year, reinforcing its status as an employer of choice for exceptional talent. Dentons is proud to have created an environment where its people can develop new skills, create a unique career path, explore and be supported in leadership opportunities, and collaborate with team members across its global platform, in addition to having a positive impact in local communities.

BC’s Top Employers is an annual competition organised by the editors of Canada’s Top 100 Employers. This special designation recognises British Columbia employers who lead their industries in offering outstanding places to work.

“Being recognised as one of BC’s Top Employers for five consecutive years is a huge accomplishment. Our continued success is a result of the commitment, enthusiasm and support for each of our team members,” said John Sandrelli, managing partner of Dentons’ Vancouver office. “We are proud to celebrate 40 years of being a part of the Vancouver community. Providing exceptional client service, taking action to improve our communities and supporting the success of both global clients and local businesses is what makes Dentons a great place to grow a career.”

The focus on its people is just one of the ways that Dentons is doing things differently. The diverse and unique strengths of Dentons’ exceptional talent help define its forward-thinking and inclusive culture. Here are some of the ways Dentons has come together to build the law firm of the future in Vancouver:

  • Participate in a number of activities that promote a healthy lifestyle, including the Rotary Club of Vancouver Bike-A-Thon, Ride to Conquer Cancer, Lawn Bowling, the annual Sun Run and a Healthy Habits Walking Club.
  • Help lead the fight for justice, opportunity and equality in our communities through pro bono and philanthropic commitments, including a week-long campaign in support of the United Way of the Lower Mainland, and pro bono services to the Vancouver Pride Society, assisting with the transition of their annual Pride Parade to VanVirtualPride, an online week-long celebration due to COVID-19.
  • Take time to celebrate success and recognise accomplishments as one team through team celebrations, social events and barbeques.
  • Advance shared commitment of building an inclusive firm by developing diverse learning programs and community-focused initiatives, such as an Indigenous business student summer placement program in collaboration with a client.
  • Foster an eco-conscious environment that promotes wellness though sustainable practices in the workplace through its grassroots Workplace Improvement Sustainability and Health (WISH) Committee, like working with local restaurants to enable Dentons’ people to use reusable containers in lieu of using paper, Styrofoam or plastic to-go lunch boxes.

To learn more about our Vancouver office, career opportunities and how we are connecting BC to the world, visit our Dentons – Vancouver page.

Dentons advises Yonsung Group on acquisition of Arevipharma

Global law firm Dentons has advised the South Korean Yonsung Group on its acquisition of German-based pharmaceutical manufacturer Arevipharma. Through this transaction, the parties will expand and internationalise Arevipharma’s active ingredient business and innovate and invest in its Radebeul production site. The two companies also intend to benefit from synergies between Yonsung’s research-centred and long-term oriented business philosophy and Arevipharma’s established industrial network through the merger. The parties have agreed not to disclose the purchase price.

Yonsung Fine Chemicals was founded in 2000 as spin-off of Sungkyunkwan University in Seoul. The company is one of the world’s leading suppliers of Prostaglandin products and is focused on highly potent substances. In addition, the company has also started to develop its own finished medicinal products. Over the last three years, Yonsung group has more than doubled in revenue through proprietary development projects and patents, and in 2020, it achieved a turnover of more than US$50 million.

Arevipharma is a medium-sized manufacturer of generic and originator active pharmaceutical ingredients (API) and intermediates, which operates from a production site in Radebeul near Dresden. The product portfolio currently comprises more than 30 active pharmaceutical ingredients for various therapeutical areas in human and veterinary medicine.

A Dentons team from Munich, Frankfurt and Berlin advised Yonsung on all legal aspects of the transaction, including foreign trade in the healthcare sector, which has been complicated by the COVID-19 pandemic. Lead partner Thomas Strassner and his team regularly advise on transactions and venture capital financings in the healthcare sector.

Dentons sets another legal precedent in Czech tax litigation

Dentons secured a victory for Veolia Energie ČR before the Czech Supreme Administrative Court, in a litigation regarding interest from illegal gift tax in energy context. The case concerned a gift tax imposed on all emission allowances allocated to power plants in breach of the EU law. After the ECJ declared this tax illegal in the Skoda Energo case, the Czech tax authorities correctly reduced the tax but refused to pay the interest accrued as a result of the illegally imposed tax.

In its decision, the Supreme Administrative Court confirmed that the tax authorities have to pay interest from the date when the tax payer paid the illegal tax under the original decision of the tax authority imposing the tax (in Czech: platební výměr) and not only from the later decision on the change of the tax (in Czech: dodatečný platební výměr). This refined the previous landmark decision of the same court from 2017 (see 5 As 27/2017 – 45), and confirmed Dentons’ position that the tax authorities need to pay the interest accrued from the illegally imposed tax with respect to the entire period.

Commenting on the case, Petr Zákoucký, Head of Dentons’ Energy and M&A practices in the Czech Republic, said: “This follow-up decision of the Supreme Administrative Court should make the Czech tax authorities think twice when interpreting the Czech tax legislation, in a way which potentially conflicts with EU law. This landmark decision gives Czech tax payers recourse against the tax authority with regard to this illegally imposed tax.”

“Dentons keeps delivering great results even in these novel cases. Their Energy team stands out on the Prague market, we are grateful for our collaboration,” said Ondřej Hořín, the Head of Legal of Veolia Energie ČR.

Dentons advises Aviva Investors on the sale of two warehouses in Wrocław

Dentons advised Aviva Investors on the sale of a portfolio of two warehouses (Wrocław Business Park) to a construction company managed by Dentons advised Aviva Investors on the sale of a portfolio of two warehouses (Wrocław Business Park) to a construction company managed by Griffin Real Estate.

Wrocław Business Park is a complex of two modern warehouse halls located in Wrocław at Bierutowska Street (Psie Pole district) with a total of 9,000 sq. m. of gross floor area. The divested portfolio enables to carry out orders based on the Crossdock Management System, which allows for repackaging of delivered goods and sending them directly to recipients without additional storage.

The transaction was managed by senior associate Hanna Żarska with the support of associate Adrianna Kończak from Dentons’ Real Estate team in Warsaw. Managing counsel Tomasz Krasowski advised on the tax aspects of the transaction.

Dentons triumphs at the jubilee edition of CEE Investment Awards

For the 10th time in a row, Dentons has won the “Law Firm of the Year” title at the 2020 edition of CEE Investment & Manufacturing Awards, organised by EuropaProperty. During the gala event held online on 29 October 2020 as a culmination of the CEO Networking Forum 2020, the awards were granted in 34 categories to companies and individuals that were the most successful in the investment market last year. Additionally, Judit Kővári, Head of Dentons’ Real Estate practice in Hungary, was shortlisted for the “Professional of the Year” award.

“CEE Investment & Manufacturing Awards is an important event for the entire real estate industry. Our victory at this year’s jubilee edition is unique for us because it recognises a leading position of Dentons’ Real Estate team in Poland and the entire Central and Eastern Europe region, and acknowledges our colleague from Budapest to be amongst top professionals in CEE” – said Paweł Dębowski, Co-Head of Dentons’ Europe Real Estate group.

CEE Investment & Manufacturing Awards is a highly prestigious event in the real estate sector, focused on investments and sustained growth opportunities in the CEE region. At each annual gala, awards are handed in to the largest and most interesting projects, best professionals and firms with record results in the previous year, all of the above done with a view to fostering continued market growth. The winners are selected by an international jury consisting of real estate market experts from Poland and the CEE region.

Dentons wins two CSR awards for the Greece Pro Bono Collaborative

Dentons has won two awards, together with five other firms, for its involvement in the Greece Pro Bono Collaborative. The Collaborative received awards for ‘Innovation in Social Responsibility’ at the Financial Times Innovative Lawyers Awards Europe, and for ‘CSR Innovation (Multi-Firm) at the Legal Innovation Awards.

In addition to Dentons, the other members of the Collaborative include Orrick, Herrington & Sutcliffe; White & Case; Ashurst; Allen & Overy; Charles Russell Speechlys; and the NGO, European Lawyers in Lesvos (ELIL).

There are more than 100,000 asylum seekers in Greece, most of them living in terrible conditions. Based on the island of Lesvos, the Collaborative aims to assist with the migration crisis by increasing migrants’ access to legal services, monitoring issues of process and rule of law, and building legal capacity in Greece. Volunteers travel to Lesvos to help asylum seekers with first instance interviews and family reunification with support from ELIL, which has provided free legal assistance on Lesvos through its team of full-time Greek asylum lawyers and volunteers since July 2016.

Haya Moubaydeen, associate in Dentons’ Amman office who travelled to Lesvos, said, “I was moved to act when I saw families, who have already gone through so much, being forced to live in overcrowded and difficult conditions. It was heart-wrenching to witness their plight but very rewarding to be able to help, even if in a small way.”

Bas Legger, associate in Dentons’ Amsterdam office who also travelled to Lesvos, added, “I am happy to have been the first lawyer to participate on behalf of Dentons in the Greece Pro Bono Collaborative. This project combines the strengths of six international law firms to support European Lawyers in Lesvos. At the time I went to Moria, there were 13,000 people in a camp with room for 3,100. When you walk past the tents in Moria and listen to the stories of the people there, it’s hard not to be thankful for what we have and want to help those in need.”

ELIL is a joint initiative of the Council of Bars and Law Societies of Europe (CCBE) and the German Bar Association (DAV). Dentons has provided pro bono support to ELIL since its inception and advised ELIL on its legal structure and implementation in nine European jurisdictions, which culminated in ELIL’s incorporation in Germany as a charitable limited liability company.