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Dentons appoints three partners to European leadership roles

Global law firm Dentons has announced the appointment of three partners to European practice and sector leadership roles. Anita Horváth will co-lead the Europe Energy sector group, Christopher Rose will lead the Global Private Services sector group within Europe, and Thomas Schubert will lead the Europe Venture Technology and Emerging Growth Companies group.

Anita Horváth

As Co-head of the Europe Energy sector group, Anita Horváth will serve alongside fellow co-head, Arkadiusz Krasnodębski, to further develop Dentons’ transactional offering within the energy sector. Based in Budapest, she is among the premier lawyers advising on complex domestic and cross-border M&A, joint ventures and private equity transactions in Hungary, and frequently leads multi-jurisdictional deals. In addition to her regional appointment, Anita was also recently named Co-head of the Corporate and M&A practice in Hungary, alongside partner Rob Irving. She has been a partner at Dentons since 2015.

”Having advised most of the premier energy players on their strategic projects in Hungary and CEE, I look forward to replicate our Energy team’s success on a European level. As Dentons is home to the largest energy-focused team of lawyers in the world, in my new role, I plan to further enhance our strength in advising developers, investors, contractors, financiers, governments and regulators on their energy sector related projects.” commented Anita Horváth.

Christopher Rose

In his newly created role, Christopher Rose will establish and lead the Global Private Services group within continental Europe to provide cross-sector and cross-practice legal advisory services to ultra-high-net-worth individuals and family offices around the world. Rose has been a partner and Head of the Europe Venture Technology and Emerging Growth Companies group at Dentons since 2017. He advises on cross-border venture and growth capital investments, as well as mergers, acquisitions and joint ventures. An emerging markets specialist, he has advised on over 250 transactions in Russia, the Middle East, Central and Eastern Europe, Asia and Africa. He regularly represents emerging growth companies in all stages of development, with a particular focus on e-commerce, food and beverage, technology and entertainment.

“Over the past several years, I have worked extensively with high-net-worth individuals and family offices, advising them primarily on their investments and acquisitions. This new role goes far beyond that,” said Christopher Rose. “Whether our clients need support with their venture capital, private equity or real estate deals, tax issues, estate planning, dispute resolution, or regulatory matters, our Global Private Services group will act as their ‘concierge’ to our global firm. We will pull together the right team of Dentons professionals, provide them with transparent fee quotes and manage their projects from beginning to end to ensure the best results.”

Thomas Schubert

Thomas Schubert, a partner in the Berlin office, will take over as Europe Head of the Venture Technology and Emerging Growth Companies practice from Christopher Rose. Schubert has significant experience in technology M&A and in assisting aspiring growth companies on the implementation of innovative digital business models, including blockchain technology. A well-regarded transactional lawyer, he advises on M&A deals, private equity investments, venture capital transactions and joint ventures. He is also respected for his work in the energy and renewable energy sector, and he will continue in his role as Co-Head of the Energy section of the Europe Regulatory group. He has been a partner at Dentons since 2015.

Thomas Schubert commented, “Digitisation is fundamentally changing about every industry sector. This calls for a totally new approach of doing business. Continued investments in new innovative business models by VC funds as well as corporate investors will be key for a successful transition. I am honoured to taking over the coordination and lead of Dentons’ European Venture Technology Group with the goal of further growing our interaction with and impact on the global ecosystem.”

Tomasz Dąbrowski, CEO of Dentons Europe, commented on the appointments, “Dentons remains strongly committed to our strategy to enhance our offering in key sectors and practices across the European continent. I am therefore delighted that three talented partners – Anita, Chris and Thomas – will use their experience and creativity to further develop quality, innovative solutions for our clients.”

Dentons closes second supermarket portfolio sale

Dentons has closed its second supermarket portfolio sale for the John Lewis Partnership in the space of a week. The freehold of six Waitrose supermarkets have been acquired by real estate investment trust Supermarket Income REIT for £74.1m. The stores, which will continue to trade as normal, will be leased back to Waitrose for 20 years (with a tenant break at year 15).

Located in Eastbourne, Edenbridge, Ely, Oundle, Sandbach and Sudbury, the stores have an average gross internal area of 32,000 sq ft.

Last week Dentons advised the John Lewis Partnership on the sale and leaseback of five Waitrose Limited stores to property investor LondonMetric for £62 million.

Deepa Deb, head of Dentons’ UK Real Estate practice commented, “This is the second portfolio sale of supermarkets we have closed for longstanding client the John Lewis Partnership in the space of a week. All of these Waitrose stores have a solid trading record and it evidences that the investment market in supermarkets remains strong in the current climate.”

Deepa Deb was assisted by associates Amy Smith, Alexis Condie, Rachel Dunn and Calum McKenzie.

Over the past year, Dentons’ UK Real Estate team has advised on several high profile transactions such as Doosan Babcock’s continued occupation of its site in Renfrew (billed as Scotland’s largest industrial property deal in 2019), Sports Direct’s sale and leaseback of its Derbyshire distribution centre, and the sale of the Hampton by Hilton at Bristol Airport to Ability Group.

Dentons has launched several tools for businesses over the past few months to help with real estate issues related to COVID-19 across England, Wales and Scotland, including the COVID-19 Interactive Agreement Tool Kit and COVID-19 Interactive Lease Tool Kit. See all insights and resources on Dentons’ global COVID-19 hub.

Dentons advises on ACS Group’s €500 million NEU-CP Program

Dentons, the world’s largest law firm, has advised Spanish-based multinational construction group, Actividades de Construcción y Servicios, S.A. (ACS), on the renewal of its €500 million Negotiable European Commercial Paper (NEU-CP) Program. The NEU-CP program is registered with the Central Bank of France, with the involvement of BNP Paribas, BRED Banque Populaire, Crédit Agricole Corporate and Investment Bank, ING Bank N.V. and Natixis, as dealers for the Notes.

Headquartered in Madrid, the ACS Group is a worldwide leader in construction and services. It is currently the only non-financial issuer with a NEU-CP Program registered with the Central Bank of France.

Dentons’ Capital Markets group in Madrid advised ACS on all aspects of the transaction. Partner Ignacio Corujo led and coordinated the transaction with the support of junior associate Ana Artola.

Ignacio Corujo joined Dentons in January this year to establish and lead the Capital Markets group in Spain. In addition to this most recent deal for ACS, he has closed several high-value debt capital markets deals since his move, including most notably, Grupo Cajamar’s €1 billion issuance of mortgage bonds, as well as Sacyr’s renewal of its €500 million EMTN Program.

About Dentons

Dentons is the world’s largest law firm, connecting talent to the world’s challenges and opportunities in more than 75 countries. Dentons’ legal and business solutions benefit from deep roots in our communities and award-winning advancements in client service, including Nextlaw, Dentons’ innovation and strategic advisory services. Dentons’ polycentric and purpose-driven approach, commitment to inclusion and diversity, and world-class talent challenge the status quo to advance client and community interests in the New Dynamic.

Anita Horváth appointed co-head of the Europe energy group

We are delighted to announce the appointment of partner Anita Horváth as co-head of the Europe energy group. Serving alongside fellow co-head, Arek Krasnodębski, she will focus on further developing our transactional work within the energy sector.

Anita is among the premier lawyers advising on complex domestic and cross-border M&A, joint ventures and private equity transactions in Hungary and the region, due to her excellent international reputation, clients increasingly call on her to lead multijurisdictional transactions. In addition to her regional appointment, Anita has also recently been named co-head of our Corporate and M&A practice in Hungary, alongside Rob Irving.

We congratulate Anita on her appointment, and wish her continued success in her new roles.

About Dentons

Dentons is the world’s largest law firm, delivering quality and value to clients around the globe. Dentons is a leader on the Acritas Global Elite Brand Index, a BTI Client Service 30 Award winner and recognised by prominent business and legal publications for its innovations in client service, including founding Nextlaw Enterprise, Dentons’ wholly owned subsidiary of innovation, advisory and technology operating units. Dentons’ polycentric approach, commitment to inclusion and diversity and world-class talent challenge the status quo to advance client interests in the communities in which we live and work.

Dentons advises shareholders of VRmagic on the sale of their shares

Global law firm Dentons advised the Board of Directors and shareholders of VRmagic on the sale of 77 percent of their shares in the company to the Swiss medical technology company Haag-Streit.

VRmagic was founded in 2001 and is a pioneer in virtual and augmented reality technology for medical training. The solutions developed by VRmagic enable realistic simulation of examinations and operations on the eye. The company has special expertise in the development of camera systems for high-precision optical tracking. With its Eyesi® product group, VRmagic is the market leader in the training of ophthalmologists.

With this acquisition, Haag-Streit is expanding its ophthalmology product portfolio in the key area of medical training. The transaction follows a four-year collaboration between the two companies to develop a simulator for slit lamp examinations, an important instrument for microscopic examination of the human eye.

A Dentons team led by partner Robert Bastian advised the Executive Board and the shareholders of VRmagic on the sale. Bastian has advised the company’s largest shareholder Leonardo Venture on numerous transactions over the past years.

Dentons opens offices in the British Virgin Islands and Saint Lucia

Dentons has opened offices in the British Virgin Islands and Saint Lucia as part of its expansion plans in the Caribbean. Dentons is the only Pan-Caribbean law firm, and with more offices in all of Latin America and the Caribbean than any other law firm, Dentons is the first truly Pan-Latin American and the Caribbean law firm in the history of the legal profession.

The British Virgin Islands is widely recognised as a leading international financial centre principally due to its internationally recognised regulatory regime, a well-developed and professional corporate infrastructure, efficient company formation and administration processes, political and economic stability, an internationally renowned and respected commercial court and tax-neutrality. The British Virgin Islands is a world leader for excellence and innovation in financial services and plays an essential role in the global economy. The BVI Business Company is widely used globally as the core of many private wealth, investment and joint venture structures.

“Dentons’ new offices in the British Virgin Islands and Saint Lucia enable us to meet client needs in two additional priority Caribbean markets for our clients,” said Elliott Portnoy, Global CEO of Dentons. “We can now connect our clients to our leading talent in the British Virgin Islands and Saint Lucia as well as to our 19,000+ people in 184 locations across 76 countries around the globe.”

“Dentons continues to execute its strategy to scale the firm across the Latin America and the Caribbean region despite the unprecedented challenges created by COVID-19,” said Joe Andrew, Global Chairman of Dentons. “With offices in 25 countries, Dentons is now present in virtually all of Latin America and the Caribbean – a true differentiator for our clients.”

“Since entering the region in 2016, Dentons has combined with elite firms across Latin America and the Caribbean,” said Jorge Alers, the Latin America and the Caribbean Region CEO of Dentons. “Our new offices in the British Virgin Islands and Saint Lucia complement our strategy to enhance our offshore practices across the Caribbean , as well as in other offshore financial and corporate centers, such as Panama, Uruguay, Mauritius, Ireland, Luxembourg, Hong Kong and Singapore.”

Dentons’ new office in the British Virgin Islands is led by partner Stuart Bruce who has extensive experience handling complex, high-value cross-border matters across Banking and Finance, M&A, Private Equity and Joint Ventures, Corporate and Regulatory advice. In Saint Lucia, Dentons has expertise in Banking and Finance, Corporate, Construction, Employment and Labour, Financial Institutions, Government, Hotels and Leisure, Insurance, Litigation and Dispute Resolution, Public Law and Real Estate.

So far in 2020, Dentons has launched six combinations: Dentons Bingham Greenebaum and Dentons Cohen & Grigsby, the first step in forming a truly national law firm in the United States as part of Dentons’ “Project Golden Spike,” Dentons Kensington Swan in New Zealand, Dentons Lee in South Korea, Dentons Jiménez de Aréchaga in Uruguay and Dentons Rattagan Macchiavello Arocena in Argentina.