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Norton Rose Fulbright Appoints New Leadership in Warsaw

Warsaw is the capital and largest city of Poland. The metropolis stands on the River Vistula in east-central Poland and its population is officially estimated at 1.8 million residents within a greater metropolitan area of 3.1 million residents, which makes Warsaw the 7th most-populous capital city in the EU. 

Norton Rose Fulbright has appointed Grzegorz Dyczkowski, the head of its Warsaw banking and finance team, as managing partner of the Warsaw office. Grzegorz succeeds Piotr Strawa, the founder of Warsaw office of Norton Rose Fulbright who has served as managing partner since 2000.

Norton Rose is an international law firm. It is the second largest law firm in the United States and one of the ten largest in the world, by both lawyers and revenue. In 2017/18, Norton Rose Fulbright had total revenue of US$2.1 billion.

Regarding his new role, Grzegorz said: “I’m honoured to be appointed to the role of managing partner of Norton Rose Fulbright in Poland. With the support of my colleagues, we will continue to establish our practice as a leader in several areas of law: banking and finance, mergers and acquisitions and corporate and real estate.

Together with our Warsaw lawyers and by collaborating with other offices worldwide, we will enhance our reputation, nationally and globally, as a prominent law firm. I would like to thank Piotr Strawa for his contribution to the success of Norton Rose Fulbright in Poland.

Piotr has served as the managing partner for twenty years and, only because of his commitment and work, our law firm enjoys its present position and recognition.”

An Attorney-at-Law since 1998, Grzegorz joined Norton Rose Fulbright in 2003 and was appointed a partner in 2006. By effecting a change of the managing partner, the firm is also now renamed as Norton Rose Fulbright Dyczkowski and Partners, Limited Partnership.

Dentons Law Firm Advises Aviva Investors

Dentons is a multinational law firm. Dentons was the world’s 5th-largest law firm by revenue, with $2.9B gross revenue in fiscal year 2019. The firm is called Dentons in all languages other than Chinese, in which it is called 大成.

Dentons advised Aviva Investors on the sale of a portfolio of two warehouses to a construction company managed by Dentons advised Aviva Investors on the sale of a portfolio of two warehouses 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 with a total of 9000 square metres of gross floor area.

Wroclaw Business Park is a logistics centre comprising two modern warehouse buildings of 4800 square metres and 4500 square metres developed according to highest class A standards.

The minimum unit size for rent is 900 square metres Park offers truck courts for manoeuvring, parking spaces and 24 h security.

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 Scoops Trophies at CEE Investment Awards

Dentons law firm has won the “Law Firm of the Year” title at the 2020 edition of CEE Investment & Manufacturing Awards, organised by EuropaProperty.

Dentons is a multinational law firm. Dentons was the world’s 5th-largest law firm by revenue, with $2.9B gross revenue in fiscal year 2019. The firm is called Dentons in all languages other than Chinese, in which it is called 大成.

During the gala event held online on 29 October 2020 as a culmination of the Chief Executive Officer 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.

This annual spectacle is recognised as one of the most important and valuable real estate events in Central and Eastern Europe.

The forum and main awards gala will be a hybrid style event celebrating and recognising the top-performing companies from the region for their phenomenal achievements in commercial real estate.

“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.

Hogan Lovells Warsaw Wins Freedom of Speech Case

At the request of the Helsinki Foundation for Human Rights, the lawyers from Hogan Lovells Warsaw represented the Malta Foundation in the court case concerning an unpaid subsidy. The Polish Ministry of Culture and National Heritage decided not to follow the terms and conditions of the concluded contract, and refrained from paying out the granted subsidy for the Malta Festival.

In its press releases, the Ministry revealed that it had disagreed with performances previously carried out by Mr Oliver Frljić, one of the festival’s curators. The Circuit Court in Warsaw awarded the Malta Foundation’s claim in its entirety. Recently, on 8 July 2020, the Appellate Court in Warsaw dismissed the Ministry’s appeal.

This case has set a precedent. It was the first case in which the Polish Ministry for Culture decided not to pay out a granted subsidy due to its disapproval of one particular artist. A theatre director Mr Oliver Frljić was one of the festival’s curators. He also happened to be the author of the play The Curse, which created a great deal of controversy in some sections of society, and was met with accusations of offending religious feelings.

The Constitution of the Republic of Poland guarantees everyone freedom of artistic expression and freedom to enjoy cultural events. In Poland, culture is financed mainly from public national funds. Leaving the Ministry in sole charge of the decision whether to pay out the granted subsidy creates a risk of the soft censorship. Therefore, it is critical that the Ministry follows the rules to which it originally consented in the concluded subsidy agreement.

In the Malta Foundation case, the court clearly stated that the Ministry violated its obligations. The judge explained that the choice of the curator could not have served as sufficient reason for the Ministry’s failure to pay out the granted subsidy. The contract did not give the Ministry the power to freeze the money because of its, even acute, dislike of Mr Oliver Frljić.

The case is being handled under the Helsinki Foundation for Human Rights’ Precedent Matters Program. The Malta Foundation was represented, pro-bono, by the lawyers Dr Wojciech Marchwicki and Mr Przemysław Tacij from the Hogan Lovells Warsaw office.

Hogan Lovells Advised ISOC Group on Latest Acquisition

An acquisition is when one company purchases most or all of another company’s shares to gain control of that company. Purchasing more than 50% of a target firm’s stock and other assets allows the acquirer to make decisions about the newly acquired assets without the approval of the company’s other shareholders.

The Hogan Lovells Warsaw Office have advised ISOC Group in the acquisition of the A and B buildings of the Silesia Business Park from the Swedish investor, Niam.

The Silesia Business Park is located in the most dynamic business district in Katowice, Poland and the transaction involved two class A office buildings with a leasable area of over 24000 sq.m. The transaction means that ISOC Group will become the exclusive owner of the entire Silesia Business Park complex and the acquisition marks another real estate investment of the ISOC Group in the Polish market.

ISOC Group is a real estate and industrial infrastructure investment company based in the Philippines, with stakes in telecommunications, logistics and cold chain. In 2019, ISOC was shortlisted for the real estate Eurobuild Investor of the Year award.

On the Purchaser’s side, the transaction was executed by counsel Bartosz Clemenz; Head of Hogan Lovells Warsaw real estate practice, partner Marek Grodek, supervised the transaction and coordinated the multidisciplinary legal team.

The full real estate transaction team comprised of senior associates Ewa Kraszewska, dr Katarzyna Sulimierska, associate Adam Nowosielski, as well as lawyers Paweł Gnaś, Daria Kostewicz and Karolina Samocik. Partner Piotr Zawiślak, and senior associate Mateusz Dereszyński advised on the financing aspects of the transaction while counsel Ewa Kacperek, and Weronika Wołosiuk advised on intellectual property law.

This is another significant deal concerning Asian investment into commercial property in Poland, which the Hogan Lovells Warsaw office have recently been involved in.

K&P Authors Report On M&A Market Structure

K&P provides specialised services in ten key sectors. By focusing on these key sectors our clients can be assured that we not only provide standard legal services, but our deeper understanding, knowledge and market intelligence of the industry sectors will ensure the absolute highest level of service, enabling us to deliver legal solutions tailored to those sectors without compromising our ability to assist in areas that we have traditionally been known for, such as intellectual property, litigation, international and investment arbitration, capital markets, corporate and mergers and acquisitions, trade and distribution.

The K&P Transaction Advisory and Analysis team has prepared a report on the structure of the mergers and acquisitions market in Poland. The report presents an in-depth analysis of current trends in the mergers and acquisitions market and phenomena affecting its structure in the first half of 2019.

As a Polish law firm, we firmly believe in the strength of Poland as a leading global economy, and take an integral part in its growth. We assist foreign companies conducting business and investing in Poland, not just from a narrow legal perspective, but in the wider aspect of assisting companies through finding the right business partners, in tender processes and governmental relations and / or lobbying.

At the same time, with the Polish economy maturing, and Polish companies developing, we foresee that Polish companies will play a crucial part in the world economy for the future.

The report presents the situation on the mergers and acquisitions market in terms of value and number of transactions across particular sectors, origin of the capital, supply side of the market, type of investors, blocks of shares purchased, as well as potential events that may impact the market.

We are already seeing a wave of branches and subsidiaries of Polish companies sprouting in other European countries, Asia, India, the Middle East and Africa. Our firm is shaped to stand by these Polish companies from their inception and to provide complete assistance in the long term, to assist them in achieving their goals and objectives.

It is our conviction that by having a long-standing relationship with our clients, we understand their business and industry better, we know their objectives, and in doing so we are able to adapt accordingly, but more importantly, stand shoulder-to-shoulder with our clients in a fully trusted relationship at every step of their development.