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Month: June 2020

Breakfast with public procurement at act BSWW: COVID-19 and its impact on performance of public procurement contracts. New Public Procurement Law Act – agreements.

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We would like to invite you to our business breakfast at which we are going to focus on changes to the public procurement law, arising from the so-called “Shield 4.0” and the new Public Procurement Law Act that will come into effect as of January 01, 2021.

Agenda:

1. COVID-19 and its impact on performance of public procurement contracts
– automatic amendments to agreements
– circumstances that give rise to such amendments
– contractual penalties
– relations with subcontractors

2. New Public Procurement Law Act – agreements
– abusive clauses
– specific components of agreements
– application of contractual penalties
– amendments to agreements
– agreement performance and reporting

The breakfast will be combined with a discussion on participants’ professional experience and answers to questions covering the issues listed above.

Speakers:

Sebastian Pietrzyk
Co-Head of Public Procurement
+48 606 406 531
sebastian.pietrzyk@actlegal-bsww.com

Marcelina Daszkiewicz
Co-Head of Public Procurement
+48 665 667 670
marcelina.daszkiewicz@actlegal-bsww.com

Date and place:

July 9, 2020 (Tuesday), 9:30 a.m.
act BSWW, ul. Skorupki 5, Warsaw

Please confirm your participation. Places are limited and will be allocated on a first-come first-served basis.
RSVP: ewa.cacaj@actlegal-bsww.com, until July 3, 2020

Mateusz Prokopiuk makes partner at act BSWW

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Mateusz Prokopiuk, attorney-at-law, has just joined the group of act BSWW’s partners.

He has been with the law firm since 2012.

Mateusz specializes in real estate law, real estate transactions (share and asset deals), due diligence audits, mergers, acquisitions and investment financing.

His professional focus is on transactions involving the sale/purchase of land lots for office, retail and residential developments. He negotiates financing conditions for notable real estate investment projects (incl. large shopping centers), while also advising companies from other market sectors on complex financing processes. Mateusz supervises due diligence audits related to the transactions that he handles. His experience also includes consulting on mergers (incl. cross-border ones) and acquisitions, as well as providing ongoing legal advisory services for companies operating across a wide range of industries.

“Mateusz is vital member of the real estate and investment financing teams, highly appreciated by clients for his knowledge and hard-working approach. We are glad to welcome him among the law firm’s partners,” says Michał Wielhorski, Managing Partner at act BSWW, Co-Head of the Real Estate Practice.

Real estate advisory is among act BSWW’s core competencies.

act BSWW to move to new downtown office at Varso Place

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act BSWW, one of Poland’s largest law firms and a member of the European act legal group, has leased over 2,000 square meters of the office space at Varso Place, considered among the most modern and prestigious multifunctional developments currently under construction in Poland, and boasting features that make it unique in Europe.

With the relocation scheduled for late 2020, the law firm is going to occupy two levels in one of the buildings emerging as part the project.

– Our choice was based on a variety of factors, including the complex’s downtown location (right next to the Central Warsaw Railway Station), its prestigious nature and a broad range of amenities for our clients and staff, such as large parking capacity, high-end hotels, restaurants and modern retail units, says Michał Wielhorski, Managing Partner at act BSWW.

Among others, the complex is going to have a Zdrofit fitness club, a medical facility, a hotel, a dry-cleaning shop and grocery stores. The office buildings have direct access to the Złote Tarasy shopping mall and the Central Warsaw Railway Station.

– We want the new seat of act BSWW to serve as act legal’s showpiece in Poland, adds Piotr Wojnar, Managing Partner at act BSWW.

Located in the very heart of Warsaw, Varso Place is a unique new development designed for business, residents and tourists. It is made up of three towers set along the western section of Chmielna street. Its most prominent feature will be the 310-meter-high tower about to become the European Union’s highest building.

– We are glad to learn that our colleagues from Warsaw are moving to a complex featuring the tallest building in the European Union, currently being constructed by HB Reavis, a leading international developer with landmark projects across the EU, that also happens to be our client. Our Bratislava office is located in HB Reavis’ Twin City Tower, say Milan Malata and Vincent Hegedűš, Partners at act legal Slovakia.

act BSWW has been building its reputation among Polish and foreign clients for almost 20 years. The law firm provides ongoing legal services to businesses, consults on prestigious transactions and handles complex litigation. It is one of the founding members of act legal, a European alliance of law firms operating in 11 countries. act legal has over 400 lawyers, tax advisors and business experts.

ONLINE COURSE: Register of shareholders and security interests in shares

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An online training course on select practical problems from the creditors’ point of view, related to the use of security interests in shares in light of the mandatory dematerialization of shares, will be held on June 30, 2020, from 9:00 a.m. to 5:00 p.m.

Participants are free to ask questions and discuss relevant issues.

Speakers:
Jakub Salwa – Partner, and Michał Pawlak – Senior Associate, act BSWW
Krzysztof Dziubiński – CFA, Member of the Board, and Bartosz Krzesiak – Share Issue Department Director, DM Navigator

The course is organized by CEETA.

The program and registration form are available here.

Feel invited to join.

act BSWW advises Adventum International on purchase of an office building in Wrocław

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Adventum International, an investment fund operating internationally, has purchased an office building located at Plac Orląt Lwowskich in Wrocław.

Covering a usable area of over 17,000 sq.m., the building (“Centrum Orląt”) is located in a city center of Wrocław, nearby the Old Town.

Thanks to this transaction, the Polish portfolio of Adventum’s offices has grown to 63,000 sq.m.

– Centrum Orlat has an excellent location and strong property fundamentals. Our strategy with the asset is to undertake a full refurbishment program, transforming it into a modern, energy-efficient Class A office building with BREEAM certification. Leasing of the property has already commenced, with Centrum Orlat re-opening its doors in Q1 2021 – says Andras Marton, Business Development Director at Adventum International.

act BSWW advised Adventum throughout the purchase. The services provided by the law firm included due diligence of the property, drafting transaction-related documents, negotiation support and transaction-related advice.

The project team was led by Marta Kosiedowska (attorney-at-law, Partner) under supervision of Marek Wojnar (attorney-at-law and Managing Partner, co-heading the real estate practice of the law firm). Due diligence audit was prepared under the direction of Michał Sołtyszewski (attorney-at-law, Partner).

– It is the fourth project acquired by the fund in Poland over the last year; Adventum International has already purchased Poznań Financial Centre (Poznań), Renaissance Plaza (Warsaw) and Katowice Business Point (Katowice) – says Marta Kosiedowska, Partner at act BSWW. We had the opportunity to assist the Client on all four transactions – she adds.

Adventum is a group of boutique investment fund management companies focused on Central European real estate investments. The Group’s personnel includes highly experienced real estate professionals with CFA, NRW and MRICS qualifications, with a combined investment experience of 70+ years. The management has so far executed investments in the CEE region with a total value of over EUR 1.5bn.

The seller was represented by Deloitte Legal.