PL

Danyila Zubach on WEB3: Impact The Economy Summit

WEB3: Impact the Economy was a discussion about the realities and opportunities of WEB3economy.

It gathered policymakers, founders, CEOs of technology companies and fast-growing startups, experts and tech geeks.

+ Is WEB3 economy shrinking its potential amid hostility from policymakers and weakening business outlook?
+ Is WEB3 becoming a resilient alternative amid global recession and cooling of traditional economy?
– checked Danyila Zubach by sharing insights and connect with industry leaders, who were capable of harnessing the energy of uncertainty of chaos.

More about the conference HERE.

Vilnius is the 1st largest fintech hub in the EU in terms of licensed companies and is ranked the 10 best country in the world for fintech. Lithuania is the leading country in the world by number of registered virtual assets service providers.

B2RLaw in the Bay Area and Silicon Valley on 24th October – 1st November

Here we go again on our US roadshow! Meet us in the Bay and Area Silicon Valley on 24th October – 1st November: Rafał Stroiński, Roman Iwański, Julia Stroińska.

For over 30 years, Poland has been attracting foreign investment capital, because of it’s business location in CEE, receptive market and large employee resources. According to the latest report of American Chamber of Commerce in Poland and SGH Warsaw School of Economics, the value of investments by US companies in Poland corresponds to 4.1%. Polish GDP. Let’s develop this potential with people with a growth mindset.

B2RLaw advised Everfield UK Limited in the acquisition of 100% of the shares of a Polish start-up – Grafik Optymalny

Everfield is an international IT group that invests in companies with specialized software that solves operational problems for businesses. They provide capital support, assistance in developing offerings, and opportunities for international expansion.

Everfield’s portfolio includes Germany-based SoCom, which has been operating for three decades and offers an ERP system for the textile industry, and Latvia-based AGroup, which provides HR software for corporate payroll. Everfield has recently made its inaugural investment in the Polish market, taking full control of Grafik Optymalny, and acquiring 100% of its shares, thus expanding its portfolio with another HR product.

Grafik Optymalny is a start-up founded in 2014, offering a system that automates work time scheduling using artificial intelligence (AI). The platform optimizes HR costs and simplifies scheduling through a cloud-based solution offered in a SaaS model. Grafik Optymalny streamlines and digitizes the full range of HR processes, such as time and attendance, leave management, and remote work coordination. The platform is utilized by hundreds of companies across various industries.

The company’s founders, Karolina Dolaś and Grzegorz Galos, will retain their current roles and continue to lead the company’s development, leveraging Everfield’s support, resources, and know-how.

B2RLaw’s advice included conducting due diligence on the acquired company, followed by negotiating an agreement covering the purchase of 100% of its share capital, and drafting all other transaction documents.

Everfield UK Limited was represented by a transaction team led by Rafał Stroiński (Advocate, Managing Partner) in close cooperation with Bogdan Duda (Attorney-at-law, Partner). The team consisted of Paulina Wyrostek (Attorney-at-law, Counsel), Magdalena Borychowska (Advocate Trainee, Junior Associate) and Magdalena Kułakowska (Junior Associate).

B2RLaw advises Vestas on the acquisition of the ST3 Offshore for over PLN 170 million

B2RLaw advises Vestas on the acquisition of the ST3 Offshore for over PLN 170 million.

Vestas, the Danish global giant in the wind turbine market, has just signed an agreement to purchase ST3 Offshore – the Szczecin factory. This enterprise forms the basis for the establishment of a factory for components for offshore wind farms in Szczecin. The factory will create hundreds jobs in Szczecin and several thousand more indirectly. It is expected to meet domestic and global demand for offshore wind energy and thus play a key role in achieving Poland’s energy transition goals, aiming to maximise offshore wind energy potential with a total capacity of up to 18 GW by 2040.

This is another step in the development of the offshore sector in Poland. The acquisition of ST3 Offshore, bankrupt in 2020, was made in the 6th tender for its sale. B2RLaw advised on all legal aspects related to the acquisition of the bankrupt company, including obtaining ministerial approval for the acquisition (this process, due to its complexity, took more than six months).

The B2RLaw team was led by Andrzej Zając (Advocate, Partner, Head of the Energy and Real Estate Practice), with the support of Bogdan Duda (Attorney-at-law, Partner) and Konrad Czernecki (Attorney at Law Trainee, Associate).

Andrzej Zając, Advocate, Partner, Head of the Energy and Real Estate Practice at B2RLaw advises: ”Vestas is a leading supplier to the Polish onshore wind energy market and has been present in Poland for many years. When Poland is particularly turning its attention to offshore wind energy and offshore is seen as a key solution to current national and global energy challenges, it is great to see our client as a leader once again, playing a key role in the Polish energy market. We would like to thank the Vestas team for entrusting us to advise on this key and challenging project and we look forward to its completion.”

Rafał Stroiński, Advocate, Managing Partner at B2RLaw adds, ”It is a great honour to support a client like Vestas on this transaction. The Danish wind turbine manufacturer is becoming the leader of the Polish offshore market, creating an environment for its development also for other players. Vestas is creating the conditions for the development of our country as a European offshore leader, while contributing to the energy security of our country and region. B2RLaw’s involvement in this project is another milestone in strengthening our position as a leader in legal services for the offshore sector in Poland.”

B2RLaw’s team advised IQ Biozoom in connection with the investment support received from VC Link

B2RLaw’s team advised IQ Biozoom in connection with the investment support received from VC Link.

IQ Biozoom is a Polish start-up developing technology for non-invasive monitoring of levels of biochemical substances in the body, such as glucose, cholesterol, and other biomarkers. The company is currently working on developing a device at the heart of which is a biosensor, manufactured using so-called jet printing, based on a proprietary design of advanced semiconductor devices, such as thin-film transistors, among others. The technology is not yet in commercial use. The company has just received investment support from the VC Link fund.

The fund’s portfolio mainly includes entities developing innovative technologies for the industrial, high-tech, and IT sectors.

B2RLaw’s transaction team advised IQ Biozoom at all stages of the transaction process, including the preparation and negotiation of transaction documents, the closing of the transaction, and the registration of the resulting amendments.

IQ Biozoom was represented by a transaction team consisting of Agnieszka Hajos-Iwańska (Advocate, Partner) and Magdalena Borychowska (Advocate Trainee, Junior Associate).

Julia Stroińska at the Modern Lawyer’s Conference “Law and Technology in the 21st Century”

Today at the Modern Lawyer’s Conference ”Law and Technology in the 21st Century“, organised by the Center for American Studies Poland, Julia Stroińska, Junior Associate, will lead the panel: ”AI as a creator: Navigating the legal maze of IPrights in ​AI-generated works​”.

Other Keynote Speakers:

+ Susanna Frederick Fischer (The Catholic University of America, Columbus School of Law)
+ David Opderbeck (Seton Hall University)
+ Richard Bales (Ohio Northern University)
+ James Cooper (California Western School of Law)
+ Kashyap Kompella, CFA
+ Tytus Cytowski (Cytowski & Partners)

B2RLaw as Legal Partner at Warsaw Security Forum 2023

The Warsaw Security Forum (”WSF”) is one of the leading European conferences dedicated to transatlantic cooperation and focusing on developing shared responses to common challenges, with an emphasis on the security of Central and Eastern Europe.

B2Rlaw is honored to once again support the event as a Legal Partner, especially for the 10th anniversary edition.

Since its inception, the Warsw Security Forum is organized by the Casimir Pulaski Foundation, in strategic partnership with NATO and the National Security Bureau to the President of the Rupublic of Poland. The 10th anniversary edition of WSF welcomes over 2000 participants, 200 speakers from more than 90 countries, including Presidents, Prime Ministers, more than 30 Ministers of Foreign Affairs, Defence, and Energy, Members of Parliament, as well as NATO, EU and OSCE delegations.

B2Rlaw is represented by:

+ Rafał Stroiński – Advocate, Managing Partner

+ Bartłomiej Jankowski – Advocate, Managing Partner

+ Roman Iwański – Advocate, Partner

+ George Havaris – Solicitor, Partner

+ Julia Stroińska – Junior Associate

More about the Warsaw Security Forum here.

B2RLaw’s experts author The Legal 500: White Collar Crime Country Comparative Guide

B2RLaw’s experts: Bartłomiej Jankowski (Advocate, Managing Partner), Kinga Karaszewska (Advocate, Associate) and Jakub Przybyliński (Advocate, Associate) have once again been invited to author the Polish chapter of The Legal 500: White Collar Crime Country Comparative Guide.

The Legal 500’s Country Comparative Guides are produced in association with the world’s leading lawyers and give the in-house community a practical overview of the laws and regulations in key jurisdictions, for specific practice areas.

Each country chapter is written by a renowned firm in an easy to use Q&A format. The Hot Topic articles provide analysis of current trends and developments within particular practice areas, giving Legal 500’s readership, made up of GC’s, In-House Counsel and Senior Executives, a deeper understanding of pressing issues within the specified sector.

The aim of The White Collar Crime Country Comparative Guide is to provide its readers with a pragmatic overview of the white collar crime laws and regulations across a variety of jurisdictions. This country-specific Q&A provides an overview of White Collar Crime laws and regulations applicable in Poland.

Read the full report here.

B2RLaw advised White Star Real Estate on the sale of a group of companies from the short-term lease market sector to Renters.pl

B2RLaw advised White Star Real Estate on the sale of a group of companies from the short-term lease market sector to Renters.pl

White Star Real Estate is focused on providing real estate solutions for development clients and management investors. From sourcing and developing real estate opportunities to implementing asset and property management solutions, they are an integrated real estate group serving CEE region. White Star has built over 50 projects since 1997. Their portfolio includes landmark office buildings, warehouses, logistics parks, build-to-suit (BTS) manufacturing facilities and other industrial projects, retail, leisure, and mixed-use concepts, residential/master-planned developments.

The part of the group engaged in comprehensive short-term rental management since 2016 was included in the sale transaction. It provides real estate owners with support in the development and security of running their business, being the exclusive or recommended rental operator of 9 investments, manages over 700 apartments in Zakopane, Warsaw, Wrocław, Poznań, Gdańsk, Kołobrzeg and Międzyzdroje. They take care of both individual apartments and houses, as well as entire facilities. The group was acquired by a major industry player, Renters.pl, whose majority shareholder since March 2023 has been Enterprise Investors.

B2RLaw’s services included, above all, multilateral, multifaceted and complex negotiations between groups of industry investors, which ended successfully in the form of closing the transaction.

The B2RLaw team was led by Managing Partner Rafał Stroiński (Advocate) and Partner Agnieszka Hajos-Iwańska (Advocate) and included: Jakub Kutyła (Advocate, Counsel), Konrad Czernecki (Associate), Barbara Tchórzewska (Junior Associate).

Agnieszka Hajos-Iwańska advises, “Negotiation success on this transaction demonstrates that real estate assets of the highest quality, with high-class tenants and which are professionally managed, will continue to enjoy interest and, consequently, generate transactions among key institutional investors. We congratulate the parties on this transaction and thank the sellers for entrusting us.”

B2RLaw recommended in IFLR1000 ranking 2023

We are proud to announce that in this year’s edition of IFLR1000 ranking we have been recommended in 3 categories. We are steadily growing year by year!

Ranking by practice:

+ Project development: Infrastructure (Tier 3)

+ M&A (Tier 5)

+ Project development: Power (Notable)

In 2022: M&A (Tier 5), Project development: Infrastructure (Other notable), Project development: Power (Other notable).

Full ranking: https://www.iflr1000.com/Jurisdiction/Poland/Rankings/195#rankings