‘The Legal Market’ Plebiscite on transaction of the 2018 finally settled!
The opinion-giving ‘Rynek Prawniczy’ Portal presented the results of the Plebiscite, in which many lawyers participated, on the most crucial transaction of the 2018. The silver medal was won by both the ECh&W Law Firm and Clifford Chance which provided services for Industrial Development Agency JSC [PL: Agencja Rozwoju Przemysłu S.A. (ARP)].
The main purpose of voting was to distinguish law firms which during handling the most complex operations (visible and highly publicised) remain in the shadow.
Among 21 options placed on the list, the readers decided to cast their votes on the process of acquisition of PESA Bydgoszcz S.A. by the Polish Development Fund [PL: Polski Fundusz Rozwoju], and thus the Polish Development Fund won gold medal. During the process of repurchasing of almost 100% of stocks from the existing principal shareholders of the company, the Polish Development Fund was supported by Weil, Gotshal & Manges Law Firm. PESA Bydgoszcz S.A and its owners were represented by Linklaters Law Firm.
The second place in the Plebiscite, and thus gold medal won the transaction of repolonisation and nationalisation in which national Industrial Development Agency JSC reacquired from Ukrainian entrepreneur Serhij Taruta 81,05% of Gdańsk Shipyard’s [PL: Stocznia Gdańska] stocks. Both Clifford Chance and the ECh&W Law Firm provided legal services for Polish party and on the other hand, Gdańsk Shipyard was represented by Hogan Lovells.
The third place was awarded ex aequo for:
– the transaction of purchase, by Redefine Properties and companies of Griffin Real Estate Funds, of Penattoni Europe’s logistics parks. Legal services were provided by Linklaters; Weil, Gotshal & Manges;
– the transaction of conslucion, by Ministry of National Defence Republic of Poland [PL: Ministerstwo Obrony Narodowej] of offset agreements with American arms companies (Raytheon and Lockheed Martin). Legal services were provided by DLA Piper; KW Kruk and Wspólnicy; White & Case.
Complete results of voting available at: http://rynekprawniczy.pl/2019/03/21/plebiscyt-rynku-prawniczego-na-transakcje-roku-2018-rozstrzygniety/