Firms To Watch: Banking and finance

2022 saw the establishment of KPMG Law‘s banking and finance practice following the arrival of Adam Stopyra and his team from DWF Poland Jamka Sp.k; the group advises financial institutions on their activity in the Polish market, in addition to representing clients before Polish regulatory authorities.

Banking and finance in Poland

Allen & Overy, A. Pedzich sp. k.

Allen & Overy, A. Pedzich sp. k.‘s banking group ‘is one the most experienced practices in Warsaw’ with an ‘ability to combine global reach and local knowledge’. Its offering encompasses the entire spectrum of financing work, from general lending and acquisition and real estate finance, to restructurings, export, project and asset finance. Its client roster includes major domestic and global financial institutions and banks, as well as international companies. Managing partner for the CEE region Arkadiusz Pędzich has vast experience advising borrowers and lenders on financings across a range of sectors, including real estate, shipping, telecoms, and energy. Other key senior names are Tomasz Kawczyński, head of the projects, energy, natural resources and infrastructure group, who has a focus on project finance, and Anna Mądra, who oversees the real estate department, and she advises banks, borrowers, and sponsors on related financing transactions.

Practice head(s):

Arkadiusz Pędzich; Tomasz Kawczyński; Anna Mądra


Other key lawyers:

Anna Pawelec; Maciej Wroniak; Artur Rutkowski; Konrad Zawistowski


Testimonials

‘Tomasz Kawczyński is recommended for his outstanding professionalism in leading the banking practice in Warsaw.’

‘A&O banking and finance is one the most experienced practices in Warsaw. A&O is strong among all levels of professionals and involves senior individuals during the processes.’

‘What makes the practice unique is their ability to combine global reach and local knowledge, as well as their deep understanding of our local banking business. They have a strong network of offices and relationships with leading local firms, which enables them to provide seamless and consistent advice across different legal systems and regulatory frameworks.’

Key clients

PKO Bank Polski


Bank Pekao


mBank


ING Bank Śląski


Credit Agricole Bank Polska


Bank Gospodarstwa Krajowego


Polenergia S.A.


Dutch Infrastructure Fund


Polski Fundusz Rozwoju


EBRD


EIB


Aareal Bank


Panattoni Development Europe


Deutsche Hypo


Work highlights


  • Advised a club of lenders on the €863.5m financing to BalticHub sp. z o.o. for the construction of Terminal 3 of the deep water container terminal in Gdańsk.
  • Advised BNP Paribas Bank Polska, Crédit Agricole Corporate and Investment Bank, KFW IPEX-BANK, Santander Bank Polska, and Société Générale – as mandated lead arrangers and underwriters – and Crédit Agricole Bank Polska, Bank Gospodarstwa Krajowego, Bank Pekao, and PKO Bank Polski – as original lenders – and the European Investment Bank – as lender – on a PLN5.125bn term and revolving facility for the financing of Polski Światłowód Otwarty sp. z o.o.
  • Advised EDPR, as a sponsor, on the financing of a portfolio of six wind farms with an aggregate capacity of up to approximately 149.4MW located in Lichnowy, Bogoria, Krasin, Chojnice, Piątkowo and Kozłowo.

Clifford Chance

Clifford Chance is lauded for its ‘exceptional legal expertise’ in the banking and finance arena. Sustainability-linked transactions have been a recent area of activity for the group, in addition to project financing and refinancing mandates. Its impressive client roster includes major financial institutions and banks. Banking and securities law expert Grzegorz Namiotkiewicz, and regulatory and transactional specialist Andrzej Stosio jointly sit at the helm of the department. Miłosz Gołąb frequently advises clients on restructurings and refinancings, and Irena Floras-Goode, who was promoted to partner in May 2023, has a notable focus on project financing mandates, as well as asset, acquisition and export finance.

Practice head(s):

Grzegorz Namiotkiewicz; Andrzej Stosio


Other key lawyers:

Miłosz Gołąb; Irena Floras-Goode; Maksymilian Jarząbek; Michał Jadwisiak


Testimonials

‘Good direct engagement of the partner, Grzegorz Namiotkiewicz, and his pro-active support. Grzegorz focuses also on the merits of the transaction and not only on issuing invoices.’

‘This practice stands out due to its exceptional legal expertise, putting them ahead of the competition. They offer a highly client-centric approach, prioritising open communication, responsiveness, and proactive support.’

‘Their commitment to innovation, diversity, and inclusivity fosters a forward-thinking environment that benefits clients like us. Their collaborative culture ensures that we receive comprehensive and holistic legal solutions tailored to our needs.’

‘The individuals I collaborate with at this practice truly shine. They stand out from competitors due to their exceptional legal expertise, unmatched professionalism, and profound grasp of our specific requirements.’

‘I highly appreciate their proactive nature, meticulousness, and their outstanding client-centric approach. These attributes, coupled with their legal proficiency, render them an exceptional team that consistently surpasses our expectations.’

‘Michał Jadwisiak and Maksymilian Jarząbek are both very experienced and always focused on the client’s needs. They are pro-active with good negotiation skills and positive mindsets.’

‘Team remains available to the client throughout the whole process with very good coordination of complex works on financial documentation and proposing viable solutions for both parties, looking for fair trade-offs.’

‘Maksymilian Jarząbek is an experienced lawyer with good negotiation skills, and he formulates arguments in a clear and convincing manner.’

Key clients

Cargounit


Bank Gospodarstwa Krajowego


Bank Pekao S.A.


Alior Bank S.A.


KfW IPEX-Bank GmbH


Erste Group Bank AG


Santander Bank Polska S.A.


Bank Ochrony Środowiska S.A.


Bank of China (Europe) S.A.


Spółka Akcyjna Oddział w Polsce


BNP Paribas Bank Polska S.A.


European Bank for Reconstruction and Development


mBank S.A.


Powszechna Kasa Oszczednosci Bank Polski


ING Bank Slaski


Bank Millennium


PKO BP S.A.


Haitong Bank, S.A.


Oddział w Polsce


RTB House


Baltic Hub Container Terminal sp. z o.o.


European Investment Bank


Resi4Rent


Taaleri Energia


PAD RES


Hillwood Polska


Work highlights


  • Advising Baltic Hub on the expansion and refinancing of its existing debt and the construction of the third deep water sea container terminal.
  • Advising a consortium of Polish and international financial institutions on the PLN2.45bn financing of the construction of a combined-cycle gas turbine with a capacity of approximately 750MW in Ostrołęka.
  • Advising a consortium of banks on the conclusion of an agreement for a revolving credit facility of up to PLN1bn and a term loan of up to PLN1.5bn, which will be granted as a sustainability-linked loan, with Enea.

CMS Cameron McKenna Nabarro Olswang Posniak i Bejm sp.k.

CMS Cameron McKenna Nabarro Olswang Posniak i Bejm sp.k.‘s group is praised as ‘one of the best banking teams in Warsaw with exceptional individuals‘. It boasts a broad client roster, which includes domestic and foreign banks, financial institutions, companies, and investment funds, and assists them with projects across Poland and the wider CEE region. Transaction financing is a core area of expertise for practice head Michał Mężykowski. Jakub Wieczorek specialises in project finance and acquisition finance, while Jakub Podkowa is skilled in financings in the real estate sector. Structuring projects and export financing are also key areas of strength for the department. In team news, Pawel Wajda joined the firm in January 2023 from Baker McKenzie Krzyzowski i Wspólnicy Sp.k..

Practice head(s):

Michał Mężykowski


Other key lawyers:

Jakub Podkowa; Jakub Wieczorek; Martyna Markiewicz; Rafał Zakrzewski; Pawel Wajda


Testimonials

‘Excellent knowledge and project handling.’

‘Always available with very good knowledge of market standards and the expectations of banks.’

‘One of the best banking teams in Warsaw with exceptional individuals.’

‘Jakub Podkowa is always ready to help with great solutions.’

Key clients

European Bank for Reconstruction and Development


Lewandpol Holding


Polski Fundusz Rozwoju S.A.


UniCredit’s Zagrebačka Banka


Croatian Bank for Reconstruction and Development


European Bank for Reconstruction and Development


Credit Suisse Ag


Eurobank Private Bank Luxembourg Sa


Otp Banka Srbija Akcionarsko Društvo Novi Sad


Otp Bank Plc


Unicredit Bank Srbija A.D.


Zagrebačka Banka D.D.


Berlin Hyp AG


Prime Label Investment Company S.A.


Innova Capital


Bank Polska Kasa Opieki S.A.


Santander Bank Polska S.A.


European Bank for Reconstruction and Development


Energa S.A.


Orlen S.A.


Gemini Polska S.A.


mLeasing


Berlin Hyp AG


Powszechna Kasa Oszczędności Bank Polski S.A.


BIG Shopping Centers Ltd.


Work highlights


  • Advising Lewandpol Holding and its subsidiary E&G on a project to build a large hybrid wind and photovoltaic farm in Poland.
  • Advising the financial institutions on financing the construction of two wind farms with a total capacity of 111MW by Finland-based Taaleri Energia and Croatian renewable energy company Encro, with a total value of €126m.
  • Advising Energa and Orlen, as the sponsors, on the project financing for the construction of a combined cycle gas power plant in Ostrołęka.

Dentons

The banking and finance team at Dentons ‘consistently provides high-quality advice’ on the entire spectrum of relevant mandates, including on real estate, energy and project financings, acquisition and corporate financings, and export financings, as well as on regulatory matters, restructuring projects, and cross-border portfolio financings. Since May 2023, Piotr Nerwiński and Bartosz Nojek have been jointly leading the local practice, while Mateusz Toczyski continues to co-head the firm’s global banking and finance group. Mark Segall is another notable name in the cross-border financing space, while counsel Tomasz Zwoliński is recommended for manufacturing and industrial-related projects.

Practice head(s):

Piotr Nerwiński; Bartosz Nojek


Other key lawyers:

Mateusz Toczyski; Mark Segall; Tomasz Zwoliński; Justyna Jamroży; Patrycja Polasz; Jakub Zienkiewicz; Paweł Długoborski; Katarzyna Mazur


Testimonials

‘They have a strong team so can run a couple of transactions at the same time without a bottleneck effect.’

‘Tomasz Zwoliński is a very good lawyer capable of working on really complex deals.’

‘Jakub Zienkiewicz can keep the pace even in quite tight moments.’

‘Dentons have good lawyers that are hard-working, very experienced and committed.’

‘The banking team of Dentons consistently provides high-quality advice. We are highly appreciative of the work that the Dentons team does and how respectful they are. The ultimate business objective of closing a deal is always prioritised.’

‘The major assets of the team are the breadth of their expertise (on both transactional and regulatory matters), and their ability to lead on cross-border matters and advise under several governing laws besides Polish law.’

‘Mark Segall is a key contact for any cross-border finance matter in the CEE and beyond. I appreciate his pragmatic approach and his deep understanding of the context and commercial constraints in negotiations, as well as his availability and ability to deliver on budget.’

Key clients

EBRD


EIB


Santander Bank Polska


BNP Paribas Bank Polska


NORD


mBank


ING Bank


Erste Bank Group


EKF


Bank Gospodarstwa Krajowego


Helaba


Qair


GoldenPeaks Capital


HB Reavis


GIC


Work highlights


  • Advised HB Reavis on obtaining financing for the development of the Varso Place mixed-use building complex in the center of Warsaw for €475m.
  • Advised Vetroelektrane Balkana, Masdar, DEG, and Tesla Wind on the €205m refinancing of the 158MW Čibuk wind farm, provided by a consortium of banks consisting of UniCredit, Credit Suisse, Eurobank and OTP Bank.
  • Advised Bank Gospodarstwa Krajowego and KUKE on a €32.37m financing extended to HiProMine for its investments in a new plant for the production of feed materials and a genetic centre for insect breeding.

DLA Piper Giziński Kycia sp.k.

DLA Piper Giziński Kycia sp.k. boasts ‘a very capable, experienced and strong team’ with well-established expertise in the financing of real estate transactions, advising both lenders and borrowers. Securitisation transactions are another core area of strength for the group, as well as restructurings, and project and export finance mandates. At the helm of the team is Mariusz Hyla, who advises both domestic and international financial institutions on real estate and asset finance mandates, as does Bartłomiej Palusiak. Katarzyna Wacławek, who was recently made up to partner, is notable in the energy sector with ‘excellent analytical skills’.

Practice head(s):

Mariusz Hyla


Other key lawyers:

Bartłomiej Palusiak; Artur Sobol; Pawel Turek; Katarzyna Wacławek; Klaudia Lorent; Klaudia Dąbrowska


Testimonials

‘DLA Piper has a very capable, experienced and strong team which continuously provides excellent support within challenging timelines.’

‘Katarzyna Wacławek and Klaudia Lorent are both extremely capable, responsive and professional.’

‘Klaudia Dąbrowska plays her role perfectly. She is fully involved in the day-to-day work, proactive in every important step of the transaction, always finding mutually satisfactory solutions and driving the process forward. She is always a pleasure to work with.’

‘Quick at finding solutions, smooth and clear communication, quick at responding to emails and requests, and helpful attitudes. Valuable team work. Excellent knowledge and experience.’

‘They are a solid, well-integrated team who enjoy what they do and make everyone around them feel good. I find them to be very professional advisors and appreciate working with them both in the due diligence phase and in negotiating financial documentation. They are very knowledgeable but practical and business-oriented, punctual and detailed.’

‘Katarzyna Wacławek is a newly appointed partner with whom we usually work. She is a great listener and has excellent analytical skills. She understands our business and is focused on negotiating key objectives. She enjoys the fast pace and adrenaline of the negotiating room, but at the same time she has a lot of patience in explaining difficult legal concepts to us in a clear and digestible manner.’

‘We have worked with Katarzyna Wacałwek for a number of years now so she understands us very well. She helped us with a very complicated cross-border deal recently involving six jurisdictions, and her coordination skills and keeping all the teams in line was much appreciated.’

‘Katarzyna Wacławek is our main contact in Poland and has always gone above and beyond to provide a high-quality service. She is able to provide commercial advice that is relevant to our client and meet difficult deadlines and demands. She is a great representative and is one of the reasons we continue to use DLA for legal matters.’

Key clients

Alior Bank


Bank Gospodarstwa Krajowego


Bank Pekao


Berlin Hyp


BNP Paribas Bank Polska


Commerzbank


Corestate Capital Holding


Credit Agricole


Deutsche Pfandbriefbank


Elite Partners Capital


Erste Group Bank


European Bank for Reconstruction and Development


European Investment Bank


Europejski Fundusz Leasingowy


Globalworth Poland Real Estate


Hyundai Engineering Co.


ICBC


ING Bank


KGAL Investment Management


KUKE S.A.


Kuwait Financial Center


mBank


Mithra Energy S.A.


Permira


PFR


PKO Leasing


Pekao Leasing


Phoenix Insurance Company Ltd


PORR


PKO BP


Revetas


Respect Energy S.A.


Various entities of Santander


Saur


Savills Investment Management


Stena Realty


Trakcja


Vehis


Warszawskie Przedsiebiorstwo Mostowe


Work highlights


  • Advising Bank Gospodarstwa Krajowego on providing financing to PGNIG S.A in the form of an overdraft facility on issuing the required consent for a merger between PKN Orlen S.A. as surviving entity and PGNIG S.A.
  • Advising PGE, as a borrower, on obtaining a new loan to be granted by the European Investment Bank as the lender, for the modernisation of PGE’s electrical grid, particularly for the purposes of connecting green energy installations, valued at $780m.
  • Advising Vehis, a portfolio company of Enterprise Investors, operating as an online sales platform offering leased cars, on its securitisation transaction of a portfolio of lease receivables.

Linklaters

Linklaters provides ‘exceptional legal support’ to borrowers, financial institutions and financial sponsors on domestic and cross-border transactions and projects. Regulatory banking mandates are also an area of expertise for the group, especially regarding risk management, banking secrecy, and outsourcing issues. Marta Domino chairs the group with substantial experience in corporate finance and restructuring mandates. Jarosław Miller, a specialist in banking and finance law, plays an active role in key matters. English-qualified solicitor Adrian Horne is lauded as ‘very experienced’, and Joanna Gawlicka often advises clients on regulatory issues.

Practice head(s):

Marta Domino


Other key lawyers:

Jarosław Miller; Adrian Horne; Joanna Gawlicka; Maciej Chęciński; Marcin Nowak; Katarzyna Lesińska


Testimonials

‘Availability of all members of the team, prompt feedback for any documentation-related or other questions or issues, and excellent legal support during negotiations.’

‘Toby Grimstone is sharp, straight to the point, and a tough negotiator with remarkable knowledge and experience; we felt very comfortable having Toby on our side at the negotiations table.’

‘Adrian Horne is very experienced and always available and calm, which we appreciate very much.’

‘Katarzyna Lesińska is approachable and always available, providing explanations and assistance about any documentation-related questions within minutes; it has been a pleasure to work with her.’

‘The team is always available and prompt in giving feedback and requested information. They provided exceptional legal support during negotiations and were able to anticipate the other side’s arguments which helped prepare our negotiation strategy. I would not want to have them on the opposite side of my team.’

‘Katarzyna Lesińska is continuously on top of things. She always makes sure that we stick to the schedule, never missing a deadline. Very nice and easy to talk to.’

‘We appreciated Adrian Horne’s expertise and calmness.’

‘Toby Grimstone is a straight to the point negotiator and seems very knowledgeable about current market dynamics and how to approach issues when they arise.’

Key clients

Tauron Polska Energia S.A.


Polski Fundusz Rozwoju S.A.


Santander Bank Polska S.A.


BNP Paribas Bank Polska S.A.


PKO Bank Polski S.A.


INA-INDUSTRIJA NAFTE


PAD RES


Investika


Celsa Huta Ostrowiec


mBank S.A.


Bank Polska Kasa Opieki S.A.


Bank Handlowy w Warszawie S.A.


Bank Millennium S.A.


Work highlights


  • Advised Polski Fundusz Rozwoju S.A. on a PLN1bn subordinated loan agreement for Operator Gazociągów Przesyłowych Gaz-System S.A.
  • Advised European Bank for Reconstruction and Development on the PLN310m and €7.5m senior secured financing of a chain of convenience stores in Poland.
  • Advised Resi4Rent on a PLN613m financing for the development of a portfolio apartments located in Kraków, Wrocław, Poznań, and Gdańsk.

Norton Rose Fulbright

Advice on acquisition and asset finance, international financings, and financing involving mezzanine loans, bonds, and quasi-debt instruments all forms part of the wide-ranging offering at Norton Rose Fulbright, in addition to more traditional forms of lending, such as real estate finance, syndicated loans, and corporate lending. Notable sectors of strength for the practice include energy, infrastructure and transport. Grzegorz Dyczkowski leads the team with an impressive client roster encompassing Polish financial institutions and major multinational and domestic corporations. Marta Kawecka is recommended ‘as a really excellent banking lawyer’. In team news, Tomasz Rogalski was promoted to partner at the beginning of 2023.

Practice head(s):

Grzegorz Dyczkowski


Other key lawyers:

Tomasz Rogalski; Marta Kawecka; Jacek Smardzewski; Joanna Braciszewska-Szarapa; Igor Kondratowicz; Krzysztof Gorzelak


Testimonials

‘I highly recommend Marta Kawecka as a really excellent banking lawyer.’

‘Grzegorz Dyczkowski is a highly appreciated partner managing complex transactional services, and Tomasz Rogalski for his cross-functional expertise and high activity in the RES area.’

‘Tomasz Rogalski is an excellent lawyer and always keen to translate the details of the case at hand; he is able to quickly negotiate banking documentation for us and we like working with him a lot.’

‘I have worked with the NRF team on multiple projects already for over a decade and always find a professional attitude, delivery on time and resilience for tight, demanding and stressful schedules.’

‘Tomasz Rogalski and Igor Kondratowicz present a top level of expertise in their field; professionalism, attention to details, if needed unconventional approach to problem solving and great attitude towards the client.’

‘Tomasz Rogalski and Igor Kondratowicz are very available and knowledgeable.’

‘Joanna Braciszewska-Szarapa is responsive, great to work with and offers clear advice on Polish law matters.’

‘Very talented, responsive and highly qualified team with good business approach to legal matters and good value for money.’

Key clients

Accession Capital Partners


BNP Paribas Bank Polska S.A.


Bank Gospodarstwa Krajowego


Bank Millennium


Bank Polska Kasa Opieki S.A.


Bank of China


Benefit Systems S.A.


Commerzbank Group


Credit Agricole Bank Polska S.A.


Eiffel Investment Group


European Bank for Reconstruction and Development


European Investment Bank


HSBC Group


Industrial and Commercial Bank of China


ING Group


Inter Cars S.A.


LOT Polish Airlines


Macquarie Capital Principal Finance


mBank S.A.


P4 sp. z o.o.


Panattoni


PGE Polska Grupa Energetyczna S.A


PKO Bank Polski S.A.


Polski Fundusz Rozwoju S.A.


Polski Światłowód Otwarty sp. z o.o.


Raiffeisen Bank International AG


RGreen Invest


Santander Bank Polska S.A.


Societe Generale S.A. Oddział w Polsce


Sienna Private Credit


Tauron Polska Energia S.A.


Work highlights


  • Advised a consortium of Polish and foreign financial institutions on a PLN10.5bn financing made available to Grupa Polsat Plus entities Cyfrowy Polsat S.A. and Polkomtel sp. z o.o., which comprises a term loan up to a maximum amount of PLN7.255bn, a term loan up to a maximum amount of €506m, and a revolving loan up to a maximum amount of PLN1bn.
  • Advised Polski Światłowód Otwarty sp. z o.o., a joint venture formed by P4 sp. z o.o. and Infravia, on a PLN5.125bn financing for the upgrade and further development of its access network in Poland.
  • Advising PGE Polska Grupa Energetyczna on a PLN2.3bn ESG financing.

Baker McKenzie Krzyzowski i Wspólnicy Sp.k.

The ‘highly qualified’ banking and finance team at Baker McKenzie Krzyzowski i Wspólnicy Sp.k. is primarily borrower oriented, and assists clients with both transactional and regulatory mandates; this offering encompasses advice on acquisition, project and real estate finance matters, corporate finance and trade finance, and financial restructuring. M&A financing specialist Marcin Iwaniszyn chairs the practice, while counsel Jerzy Bombczyński leads the firm’s financial services regulatory and investment funds arm. Both Iwaniszyn and senior associate Jerzy Rostworowski are praised for their ‘exceptional knowledge and experience in financing transactions and projects and related issues’. Jakub Czerka is another key senior associate.

Practice head(s):

Marcin Iwaniszyn


Other key lawyers:

Jerzy Rostworowski; Jakub Czerka; Sebastian Mikina; Jerzy Bombczyński


Testimonials

‘The lawyers from the banking and finance practice at Baker McKenzie are highly qualified and experienced in banking and finance matters. They are very responsive, business-oriented and proactive.’

‘I work with Marcin Iwaniszyn and Jerzy Rostworowski, and I appreciate their exceptional knowledge and experience in financing transactions and projects and related issues. They have a business-oriented and proactive approach and good engagement.’

‘Professional law expertise and pragmatic approach addressing clients’ needs.’

Key clients

Innova Capital


MidEuropa


Zabka Polska sp. z o.o.


Eurocash S.A.


Paged Group


Smyk Group


Diagnostyka S.A.


Polon-Alfa S.A.


Polski Fundusz Rozwoju S.A.


Polska Grupa Górnicza S.A.


mBank S.A.


PKO Bank Polski S.A.


Matexi Polska S.A.


Grupa Inelo S.A.


Work highlights


  • Advised Eurocash S.A. on a PLN1bn facilities agreement with a club of eight financial institutions, including the EBRD.
  • Advised members of Paged Group on a comprehensive refinancing of their indebtedness by means of a PLN430m term and revolving facilities made available by a consortium of banks, including ING Bank Sląski S.A., Bank Gospodarstwa Krajowego, and Alior Bank S.A.
  • Advised Zabka Group, a CVC portfolio company, on a €75m credit facility made available by the EBRD for the purposes of financing and refinancing the costs of the construction of its new automated distribution centre, and new store equipment, along with additional various green investments.

Bird & Bird Szepietowski i wspólnicy sp. k.

At Bird & Bird Szepietowski i wspólnicy sp. k., the finance and financial regulation practice is divided into two sub-groups: one is focused on advising financial institutions on financial regulatory and fintech issues and is led by Sławomir Szepietowski, while the other is headed up by Maciej Georg and handles financing transactions, advising both lenders and borrowers on domestic and cross-border mandates, especially those regarding real estate assets. The team is also experienced in contentious matters surrounding financing. Counsel Marta Stanisławska is a key member of the team when it comes to advising financial institutions on adjusting activities to changing legal requirements.

Practice head(s):

Sławomir Szepietowski; Maciej Georg


Other key lawyers:

Marta Stanisławska; Olga Koszewska


Testimonials

‘I mostly cooperate with Marta Stanisławska. What I mainly appreciate is the quick feedback and the wide range of knowledge in terms of banking law.’

‘Bird & Bird is excellent in collaboration, takes the initiative and speeds up processes.’

Key clients

Obton A/S


Bank Polska Kasa Opieki S.A.


Bank of China (Europe) S.A.


SUNfarming Group GmbH


mBank S.A.


Kreos Capital


Nowotna Farma Wiatrowa Sp. z o.o.


Bank Gospodarstwa Krajowego


Twisto Polska Sp. z o.o.


Shares i.o.


Work highlights


  • Advised Obton A/S, a Danish solar investor, on refinancing the acquisition of 49 photovoltaic farms located in south-western Poland, each with a capacity of up to 1MW.
  • Advised InPost, a Polish courier service company, on the launch of a novel solution for the e-commerce sector in Poland.
  • Advised Twisto Polska on the launch of a novel payment solution for consumers purchasing products in the e-commerce sector.

Domanski Zakrzewski Palinka

Domanski Zakrzewski Palinka ‘has great experience’ in the banking and finance arena, and the team operates from within the firm’s capital markets and financial institutions practice. Its client roster is wide ranging and includes banks and their subsidiaries, financial holdings, brokers and investment companies, as well as investment funds. The offering encompasses debt financing, project financing, and regulatory advice, as well as equity financing, restructuring, and acquisition financing, with its transactions often involving a cross-border element. The practice is jointly led by financial transactions expert Magdalena Skowrońska and Rafał Grochowski, who specialises in infrastructure debt issuance transactions. Senior associate Tomasz Kalicki has notable experience in the financing and refinancing of renewable energy projects.

Practice head(s):

Magdalena Skowrońska; Rafał Grochowski


Other key lawyers:

Tomasz Kalicki; Katarzyna Biarda; Anna Kuczewska; Katarzyna Wójcik


Testimonials

‘The banking and finance team at DZP is extremely professional, has great experience and does a fantastic job of coordinating multi-jurisdictional matters.’

‘We have primarily worked with Magdalena Skowrońska and Tomasz Kalicki and found both to be extremely knowledgeable, very concise and business-oriented in providing their advice and very pragmatic.’

‘Katarzyna Biarda is very knowledgeable and Magdalena Skowrońska is reliable and competent.’

‘Brilliant minds, approachable and very responsive. Able to share documents at great speed. They have a superb client base.’

‘Anna Kuczewska is very friendly and responsive.’

‘We love working with DZP as their team is super responsive, has a clear eye on the relevant details and will keep accurate track of everything ongoing. It is the perfect puzzle piece to complement international transactions.’

‘We in particular love working with Tomasz Kalicki and his team, namely Katarzyna Wójcik.’

‘The team reacts very quickly and assisted us with a number of our transactions with respect to Polish law aspects, providing excellent services.’

Key clients

Wells Fargo Bank, National Association


Norddeutsche Landesbank Girozentrale


DNB Bank Polska S.A.


Bank Polska Kasa Opieki S.A.


Credit Suisse


Powszechna Kasa Oszczędności Bank Polski S.A.


Goldman Sachs Bank USA


Deutsche Bank


Cassa Depositi e Prestiti S.p.A.


Santander


City of Warsaw


EB Sustainable Funds Luxembourg S.A.


SICAV-SIF Sub-Fund 2:EB Renewable Energy Fund Europe


URBASER S.A.U.


Intensa Sanpaolo S.p.a.


Intesa Sanpaolo banking Group


NICE Group


City of Krakow


Quartz Capital Fund S.C.A. Sicav-Sif


ENGIE Zielona Energia sp. z o.o.


Persan Polska S.A.


Valvulas Arco


J&T Banka


Work highlights


  • Advised German lender Norddeutsche Landesbank Girozentrale/EKF on providing financing to Polish companies from the European Energy group to develop five wind farm projects in Poland.
  • Advised DNB Bank Polska S.A. on the sale to Santander Bank Polska S.A. of a portfolio of bonds issued by public sector entities and loans granted to these entities.
  • Advised Wells Fargo Bank, National Association on a multi-jurisdictional financing project to an international group of companies headquartered in Poland.

Gide Loyrette Nouel

Gide Loyrette Nouel boasts ‘years of experience working with the banking sector’, including both borrowers and lenders. Its offering is broad ranging and encompasses cross-border finance transactions, corporate financings and real estate financings, as well as regulatory issues, leveraged and acquisition financing, and the preparation of transactional documentation. Paweł Grześkowiak sits at the helm of the practice with expertise in secured and structured finance operations. 'Excellent lawyer' Mateusz Gronau was promoted to counsel in April 2023, and Marta Karmińska made of counsel at the same time.

Practice head(s):

Paweł Grześkowiak


Other key lawyers:

Marta Karmińska; Mateusz Gronau; Paweł Wasiel


Testimonials

‘I have worked with Gide’s team for many years now so I can confidently share insights about their banking and finance team and their services. In my opinion, they are true professionals who, in addition to their excellent theoretical knowledge, have years of experience working with the banking sector.’

‘The lawyers I worked with were responsive and completed tasks on time. The team is well managed and pleasant to work with. I know that I can rely on them even in very complex cases that require expertise not only in Polish law, but also in the legal systems of other European countries.’

‘Mateusz Gronau is my main point of contact at Gide. I value him for his extraordinary knowledge and ability to find simple solutions to complex problems. He understands transaction nuances perfectly, as well as clients’ business needs.’

‘Mateusz Gronau is communicative, easy to work with and highly proactive. What I appreciate most about Mateusz is his out-of-the-box thinking, punctuality and reliability. In my opinion he is an excellent lawyer.’

‘They are always on time and often provide us with tailor-made solutions aimed at meeting our goals and expectations. They keep track of all recent developments in respect to both legal and commercial aspects.’

‘Paweł Wasiel is a skilled negotiator and a trusted adviser who can be relied upon to see deals through to completion. We appreciate his practical, commercially-focused advice.’

‘Paweł Wasiel has strong technical knowledge of the particular legal issues in banking and finance. He is efficient and well organised, remaining calm and patient when under pressure.’

Key clients

Santander Bank Polska S.A.


Bank Gospodarstwa Krajowego


mLeasing


mBank S.A.


Accord 4 Sp. z o.o.


KGHM Polska Miedź S.A.


Sierra Gorda SCM


European Investment Bank


Council of Europe Development Bank


KGHM International Ltd.


Credit Agricole Bank Polska S.A.


SGI sp. z o.o.


PEKAO Leasing sp. z o.o.


ORLEN S.A.


BNP Paribas Bank Polska S.A.


UniCredit Bank Austria AG


KI Chemistry


Thales DIS Sp. z o.o.


XBS Group sp. z o.o.


Genesis Private Equity Fund IV


V4C Poland Plus Fund S.C.A SICAV-FIAR


ECE


Work highlights


  • Advised KI Chemistry on the process of obtaining financing for the acquisition of shares in Ciech S.A. through a voluntary tender offer for the sale of up to approximately 48.66% of the shares in Ciech S.A.
  • Assisted ORLEN S.A. with obtaining a €500m non-recourse factoring facility from Pekao Faktoring sp. z o.o.
  • Advised PEKAO Leasing sp. z o.o. on securing a PLN300m loan from Bank Gospodarstwa Krajowego.

Greenberg Traurig Nowakowska-Zimoch Wysokinski Sp. k

Greenberg Traurig Nowakowska-Zimoch Wysokiński Sp. k‘s banking and finance offering fields Polish, English, and New York-qualified lawyers. The team is is highly adept at advising borrowers on corporate reorganisations, transformations, and other corporate law issues, and the fintech sector is a particular industry of focus. In addition, acquisition finance, bridge and mezzanine financings, real estate financings, and restructuring mandates are core areas of strength for the group. Andrzej Wysokiński leads the department and frequently advises on domestic and cross-border transactions. Paulina Kimla-Kaczorowska is also a key name and is involved in many of the firm’s key mandates.

Practice head(s):

Andrzej Wysokiński


Other key lawyers:

Lejb Fogelman; Łukasz Pawlak; Agnieszka Stankiewicz; Michał Bobrzyński; Paulina Kimla-Kaczorowska; Mateusz Koronkiewicz


Key clients

CBRE Investment Management


CIECH S.A.


Blackstone


ING Bank Śląski S.A.


JDR Cable Systems


TELE-FONIKA Kable S.A.


Trigea Nemovitostni Fond, Sicav, A.S.


PAK – Polska Czysta Energia sp. z o.o.


Polsat Plus Group


Peakside Capital Advisors


Value4Capital


EdgeConneX


Work highlights


  • Advised EdgeConneX Group on its sustainability-linked €2.4bn portfolio financing.
  • Advised Polsat Plus Grup on an issuance of corporate bonds with a value of PLN2.67bn.
  • Advised CBRE Investment Management on financing the acquisition a 24-asset, 855,000m square metre portfolio of logistics assets in Europe from Hillwood Investment Properties for approximately €1bn.

Rymarz Zdort Maruta

At the beginning of 2023, Rymarz Zdort and Maruta Wachta merged to form Rymarz Zdort Maruta, and the resultant banking and finance team excels in assisting with acquisition finance and M&A-related deals, including those concerning mezzanine structures. The group continues to have a notable focus on the sponsor side of mandates, representing domestic and foreign companies, although it has also been increasingly acting for lenders. Energy-related work and project financing constitute additional core areas of strength. Zofia Frydrychowicz and Jakub Rachwol jointy lead the team; the former has expertise in domestic and cross-border financings and debt restructurings, while the latter ‘possesses high-level expertise’ in corporate finance mandates.

Practice head(s):

Zofia Frydrychowicz; Jakub Rachwol


Other key lawyers:

Adrian Wieslaw; Sebastian Stepinski


Testimonials

‘Great expertise on project finance and great capacity for handling even the most complex legal structures. Zofia Frydrychowicz is a key contact.’

‘I would indicate Jakub Rachwol as the key person responsible for banking and finance. What distinguished them from competitors is a good feeling of important matters and comprehensive management of documents and issues.’

‘Collaboration went really smoothly. The members of the team, including the leading partner, were always availaible for discussion and prompt advice. The knowledge of the team in the subject area was on an excellent level. I could always count on reliable and transparent advice.’

‘I had a chance to cooperate with Jakub Rachwol. He not only possesses high-level expertise, but has also developed organisational skills that come in handy when running highly complex processes. He organised the work of his team in such a way that all activities were completed on time and in a well-organised manner.’

‘Experienced and very committed team who put big emphasis on delivering their services in line with the schedule. Very good cooperation and communication, and a deep team which is able to serve more complex transactions.’

‘Rymarz Zdort Maruta is one of the few law firms in Poland that is pretty much a gold standard for what a large law firm should be, with many senior lawyers being market leaders for the best part of the last 20 years. They demonstrate a typical no-nonsense approach, which is rather helpful when attempting to close difficult deals in the current market conditions driven by uncertainty and urgency.’

‘Jakub Rachwol is one of the younger partners at RZM, but very skilled and with an extremely helpful problem-solving approach. A masterclass in getting financing transactions done quickly and effectively.’

‘The law firm provides the highest quality of services and legal support. The services are performed comprehensively and professionally with the full involvement of lawyers. The team is fully available and active.’

Key clients

Grupa Maspex


Orlen S.A.


Innova


Abrdn


Projekt Solartechnik


ING Bank Slaski


Bank Pekao


Bank PKO BP


mBank


Bank Gospodarstwa Krajowego


PZU S.A.


WMC


Work highlights


  • Advised a consortium comprising PKO BP, BGK, mBank and PZU on an agreement on the settlement of claims related to the payment of a guarantee by way of the conversion of the debt that arose as a result of such payment into equity in Rafako S.A.
  • Advised ING Bank, as the lender, on the refinancing of Zabka’s existing financing.
  • Advised the founders of Exact System and the company itself on acquisition financing in relation to the purchase of a stake from a private equity fund exiting its investment in the company.

Soltysinski Kawecki & Szlezak

The banking and finance team at Soltysinski Kawecki & Szlezak has an emphasis on financial regulatory work, especially for clients in the fintech and payment services areas. Financial sector M&A is another key area of strength for the group, including reorganisations and acquisitions, in addition to legislative work and cross-border deals. The team is also witnessing an increasing uptake in sustainable financing. The firm’s client roster largely consists of domestic and international regulated financial institutions. Marcin Olechowski chairs the group with ‘unique insight and exceptional intelligence’.

Practice head(s):

Marcin Olechowski


Other key lawyers:

Wojciech Iwański; Mateusz Blocher


Testimonials

‘Wojciech Iwański and Mateusz Blocher are both aligned with a lot of experience and valuable knowledge in specific areas, and are always available to discuss new subjects.’

‘This team definitely overtakes the competition with vast knowledge and ready-to-implement practical solutions adapted to the client’s needs and capabilities. Great knowledge of the market, understanding of various perspectives and proficiency in law.’

‘Marcin Olechowski has unique insight and exceptional intelligence, and Wojciech Iwański is a great partner, always with a can-do approach. Mateusz Blocher is a fantastic professional.’

‘Wojciech Iwański and Mateusz Blocher are some of the few people that we feel keep up with us in terms of understanding the most complex financial regulations.’

‘I have been collaborating with the SK&S team specialising in finance, payments, and related areas. I rate this team as top-notch experts who are well versed in the legal aspects of these fields. SK&S consistently approaches all assignments with a clear understanding of the business aspect, recognising client needs and seeking appropriate solutions.’

‘Wojciech Iwański is always accessible and demonstrates an above-average understanding of business needs. He has successfully instilled this approach throughout his team. Mateusz Blocher is an extremely competent individual with extensive knowledge in financial products, payments, fintech, and civil law. Mateusz always strives to present legal opinions appropriately and identify risks.’

‘I value them for their knowledge combined with a practical sense and knowledge of the supervisory approach. An important added value is the involvement of SK&S lawyers in the work of market organisations.’

‘I value working with Wojciech Iwański and Mateusz Blocher because of both their high level of expertise and their pragmatism and realistic approach to business issues. They are sometimes characterised by a very cautious approach to certain topics, which can be of great value.’

Key clients

Alior Bank S.A.


Stellantis NV


Commerzbank


CA Auto Bank


Goldman Sachs Bank Europe SE


The NN Group


The Korea Development Bank


Opontia


Western Union


Mastercard Europe


AllegroPay


PayPo


Merxu


Millennium Bank


PKO BP


Bank Gospodarstwa Krajowego


Biuro Informacji Kredytowej


Blue Media


China Construction Bank (Europe)


Smartney


Fundacja Rozwoju Rynku Finansowego


Work highlights


  • Advising ZBP on various mandates, including PSD2 implementation in Poland, unauthorised transactions, the Ognivo interbank payment, and communication systems.
  • Advised a club of South Korean banks on financings exceeding PLN2bn for the construction of a large-scale lithium-ion battery production facility in Europe.
  • Advised EVO Payments on its acquisition by Global Payments, including representing the client when obtaining regulatory clearance before the KNF for the indirect acquisition of EVO Payments’ Polish subsidiary, eServices.

Deloitte Legal, Ostrowski, Gizicki i Wspólnicy sp.k.

Deloitte Legal, Ostrowski, Gizicki i Wspólnicy sp.k.‘s banking and finance practice is praised for its ‘extensive legal knowledge,’ and it is particularly active in financing transactions, including acquisition, asset and corporate financings, as well as multi-jurisdictional regulatory mandates for financial institutions, including internal restructurings. Another area of strength for the practice is supporting Polish financial institutions which are setting up projects in other countries, as well as foreign institutions entering the Polish market. Team lead and managing partner Tomasz Ostrowski often supports banks and borrowers, investment funds, and venture capital and private equity funds with a range of financing transactions.

Practice head(s):

Tomasz Ostrowski


Other key lawyers:

Aneta Urban; Nicholas Coddington; Mateusz Ordyk; Katarzyna Jakubiak; Michał Oleś; Mariusz Banaś; Michał Mostowik


Testimonials

‘Very professional, well-organised and client-oriented team. Always providing the highest level of services, efficiently navigating between banking and regulatory issues. A great advantage of the team is the ability to cooperate with demanding clients, even in difficult situations.’

‘Lawyers working at Deloitte provide the highest quality of services. They have extensive legal knowledge and, at the same time, excellent market insight. For me, a great added value was well-developed negotiation skills, which were very helpful in conversations with both clients and their legal advisors, as well as other financing institutions co-financing given projects within consortiums.’

‘Among the lawyers from the banking and finance team, I would especially like to highlight and appreciate the cooperation with Aneta Urban and Katarzyna Jakubiak.’

‘The banking and finance team possesses an impressive track record of successfully representing leading financial institutions and corporations in complex financial transactions. Their meticulous attention to detail and analytical skills have consistently ensured favorable outcomes. Their deep expertise, dedication, and commitment to excellence make them one of the strongest teams on the market.’

‘Throughout my professional interactions with Mariusz Banaś, he has demonstrated a profound understanding of the banking industry. I was impressed by his ability to provide clients with innovative and practical solutions and to ensure his clients are well informed throughout the legal process. One of his standout qualities is his ability to build strong, long-lasting relationships with clients.’

‘Solid, well-integrated team enjoying what they are doing.’

‘The team combines the long and great experience of its leading partner with sizeable experience and enthusiasm of partners working on the front line. Their penetration of the market in terms of being able to help as a door opener to various financing providers is something of value.’

‘Michał Oleś is a smart, modern lawyer, with great legal background. He is a hard worker capable of delivering any deal.’

Key clients

Bank Pekao S.A.


R.Power S.A.


Bank Gospodarstwa Krajowego


Banco Santander S.A.


Santander Bank Polska S.A.


Erste Group Bank AG


Raiffeisenlandesbank Niederösterreich-Wien AG


Landesbank Hessen-Thüringen Girozentrale


Murapol S.A.


Respect Energy S.A.


mBank S.A.


Powszechna Kasa Oszczędności Bank Polski S.A.


FoodWell sp. z o.o.


Krajowa Izba Rozliczeniowa S.A.


Polski Standard Płatności


Caterpillar Financial Services Poland sp. z o. o.


BMW Financial Services sp. z o.o.


Work highlights


  • Advising Bank Polska Kasa Opieki S.A., as mandated lead arranger, lender, and security agent, on a PLN550m revolving credit facility made available by BNP Paribas Bank Polska S.A. and Bank Polska Kasa Opieki S.A. to Diagnostyka S.A. for the financing of acquisitions and the general corporate purposes of the group.
  • Advised Telemond sp. z o.o. Group on the financing granted by the lenders, BNP Paribas Bank Polska S.A., ING Bank Śląski S.A. and Santander Bank Polska S.A., to Telemond sp. z o.o. Group for the acquisition of the shares in Telemond Holding NV, financing of the group’s corporate purposes and refinancing of existing financial indebtedness.
  • Advised Banco Santander S.A., Santander Bank Polska S.A. and Powszechna Kasa Oszczędności Bank Polski S.A. on the granting of €50m ECE secured export financing to Persan Polska S.A.

Hogan Lovells (Warszawa) LLP

Securitisation expert Piotr Zawiślak leads the banking and debt capital markets group at Hogan Lovells (Warszawa) LLP. The team's client roster includes banks, lenders, credit enhancers, sponsors and borrowers. The team’s offering is wide ranging, extending from bilateral facilities to complex syndicated financings, and the group has notable strengths in the real estate and infrastructure sectors.

Practice head(s):

Piotr Zawiślak


Key clients

mBank S.A.


Citibank N.A.


BNP Paribas Group


Norddeutsche Landesbank Hypothekenbank


Deutsche Hypothekenbank


Santander Bank Polska S.A.


Standard Chartered Bank


Berlin Hyp AG


Bank Millennium S.A.


Oriens private equity fund


Citigroup Global Markets Limited


ING Bank N.V.


Work highlights


  • Advising Bank Millennium S.A. on the establishment of a long-term bancassurance cooperation, as well as on the conclusion of an agreement to sell 80% of its shares in Millennium Financial Services sp. z o.o. to Towarzystwo Ubezpieczeń na Życie Europa S.A. and Towarzystwo Ubezpieczeń Europa S.A.
  • Advising Norddeutsche Landesbank and Deutsche Hypo on their merger and integration process.
  • Advising Oriens, a private equity fund, on the acquisition of 100% of the shares in Transystem S.A.

Schoenherr Halwa sp.k.

Schoenherr Halwa sp.k. has ‘deep knowledge of banking and financial law’, and is adept at advising clients on project finance, structured finance, real estate finance, and acquisition finance transactions. Sectors of strength for the practice include food, retail, manufacturing, and new technologies. With expertise in restructuring mandates, Paweł Halwa leads the team, and is ably supported by Weronika Kapica and counsel Marcin Antczak. The beginning of 2024 marked a period of significant growth for the firm, which onboarded a number of banking and finance specialists from SSW, most notably Szymon Okoń, Ilona Fedurek and Tomasz Kwaśniewski.

Practice head(s):

Paweł Halwa


Other key lawyers:

Weronika Kapica; Aleksandra Goławska; Marcin Antczak; Szymon Okoń; Ilona Fedurek; Tomasz Kwaśniewski


Testimonials

‘The team has a very good understanding of legal issues surrounding finance projects.’

‘What is important is that the project is always well managed. The team is not project focussed, but rather goal oriented, which makes the negotiation process more smooth.’

‘The team, and in particular Weronika Kapica, not only has a deep knowledge of banking and financial law, but also has great project management skills.’

‘It was a pleasure to work with them. Everything went smoothly.’

‘Weronika Kapica was always very friendly and responsive and followed all our instructions well.’

‘We have been working with Schoenherr Poland for many years and continue to do so. They are our go-to firm in Poland.’

‘We work with Paweł Halwa, Marcin Antczak and Weronika Kapica. They stand out in terms of availability, competence and are very pleasant colleagues to work with.’

Key clients

GLAS Americas LLC


SSW

With a focus on the energy sector, SSW predominantly advises leading Polish banks and international financial institutions. Project finance is an area of expertise for Wojciech Szczepaniak, a key senior contact in the team. Piotr Bartoś is another name to note.

Other key lawyers:

Wojciech Szczepaniak; Piotr Bartoś


Testimonials

‘People and the team are always available and open for discussion.’

‘Very good knowledge.’

‘Good people and their approach is notable.’

Key clients

mBank S.A.


AION Bank S.A.


Stelmet S.A.


Alior Bank S.A.


Mediacap S.A.


Krynica Vitamin S.A.


Bioeton Group


Nextline


Boryszew S.A.


Europa Systems SPV


Rank Progress S.A.


Paged S.A.


Vantage Development S.A.


Netmedia S.A.


Investments Funds managed by Credit Value Investments


VOX capital group


Santander Bank Polska S.A.


wpd europe


Bank Polska Kasa Opieki S.A.


Bank Gospodarstwa Krajowego


Powszechna Kasa Oszczędności Bank Polski S.A.


Cavatina


Fasing S.A.


Anwim S.A.


Haitong Bank


CSG S.A.


Next Energy Capital


Better Energy A/S


Expeditions


Master Pharm


Eco Raven sp. Z o.o.


Better Energy Impact International A/S


Eco Wipes sp. z o.o.


EPP – Retail Marcelin sp. z o.o.


Bank Ochrony Środowiska


Work highlights


  • Advising a consortium of banks on financing for producers of packaging to refinance the borrowers’ existing debt and to finance a share buy-back transaction for voluntary redemption.
  • Advising a client on an export contract financing transaction related to the Ro-Pax ferry project.
  • Advising Aion Bank on the limitation of scope of services offered to Polish clients in connection with the bank’s transition to a BaaS business model.

Taylor Wessing Poland

The ‘outstanding’ Zbigniew Korba leads the banking and finance group at Taylor Wessing Poland, which provides lenders and borrowers with transactional support, and financial institutions with regulatory advice, including on restructuring strategies. Łukasz Szymański is another key name, and oversees the regulatory side of the practice. Counsel Michał Kulig joined the team from Wolf Theiss in May 2023 with a focus on commercial real estate finance, while counsel Marta Gocał departed the firm in February 2023 for an in-house position.

Practice head(s):

Zbigniew Korba


Other key lawyers:

Łukasz Szymański; Antoni Goraj; Marta Gocał; Paweł Skura; Michał Kulig


Testimonials

‘Good communication, excellent analytical skills, and strong knowledge of the law.’

‘Łukasz Szymański is dutiful, flexible and helpful.’

Łukasz Szymański and Zbigniew Korba created a strong team of lawyers. Their practice is focused on the needs of the client, close collaboration, and a flexible approach.’

‘It seems they form a solid, well-integrated team enjoying what they are doing and making all parties around feel good. I perceive them as very professional advisors and admire working with them, both in the due diligence stage and finance documentation negotiations.’

‘They are very knowledgeable but practical and business oriented, punctual and detailed.’

‘They perform their roles perfectly. Michał Kulig and Paweł Skura are totally engaged in day-to-day works, and partner Zbigniew Korba is proactive on each material step in the transaction, always finding solutions satisfactory to both parties and pushing the process forward. Working with them is always a pleasure.’

‘Zbigniew Korba is outstanding at finding workable solutions where clients have already giving up hope in completing a project in time.’

‘Zbigniew Korba and his team are very professional, they make things happen quickly and we have trust in their abilities to deliver best services. For our fund, cooperating with Taylor Wessing makes us look good in front of our clients.’

Key clients

Bank Pekao S.A.


CentralNic Group Plc


VeloBank S.A.


TFI PZU S.A.


Landesbank Baden-Württemberg


IFIS Finance sp. z o.o.


PKO Bank Polski S.A.


Raiffeisen Bank International AG


Santander Bank Polska S.A.


Alior Bank S.A.


ING Bank Śląski S.A.


ING Lease (Polska) sp. z o.o.


PZU S.A., PZU Życie S.A.


TFI PFR S.A.


Bank Gospodarstwa Krajowego


mBank Hipoteczny S.A.


Opal CF sp. z o.o.


Mercedes-Benz Bank Polska S.A.


Banca IFIS S.p.A.


Claret Capital Partners


Work highlights


  • Advised a consortium of eight lenders on the refinancing of Jastrzębska Spółka Węglowa S.A. in a sustainability-linked loan of PLN1.65bn.
  • Advised Raiffeisen Bank International on the sale of Ferio Legnica shopping centre and related financing to Focus Estate Fund.
  • Advised a major bank on the implementation of EBA Guidelines and on the role and responsibilities of the AML/CFT compliance officer.

Wardynski & Partners

Wardynski & Partners‘ banking and finance team ‘regularly advises on top-notch, cross-border transactions’. The group’s offering is strongly geared towards structured finance transactions, energy transition finance projects, and complex debt restructuring deals. Another strong area of expertise for the team is direct lending, and its client roster includes sellers, arrangers and purchasers, as well as investors and finance providers. Key names of note include finance transaction expert Łukasz Szegda, fintech and new technologies specialist Krzysztof Wojdyło, and Daniel Smarduch, who focuses on securitisation mandates.

Practice head(s):

Łukasz Szegda; Daniel Smarduch; Krzysztof Wojdyło


Other key lawyers:

Dagmara Michalska; Mateusz Tusznio; Stefan Feliniak


Testimonials

‘The whole process was well organised by the company, as we had one point of contact that coordinated all the activities. High level of legal knowledge and business practice, accompanied by attitude to find solutions rather than generate problems.’

‘Well-coordinated and effective team that prioritises client service and sensible, commercially-minded advice.’

‘Mateusz Tusznio stands out for practical and sensible advice rooted in reality.’

Key clients

Santander Bank Polska


Bank Gospodarstwa Krajowego


ING Bank Śląski S.A.


SUSI Partners


Kartesia


Mitiska


Immobel


Bank Pekao


Lords LB Asset Management


Elavon


Asbud


Bank Ochrony Środowiska


CANPACK


Work highlights


  • Advising Goldman Sachs Asset Management Private Credit and Citi Bank, N.A., London Branch on financing provided to Vehis, a Polish car leasing business, as part of a warehouse facility and securitisation programme of PLN1.3bn.
  • Advising CANPACK Group, a major global provider of packaging solutions, on two related ABL financing transactions; a $400m asset-based revolving credit facility with an international consortium of major banks led by Wells Fargo acting as agent, and a €100m asset-based revolving credit facility with a consortium of major Polish banks.
  • Advising Kartesia Management on its financing package to support MidEuropa Partners in its acquisition of a majority stake in Optegra Eye Health Care, a European ophthalmology platform operating in Poland, the Czech Republic, Slovakia, and the UK.

WKB Lawyers

At the beginning of 2023, WKB Lawyers‘ banking, debt capital markets, and financial regulations teams were merged into one practice; the strengthened group is now well placed to handle an even wider range of mandates, from multi-jurisdictional restructurings and high-yield bond issuance, to large-scale project, energy and real estate financings, to matters affecting the payments service industry. Securitisation and non-performing loans also fall within the group’s advisory work. Since previous practice head Marcin Smolarek left the firm in December 2022, Agata Szczepańczyk-Piwek has taken over leadership of the team, and she is praised as ‘one of the best banking lawyers in CEE’.

Practice head(s):

Agata Szczepańczyk-Piwek


Other key lawyers:

Michał Kalicki; Augustyn Wróbel


Testimonials

‘Good team with good understanding of business.’

‘The biggest strength of WKB is its people.’

‘WKB lawyers are always in line with all our requirements. They keep the agreed time schedule and most of all they have an outstanding sense of business.’

Key clients

Accolade Group


Bank Polska Kasa Opieki S.A.


Panattoni Europe


BNP Paribas Bank Polska S.A.


mBank Group


Alior Bank


Societe Generale


Polish Development Fund


Miejskie Przedsiębiorstwo Wodociągów i Kanalizacji


Work highlights


  • Assisted Accolade Group and its SPVs with the process of obtaining financings from major Polish banks for logistics centres in Białystok, Bydgoszcz, Gorzow, Elbląg, Jelenia Góra, Legnica, Konin, Koszalin, Piła and Szczecin.
  • Advised Bank Polska Kasa Opieki S.A. on several financings of logistics centre developments by Panattoni Group.
  • Advised mBank and mBank Hipoteczny on financings in the form of mortgage-covered bonds.

Wolf Theiss

The banking and finance team at Wolf Theiss specialises in real estate financing projects. Additionally, restructuring and insolvency proceedings are strengths of Joanna Gąsowski, while counsel Adrian Krzyżanowski bolsters the team’s project finance capabilities, especially regarding renewable energy projects. Polish, German, and Austrian banks fall within the firm’s client roster, as well as international investors. Przemek Kozdój chairs the group. Michał Kulig  departed for Taylor Wessing Poland in April 2023.

Practice head(s):

Przemek Kozdój


Other key lawyers:

Joanna Gąsowski; Adrian Krzyżanowski


Testimonials

‘They perform their roles perfectly. Joanna Gąsowski is totally engaged in day-to-day work, and Przemek Kozdój is proactive on each material step in the transaction, finding always solutions satisfactory to both parties and pushing the process forward. Working with them is always a pleasure.’

‘The team acts in a competent manner and with a great understanding of the client’s needs. Importantly, it seeks constructive solutions and is focused on hard work and getting the negotiations and documentation signed as soon as possible. We value cooperation with them in this field.’

‘From among the firm’s lawyers, Przemek Kozdój deserves a mention. He is of high substantive knowledge, and he understands the business of his clients well and responds quickly to the needs of the client. He conducts negotiation processes with banks very well. We recommend cooperation with Przemek Kozdój and the Wolf Theiss law firm in the area of banking.’

‘Good availability, social skills, and expertise.’

‘Wolf Theiss is a solid, well-integrated team. They represent banks and borrower in many projects. I perceive them as very professional advisors and admire working with them, both in the due diligence stage and finance documentation negotiations. They are very knowledgeable but practical and business oriented, punctual and detailed.’

‘Solid, well-integrated team enjoying what they are doing.’

‘Joanna Gąsowski is knowledgeable, practical, business oriented, punctual and detailed.’

‘Przemek Kozdój is a reliable and proactive partner who is handling all our cases well.’

Key clients

PKO Bank Polski


Norddeutsche Landesbank-Girozentrale


ING Bank


MOUNT Finansowania Przedsiębiorstw FIZAN


Berlin Hyp


Hilding Anders


Panattoni


Erste Group Bank


DZ Hyp


Banco Santander


Santander Bank Polska


Work highlights


  • Advising a client on the refinancing of a shopping mall in Szczecin, including drafting and negotiating the facility agreement as well as preparing a set of security documents.
  • Advised Erste Group Bank on the €36m financing granted to BaseCamp, a European student accommodation and hotel developer, to refinance its student housing project in Wroclaw.
  • Advising Panattoni on financing and refinancing projects worth over €450m for industrial warehouses in Poland, including significant transactions with Powszechna Kasa Oszczędności Bank Polski and other major Polish banks.

DWF Poland Jamka Sp.k

DWF Poland Jamka Sp.k divides its work between transactional and regulatory mandates, advising a wide range of clients, including Polish and international banks, investment funds, assets management companies and borrowers, among others. Tomasz Kaczmarek oversees the transactional banking arm, in addition to acting as co-head of the firm’s wider European banking and finance group, while Radosław Cebeliński leads the banking, finance and insolvency litigation team. In September 2022, senior associate Marta Piotrkowicz joined from DLA Piper Giziński Kycia sp.k. In further team news, Michał Miąskiewicz joined from Eversheds Sutherland Poland after publication.

Practice head(s):

Tomasz Kaczmarek; Radosław Cebeliński


Other key lawyers:

Edyta Rękawek; Marta Piotrkowicz; Michał Miąskiewicz


Testimonials

‘The DWF team is extremely responsive and available to meet at short notice. Their advice is always pragmatic and commercial.’

‘We have worked with Tomasz Kaczmarek and find his advice to always be practical and effective.’

‘Great business approach to transactions and flexibility.’

Key clients

Columbus Energy S.A.


Dobra Energia dla Olsztyna sp. z o.o.


DNB Bank ASA


Fortaco sp. z o.o.


Fortaco JL sp. z o.o.


Fortaco Oy


Bank Ochrony Środowiska S.A.


Enter Air S.A and Enter Air sp. z o.o.


Uriel Inversiones S.A.


Uriel Renovables S.A.


Biały Bór Farma Wiatrowa sp. z o.o.


DK Farma Wiatrowa sp.z o.o.


Ibereolica sp.z o.o.


mBank S.A.


GreenVolt


PKO BP S.A.


CVI Dom Maklerski S.A.


DNB Bank Polska S.A.


Zeitgeist Asset Management sp. z o.o.


Hilderstone sp. z o.o.


Alfreton sp. z o.o.


Hockley sp. z o.o.


Otley sp. z o.o.


Kexby sp. z o.o.


Nascio sp. z o.o.


Ravensden sp. z o.o.


Raiffeisen Bank International AG


Deutsche Bank Polska S.A.


Getin Noble Bank


Sportfive Poland sp. z o.o.


Work highlights


  • Advised DNB Bank ASA and mBank S.A. on financing a portfolio of three wind farm projects.
  • Advised Fortaco and Nordic Trustee & Agency AB on the acquisition financing of Fortaco Group.
  • Advised Karimpol Group on the refinancing of the Skyliner office building in Poland.

PwC Legal Zelaznicki sp.k.

The banking and finance group at PwC Legal Zelaznicki sp.k. has notable expertise in regulatory mandates, especially regarding the implementation of EU law, and ESG and AML-related matters. The team frequently provides Polish banks and international financial institutions with advice on their operations in Poland. Aleksandra Bańkowska sits at the helm of the practice, and her workload encompasses assistance with establishing banks, transforming banks into branches of credit institutions, M&A transactions involving banks, and proceedings before the Polish Financial Supervision Authority.

Practice head(s):

Aleksandra Bańkowska


Other key lawyers:

Łukasz Łyczko; Konrad Frąckowiak


Key clients

Bank BPH S.A.


Nest Bank S.A.


FinTech Poland Foundation


Związek Banków Polskich


Izba Zarządzających Funduszami i Aktywami


Ministerstwo Rozwoju i Technologii


Work highlights


  • Representing Bank BPH S.A. in a process of mass negotiation of settlements with clients holding foreign currency loans.
  • Advised Nest Bank S.A. on the regulatory part of the implementation of its cloud computing technology.
  • Advising Polish Banking Association on the implementation of various regulations.

Squire Patton Boggs Krześniak sp.k.

Squire Patton Boggs Krześniak sp.k. counts financial institutions, investors, suppliers and customers, as well as regulatory authorities, within its broad client roster. A key area of activity for the firm is acting as local counsel for internationally-financed business operations in cases where a Polish subsidiary is involved. Acquisition, asset-based and real estate financings also make up a large proportion of the team’s mandates, with an increasing focus on working for the borrower. Małgorzata Olech spearheads the practice. Michał Smolny departed for Eversheds Sutherland Poland in December 2022.

Practice head(s):

Małgorzata Olech


Key clients

Interhealth Canada Limited


Enerco


Invenergy


PZU


KAEFER Isoliertechnik GmbH & Co. Kommanditgesellschaft


Ligentia Group


Work highlights


  • Advised Ligentia Group on negotiating financing for the acquisition of 100% of the shares in VGL Solid Group, a major Polish logistics and freight forwarding specialist.

White & Case M. Studniarek i Wspólnicy - Kancelaria Prawna sp.k.

At White & Case M. Studniarek i Wspólnicy - Kancelaria Prawna sp.k., large commercial banks are counted among the firm's key clients, and it assists them with Polish and international banking matters. The group’s offering is wide ranging, and includes advice on acquisition finance, asset-based lending, and financial restructuring and insolvency matters. Project and infrastructure finance, real estate finance, structured finance and derivatives, as well as sustainable finance projects, are also strong capabilities of the practice. At the helm of the practice, Grzegorz Abram has expertise in debt financing transactions.

Practice head(s):

Grzegorz Abram


Other key lawyers:

Paweł Zagórski; Joanna Misztal-Dzitko; Roksana Kałużna-Bałazy; Marlena Skowrońska; Mateusz Dyduch


Testimonials

‘The team has extensive experience and knowledge. They can easily guide clients through the most complex transaction structures and clearly explain the advantages and disadvantages of a particular solution. They have a personalised approach to clients and are highly responsive, which is essential when working on transactions with tight deadlines.’

‘Grzegorz Abram, head of the practice, has extensive knowledge and experience, as well as exceptional negotiation skills, which enable him to provide the client with great comfort and support during the transaction.’

‘Marlena Skowrońska is extremely responsive and always meets agreed deadlines.’

‘Comprehensive service, complementary and business approach to the client and each transaction, good contact and a proven team.’

‘Paweł Zagórski, Mateusz Dyduch and Grzegorz Abram are all the people I worked with and they had exceptional industry knowledge, experience in transactions carried out with their participation, and a client-oriented approach.’

‘Good cooperation.’

‘A very knowledgeable and experienced team that delivers value across the board. Extremely approachable and dedicated.’

‘Paweł Zagórski combines technical excellence with brilliant transaction management skills. He is reliable, hands-on and the kind of lawyer that makes you feel you’re in good hands.’

Key clients

Bank Gospodarstwa Krajowego


Bank Handlowy w Warszawie S.A.


DNB Bank ASA


BNP Paribas Bank Polska S.A.


Credit Agricole Bank Polska S.A.


Alior Bank S.A.


Bank Ochrony Środowiska S.A.


Bank Pekao S.A.


Barclays Bank PLC


BNP Paribas Bank Polska S.A.


Cerrad Group


CTP Invest, spol. s r. o.


Develia S.A.


EOS Poland sp. z o.o.


Fasanara Capital


Generali Real Estate


GLP


Grupa Pracuj S.A.


Jastrzębska Spółka Węglowa S.A.


Jastrzębskie Zakłady Remontowe sp. z o.o.


JSW Koks S.A.


Louvre Hotels Group


mBank S.A.


Orlen S.A.


Polski Fundusz Rozwoju


Powszechna Kasa Oszczędności Bank Polski S.A.


Przedsiębiorstwo Państwowe


PZU S.A.


R.Power S.A.


Work highlights


  • Advised Jastrzębska Spółka Węglowa S.A. on a PLN1.65bn financing under the sustainability-linked loan formula.
  • Advised a consortium of financial institutions on financing of up to PLN1.57bn granted to Emitel S.A.
  • Advised PKO BP S.A. on an unsecured and subordinated Tier 2 bonds issue with a total nominal value of PLN2bn governed by Polish law.

Czabanski Galuszynski & Partners

Czabanski Galuszynski & Partners has extensive experience advising banks and borrowers on domestic and cross-border financing mandates; these include real estate financings, structured financings, acquisitions, and investment project financings. Restructuring proceedings are another area of strength for the group. Recently, technology-related matters, such as those relating to mobile payments, bitcoin, blockchain, crowdfunding, and electronic banking, have become an increasing focus. The team is led by Jacek Czabański and Piotr Gałuszyński.

Practice head(s):

Jacek Czabański; Piotr Gałuszyński


Other key lawyers:

Adam Janczewski


Testimonials

‘Piotr Gałuszyński and Adam Janczewski have good understanding of the financing process, good communication skills, professional approach, and are quick to act.’

‘Czabanski & Gałuszyński’s professionalism, expertise and dedication to their client was really impressive. They brought knowledge and composure to the negotiations, which has often had a positive impact on the process.’

‘Piotr Gałuszyński is a very creative lawyer, open to customised solutions and ideas. Very high work ethic and personal culture.’

Key clients

Crescent Capital Group


Hipromine S.A.


NordLB


VeloBank S.A.


Aion S.A


CITI Bank Handlowy w Warszawie S.A.


Fried, Frank, Harris, Shriver & Jacobson LLP


Aion Bank SA/NV


Mannheimer Swartling Advokatbyraa AB


ReedSmith


Taylor Wessing Partnerschaftgesellschaft mbB


Work highlights


  • Advised a consortium of banks led by NordLB on the Polish aspects of the German law LMA-standard financing for Gubor group.
  • Advised Siegenia-Aubi KG on guaranteeing a syndicated loan provided by Commerzbank AG, Sparkasse Siegen, UniCredit Bank AG and Deutsche Bank Luxembourg S.A.
  • Advised HIPROMINE on obtaining financing, structuring the transaction, and negotiating an LMA loan agreement and collateral package.

EY Law

EY Law provides large Polish banks with regulatory advice, as well as support with CHF mortgage loans and representation in mediation proceedings. The team is also regularly approached by foreign entities seeking regulatory and legal advice on Polish and EU regulations within the banking sector. Managing partner Zuzanna Zakrzewska sits at the helm of the department, and is ably supported by counsel Ewa Gajda-Kozłowska.

Practice head(s):

Zuzanna Zakrzewska


Other key lawyers:

Ewa Gajda-Kozłowska


Testimonials

‘The corporate and finance team of EY law is a group of brilliant professionals who are business oriented and adaptive to clients’ needs.’

‘Zuzanna Zakrzewska is an outstanding attorney with not only extensive legal knowledge but great client relations and communication skills.’

Key clients

PKO BP S.A.


Raiffeisen Bank International AG (Spółka Akcyjna) Oddział w Polsce


Bank BPH S.A.


Bank Pekao S.A.


PZU S.A.


Nordea Bank Abp SA Oddział w Polsce


Work highlights


  • Represented PKO BP S.A. in a mass CHF mediation process.
  • Assisted Raiffeisen Bank International AG (Spółka Akcyjna) Oddział w Polsce CHF with the analysis of its mortgage portfolio and proposed a redefinition to the existing approach to CHF mortgage handling processes.
  • Assisted Bank BPH S.A. with the analysis of issues related to the BMR Regulation and CHF loans.

ftl

ftl ‘has an extremely experienced and capable team with years of experience in the field of the most complex banking and fintech projects‘. Polish, English, and Spanish-speaking lawyer Konrad Stolarski and payment services law expert Zbigniew Długosz co-head the financial services practice, with particular expertise in the regulatory aspects of fintech and new technologies. The team’s mandates often involve a cross-border element, and it also has experience in representing clients before the Polish Financial Supervisory Authority.

Practice head(s):

Konrad Stolarski; Zbigniew Długosz


Other key lawyers:

Magdalena Bodzioch; Marcelina Szwed-Ziemichód


Testimonials

‘The firm has an extremely experienced and capable team with years of experience in the field of the most complex banking and fintech projects. The partners are also engaged in all work directly and actively participate in the assignments.’

‘It is one of the few law firms in Poland which has been able to successfully go through licensing projects before the Polish financial regulators in the last years.’

‘The two individuals that stand out the most are the partners Zbigniew Długosz and Konrad Stolarski. They have been in the market for a really long time and know the ins and outs of the Polish banking landscape.’

Key clients

Euronet 360 Finance Limited


InFakt Sp. z o.o.


Smartney Sp. z o.o.


Conotoxia Sp. z o.o.


Polish Banks’ Association


FinTech Poland Foundation


Volt Technologies Sp. z o.o.


Shoper S.A.


Bank Polskiej Spółdzielczości


Work highlights


  • Advised a major Polish payment service provider on onboarding and AML proceedings for virtual assets service providers to work with the client.
  • Represented Monetia successfully in proceedings before the Polish Financial Supervisory Authority aimed at extension of the client’s payment institution license additionally with five new payment services.
  • Advising the Polish Banks’ Association on issues concerning AI in banking.

Kochanski & Partners

Kochanski & Partners is adept at handling financings at the pre-term sheet stage, as well as drafting and negotiating loan agreements regarding real estate financings, acquisition financings, refinancings and restructurings, corporate financings, and securitisations. Regulatory matters are also part of the group’s offering, including bank outsourcing and banking secrecy issues. Jan Ziomek leads the team, and also acts as chair of the firm’s fintech group, having joined the team in September 2023 from the Office of the Polish Financial Supervision Authority.

Practice head(s):

Jan Ziomek


Other key lawyers:

Andrzej Pałys; Weronika Magdziak-Śliwa; Maciej Kuranc


Testimonials

‘The law firm, thanks to its extensive knowledge, experience, and exceptionally wide range of specialisations, covers an above-standard business area for such firms.’

‘It possesses the ability to perform detailed work and also has the necessary comprehensive approach required for large clients, taking into account the client’s position and strategy. Compared to other law firms, this company has an exceptionally quick and effective response time.’

‘The number and legal specialisation of lawyers in the team is good for carrying out tasks in accordance with expectations and within deadlines.’

‘Lawyers are very active in terms of ensuring awareness of business operations and realities.’

‘Very high level of professionalism, client orientation, and support.’

Key clients

State Street Bank & Trust


Bank Millennium S.A


Universal Fibers Inc.


Bank PKO BP S.A.


Bank BPH


Polish Bank Association


ERGO Hestia


mBank S.A.


Bank Pocztowy S.A


Remigo


Pagra


Work highlights


  • Advising a client on the acquisition of the Brown Brothers Harriman & Co.’s Investor Services business, including its custody, accounting, fund administration, global markets and technology services.
  • Advising Universal Fibers, Inc. and its subsidiaries on the Polish law aspects of a $250m facility agreement, with TCW Asset Management Company LLC acting as administrative agent and security agent of the lenders.
  • Advising the Japan Bank for International Cooperation, a policy-based financial institution, on securing BGK’s Samurai bond issue in Japan, secured by a guarantee from the State Treasury and an additional guarantee from JBIC.

Penteris

Penteris advises both lenders and borrowers on transactional and regulatory mandates. Real estate acquisition, and project financing are key pillars of the practice. Refinancings are another core area of strength. At the helm of the department, Katarzyna Sawa-Rybaczek has substantial expertise in the financing aspects of real estate transactions.

Practice head(s):

Katarzyna Sawa-Rybaczek


Key clients

Apollo-Ridale


ING Bank


Santander Bank


Octava Property Trust


Work highlights


  • Advised ING Bank on financing issues relating to the acquisition of the office complex Project Fuzja located in Łódź by KGAL Fund.
  • Advised Octava Property Trust on the refinancing by Santander Bank of five office assets in Warsaw, as well as a separate refinancing by the same bank of four office assets in Warsaw, Wrocław, Poznań and Gdynia.
  • Advised Apollo-Rida on the financing and acquisition of a notable property in Kraków.

Radzikowski, Szubielska i Wspólnicy sp. j.

Radzikowski, Szubielska i Wspólnicy sp. j. has ‘years of experience on the market’. The practice assists borrowers and lenders with real estate financing mandates, especially regarding residential properties, as well as restructuring projects. Notable senior members of the team include Martyna Kamińska-Tabaka, Agnieszka Piasecka and Zbigniew Skórczyński.

Practice head(s):

Martyna Kamińska-Tabaka; Agnieszka Piasecka; Zbigniew Skórczyński


Other key lawyers:

Martyna Dyga-Mróz


Testimonials

‘Great cooperation, responsive and flexible approach, understanding the business as well as risks connected to the specific transactions.’

‘One lawyer dedicated to one transaction, knowing all the documentation and the whole transaction, with details.’

‘They can listen, understand banks’ needs and propose innovative solutions to complicated problems. They work fast.’

Traple Konarski Podrecki & Partners

Fintech law expert Jan Byrski leads the financial institutions and payment services team at Traple Konarski Podrecki & Partners, which has a strong focus on financial sector entities, such as banks, payment institutions, credit institutions, and insurance undertakings, as well as technology providers. The team regularly represents clients in proceedings before the Polish Financial Supervision Authority. In team news, Michał Synowiec was recently promoted to counsel.

Practice head(s):

Jan Byrski


Other key lawyers:

Karol Juraszczyk; Michał Synowiec; Mateusz Jagodziński


Testimonials

‘Jan Byrski is a very pleasant contact who, in addition to his legal knowledge, also keeps an eye on the business challenges of his clients. He is extremely well connected throughout the region.’

‘We would like to make a special mention of Jan Byrski’s team, who have supported us for some time with exemplary commitment and very good work results.’

‘The TKP law firm combines knowledge not only from the financial sector, but also advises provides consultations in the field of creating regulations, both statutory and soft law. The ability to create interdisciplinary teams necessary for our service is important.

‘The greatest advantage of the TKP team are specialists who combine many years of practical knowledge with an academic career, including Jan Byrski.’

‘Lawyers at the law firm are always (as far as possible) available and provide substantive and quick legal opinions very well. The legal opinions they prepare try to present various variants and solutions to a given case. The team is very effective in obtaining concessions or licenses from the Financial Supervision Authority.’

‘Traple partners have some of the best legal educations and are often research workers at the Jagiellonian University. They have a very good personal culture and broad knowledge, also in the field of the latest technologies, including financial technologies.’

‘The firm has exceptional talent and an extremely good team in the banking and finance practice.’

‘The team is versatile and incredibly creative. They apply their intelligence to complex legal problems and come up with solutions which others cannot do. Jan Byrski brings a perspective on regulatory matters that others may not have.’

Key clients

Związek Przedsiębiorstw Finansowych w Polsce


Polska Izba Informatyki i Telekomunikacji


Polska Organizacja Handlu i Dystrybucji


Andersen in Poland

The beginning of 2023 saw considerable team growth at Andersen in Poland, with the addition of an entire team from FKA Furtek Komosa Aleksandrowicz following the merger of the two firms; Mariusz Aleksandrowicz, Tadeusz Komosa, and counsel Agnieszka Skrok all joined as a result of this development. Leszek Rydzewski and Piotr Krupa now jointly head up the strengthened team alongside Aleksandrowicz. The firm is instructed by a range of banks and other financial institutions to act on contentious and non-contentious mandates alike.

Practice head(s):

Mariusz Aleksandrowicz; Leszek Rydzewski; Piotr Krupa


Other key lawyers:

Agnieszka Skrok; Katarzyna de Rosset; Tadeusz Komosa; Aleksandra Metych


Key clients

mBank


Group of ad hoc group lenders of Cineworld Group represented by Barclays Bank PLC


WPM Mosty


Swiatlowod Inwestycje


BNP Paribas Bank Polska S.A.


Bank Millennium S.A.


Work highlights


  • Advised a group of ad hoc group lenders of Cineworld Group, represented by Barclays Bank PLC, on the Polish security aspects and local arrangements related to the Cineworld Group and its corporate and debt restructuring.
  • Advising the corporate client restructuring department of mBank on day-to-day legal matters, including the general civil law and banking law aspects of contracts and the indebtedness of business customers of mBank.

BSJP bnt Brockhuis Jurczak Prusak Sroka Nilsson Zamorska Sp.k.

The banking, finance and restructuring department at BSJP bnt Brockhuis Jurczak Prusak Sroka Nilsson Zamorska Sp.k. focuses on acquisition, asset, and project financings, including real estate financing, debt refinancing, and the financial restructuring of companies. It is especially notable for its skill in advising German banks, and Polish banks with links to Germany. Katarzyna Domańska-Mołdawa and Jörn Brockhuis jointly lead the team from Warsaw and Gdańsk, respectively.

Practice head(s):

Katarzyna Domańska-Mołdawa; Jörn Brockhuis


Work highlights


  • Advised a German bank on funding for a €117m cross-border acquisition of more than 100 supermarkets across Poland.
  • Advised a German bank on the €158m refinancing of a package cross-border real estate acquisition.
  • Advised a Danish green energy developer on funding for a €100m wind power plant project in Poland.

Eversheds Sutherland Poland

Eversheds Sutherland Poland is well versed in advising borrowers and lenders on the financial and regulatory requirements surrounding infrastructure projects; this offering includes advice on the financing aspects of energy, municipal transport, and water and sewer systems projects, as well as the construction of motorways and real estate projects. Following the departure of Michał Markowski to Osborne Clarke in August 2022, Mateusz Dereszyński joined the firm in December 2022 from Hogan Lovells (Warszawa) LLP to lead the banking and finance group.

Practice head(s):

Mateusz Dereszyński


Testimonials

‘Experienced team.’

‘High engagement.’

‘Eversheds Sutherland think out of the box and go the extra mile to find the best solutions for their clients.’

‘They are very responsive, practical and commercially savvy.’

‘I have worked with Mateusz Dereszyński for several years. Mateusz is an excellent attorney who really goes above and beyond for his clients. I cannot recommend him highly enough!’

Key clients

Alior Bank


mBank


BNP Paribas Bank Polska


Bayerische Landesbank


Siemens Bank GmbH


Provident Polska


International Personal Finance


Bank Ochrony Środowiska S.A.


Sequoia Economic Infrastructure Income Fund Limited


Kancelaria Prawna Kycia Radcowie Prawni Spolka Partnership

Kancelaria Prawna Kycia Radcowie Prawni Spolka Partnership is predominately instructed by banks, as well as major real estate investors. Its offering encompasses advice on various financings, including real estate finance, acquisition finance, and energy finance. Anna Kycia and Grzegorz Kycia jointly lead the team; the latter is praised by one client as ‘a go-to practitioner for financing transactions’.

Practice head(s):

Anna Kycia; Grzegorz Kycia


Testimonials

‘Excellent cooperation and full commitment of all team members.’

‘Grzegorz Kycia is absolutely a go-to practitioner for financing transactions. Quick, diligent, extremely experienced and with a rare ability to meet each deadline.’

‘Grzegorz Kycia has full commitment, extensive knowledge and experience, and an ability to solve complex problems.’

Key clients

CPI Property Group


White Star Real Estate


Bank Polska Kasa Opieki


mBank


Powszechna Kasa Oszczędności Bank Polski


Santander Bank Polska


BNP Paribas Bank Polska


Bank Gospodarstwa Krajowego


Work highlights


  • Advised CPI Property Group portfolio companies on a refinancing of Polish assets.
  • Advised mBank, Bank Pekao, and Bank PKO BP on the PLN125m financing of a PV project for Polenergia Group.
  • Advised mBank on financing of over PLN100m for Kom-Eko Group, a major waste management company operating in Eastern Poland.

Osborne Clarke

Osborne Clarke‘s banking and finance practice offers clients transactional and regulatory advice, especially surrounding real estate and energy project finance mandates. The firm's instructions often incorporate cross-border elements. Michał Markowski sits at the helm of the department, and he is ably supported by counsel Augustyn Wróbel, who joined the team in May 2023 from WKB Lawyers.

Practice head(s):

Michał Markowski


Other key lawyers:

Augustyn Wróbel; Karolina Turko


Key clients

mBank S.A.


Soonly Finance sp. z o.o.


Work highlights


  • Advised mBank S.A. on granting an investment facility of €11.3m for CD Locum.
  • Advised mBank S.A. on granting a facility of PLN124.6m towards a mixed-use development project.
  • Advised mBank S.A. on granting a facility of €3.96m towards a hotel purchase project.

Noerr

Noerr handles international financing projects for international companies, banks, and financial institutions. Senior names of note include Paweł Żelich, who was recently promoted to supervising partner of the practice; Paweł Hoc, who joined from Squire Patton Boggs Krześniak sp.k. in April 2022; and Paweł Samolewicz, who joined from Baker McKenzie Krzyzowski i Wspólnicy Sp.k. in February 2023. Former practice heads Konrad Werner  and Ludomir Biedecki departed in April and September of 2022 to join Kochanski & Partners and Bird & Bird Szepietowski i wspólnicy sp. k., respectively.

Practice head(s):

Paweł Żelich; Paweł Hoc; Paweł Samolewicz


Testimonials

‘The team of lawyers was very professional and capable of providing adequate and practical solutions meeting clients’ expectations when advising on a complex transaction.’

‘Paweł Hoc was standing out during negotiations of the terms of the deal due to his excellent knowledge of Polish and German law and knowledge of the Polish and German languages. He showed off his skills and abilities, and his advice was rather unique and high calibre.’

‘Lawyers from this law firm use advanced technological tools. The banking and finance team is highly knowledgeable in their practice area, committed to their cases, very responsive, and quick to perform. They are good to negotiate with and very skilled when it comes to problem solving.’

‘Paweł Samolewicz and Paweł Hoc, with whom I had the opportunity to work, are very committed to their work, approach topics with an open mind, always meet their obligations on time, and have great negotiating skills. It was a pleasure to work with them.’

‘The Noerr team is goal oriented and willing to explore a wide range of options to best fulfil the needs of a given case. Their extensive experience allows them to think outside the box and have alternative solutions ready instantly.’

‘I had the pleasure of working with Paweł Hoc, who proved to be very communicative and efficient. Thanks to Paweł’s experience and dedication, we were able to sort out unexpected obstacles under extreme time pressure. His understanding of the field in which he advises makes it much easier to reach a consensus and deliver customised mechanisms facilitating each individual transaction.’

‘I worked with Paweł Hoc on a financing project. The cooperation with Pawel was excellent. I was impressed by his competence and sound judgement. Of course, he excelled in defending his clients’ interests, but at the same time he was always ready to find a reasonable solution that took into account the interests of both parties.’

‘The team we had an opportunity to work with is very experienced, with a background in large financing projects and in international law firms. This background is clearly visible in the quality and manner of provision of the services. All products we received from Noerr met the highest international standarda in the area of financing documents.’

Key clients

Helaba


SAF Holland Group


Gubor Group


Coface


AURELIUS Equity Opportunities SE & Co. KGaA


Work highlights


  • Advising Gubor Group on the Polish aspects of a refinancing transaction, including negotiations related to security interests agreements.
  • Advising AURELIUS Opportunities SE & Co. KGaA on the simultaneous acquisition of the dental bauer and Pluradent companies.
  • Advising SAF-Holland Group on an amendment to a €500m multi-currency term and revolving facilities agreement, according to which the Polish company from the group served as a guarantor.