Colombia

Dentons has advised Bank Gospodarstwa Krajowego (BGK), the Polish development bank, on a long-term investment loan of up to US$60 million granted to the Molo Group, owned by the Slominski family. The financing will be used to build a hotel complex with 251 rooms and suites on Providenciales, the main island of the Turks and Caicos archipelago in the Caribbean. The buildings will be constructed from equipment and modules manufactured in Poland. “It has been a great pleasure and satisfaction to assist BGK with this prestigious financing transaction, supporting the expansion of Molo Group in their largest investment to date. This project not only promotes Polish exports but also features exceptional hotel developments in some of the most stunning locations in the Caribbean”, said Tomasz Zwoliński, partner in the Banking and Finance practice in Warsaw. The complex includes two modular hotels: the 4-star boutique Indigo hotel and the 5-star Kimpton hotel. Both brands are owned by the international IHG group. The Indigo hotel is scheduled for completion by the end of 2025, while the Kimpton is scheduled for completion in the first half of 2027. Tomasz Zwoliński supervised and led the cross-border project, advising on English and Polish law matters related to preparing, negotiating and signing the finance documents and securities, which covered five jurisdictions and involved collateral and mechanisms related to hurricane risk. He was supported by Jakub Zienkiewicz (counsel) and Kamil Bator (associate) from the Banking and Finance team in Warsaw. The transaction team also included partner Babette Märzheuser-Wood, Global Head of the Franchise Group, and Agnieszka Nagórska-Kordeczka (counsel), who advised on hotel franchise agreements. Dentons worked alongside teams from Griffiths & Partners, who served as Turks and Caicos counsel, and Massiah Law, acting as Gibraltar law counsel, both members of the Nextlaw referral network. About Dentons Across over 80 countries, Dentons helps you grow, protect, operate and finance your organization by providing uniquely global and deeply local legal solutions. Polycentric, purpose-driven and committed to inclusion, diversity, equity and sustainability, we focus on what matters most to you. dentons.com Media contact Lidia Adamczyk Communications, Marketing & Business Development Manager +48 513 045 352 [email protected]  

Colombian law firm Pinilla, González & Prieto Abogados announced the appointment of Natalia Álvarez as the new director of the Environmental Law and Public Services practice, after serving as a lawyer in this same area for 9 years. Natalia Álvarez is a lawyer from the Sergio Arboleda University, and has a master’s degree in environmental law from the Complutense University (Spain). She has worked for almost a decade as an associate attorney in the environmental area of ​​PGP and assumed the direction of this practice since May. Natalia also has experience as a researcher, teacher and consultant for international organizations such as the IUCN (International Union for Conservation of Nature). “In addition to strengthening relationships with our current clients, who are the pillar of our work, and whom I deeply thank for their trust, in this new stage we will focus on opening new doors and building alliances with a global perspective that includes sustainability as a central axis, maintaining our essence in urban environmental law and making a difference in public services advice in which we have solid experience and a track record,” says Álvarez. PGP's environmental practice has extensive experience in sectors such as infrastructure, construction, pharmaceuticals, floriculture, agribusiness, energy, mining and telecommunications, among others, integrating sustainability and responsibility into business development from a preventive approach. Among its specialties are the structuring of the environmental component in urban projects, the proper management of water resources, and obtaining environmental licenses, permits and authorizations in different activities and projects that may impact natural resources. Another of Natalia Álvarez's objectives will be to participate in discussion, formulation and adoption of public policies and environmental standards, to monitor the proliferation of regulations that impact various economic sectors in the country. “I consider this stage as an opportunity to reaffirm our commitment to continue building relationships based on solid and responsible results, providing a strategic vision to consolidate the firm as a leader in environmental legal solutions. I assume this commitment with great enthusiasm, and I am proud to lead a committed team that shares a clear vision of the importance of integrating sustainability, social impact and innovation with economic development seeking a positive impact in each project we undertake,” concludes the new director.