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Dentons advises Bank Gospodarstwa Krajowego on US$60 million export financing to Molo Group for hotel complex in Turks and Caicos

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]
Dentons - May 18 2025

Ashfords reports strong financial results following year of strategic investment

UK law firm Ashfords has again reported strong financial results for 2025/26 with revenue increasing by 6% to £65m. The performance has triggered a 7% firm-wide bonus for the fifth consecutive year. Following significant investment in technology and people, profit rose by 3%. Over the past year, the firm has implemented Thomson Reuters’ Elite 3E platform and enhanced its employee benefits package, including increased pension contributions, expanded income protection, paid volunteering leave and the introduction of an electric vehicle salary sacrifice scheme. Ashfords CEO, Louise Workman, who last year launched a new five-year strategy for the firm targeting sustainable growth, said: “Following a year of significant investment across the firm, it is particularly pleasing to report such a strong set of results. Just as importantly, these results allow us to reward our people, whose expertise, commitment and dedication are central to our success and the service we deliver to clients. Growth at Ashfords is not about scale alone. It is about growing in a way that strengthens our culture, enhances the quality of our work and creates long-term value for both our clients and our colleagues. This year’s results demonstrate that we are successfully delivering on that ambition.” The firm has also continued to attract a strong cohort of lateral hires at partner level. Recent joiners include Thomas Middlehurst and Emma Harris (private wealth), Alexis Karim (corporate), Ben Xu (immigration), and Ben Hogan and David Cave (projects). Other highlights from the year include being named Law Firm of the Year at Bristol Law Society Awards and being shortlisted for Independent Law Firm of the Year at The Lawyer awards.
Ashfords LLP

Ashfords named as supplier on new Government Commercial Agency framework

UK law firm Ashfords has been appointed as a supplier on Government Commercial Agency's (GCA) RM6374 Legal Panel for Public Sector framework, providing legal services to public sector organisations across England and Wales. The appointment sees Ashfords named as a supplier across six key lots, an increase from two lots on the previous framework: Lot 1a – Full Legal Service Provision (All Public Sector) Lot 1b – Full Legal Service Provision (Local Government and Local Communities) Lot 1c – Full Legal Service Provision (Health and Social Care) Lot 2 – Focused Legal Support Lot 3 – Litigation and Disputes Lot 4 – Projects and Complex Advice (including PPP) Robin de Wreede, partner and joint head of public sector at Ashfords, said: “Being appointed to the Government Commercial Agency’s new Legal Services Framework is a significant achievement for the firm and reinforces our commitment to supporting public sector organisations with high-quality, commercially focused legal advice. We look forward to building on our existing public sector relationships and helping clients navigate opportunities and challenges across a wide range of legal matters.” For more information about Ashfords' public sector expertise, please contact our public sector & government team.
Ashfords LLP

Ashfords healthcare expert joins CFO panel at UK Healthcare Summit

Ashfords’ partner Deborah Rowntree will chair a panel in the CFO stream at HealthInvestor UK’s Healthcare Summit 2026. Deborah will chair the session ‘Raising capital and managing refinancing risk’. This panel will explore strategies for raising capital in the healthcare sector, with expert insights and practical tips from Nick Essex, acting chief executive officer and chief finance officer of Liaise and Jamie Stuart, co-founder and chief commercial officer of Fortava Healthcare. Healthcare finance partner Deborah Rowntree commented: “Despite ongoing challenges, including continuing economic uncertainty, an evolving political landscape, and regulatory and workforce pressures, the healthcare sector continues to demonstrate considerable resilience. “I am looking forward to joining the panel to explore how organisations can raise capital and manage risk in a changing landscape.” Deborah is a member of Ashfords' specialist healthcare sector team, led by corporate partner Jocelyn Ormond. The team advises health and social care providers across the UK, alongside the investors and lenders that support the sector, on a broad range of legal issues, including complex regulatory, governance and compliance matters. For more information, please contact our healthcare and life sciences team.
Ashfords LLP