Firm Profile > Dentons > Prague, Czech Republic
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Dentons > The Legal 500 Rankings
Dentons' banking and finance team has 'an unmatched understanding of the industry' and is skilled in the full range of financing and regulatory matters, particularly real estate finance. The team handles cross-border capital markets, insolvency and financial litigation matters, acting for a wide roster of financial institutions and investment groups. Daniel Hurych and Jiří Tomola co-head the practice and have extensive experience advising corporate clients on local and international financial transactions. Among the other key team members are John Stansfield, who acts for both borrowers and lenders, Tomáš Osička and associate Martin Manduľák. The department also draws on international support from the firm's offices in London and Moscow.
Daniel Hurych; Jiří Tomola
‘Daniel Hurych is an outstanding lawyer thanks to his breadth of experience and negotiating skills. He is skilled mainly in real estate finance and general syndicated transactions.‘
‘Aside from being technically very strong, Tomáš Osička is also extremely willing to help and to find a practical solution to problems.’
CPI Property Group
Komerční banka (Société Générale Group)
Česká spořitelna (Erste Bank Group)
UniCredit Bank Czech Republic and Slovakia
Československá obchodní banka (KBC group)
Česká exportní banka (Czech Export Bank)
Projects and energy Tier 1
Dentons has a reputation as a pre-eminent practice in the energy space and is singled out for its 'quick, practical and reliable service'. Led by the highly regarded Petr Zákoucký, the team is skilled at handling significant acquisitions and litigation, particularly with a cross-border element, for clients in the energy and automotive fields. Working alongside the firm's offices in London, Amsterdam and Frankfurt, the team is able to handle cross-border and high-value energy matters. The core team also includes senior counsel Petr Slach, who has considerable experience in M&A and procurement; Jan Procházka, who is recommended for his expertise in the renewable energy sector and in M&A transactions; and associates Michal Pelikán and Barbora Obračajová, who specialise in energy law.
Sev.en Energy group (including Vršanská uhelná, Sev.en EC, and Sev.en Energy AG)
bpd partners (including Draslovka Holding)
Československá obchodní banka (KBC Group)
UniCredit Bank Czech Republic and Slovakia
Real estate and construction Tier 1
Dentons' pre-eminent real estate practice is singled out for its 'unique combination of high-level business acumen with razor-sharp deal execution'. The team acts on a range of real estate matters with a focus on acquisitions, financing and litigation. Global real estate team head Evan Lazar is skilled in cross-border transactions in the CEE region, as is managing partner Michal Hink, who has a strong track record of advising industrial sector clients. The team's client base also includes leading international investors and financial institutions, which it advises on development and construction matters; Markéta Tvrdá is the key name to note in this area. Jiří StržÍnek is recommended for real estate finance.
Evan Lazar; Jiří Stržínek; Michal Hink
‘Dentons’ real estate team is exceptional in many respects. They are always there for you, highly committed, very dedicated to every task and ready to make a deal happen and put their egos aside.‘
‘Michal Hink is an outstanding lawyer, a true professional with incredible knowledge and experience and with an empathetic personality on top of everything. It is always a pleasure to have him on my side as I know that he will not let down our firm.‘
‘Jiri Strzinek is a seasoned real estate lawyer with a pragmatic approach, ensuring the best interests of the client.‘
‘Marketa Tvrda has a good combination of business acumen and actual deal execution. Clients feel very safe having Marketa on the deal.‘
Hana Financial Investment Co. Ltd.,
Hana Alternative Asset Management Co. Ltd.
White Star Real Estate
Wood & Company
GLL Real Estate Partners
Crestyl real estate
Dentons is noted for its transactional capacity and skill in handling large, cross-border deals with the support of its offices around the region. The team, which is led by Jan Procházka, continues to be instructed by leading companies in the energy space on high-stakes acquisitions, where practice co-head and expert Petr Zákoucký is recommended. Chris Watkinson is noted for complex corporate deals spanning multiple jurisdictions. The group has a multi-disciplinary approach, bringing together experts across the firm to assist on deals.
Petr Zákoucký; Jan Procházka
Best Hotel Properties
Warner Music International
BPD Partners (including Draslovka)
Apeiron Investment Group
Mitsui & Co.
Dispute resolution Tier 2Dentons undertakes a wide scope of complex litigation related to employment, IP and white-collar crime. Led by Ladislav Štorek and criminal law practice head Ladislav Smejkal, the team has a blend of expertise across sectors, with high-value energy mandates a particular specialty. The diversity of the team is demonstrated through its core practitioners, which include highly recommended energy expert Petr Zákoucký; Petr Slach, who handles competition and energy sector litigation; and Jiří Tomola, who focuses on disputes related to finance, restructuring and insolvency.
Ladislav Štorek; Ladislav Smejkal
‘I appreciated how pragmatic the team is. They are available, experienced and have very good communication.’
‘Ladislav Storek is an excellent lawyer, moreover he is a remarkable leader.’
Residomo (a Blackstone Group company)
Sev.en Energy Group/Sev.en EC
Česká exportní banka (Czech Export Bank)
Employment Tier 2
Dentons is highlighted as a 'great name in the industry'. The team advises a client base which includes large corporations on the full spectrum of matters, including the employment aspects of transactions. Practice co-heads Ladislav Smejkal, who has experience in both contentious and non-contentious employment matters, and Tomáš Bílek who focuses on employment litigation and unfair dismissal cases, are the key names to note. The team includes Takura Kawai, who acts for Japanese clients, and senior associate Andrea Hámorská. Zuzana Šimeková is the key name in the Bratislava office for cross-border matters.
Tomáš Bílek; Ladislav Smejkal
‘The team has a personal approach, very open discussion and communication, trusted partners, and a professional attitude, and the quality of work is excellent.‘
Mars Group (Mars Czech, Wrigley and Royal Canin)
Prague Airport (formerly Český Aeroholding)
Tiffany & Co
EU and competition Tier 2
At Dentons, the team is particularly well regarded for its ability to handle complex competition matters for clients spanning multiple sectors, including energy, life sciences and automotive. Practice head Petr Zákoucký is noted for his energy expertise and is active in merger control, state aid and investigations. Adam Přerovský focuses on the competition aspects of commercial matters and has appeared before the courts in competition proceedings for clients.
Sev.en Energy Group
Bpd partners (including Draslovka Holding)
Group Mars (including Mars Czech, Wrigley and Royal Canin)
Energetický a průmyslový holding (EPH)
Pacifico Energy Partners
Tax Tier 3
Dentons practice is experienced in handling high-value tax disputes for a variety of clients, especially in the energy and banking sector. Led by Petr Kotáb, the team has a mix of contentious and non-contentious work matters with Petr Zákoucký they key name for energy mandates.
Sev.en Energy group (Sev.en EC)
Veolia Group (Veolia Energie ČR, a.s. and Veolia Energie Kolín, a.s.)
Dentons > Firm Profile
The firm: Dentons’ legal team has been active in the Czech market since 1991.
Dentons is the world’s largest law firm, delivering quality and value to clients around the globe. Dentons is a leader on the Acritas Global Elite Brand Index, a BTI Client Service 30 Award winner and recognized by prominent business and legal publications for its innovations in client service, including founding Nextlaw Enterprise, Dentons’ wholly owned subsidiary of innovation, advisory and technology operating units. Dentons’ polycentric approach, commitment to inclusion and diversity and world-class talent challenge the status quo to advance client interests in the communities in which we live and work.
Dentons’ global team builds agile, tailored solutions to meet the local, national and global needs of private and public clients of any size.
Areas of practice: Dentons’ lawyers and professionals provide services in the following practice disciplines and industry sectors:
Banking and finance: Dentons covers every aspect of banking and capital markets transactions in the world’s leading financial centres. Dentons helps clients access and invest new sources of capital, develop and use financial products, structure financing transactions, comply with regulations, respond to investigations and resolve disputes.
Competition and antitrust: Dentons provides legal advice and judicial assistance in all aspects of national and EU competition law, consumer law, state aid, tender procedures and regulatory issues. Clients receive tailored, industry-focused advice on complex litigation, investigations by competition authorities, merger control, competition compliance, or commercial arrangements.
Corporate and M&A: Dentons provides clients with comprehensive legal advice on public and private M&A, joint ventures, corporate finance, private equity, disposals, corporate restructurings, and general commercial, antitrust and corporate governance issues.
Employment and labour: apart from the transactional support the team provides day-to-day full service advisory on both non- contentious and contentious employment, social security and trade union-related issues.
Energy: with one of the world’s leading energy practices, Dentons guides clients on strategy, market entry, transactions, regulatory issues and dispute resolution. Its clients include oil majors, independents, distributors, power generators and utilities, financial institutions, public entities and large customers, new energy and old..
Litigation, dispute resolution and arbitration: Dentons’ highly reputable Litigation and Dispute Resolution lawyers are particularly well known for helping clients resolve disputes in energy, construction and engineering, banking, restructuring and insolvency, life sciences and retail. The team is also highly experienced in EU trade disputes, investigations and international arbitration.
Real estate: Dentons’ real estate practice is the largest in the world. It advises real estate owners, investors and lenders on some of the most complex development, acquisition, disposition, debt and equity transactions in today’s market.
Restructuring, insolvency and bankruptcy: Dentons’ teams formulate strategies for trustees, bondholders, investors, traders, debtors, creditors and creditor committees around the world as they pursue claims for clients through negotiation and litigation.
Tax: with experience in worldwide jurisdictions, Dentons provides comprehensive tax advice to individuals, private companies, multinationals and other entities on tax planning, compliance, M&A structuring tax-advantaged investing, transfer pricing, disputes with tax authorities and more.
|Real estate||Jiri Strzinekfirstname.lastname@example.org||+420 236 082 207|
|Real estate||Michal Hinkemail@example.com||+420 236 082 217|
|Banking and finance, capital markets||Jiri Tomolafirstname.lastname@example.org||+420 236 082 239|
|Banking and finance, capital markets||Daniel Hurychemail@example.com||+420 236 082 206|
|Restructuring, insolvency and bankruptcy||Jiri Tomolafirstname.lastname@example.org||+420 236 082 239|
|Competition and antitrust||Petr Zakouckyemail@example.com||+420 236 082 280|
|Energy||Petr Zakouckyfirstname.lastname@example.org||+420 236 082 280|
|Employment and labour||Tomas Bilekemail@example.com||+420 236 082 226|
|Employment and labour||Ladislav Smejkalfirstname.lastname@example.org||+420 236 082 242|
|Litigation and arbitration||Ladislav Storekemail@example.com||+420 236 082 218|
|Litigation and arbitration||Ladislav Smejkalfirstname.lastname@example.org||+420 236 082 242|
|Tax||Petr Kotabemail@example.com||+420 236 082 111|
|Corporate and M&A, private equity||Chris Watkinsonfirstname.lastname@example.org||+420 236 082 265|
|Corporate and M&A, private equity||Petr Zakouckyemail@example.com||+420 236 082 280|
|Mr Ladislav Štorek||Ladislav Štorek is Partner and Head of Litigation and Dispute Resolution Practice…||View Profile|
|Mr Tomáš Bílek||Tomáš Bílek is Partner and Co-Head of Employment and Labor practice in…||View Profile|
|Mr Michal Hink||Michal Hink is the Czech Republic Managing Partner and Co-Head of the…||View Profile|
|Mr Daniel Hurych||Daniel Hurych is Partner and Co-head of Banking and finance practice in…||View Profile|
|Mr Evan Lazar||Evan Z. Lazar is Co-Chairman of the Global Real Estate Group at…||View Profile|
|Mr Stewart M. Middleman||Stewart M. Middleman is the head of cross-border transactions for Dentons’ Global…||View Profile|
|Mr Tomáš Osička||Tomáš Osička is Partner and a senior member of the Banking and…||View Profile|
|Mr Jan Procházka||Jan Procházka is a partner in Dentons’ Prague office. He focuses on…||View Profile|
|Mr Ladislav Smejkal||Ladislav Smejkal is Partner, Head of Criminal law practice and Co-Head of…||View Profile|
|Mr John Stansfield||John Stansfield is an English-law qualified banking partner based in Dentons’ Prague…||View Profile|
|Mr Jiří Stržínek||Jiří is partner and co-head of the Real Estate Practice Group in…||View Profile|
|Mr Jiří Tomola||Jiří Tomola is Partner, Co-head of Banking and finance and Head of…||View Profile|
|Ms Markéta Tvrdá||Markéta Tvrdá is Partner and a senior member of the Real Estate…||View Profile|
|Mr Chris Watkinson||Chris Watkinson is an English law qualified partner based in Prague, Czech…||View Profile|
|Mr Petr Zákoucký||Petr Zákoucký is Partner in Dentons’ Prague office’s corporate, M&A and energy…||View Profile|
Staff FiguresNumber of lawyers : 10,500+ at this office : 65+
LanguagesAzerbaijani Czech English French German Russian Slovak
OtherOther offices : Dentons now has 180+ offices in over 70 countries
Press Releases18th August 2020
Global law firm Dentons is pleased to announce that the Paris Court of Appeal, the Higher Regional Court of Karlsruhe and the Barcelona Provincial Court have all issued final decisions dismissing Essity’s claims of patent infringement in regards to Industrie Cartarie Tronchetti’s (ICT) three ply toilet paper. With Dentons’ counsel, ICT successfully demonstrated beyond a doubt that its branded and private label products are produced based on its own proprietary process, and patented under European patent 2 353 859.
Dentons has been advising Industrie Cartarie Tronchetti S.p.A since 2016. Based in Lucca, ICT is a leader in the category of high quality tissue paper products for domestic use, and has subsidiaries in Italy, Spain, Germany, France and Poland.
The Paris decision, which is the most recent, ends a long-running patent infringement litigation with Essity and affirms ICT can continue to produce and distribute absorbent paper based on its own proprietary technology. The three courts in France, Germany, and Spain have confirmed ICT’s argument that it is using its own novel technology, also patented. Essity’s claims of infringement were based on a patent originally filed by Georgia Pacific, and subsequently becoming Essity’s.
Dentons partner David Masson served as lead partner and represented ICT in France. Dentons partner Dr. Constantin Rehaag represented ICT in Germany, and PwC partner Alejandra Matas Brancós represented the client in Spain, with the support of Dentons partner Juan Ignacio Alonso.
David Masson, lead lawyer on the case, commented: “It has been very interesting to understand ICT’s own technology and work closely with different teams, including ICT’s R&D department, which has been part of all strategic and technical decisions throughout the case”.
Constantin Rehaag, who represented the client in the German court hearings and coordinated the work with the client’s patent attorneys, said: “This is an outstanding success of a great team formed by the client, who provided us with invaluable technological insight, the team of patent attorneys and, finally, by the Dentons teams in France, Spain and Germany.”
The patent litigation began in 2016 when Essity sued ICT in France, Germany and Spain for the alleged infringement of its patent related to the technical solution for the bonding of three layers of tissue for paper products such as high quality, soft and bulky, toilet paper.
In France, Essity claimed that ICT had breached the French part of its European patent 1 081 284 and that the toilet paper marketed as Foxy Soie Plus, and also certain other private labels produced by ICT France, had infringed on their patent. Essity demanded that all production operations be halted. The rolls of toilet paper were carefully analyzed and there were no findings of infringement. The two French courts - in first instance and appeal - rejected the claims and ordered Essity to pay compensation for the legal fees to ICT Italy and ICT France.
In Germany, the case was first taken to the Mannheim District Court, which is well reputed in patent matters. The lawsuit mainly focused on the complex questions regarding the construing of the claims of Essity’s patent. The court ruled in favour of ICT, and Essity filed an appeal. In August 2019, the Higher Regional Court of Karlsruhe also ruled that the German subsidiary of ICT did not infringe the German part of the patent 1 081 284.
In Spain, after a first decision in favor of Essity in the lower court, the Barcelona Provincial Court clearly stated in a written appeal that ICT’s products - and in particular, Foxy Seda, Foxy Bouquet, certain three-ply private label products - did not infringe the Spanish part of the patent 1 081 284.About ICT
Industrie Cartarie Tronchetti (ICT) was founded in 1976 in Italy, in the Lucca province, to operate in the tissue sector, producing high quality paper exclusively from virgin fibre. The first production facility was opened in 1978 in Piano della Rocca, Lucca, and over the years new plants and facilities have been set up in Piano della Rocca, Diecimo and Piano di Coreglia. The Foxy brand, one of the leading brands in the European market, was launched in 1982. ICT is an example of excellence in the paper industry, in full harmony with the tradition of the Lucca region, where the most important Italian papermaking hub is located, on a par with those of Green Bay (USA) and Fuji (Japan). In Lucca in particular, great expertise has been nurtured in the field of paper for household use, and the city is in fact known as the world tissue capital. Today, ICT SpA boasts an annual production capacity of about 160,000 tonnes.About Dentons
Dentons is the world's largest law firm, connecting talent to the world's challenges and opportunities in more than 75 countries. Dentons' legal and business solutions benefit from deep roots in our communities and award-winning advancements in client service, including Nextlaw, Dentons’ innovation and strategic advisory services. Dentons' polycentric and purpose-driven approach, commitment to inclusion and diversity, and world-class talent challenge the status quo to advance client and community interests in the New Dynamic.
3rd August 2020 Global law firm Dentons advised Italian-based multinational energy infrastructure operator Snam in relation to its agreement, in consortium with several international investment funds, to purchase a 49 percent share of ADNOC Gas Pipelines from The Abu Dhabi National Oil Company (ADNOC). ADNOC Gas Pipelines is valued at approximately US$20.7 billion (US$10.1 billion for 49%).
The transaction is one of the most important in the global energy infrastructure sector, as well as Snam’s first acquisition outside Europe. ADNOC Gas Pipelines holds the tariff-based rights for the 38 pipelines that connect ADNOC’s upstream activities to Abu Dhabi’s consumption points and the export and interconnection terminals to neighboring Emirates.
The transaction was financed by a pool of international banks for approximately $8 billion, plus an equity contribution from each of the consortium members. In addition to Snam, the other consortium members included Global Infrastructure Partners, Brookfield Asset Management, GIC, Ontario Teachers’ Pension Plan, and NH Investment & Securities.
Dentons acted with a cross-border team from Italy and UAE, coordinated by partner Sara Biglieri in Milan. Partners Luca Pocobelli (Rome) and Mhairi Main Garcia (Dubai), counsel Claudio Segna (Milan), senior associate Craig Hughson (Abu Dhabi) and associate Stephanie Hawes (Dubai) advised on corporate and M&A aspects. Partners Alessandro Fosco Fagotto (Milan) and Stephen Knight (Abu Dhabi), counsel Franco Gialloreti, senior associate Tommaso Zanirato and junior associate Giulia Caselli Maldonado (all Milan) advised on financing aspects. Partner Michele Carpagnano (Rome) and associate Giulia Giordano (Rome) advised on the competition and antitrust aspects.
Snam’s internal legal team was led by General Counsel, Marco Reggiani - assisted by Michela Schizzi, Senior Vice President Regulated Assets Legal Affairs - and included senior legal counsels Rosanna Pallotta and Claudia Jolanda Fanelli. The legal aspects related to the financing were handled, together with Marco Reggiani, by Gloria Bertini, Head of Finance and Capital Market Legal Affairs and Roberta Di Mauro, legal counsel.
3rd August 2020 The EU Malaria Fund was initiated by the kENUP Foundation, a not-for-profit organization promoting research-based innovation with public and societal benefit. The fund is managed by the IBB Group. The target volume of the fund amounts to €280 million, with a first closing of €70 million on June 3, 2020. A Dentons team from Berlin, Frankfurt, Dusseldorf and Munich provided comprehensive advice to IBB Group on the establishment of the EU Malaria Fund. This included the development of the legal and tax conception of the fund, regulatory advice, corporate law support on the setup of the fund, and the negotiation of the financing agreements with the EIB, the Bill & Melinda Gates Foundation and other investors. Berlin-based partner Dirk-Reiner Voss and Frankfurt-based partner Arne Klüwer jointly led the Dentons team, with support from partners Stephan Busch, Matthias Santelmann and senior associates Holger Hölkemeier and Bernd Düsterbeck in Berlin; counsel Verena Etzel and Oda Elmoutaouakil in Frankfurt; partner Axel Schlieter in Dusseldorf, and partner Richard Fagerer in Munich. About Dentons Dentons is the world's largest law firm, connecting talent to the world's challenges and opportunities in more than 75 countries. Dentons' legal and business solutions benefit from deep roots in our communities and award-winning advancements in client service, including Nextlaw, Dentons’ innovation and strategic advisory services. Dentons' polycentric and purpose-driven approach, commitment to inclusion and diversity, and world-class talent challenge the status quo to advance client and community interests in the New Dynamic. www.dentons.com
3rd August 2020 Dentons, the world’s largest law firm, has advised Spanish-based multinational construction group, Actividades de Construcción y Servicios, S.A. (ACS), on the renewal of its €500 million Negotiable European Commercial Paper (NEU-CP) Program. The NEU-CP program is registered with the Central Bank of France, with the involvement of BNP Paribas, BRED Banque Populaire, Crédit Agricole Corporate and Investment Bank, ING Bank N.V. and Natixis, as dealers for the Notes. Headquartered in Madrid, the ACS Group is a worldwide leader in construction and services. It is currently the only non-financial issuer with a NEU-CP Program registered with the Central Bank of France. Dentons’ Capital Markets group in Madrid advised ACS on all aspects of the transaction. Partner Ignacio Corujo led and coordinated the transaction with the support of junior associate Ana Artola. Ignacio Corujo joined Dentons in January this year to establish and lead the Capital Markets group in Spain. In addition to this most recent deal for ACS, he has closed several high-value debt capital markets deals since his move, including most notably, Grupo Cajamar’s €1 billion issuance of mortgage bonds, as well as Sacyr’s renewal of its €500 million EMTN Program. About Dentons Dentons is the world's largest law firm, connecting talent to the world's challenges and opportunities in more than 75 countries. Dentons' legal and business solutions benefit from deep roots in our communities and award-winning advancements in client service, including Nextlaw, Dentons’ innovation and strategic advisory services. Dentons' polycentric and purpose-driven approach, commitment to inclusion and diversity, and world-class talent challenge the status quo to advance client and community interests in the New Dynamic. www.dentons.com
3rd August 2020 Global law firm Dentons has advised UniCredit Bank AG as Mandated Lead Arranger, (Sustainability) Coordinator, Bookrunner, Facility Agent and Security Agent as well as the lenders on a €450 million secured sustainability-linked borrowing base facility agreement with Gunvor Group. Gunvor Group will use the funds to cover the working capital requirements of its Ingolstadt refinery. The innovative financing model is tied to the borrower's achievement of predetermined ESG key performance indicators (Sustainability KPIs) and provides for a sustainability discount or premium in case the company overachieves or underperforms the predefined targets. An independent sustainability auditor will report on the performance of the Sustainability KPIs on an annual basis. The ESG-based scoring of certain key performance indicators provides a unique way for borrowers and lenders to communicate their commitment to sustainability and incentivizes sustainable corporate measures. Participating banks included DZ Bank, KfW IPEX-Bank, Raiffeisen Bank International, Erste Group Bank, Commerzbank, Industrial and Commercial Bank of China, CA Indosuez (Switzerland), Bank of China and First Abu Dhabi Bank. Gunvor Group is one of the world’s largest independent commodities trading houses by turnover, creating logistics solutions that safely and efficiently move physical energy from where it is sourced and stored to where it is demanded. With strategic investments in industrial infrastructure – refineries, pipelines, storage and terminals – Gunvor Group further generates sustainable value across the global supply chain for its customers. UniCredit is one of the pioneers in sustainable loans in the German market. Düsseldorf finance partner Dr. Axel Schlieter fully advised the bank on the drafting and negotiation of the loan agreement. The Dentons team further comprised Julia Heitmann (senior associate, Banking and Finance, Düsseldorf) and Eike Hinrich Pradt (associate, Banking and Finance, Frankfurt). Axel Schlieter is a core member of Dentons’ Sustainable Finance group in Europe and is regularly involved around the topics of issuance of green bonds and on sustainable financing. Advisors to UniCredit: Dentons (Düsseldorf): Dr. Axel Schlieter, (lead partner), Julia Heitmann (senior associate, both banking and finance, Düsseldorf), Eike Hinrich Pradt (associate, banking and finance, Frankfurt am Main) UniCredit inhouse lawyers: Carina Engelhardt, Alexander Strigin, Christian Hentrich About Dentons Dentons is the world's largest law firm, connecting talent to the world's challenges and opportunities in more than 75 countries. Dentons' legal and business solutions benefit from deep roots in our communities and award-winning advancements in client service, including Nextlaw, Dentons’ innovation and strategic advisory services. Dentons' polycentric and purpose-driven approach, commitment to inclusion and diversity, and world-class talent challenge the status quo to advance client and community interests in the New Dynamic. www.dentons.com
3rd August 2020 Dentons’ Banking and Finance practice team advised Qair SAS, Qair International and Qair Polska Sp.z o.o. in connection with the refinancing of two wind farms under operation, Rzepin (58 MW) and Linowo (48 MW). The financing institutions are BNP Paribas and EBRD. The two wind farms are part of Qair’s larger portfolio of almost 200 MW of renewable energy sources, which also includes 93 MW of new capacity from three wind farms – Udanin (50 MW), Parzeczew (9 MW) and Września (9 MW) – and 25 MW of solar photovoltaic. The project was supervised by Mateusz Toczyski, Head of the Europe and Co-Head of the Global Banking and Finance practice, and led by Tomasz Zwoliński, counsel, with assistance from lawyers Klaudia Szymańska-Rutkowska, Katarzyna Mazur, Katarzyna Kaptur and Jakub Walawski. Supporting the Warsaw team were counsel Surbhi Malhotra-Trenkel in Munich and partners Jean-Marc Allix and Olivier Genevois, and associates Djésia Meziani, Philippine de Fouchier and Hugo Casasnovas in Paris. Dentons’ London team consisting of partner Matthew Sapte and associate Annreika Ray advised on the hedging documentation. “We are very pleased and honored to have had this opportunity to assist Qair in yet another wind power project the company has undertaken in Poland,” said Mateusz Toczyski. “We would like to congratulate Qair on this financing and to wish every success with further developments and investments in Poland and elsewhere in the world,” added Tomasz Zwoliński. About Dentons Dentons is the world's largest law firm, connecting talent to the world's challenges and opportunities in more than 75 countries. Dentons' legal and business solutions benefit from deep roots in our communities and award-winning advancements in client service, including Nextlaw, Dentons’ innovation and strategic advisory services. Dentons' polycentric and purpose-driven approach, commitment to inclusion and diversity, and world-class talent challenge the status quo to advance client and community interests in the New Dynamic. www.dentons.com
3rd August 2020 Dentons has advised international energy group Sev.en Energy on its strategic acquisition of US-based metallurgical coal producer Blackhawk Mining, LLC. C. The transaction comes on the heels of Sev.en Energy’s acquisition of a 17% ownership interest in Corsa Coal in May 2020, further reinforcing its access to the metallurgical coal mining industry in the US market. Blackhawk Mining is one of the largest metallurgical coal producers in the US. With annual production capacity of seven to eight million tonnes of metallurgical coal among its five underground and open pit mining complexes in West Virginia and Kentucky, Blackhawk Mining is an important supplier of metallurgical coal both locally and internationally. It also owns three thermal coal mine complexes producing three to four million tonnes per annum. In 2019, Blackhawk Mining had $1bn revenues and $120m EBITDA. Commenting on the acquisition, Dentons partner Petr Zákoucký, said: “Having worked for Sev.en Energy for many years, I am inspired by their sustained dynamism, and by this bold strategic move, even during these difficult market conditions. We were delighted to have opportunity to play our role in this success.” Alan Svoboda, Executive Director of Sev.en Energy who leads the Group’s international expansion added: “Once again, the Dentons team exceeded our expectations and delivered the transaction within a tight time frame of less than a month, nailing both the complexity of the deal and challenges created by the current worldwide pandemic. What was really outstanding was the dedication and flexibility that the entire team showed.” Dentons’ cross-border team was composed of partners Petr Zákoucký (Prague, Energy/M&A), Ilan Katz (New York, M&A), Lee Smith (New York, Finance), Christopher Van Bever (Lexington, Mining) and John Rhine (Evansville, Mining) Robert E. Richards (Chicago, Insolvency), Managing Associate Gregory DiBella (New York, M&A) and Associate Barbora Obračajová (Prague, Energy). Alvarez & Marsal advised Sev.en Energy on financial due diligence and Weir on technical due diligence. About Sev.en Energy Sev.en Energy owns significant coal and energy production assets in the Czech Republic, the United Kingdom, Australia and the USA. It is the largest private operator of coalmines and conventional power plants in the Czech Republic, and employs more than 3,500 people. In 2019, Sev.en Energy acquired additional power generation assets from Swiss energy group Alpiq and a 50% stake in the multinational energy company – InterGen N.V., which is one of the leading independent power generators with gas-fired power plants in the UK and coal-fired power plants and coal mines in Australia. When pro-forma aggregated with the financial results of InterGen and Alpiq CZ, Sev.en Energy group combined revenues in 2019 were EUR 1,4 billion and EBITDA of EUR 319 million. About Dentons Dentons is the world's largest law firm, connecting talent to the world's challenges and opportunities in more than 75 countries. Dentons' legal and business solutions benefit from deep roots in our communities and award-winning advancements in client service, including Nextlaw, Dentons’ innovation and strategic advisory services. Dentons' polycentric and purpose-driven approach, commitment to inclusion and diversity, and world-class talent challenge the status quo to advance client and community interests in the New Dynamic. www.dentons.com
3rd August 2020 Global law firm Dentons is assisting Weser-Metall GmbH and Harz-Metall GmbH, both subsidiaries of the French-German Recylex Group, with their restructuring through ‘self-administration’ proceedings. In addition, Dentons restructuring lawyers Andreas Ziegenhagen and Dirk Schoene and their team are advising the German management of the Recylex Group within the scope of its self-administration. As a result of the COVID-19 pandemic and the dramatic decline in metal prices, the German subsidiaries of Recylex have each applied for protective shield proceedings under German insolvency law. The aim of the protective shield is to allow the companies to continue their individual restructuring measures and to return to economic stability after the pandemic - if necessary, in a new shareholder structure. Weser-Metall produces about 100,000 tons of lead per year at its headquarters in Nordenham (Lower Saxony), making it the third largest lead smelter and the second largest lead recycler in Europe. Harz-Metall has its headquarters in Oker in the Harz Mountains and is one of the leading European recycling companies for lead and zinc contaminated waste. The Recylex group has a total of eleven operating units and two administrative sites in France and Germany. In addition to the companies supported by Dentons, two other companies in the group, Norzinco GmbH and PPM Pure Metals GmbH, have also submitted applications for protective shield, whilethree other German subsidiaries requested self-administration under creditor protection. The Group's French companies are not affected. Andreas Ziegenhagen, Head of the Europe and German Restructuring practice, said: "With the filing for protective shield proceedings, we are making use of the most restructuring-friendly court proceedings in the interest of all stakeholders of the companies”. Advisor to Harz Metall / Weser Metall / German management of Recylex: Dentons (Berlin): Andreas Ziegenhagen (Partner, Restructuring, Berlin/Frankfurt), Dirk Schoene (Partner), Dr. Jan Seelinger (Counsel), Dr. Benjamin Kurzberg (Counsel), Judith Schmid (Senior Associate), Dr. Jakob Pickartz (Senior Associate), all Restructuring and Insolvency About Dentons Dentons is the world's largest law firm, connecting talent to the world's challenges and opportunities in more than 75 countries. Dentons' legal and business solutions benefit from deep roots in our communities and award-winning advancements in client service, including Nextlaw, Dentons’ innovation and strategic advisory services. Dentons' polycentric and purpose-driven approach, commitment to inclusion and diversity, and world-class talent challenge the status quo to advance client and community interests in the New Dynamic. www.dentons.com
Published: March 2020
Authors: Dr. Matthias Eggert Dr. Arne Klüwer
This country-specific Q&A provides an overview to Securitisation laws and regulations that may occur in Germany.
Qatar: Product Liability
Published: March 2020
Authors: Dorina Drowniak Zaher Nammour
This country-specific Q&A provides an overview to Product Liability laws and regulations that may occur in Qatar.
China: Restructuring & Insolvency
Published: May 2020
Authors: Xiuchao Yin Yang Zhiguo
This country-specific Q&A provides an overview to Restructuring & Insolvency laws and regulations that may occur in China.
United Kingdom: Public Procurement
Published: January 2020
Authors: Catherine Bingham David McGowan Dan Bodle
This country-specific Q&A provides an overview to Public Procurement laws and regulations that may occur in United Kingdom.
Morocco: Franchise & Licensing
Published: September 2020
Authors: Mehdi Megzari
This country-specific Q&A provides an overview to Franchise & Licensing laws and regulations that may occur in Morocco.