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Dentons > The Legal 500 RankingsDentons‘ first-rate banking and finance team has experience of handling Czech law transactions and CEE regional matters, as well as financings governed by English law. In addition to being active in matters involving acquisition finance, project finance and real estate finance, it is also noted for its structured finance expertise, among other areas. Elsewhere, the group is also sought after for advice on capital markets transactions and complex regulatory issues. Jiří Tomola and Daniel Hurych jointly lead the team, which also includes Martin Manduľák. In a notable recent development, Pavel Boguský joined from Clifford Chance in November 2021.
Other key lawyers:
‘Professional local team, global footprint, innovative and flexible.’
‘Flexible, rational, reliable, capable banking practice.’
‘Jiri Tomola, Dan Hurych, Martin Mandulak, all fully trusted, committed and supportive. Negotiating constructively and responsibly even if representing borrower side.’
‘They are able to keep their loan documents more straightforward and practical (when compared with some of their competitors), without compromising on knowledge of trends, quality and legal protection.’
‘Daniel Hurych – good balance of personal involvement in client matters with leaving space to younger associates to do more routine tasks.’
‘Great co-operation, communicative employees, high involvement of the partner, supportive technology.’
‘Deep knowledge, ability to propose the right solutions, ability to deliver in challenging times.’
Česká spořitelna (ERSTE)
Komerční banka (Société Générale)
Československá obchodní banka (KBC)
Czech Export Bank
CPI Property Group
Rockaway Capital/Invia Group
Vestar/Kings’ Casino Group
- Advising a syndicate of banks on the €550m complex refinancing of Fortuna Entertainment Group.
- Advising Smartwings on its out-of-court restructuring and CZK2bn rescue financing.
- Advising a syndicate of banks on a loan to DEK for the purposes of acquisition of building materials manufacturer BEST.
Czech Republic > Employment Tier 1Dentons is particularly well regarded for its employment advisory practice, within which it provides support on domestic and cross-border matters, such as employee transfers, collective dismissals and HR restructurings. The team also has a noteworthy contentious practice, which is led by Ladislav Smejkal, and focuses on discrimination, unfair dismissal and collective bargaining litigation. Smejkal co-heads the practice with ‘standout individual’ Tomáš Bílek, who is known for his work in the manufacturing and pharmaceuticals sectors. Counsel Andrea Spinová (Hámorská) joined Honeywell in 2021.
‘Dentons is my preferred firm for employment law in the Czech Republic, Hungary, and Poland. They are practical and realistic in their advice, often explaining the law and the practice to manage our expectations.’
‘They’ll explain what the law says vs what we find in practice and the real risk of the decisions we make. Standout individual was Tomas Bilek.’
Unilin / Mohawk Industries
Tiffany & Co
- Advising ING Bank on organizational changes and redundancies in the context of its departure from the Czech retail banking market.
- Provided long-term employment advice to Adient in the Czech Republic.
- Provided extensive contentious and non-contentious employment advice to four companies from the Valeo Group in the Czech Republic.
‘I appreciate that the Dentons team has extensive international experience that can be used to deal effectively with foreign matters.’
Draslovka Holding / bpd partners
- Advising Sev.en Energy on its acquisition of the Počerady power plant from the energy group ČEZ.
- Representing Veolia before the Supreme Administrative Court in the disputes concerning the reimbursement of illegal gift tax on emission allowances and related interest.
‘Marketa Tvrda – strongly oriented and focused on customer needs, customer friendly open-minded approach, highly professional.’
‘Very independent in leading the transaction and understanding where they need inputs or key decisions from the client, which smooths the transaction and simplifies the agenda for a business person to stay focused on the commercial aspects of the transaction.’
‘Filip Spina: Responsiveness, efficiency, delivery on time. Finding reasonable solutions acceptable also by the opposite party.’
‘Unrivalled experience and breadth of the Dentons real estate team in the Czech / CEE market. London/global-style of client focus, solution-driven, quality of advice and research.’
‘Jan Solc is a standout individual. He is meticulously detailed, operates at pace, works hard to put the client first and is calm under pressure.’
‘Jana Matiskova – outstanding lawyer and key individual, fantastic work for us on administrative proceedings concerning real estate.’
‘The most competent team in the market. Resourceful with good commercial acumen.’
Zeitgeist Asset Management
- Advised Unibail-Rodamco-Westfield on agreement to sell Slovakia’s third-largest shopping centre for €450m.
- Advising Skanska on the sale of the Parkview office building in Prague to Deka Immobilien.
- Advising AFI Europe on its acquisition of Avenir Business Park.
Other key lawyers:
‘The team has strong experience in PE transactions and can deploy experts to work on projects from their international offices as necessary.’
‘Jan Procházka is proactive, knowledgeable and responsive.’
BPD Partners/ Draslovka Holding
CEE Equity Partners
Geopost / DPD group
- Advising on Draslovka Holdings’ definitive agreement to acquire The Chemours Company for $520m.
- Advising Czechoslovak Group on the complex corporate restructuring and subsequent sale of Skyport Group.
- Advising Raiffeisenbank on the acquisition of ING Bank’s Czech retail banking portfolio.
‘Always prepared to help quickly and react to any requests.’
‘Ladislav Storek has great knowledge of various corporate topics.’
‘We have worked with DENTONS on dispute resolution matters for several years now, including both domestic and cross-border disputes. Generally speaking, DENTONS are super-responsive, organized and focused on the results. They always have the big picture in mind and client interests are their top priority. They work the same whether it is in one country or whether the dispute involves several jurisdictions and multiple parties. They deliver excellent quality work within agreed time frames and budget, and work in an open and transparent manner.’
‘We work with partner Ladislav Storek, who is the head of their dispute resolution team and coordinates all their work for us. Ladislav is a brilliant litigator who delivers excellent service and is someone we can count on at all times.’
‘Unique experience in both real estate and litigation across a number of cases.’
‘Ladislav Storek – very good speaker and experienced litigator.’
Tatra Defense Vehicle
Česká exportní banka
- Defending Heimstaden in various litigations brought by companies controlled by Pavol Krúpa.
- Represented Veolia Energie ČR before the Supreme Administrative Court in litigation regarding interest from illegal gift tax imposed on all emission allowances.
- Acting for Česká exportní banka and the Bank for Investment and Development of Vietnam in connection with pending insolvency proceedings against Trade B.G.M. in the Czech Republic and enforcement in Vietnam.
Other key lawyers:
‘We were satisfied with their efficient, timely advice. We value most the very informal but straightforward approach of Dentons’ competition team and their ability to accommodate their legal advice to specific needs of the client.’
‘Petr is a seasoned expert in negotiations with Czech Competition Office. His presence gives clients full confidence in the positive outcome of the competition matter. Adam is a young dynamic hands-on competition/regulatory specialist.’
‘Analytical, knowledgeable, useful advice.’
‘Petr Zákoucký – excellent professional with great knowledge of the law and market’
BPD Group / Draslovka Holding
Unibail Rodamco Westfield
- Advising Draslovka Holding on merger control issues in connection with the acquisition of the Chemours Company mining solutions business.
- Advising Seven Energy on merger control issues regarding the acquisition of lignite power plant Elektrárna Počerady from ČEZ.
- Advising Raiffeisenbank on merger control issues on the acquisition of the Czech retail banking portfolio from ING Bank NV.
Czech Republic > Tax Tier 3Dentons‘ Prague office provides a full range of tax services to clients, with its work covering compliance, tax planning and disputes. The team is particularly known for its work in the energy sector, advising on complex litigation matters. It is also well connected with the firm’s corporate and finance practices, and provides related support. Practice head Petr Kotáb, who focuses on transactional matters, has a strong profile among international clients.
‘Petr Kotab is an extraordinary adviser with whom I like cooperating.’
‘Combination of law and tax is unique at Dentons Prague.’
Sev.en EC, a.s
Veolia Energie ČR, and Veolia Energie Kolín
- Representing Veolia in disputes concerning the reimbursement of illegal gift tax on emission allowances.
- Advising arranger and dealers on update of the EMTN programme of an issuer operating in the energy sector.
Dentons > Firm Profile
The firm: Dentons’ legal team has been active in the Czech market since 1991.
Dentons is designed to be different. As the world’s largest law firm with 20,000 professionals in over 200 locations in more than 80 countries, we can help you grow, protect, operate and finance your business. Our polycentric and purpose-driven approach, together with our commitment to inclusion, diversity, equity and ESG, ensures we challenge the status quo to stay focused on what matters most to you. www.dentons.com
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||Marketa Tvrdaemail@example.com||+420 236 082 223|
|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|
|TMT||Zdenek Kucerafirstname.lastname@example.org||+420 236 082 283|
|IP||Zdenek Kuceraemail@example.com||+420 236 082 283|
|Life Sciences||Tomas Bilekfirstname.lastname@example.org||+420 236 082 226|
|Mr Tomáš Bílek||Tomáš Bílek is Partner and Co-Head of the Employment and Labor practice…||View Profile|
|Ms Alžběta Böhmová||Alžběta Böhmová is a junior associate in Dentons’ Prague office. She focuses…||View Profile|
|Ms Štěpánka Havlíková||Štěpánka Havlíková is a junior associate in Dentons’ Prague office. She focuses…||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 the Banking & Finance Practice…||View Profile|
|Mr Petr Kotáb||Petr Kotáb is Head of Dentons’ Tax team in Prague. Petr combines…||View Profile|
|Zdeněk Kučera||Zdeněk Kučera is a partner in Dentons’ Prague office and Head of…||View Profile|
|Mr Evan Lazar||Evan Z. Lazar is Co-Chairman of the Global Real Estate Group at…||View Profile|
|Mr Martin Manduľák||Martin is Counsel in Dentons’ Prague office. He advises on a variety…||View Profile|
|Mrs Jana Matisková||Jana Matisková is a senior counsel and a member of the Real…||View Profile|
|Mr Stewart M. Middleman||Stewart M. Middleman is the head of cross-border transactions for Dentons’ Global…||View Profile|
|Mrs Barbora Obračajová||Barbora Obračajová is an associate, innovation ambassador, and a member of the…||View Profile|
|Mr Jan Procházka||Jan Procházka is a partner in Dentons’ Prague office with 20 years…||View Profile|
|Mr Adam Přerovský||Adam Přerovský is a senior associate in Dentons’ Prague office. Adam is…||View Profile|
|Mr Petr Slach||Petr Slach is Senior Counsel in Dentons’ Prague office with over 25…||View Profile|
|Mr Ladislav Smejkal||Ladislav Smejkal is Partner, Head of the Criminal law practice and Co-Head…||View Profile|
|Mr Jiří Stržínek||Jiří is partner and Co-head of the Real Estate Practice Group in…||View Profile|
|Ms Sona Taghiyeva||Sona Taghiyeva is Partner in Dentons’ Prague office. She focuses on corporate…||View Profile|
|Mr Jiří Tomola||Jiří Tomola is Partner, Co-head of Banking and Finance Group and Head…||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 the Czech Republic Managing Partner. He is the Head…||View Profile|
|Mr Ladislav Štorek||Ladislav Štorek is Partner and Head of Litigation and Dispute Resolution Practice…||View Profile|
Staff FiguresNumber of lawyers : 12,000+ Number of professionals : 20,000+ Number of locations : over 200 Number of countries : more than 80 Number of lawyers at this office : 60+
LanguagesAzerbaijani Czech English French German Russian Slovak Spanish
OtherOther offices : Dentons now has 200+ offices in 80 countries
At Dentons, we believe that inclusion and diversity are essential to the success and strength of our Firm and the quality of our advice to, and representation of, our clients. We are committed to providing a flexible environment where everyone respects, supports and learns from our collective skills, talents and differences. Click here for our global statement on inclusion and diversity.
Over the last 12 months only, we have advanced numerous inclusion and diversity initiatives for both our people and our clients:
- Women’s Professional Advancement Strategy – Europe: Our policy sets out a comprehensive strategy to reach a target of 30% women in partnership and key leadership roles by 2025. This includes an agile working policy, mentoring and sponsorship for up and coming female talent, business development support, anti-bias training for partners and HR managers, participation of women in leadership development programs, involvement of a member of the women’s advancement committee in partner admission interviews, and various other steps.
- 2020 the Year of the Ally: A year-long campaign to use allyship to produce positive, sustained change, including International Women’s Day, Global Pride Day, Global Virtual Town Halls and Global Allyship Trainings. Our Global CEO led a series of global listening sessions to share experiences and co-create responsive actions. The result was five enhanced Global Commitments to Inclusion and Diversity along with clear actions to support change. We also held town hall webinars around themes such as discrimination, racism, allyship, multiculturalism, LGBT+ inclusion in Amsterdam, Frankfurt and Warsaw.
- External collaboration: We have strengthened our collaboration with key organizations promoting inclusion, such as Stonewall, Catalyst, Global Women Connect, International Women’s Forum. Dentons was named a Stonewall Top Global Employer 2020.
- Pro bono: As part of our Positive Impact strategy, key focus of our pro bono work has been supporting human rights of diverse groups such as women/girls, LGBT+ and migrants and promoting access to justice. We work closely with organizations such as UN Women and Led by Her to promote equality, support reproductive rights and combat violence against women. Dentons lawyers have worked alongside civil society organizations and taken on important strategic litigation cases to promote LGBT+ rights and promote marriage equality. As part of the Greece Pro Bono Collaborative Project, we have provided direct legal support to asylum seekers on Lesbos.
- Big Inclusion Project: The Big Inclusion Project was designed to accelerate the inclusion agenda at Dentons and leverage the power of our people to build solutions aligned with our business objectives. Over 225 people across 68 offices at all levels within the Firm, including 12 of our Global Board members, participated on 22 teams to come up with inclusion and diversity solutions at Dentons. The Big Inclusion Project continues as we work to put into action the solutions developed by our Big Inclusion Project teams.
Press Releases7th July 2022 Dentons LuatViet is delighted to welcome back Mr. Phuc Le to join our firm as a Special Counsel. He will primarily provide legal services to our clients in the US and Moscow.
4th July 2022 Singapore, 1 July 2022 – Singapore’s Big Five Law Firm Dentons Rodyk are today announcing the arrival of senior corporate lawyers Evelyn Ang and Emily Low. Together with six other lawyers, they join Dentons Rodyk from Big Four accounting firm EY’s Singapore law practice, Atlas Asia Law Corporation (AALC). The news follows Dentons' recently launched combination with leading Vietnamese law firm LuatViet, as the Firm pursues its goal of being the leading pan-ASEAN law firm.
17th June 2022 Dentons has launched its previously announced combination with leading Vietnamese law firm, LuatViet, which has more than 40 legal professionals serving clients from offices in Ho Chi Minh City and Hanoi.
Former Deputy Director of Attorney-General’s Chambers Navin Naidu joins Big Five Law Firm Dentons Rodyk17th June 2022 Big Five Law Firm Dentons Rodyk & Davidson LLP is pleased to announce the arrival of Attorney-General’s Chambers’ former Deputy Director Navin Naidu to the firm’s White Collar and Government Investigations practice.
How Singapore’s Big Five law firm Dentons Rodyk is embracing the future of work and ditching its traditional office for good14th April 2022 Visions for the future of work have never been bolder. The COVID-19 pandemic changed notions on how many felt a work environment should be. The world was rushed into accelerating technology adoption, increasing digital connectivity and embracing virtual collaboration. As we usher in a new and dynamic decade, Dentons Rodyk envisions the future of work by ditching its traditional office for good and introducing a permanent hybrid work model.
18th 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 DentonsDentons 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 DentonsDentons 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 HentrichAbout DentonsDentons 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 DentonsDentons 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 EnergySev.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 DentonsDentons 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 InsolvencyAbout DentonsDentons 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
Qatar: Product Liability
Published: March 2022
Authors: Dorina Drowniak Zaher Nammour
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Authors: Mary Liz Mahony Andrew Muckian Tom Dalton Thomas Timlin
This country-specific Q&A provides an overview to Construction laws and regulations that may occur in Ireland.
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United Kingdom: Construction
Published: April 2022
Authors: Mark Macaulay Esther McDermott Kirsti Olson Tracey Summerell Akin Akinbode
This country-specific Q&A provides an overview to Construction laws and regulations that may occur in United Kingdom.
Qatar: Public Procurement
Published: January 2022
Authors: Zaher Nammour Paul Prescott Joelle Salame
This country-specific Q&A provides an overview to Public Procurement laws and regulations that may occur in Qatar.
United Kingdom: Public Procurement
Published: January 2022
Authors: Jennifer Robinson David McGowan Dan Bodle
This country-specific Q&A provides an overview to Public Procurement laws and regulations that may occur in United Kingdom.
Published: February 2022
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.