British Polish Chamber of Commerce

This time Mirella Lechna-Marchewka heading the firm’s Infrastructure and Public Procurement practices, discusses war as force majeure in the context of Russian aggression on Ukraine.

In the newest episode of News from Poland—Business & Law Jakub from Wardyński & Partners’ Litigation & Arbitration Practice, discusses the issue of ransomware attacks and in particular, dealing with ransom demands.

New York and San Francisco have emerged as the most expensive flexible office markets worldwide, while Berlin is one of the fastest-growing European markets, according to Workthere, a flexible office listing platform launched by Savills, that helps occupiers find flexible workspace.

Flowcrete brand, the leading expert in resin floors, introduces changes to its fast-curing resin floors range. The portfolio of systems based on methacrylic resins (MMA) has been developed under the well-known and proven brand of Flowcrete, i.e. Flowfast. It comprises five unique flooring systems, responding to various conditions of use. The systems meet all the most important needs in those areas of application where, apart from functionality, rapid installation is most important.

International law firm Clifford Chance advised mBank S.A. in connection with a synthetic securitisation transaction on a portfolio of corporate loans with the total value of PLN 8,922 million. As part of the transaction, mBank transferred a significant part of the credit risk of a selected securitised portfolio to an investor. The risk transfer of the securitized portfolio is performed through a recognised credit protection instrument, in the form of credit linked notes. UniCredit Bank AG acted as arranger and placement agent for the transaction.

Warimpex, a real estate development and investment company based in Vienna, has appointed Savills as the exclusive leasing adviser for office space in its new office complex located in Białystok at the junction of Bohaterów Monte Cassino and Wyszyńskiego streets. The phased project is expected to break ground this year.

Right to Work checks The Right to Work checks we must all conduct as employers are an important part of the recruitment process. Ensuring that these are properly conducted, and that adequate evidence is retained, are essential early steps in employing workers of any nationality. The provisions are changing from 6 April 2022. Are you ready?

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International law firm Clifford Chance advised Sibelco, a global material solutions company, on a tender offer for the purchase of all the shares in Krynicki Recykling, the largest glass recycling company in Poland.

Real estate advisory firm Savills continues to expand its Industrial Services Hub to deliver comprehensive advice to warehouse tenants, developers and landlords, with three more experts joining its Polish office.