The “Financial Shield” programs are a part of the Polish Government-established “Anti-Crisis Shield” aid program, implemented by the Polish Development Fund. The programs, worth PLN 100 billion, aim to protect the labor market and to ensure companies’ financial liquidity in periods of severe economic disruption. Joanna Dynysiuk, Head of Legal, Anna Wawrzynczak, Office Director – Legal Office – Corporate, and Anna Blonska, Office Director – Legal Office – Investments, describe the programs and the legal work behind it.
On April 17, 2020, CEE Legal Matters reported that Linklaters had advised Penta Real Estate on the sale of the D48 office building in Warsaw to IAD Investments. We reached out to Damian Grzywacz, Managing Director in Penta Real Estate Poland, to learn more about the deal.