Warsaw, 27 September 2017

Development financing of the Residential Complex „Nowy
Punkt 3” in Warsaw

ARCLIFFE Warsaw has advised Bank Polska Kasa Opieki S.A. with respect to the development financing of the residential complex „Nowy Punkt 3” in Warsaw. Value of the financing amounts to approx. PLN 24,500,000. Napolo Group was the borrower on the project....

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Nicosia, 6 September 2017

M&A in Cyprus

Section 198 of Companies Law regulates compromises between the majority of a company’s creditors which may then be imposed on all its creditors, and enables class rights of company members to be varied where no provision otherwise exists to vary them. It should be noted that such a scheme cannot be sanctioned by court if it is ultra vires to the company or contrary....

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Tirana, 22 August 2017

A short discussion on the electricity and gas sector in Albania

Albania performs reasonably well overall with respect to the quality of its energy (electricity and natural gas) sector. A recent EBRD energy law reform assessment, for example, shows that the country’s regulatory independence remains strong although private sector participation and market framework are the key weaknesses....

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