Wierzbowski Eversheds Sutherland has advised the Ministry of Investment and Economic Development on establishment of Polska Grupa Lotnicza (Polish Aviation Group). The team of lawyers responsible for the project was headed by Ewa Szlachetka, partner and head of the M&A practice and the banking and finance practice.
Polska Grupa Lotnicza (Polish Aviation Group), founded at the beginning of 2018, is a joint-stock company with capital of PLN 1.2 billion. The group is made up of the most important state-owned civil aviation companies, including LOT Polish Airlines, LOT AMS (technical servicing of aircraft) and LS Airport Services (ground services for passengers and cargo).
Wierzbowski Eversheds Sutherland was responsible for conducting comprehensive due diligence of the companies intended to make up the capital group, and advising on development of the operating rules of the newly created group. The M&A team headed by Ewa Szlachetka included the work of more than ten lawyers, with key tasks performed by Renata Patoka, Krzysztof Feluch, Natalia Burchardt, and Katarzyna Duda.
Six law firms submitted bids in the tender for this project. The bids were opened on 30 October 2017 and on 9 November 2017 the bid of Wierzbowski Eversheds Sutherland was selected as the most advantageous.
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