GREENBERG TRAURIG IS A LEADER IN LANDMARK DEALS

WARSAW -- The Warsaw office of global law firm Dispute Resolution, and Restructuring/Insolvency. Greenberg Traurig, LLP, named the 2013 International Earlier in 2015, as part of a strategy to strengthen one Law Firm of the Year in Poland by Chambers and of the top international real estate practices, the firm Partners, has been involved in some of Poland’s most added two leading real estate teams in Central Europe talked about transactions. to its existing group. The addition of 12 new attorneys Recently, the office became the first law firm in to the Warsaw office created one of the largest and Poland to advise on a bond issue under the most diversified real estate practices in the region. new Bonds Act, the client being . “Greenberg Traurig is known for its contribution to Additionally, team members advised S.A. JAROSŁAW GRZESIAK the process of changing the legal system, both from concerning Poland’s biggest restructuring deal; WARSAW MANAGING the theoretical and the practical points of view. The SHAREHOLDER advised on the biggest TV rights transaction in solutions developed by our team have been reflected GREENBERG TRAURIG Polish history; and advised Wirtualna Polska Holding on many occasions in the legal system and have been S.A. and Innova Capital on the largest IPO on the seen as a reference standard on the market,” said Warsaw Stock Exchange in over a year. Jarosław Grzesiak, managing shareholder and head “The recent expansion of the real estate team catapults of the Capital Markets practice of the Warsaw office our Real Estate Practice into the top tier and thus, of Greenberg Traurig. Grzesiak is ranked in Band 1 in gives us a unique position in the market of being Corporate/M&A and in Band 1 in Capital Markets Equity the only law firm that enjoys the top ranking in five in Chambers Europe 2015. key areas of business legal practice: Capital Markets: “Our Warsaw team was successful in Poland for two Equity, Corporate/M&A, Private Equity, Tax, and now decades before they joined Greenberg Traurig and Real Estate,” said Lejb Fogelman, senior partner of the have always been integral to the Warsaw business Warsaw office of Greenberg Traurig. Fogelman has LEJB FOGELMAN and legal communities. Establishing this office been recognized by Chambers Europe 2015 as a Senior SHAREHOLDER was an important opportunity in one of the most Statesman, the highest possible rank, in Corporate/M&A. GREENBERG TRAURIG important and successful European markets, where The Warsaw office of Greenberg Traurig boasts a entrepreneurship in the private sector is highly valued wealth of experience concerning all aspects of varied and supported with policies that focus on growth,” undertakings connected with trading in securities said Richard A. Rosenbaum, Greenberg Traurig’s chief on the Polish and international equity markets. The executive officer. experience of attorneys from the capital markets team is confirmed every year by international and Polish SELECT TRANSACTIONS RECENTLY COMPLETED rankings. The office is recognized often for excellence in BY THE WARSAW TEAM: a number of legal practices, being ranked in Poland in • Advised Bank Pekao S.A., one of the largest creditors Band 1, the highest possible position, in Capital Markets: of PBG S.A., in its bankruptcy with composition in Equity, Corporate/M&A, Private Equity, Tax, and Real the course of a rehabilitation process that took more RICHARD A. ROSENBAUM Estate, according to Chambers Europe 2015. As such, than three years to be finalized. This court-supervised CEO Greenberg Traurig is the only law firm in Poland with top restructuring of PBG’s debt is the largest such GREENBERG TRAURIG ranking in those five areas. Moreover, Greenberg Traurig procedure in Poland’s history, the aggregate value is Band 3 in Banking and Finance, Capital Markets Debt, of receivables of PBG’s creditors exceeding PLN 3.2

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billion. The PBG restructuring was one the private equity fund Innova Capital - on the Based on the agreements, Cyfrowy Polsat most complex transactions on the Polish initial public offering of shares and listing acquired shares in Metelem in exchange for market, combining various diverse elements on the Warsaw Stock Exchange. The value its own new shares with a total issue price of bankruptcy law, securities, and bonds of the IPO was PLN 294 million and it is the close to PLN 6.15 billion. trading laws. largest initial public offering in Poland in • Served as legal adviser in the most over a year. Greenberg Traurig provided • Became the first law firm in Poland to important transactions in the banking Wirtualna Polska Holding S.A. and the selling provide legal advice regarding a bond sector in Poland, including having shareholder, European Media Holding S.à r.l., issue governed by the new Bonds Act. represented clients in most mergers and The client, Cyfrowy Polsat, completed the acquisitions of banks. As an example, issue of Series A unsecured bearer bonds the firm represented PKO BP in the with the aggregate nominal value of PLN 1 “The recent expansion of the acquisition of Nordea Polska, BNP Paribas billion. The bonds were issued within the real estate team catapults our in the acquisition of Bank Gospodarki framework of a public offering addressed Żywnościowej, and on the to more than 150 designated investors. Real Estate Practice into the top acquisition of Meritum Banku S.A., among The company is planning to seek the tier and thus, gives us a unique others. introduction of the bonds to the alternative trading system operated by the Warsaw position in the market of being ABOUT GREENBERG TRAURIG, LLP Stock Exchange within the framework the only law firm that enjoys Greenberg Traurig, LLP is an international, of the Catalyst market. The new Bonds multi-practice law firm with approximately Act, which came into force July 1, 2015, the top ranking in five key 1900 attorneys serving clients from 38 reintroduces the bondholders meeting, areas of business legal practice: offices in Europe (Poland, Berlin, the UK, governs the procedure for amending the and Amsterdam) and in the United States, terms of the issue of bonds, introduces new Capital Markets: Equity, Latin America, Asia, and the Middle East. The types of bonds, and clarifies various issues. Corporate/M&A, Private Equity, firm is among the 2015 BTI Brand Elite and • Advised on the sale of media rights relating Tax, and now Real Estate.” among the most “Tech Savvy.” It was on the to the Polish Premiere League (Ekstraklasa) —Lejb Fogelman 2013-2015 BTI Client Service 30 listings of firms in seasons 2015/2016 to 2018/2019 to “most recognized by clients for providing the broadcasters nc+ and Eurosport. In excellent client service,” and one of the 2014 terms of value, the TV rights license to with multidisciplinary legal advice with BTI Client Relationship Scorecard “Power broadcast all football matches represents respect to Polish, English, and American Elite,” based on the nature and strength of the biggest contract ever concluded law in connection with the preparation and its client relationships. More information at: within the domestic sports media industry. consummation of the IPO. www.gtlaw.com. Greenberg Traurig represented well-known international marketing agency MP & Silva, • Acted as legal counsel to S.A. ABOUT GREENBERG TRAURIG acting as exclusive advisor to Ekstraklasa on in a rights issue of 55 million new shares GRZESIAK SP.K the marketing, distribution, and exploitation with a total value of PLN 995.5 million placed Greenberg Traurig Grzesiak sp.k. was named of media rights with respect to Polish with the company’s existing shareholders. the 2013 International Law Firm of the Year football for the next four seasons. The In terms of value, it was the biggest public in Poland by Chambers and Partners. The participation of Greenberg Traurig in this offering of new shares in Poland in 2014 Warsaw office of Greenberg Traurig, LLP unique TV rights sale process included all and one of the largest public offerings in provides legal services to clients in Central of its stages from the establishment of a Poland that year altogether. Europe and beyond and is comprised of tender aimed at disposing of all media rights • Provided advice on Cyfrowy Polsat S.A.’s 80 lawyers. Team members are regularly relating to Ekstraklasa competitions, through acquisition of Polkomtel, the operator recognized as leaders in numerous practice negotiations with a number of bidders, and of the “Plus” mobile network. The areas. Chambers Global, Chambers Europe, finally the execution of licence agreements transaction created the largest media and IFLR1000 and EMEA Legal 500 consistently with TV broadcasters. telecommunication group in the region rank them among the top tier in the areas • Advised Wirtualna Polska Holding S.A. and and one of the largest corporations in of Corporate/M&A, Capital Markets, Private its selling shareholder, European Media Poland. Greenberg Traurig advised Cyfrowy Equity, Tax, Banking and Finance, Energy, Holding S.à r.l. - an entity controlled by the Polsat on all aspects of the transaction. Real Estate, Dispute Resolution and TMT.

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