January 20, 2014
In January 2014, the Warsaw office of Weil, Gotshal & Manges grew with the addition of Marek Durski, a legal advisor admitted to practice in Poland, a former vice-president of the management board of Polenergia, a member of the Kulczyk Investments Group, and a former head of the energy and infrastructural projects team at the law firm of CMS Cameron McKenna. Mr Durski will head the energy and natural resources practice in the Warsaw office of Weil, assisted by Łukasz Szatkowski, a legal advisor who significantly contributed to the creation of the energy and natural resources practice.
Also joining the energy and natural resources practice of the Warsaw office of Weil is Janusz Ogłaza, an advocate admitted to practice in Poland who was previously a senior associate in the energy and infrastructural projects team of CMS Cameron McKenna.
For more than ten years, Marek Durski’s practice has focused on advising the energy and fuel sectors. Mr Durski has broad experience in regulatory matters and disputes. He has advised on many investment projects involving power plants, cogeneration plants, onshore and offshore wind farms, biogas installations and interconnections. Many of those were cutting-edge projects, for instance the development of Poland’s first private natural gas cogeneration plant in Nowa Sarzyna or the development of the offshore wind farm Bałtyk Środkowy III (Baltic Proper III), known for being the first project in Poland that received an installation permit. Marek Durski advises traders in energy, natural gas, coal and crude oil and derivatives thereof. He has also participated in many equity transactions in the energy sector, including privatisation and restructuring processes. Mr Durski has recently been involved in the takeover by Kulczyk Investments of Polish Energy Partners S.A., a WSE-listed company.
Janusz Ogłaza has for many years specialised in advising the energy and fuel sector. Mr Ogłaza has broad experience in regulatory matters and litigation regarding the decisions of the President of the Energy Regulatory Office (URE). He has successfully represented generators in proceedings concerning compensation for stranded costs resulting from the early termination of long-term contracts. He has also advised on investment projects (including those based on the project finance formula) that involved the development of power and cogeneration plants, as well as the modernisation and extension of the refinery of Grupa LOTOS S.A. in Gdańsk. His practice covers rendering advice to generators, downstream companies and traders with respect to the legal environment of business operations in the electric energy and gas sectors. Mr Ogłaza has also participated in equity transactions related to the purchase of downstream assets and wind farms.
The expansion of the team of lawyers at Weil’s Warsaw office is important news for the market of legal advisory services rendered to the energy industry. The existing group of a dozen or so of Weil’s lawyers, which has been advising clients from the energy sector for years, has participated in key transactions in the Polish energy sector, including, inter alia, the recent development of new power units in Opole by the PGE Group, in Kozienice by the ENEA Group and in Ostrołęka by the ENERGA Group, equity transactions such as the takeover by ČEZ of the wind farm developer ECO-WIND Construction and the takeover by TAURON of Górnośląski Zakład Elektroenergetyczny from Vattenfall, and has represented energy clients in major disputes, such as the dispute between PGNiG and Gazprom regarding the renegotiation of gas delivery prices and J&S Energy’s appeal against the penalty imposed by the Material Reserves Agency for the default on the obligations arising from the act on fuel reserves.
The above changes positively enhance the position of Weil’s Warsaw office as a leading advisor in the energy and industry sectors in Poland.
This news was reported in the following outlets (may require registration/subscription):
- International Financial Law Review: Weil Gotshal & Manges strengthens its Warsaw energy and resources practice (January 23, 2014)