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DWF successfully represent Multikino S.A. in proceedings based on the rebus sic stantibus clause

26 July 2021

DWF in Poland have successfully represented Multikino S.A. in proceedings based on the rebus sic stantibus clause and concerning lease agreements. 

These proceedings concern the formation of lease agreements in connection with the extraordinary change in economic relations caused by the COVID-19 pandemic. Maciej Antoniak (Local Partner, Warsaw), Maria Kierska (Senior Associate), and Dominika Sarek (Associate) represented Multikino S.A. 

Maciej Antoniak, Local Partner in the DWF Dispute Resolution and Arbitration Team in Poland, commented, "Cases based on rebus sic stantibus are exceptionally interesting and complex due to their legal and economic conditions, and in the current market reality they are also precedent-setting. Therefore we are more especially pleased that we can successfully support our client in subsequent proceedings."

Multikino, which belongs to the Vue International Group - a leader in the European cinema market, was the first operator to open a multiplex in Poland in 1998. Since then it has been setting the highest standards in the construction and operation of cinemas in Europe and worldwide. Vue currently have 33 cinemas in 27 Polish cities with a total of 267 screens operating under the Multikino brand. In May 2019, the chain acquired Cinema3D cinemas, thus increasing the number of locations to 44 with 316 screens in 37 cities.

 

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