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Clifford Chance advised HPI Germany Hotelbesitz GmbH ("HPI"), a part of CTF Development, Inc. on the acquisition of an IBIS Hotel in Prague 8 from insolvent Quinn Group. Frankfurt-based HPI is an affiliate of pentahotels, a new generation of lifestyle hotels

Partners Giouroukakis, Godfrey, Kornreich and McWilliams selected based on their accomplishments in their respective practices.

DLA Piper has advised Banco Santander Group on the recent investment in its subsidiary Bank Zachodni WBK S.A (BZ WBK) by the European Bank for Reconstruction and Development (EBRD). The investment, which totals PLN 332 million, will be in the form of subscription for new shares in a private placement transaction, and will result in the EBRD holding a minority equity stake in BZ WBK.