Geological reconnaissance for the SMR facility

Experience / 28.02.2024

The law firm’s lawyers provided legal assistance to the Client on the subject of concluding a contract for geological and geophysical studies related to the location of the SMR facility.

The legal support included the analysis of draft agreements on the preliminary identification in the area of geology of the suitability of the location for the realization of the SMR facility, as well as in the area of geological and geophysical surveys necessary for such identification.

The law firm’s lawyers prepared opinions for the Client on the draft agreements in the area of risks related to the proposed contractual provisions, made amendments to the draft agreements consisting in the removal of unfavorable provisions and supplementing the draft agreements with the terms expected by the Client, in particular with regard to the type and timing of payment of remuneration, exclusivity and confidentiality rules.

The law firm’s legal assistance provided the Client with security not only in terms of formal and legal issues, but also in terms of business.