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Sale of real estate under threat of execution
A debtor can be guilty of hindering enforcement of a court order even when the order does not exist yet.
Compliance of the French procédure de sauvegarde with Polish public policy
The Supreme Court of Poland held that recognition of French procédure de sauvegarde in Poland – one of the proceedings to which Regulation No. 1346/2000 applies – leads to a result that is consistent with Polish public policy.
Gas Law proposal
In the last issue we discussed the proposed new Energy Law. Now it is time to turn to the second element in the package of energy legislation presented in December 2011 by the Polish Ministry of Economy.
Developers behind bars?
The Developers Act has not come into force yet but has already generated much controversy. Whom will it truly protect?
Paweł Ciećwierz: In every transaction, thorough due diligence is fundamental
A discussion with Paweł Ciećwierz, a partner at Wardyński & Partners who heads the firm’s Mergers & Acquisitions practice, about M&A in Poland and about the Transaction Portal
Selected issues under proposed amendments to the Payment Services Act
Although the Payment Services Act has been in force only a short time, there are already plans to revamp it.
Arbitration in Poland
Interest in arbitration is growing, due to its effectiveness, professionalism, confidentiality and speed—particularly important benefits for businesses. But the parties do not always take full advantage of the possibilities.
Assignment of receivables and effective satisfaction of lenders' secured claims
Under an amendment to the Bankruptcy Law, the position of a lender holding an assignment of the borrower’s receivables in the event of the borrower’s bankruptcy has changed, but the application and effects of the amendment in practice remain unclear.
Foreign investors speak out on legal barriers in Poland
The country’s strengths include a large, strong market, a skilled workforce, and political stability. The main barriers are the inflexible employment law, unclear tax regulations, and difficulties in seeking investment incentives.
Tax office needs to know about amendments to corporate charter
The Commercial Companies Code requires a company to notify the tax office of amendments to its articles of association or statute, but the law provides no sanctions for failure to do so.