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Legal position of crowdfunding platforms
Operators of crowdfunding platforms must consider numerous potentially applicable regulations, governing such matters as electronic services, payment services, money laundering, securities trading, foreign exchange and banking.
Subparticipation in Poland: Legal and tax aspects
Amendments to the Corporate Income Tax Act which went into effect on 1 January 2014 provide an opportunity to revive the practice of subparticipation in lending in Poland.
Overwhelming evidence
Poland’s rules of civil procedure require the parties to present all their evidence at the very beginning of the case. This is supposed to expedite the proceedings. But is it counterproductive?
Welcome to our new portal
The portal “In Principle”—created through the merger of the Litigation Portal and the Transactions Portal—is designed for managers and lawyers. We write simply about complex legal issues affecting business.
Water: A commodity or a fundamental human right?
Water covers about 71% of the planet, but only some 5% of water resources (excluding seawater) are privately controlled. The water market is valued at some USD 800 billion per year and attracts increasing commercial interest.
Polish, English, or maybe French? What language should aviation contracts be drafted in?
Polish law provides great discretion in choosing the language for contracts. But in regulated industries, such as aviation, this rule may be modified.
Prof. Jan Lubiński: We won’t go far without innovation
An interview with Prof. Jan Lubiński, geneticist and researcher into the role of microelements in prevention of cancer, founder and CEO of Read-Gene SA, and member of the Council of the National Centre for Research and Development.
A defective bank guarantee does not constitute a bid bond
The failure to identify the guarantor in the wording of the bank guarantee prevents the contracting entity from recognising the bid bond as properly paid. An error of this type cannot be cured by way of interpretation.
Introduction
Environmental issues