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Will pharmacy M&A still be possible?
On 17 August 2023 the parliament held its final vote on a bill to tighten the section of the Pharmaceutical Law known as “Pharmacies for Pharmacists.” Now the act will be sent to the President of Poland, who will decide whether to sign it into law. The amendment (known as “Pharmacies for Pharmacists 2.0”) is stirring a lot of controversy. Its entry into force would significantly restrict the possibility to buy and sell pharmacies, and would require the Pharmaceutical Inspectorate to scrutinise franchise agreements. Pharmacy chains are concerned that the new provisions will lead to expropriation.
The end of fast fashion? New regulations will soon cover textiles
Over 12.5 million tonnes of textile waste is generated every year in the European Union. Almost half of that is clothing or shoes. The average EU resident generates about 12 kg of textile waste per year. But there are no legal regulations in place facilitating sustainable management of such waste.
The purpose of referral to arbitration
Generally, dispute resolution is entrusted to state courts, but the parties can renounce this jurisdiction in favour of arbitration. Typically, the parties elect arbitration in an arbitration clause included in their original contract, signed well before any dispute arises. In other cases, after a dispute arises, the parties may agree to seek arbitration by signing a post-dispute referral to arbitration.
New cars from used parts? It is time for new automotive regulations
Each year, nearly a million used vehicles are exported from Europe, often in very poor condition. They mainly end up in Africa, where they pollute the environment and pose a risk to humans. At the same time, around 3.5 million vehicles a year disappear without a trace from European roads, presumably ending up illegally exported and dismantled. But they could be a source of spare parts and critical raw materials in Europe.
The European Commission may now investigate subsidies from third countries
Starting 12 July 2023, the European Commission can initiate investigations into financial support granted to undertakings by countries outside the European Union, pursuant to the Foreign Subsidies Regulation (FSR). The purpose of the regulation is to combat distortions in the EU single market caused by foreign subsidies, while keeping the EU open to trade and investment.
Amendments to the Strategic Investment Programme for 2011–2030
The Council of Ministers has adopted an amendment to the Programme for Supporting Investments of Strategic Importance to the Polish Economy for 2011–2030, under Resolution 91/2023 of 5 June 2023. The changes will be in effect until the end of the support period (2025).
News from Poland—Business & Law, Episode 37: Employment Without an Establishment (EWE)
In this episode, Magdalena Świtajska explains how foreign firms may directly employ workers in Poland.
News from Poland—Business & Law, Episode 36: The Legal Basis for the Employment of a Management Board Member
In this episode Agnieszka Godusławska and dr Joanna Prokurat, explain on what legal grounds Polish companies can employ board members.
When a debtor starts litigation to avoid paying a debt—continued
It is worthwhile for creditors to take part in litigation even if the outcome could go against them. This way, they can help prevent the court from issuing rulings sought by colluding debtors and their allies.
News from Poland—Business & Law, episode 35: Documents demands and dawn raids
In this episode Artur Pietryka discusses how a company should react if it is served with a demand from law enforcement to provide documents or information.