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Where there's a will there's a way
The Notarial Register of Wills, recently rolled out by Poland’s National Council of Notaries, makes it easier for creditors to locate a will and establish the legal successors of a deceased debtor.
Securitisation: Be careful about reserving title to sold goods!
A business may enter into an agreement assigning its receivables to a securitisation fund, but effective assignment of claims of title to generically identified sold goods may require notice to the buyer.
Best practice just gets better and better
Under amendments to the WSE Code of Best Practice, companies will have to publish their sponsorship policies and comment on false reports about the company.
Rights of social groups in the construction process
What proceedings do ecological organisations have a right to participate in?
Test for application of the Payment Services Act
In light of the consequences that follow from a duty to comply with Poland’s new Payment Services Act, it is important for companies to review carefully whether the act will apply to the services they perform.
Identification requirements for corporate letterhead
The Commercial Companies Code requires companies to identify themselves in commercial dealings by providing specific information about the company. Failure to do so may have serious consequences for the individuals responsible.
Statements or certificates in public procurement?
Whether a foreign bidder in a Polish tender must submit certificates issued by the public authorities abroad, or merely submit a declaration, depends on the scope of certificates that are issued in the other country.
Regulations implementing the Payment Services Act
We continue our series of articles on the act transposing the Payment Services Directive into Polish law with a few comments on the implementing legislation.
Amending the articles of association when the company is still in organisation
The Polish corporate code says the articles of association of a limited-liability company in organisation may be amended by a shareholder resolution, but the Supreme Court says a shareholder agreement is required.
When a corporate manager may be held criminally liable for pollution
Criminal liability for unlawful acts detrimental to the environment may be imposed not only on a company, but also on its managers.
