Procedure for renouncing a contract may be simplified
The law is fairly rigorous when it comes to the ability to renounce a bilateral contract. A number of conditions must be met for a contract to be effectively renounced. But may the parties to the contract simplify the procedure?
Can a company defend against a hostile takeover?
When reports become public of plans for a hostile takeover of an exchange-listed company, the question arises whether the company may take any measures to oppose the takeover.
Investors may review expert reports on the effect of electrical connections
The Court of Competition and Consumer Protection has broken the power companies’ monopoly on information about the condition of the power grid in proceedings seeking a connection to the grid.
Online registration of a limited-liability company: selected aspects
An amendment to Poland’s Commercial Companies Code that went into effect on 1 January 2012 enables quick registration of a limited-liability company via internet. The “S24” procedure, as it is known, allows a company to be registered within 24 hours.
Arbitration on the agenda at the IBA European Regional Forum in Warsaw
Among the numerous sessions and workshops at the November conference of the IBA European Regional Forum, there will be a workshop devoted to practical aspects of arbitration.
21-23 November 2012: IBA European Regional Forum conference in Warsaw
The International Bar Association European Regional Forum will hold its Central-Eastern Europe Regional Conference in Warsaw, entitled Opportunities and Challenges that Growing Businesses Face in Selected New EU Member States: Perspectives for the Future
Payment gridlock can push a company into bankruptcy
Companies nowadays are frequently late in paying their suppliers, which in turn fall behind in paying their own creditors. But sometimes even a few days’ delay in payment can force a debtor to file a bankruptcy petition.
New rules for settling securities transactions
A bill to amend the Act on Trading in Financial Instruments was adopted on 28 June 2012
Are Polish companies exporting corruption?
Transparency International reports that Poland is not enforcing the OECD Anti-Bribery Convention.
Reduced costs for company registrations
There has been a noticeable trend recently toward lowering various administrative burdens on businesses in Poland—as witnessed, for example, by the recent changes in the costs of company registrations.
Appointment of a convicted criminal to a corporate board
Not everyone is qualified to serve on a corporate board. But what happens if a board member is appointed who is not qualified to serve?
Does automatic transfer of emissions permits to the acquirer of a plant make sense?
A proposal to amend Poland’s Environmental Protection Law would eliminate the need to transfer permits by providing for automatic passage of rights and obligations under environmental permits to the acquirer of an installation.
