Audit committees in public companies
When a company is listed on the stock exchange, it should appoint an audit committee within the supervisory board. The committee must include an independent director with audit or accounting competence.
Environmental impact of shale gas exploration and extraction
Before beginning to explore or extract shale gas, is it always necessary to conduct an environmental impact assessment?
Will Poland avoid a recession?
Speakers at the 4th Warsaw CEE Financial Hub, an international conference held on 30 November 2011 at the Warsaw Stock Exchange, gave high marks to the Polish economy.
Surcharge for emission of gas and particles into the atmosphere may be disputed
Additional fees are charged for failure to hold a required permit to emit gas or particles into the atmosphere, intake water, or discharge wastewater. May such fees be challenged?
Duties of the management board of a limited-liability company in the process of share transactions
Sale or encumbrance of shares in a Polish limited-liability company requires the management board to take certain actions, including entry of changes in the share ledger and, in some cases, consent to the transaction.
When to supplement bid documents in a public procurement proceeding?
The Public Procurement Law allows the contracting authority to summon a bidder to supplement its bid documentation. The law does not prohibit a bidder from doing so on its own initiative, but is that a good idea?
Sylwia Moreu-Żak: It is best not to sign a deed transferring real estate in Poland before a foreign notary
An interview with Sylwia Moreu-Żak from the Real Estate & Construction practice at Wardyński & Partners about the new conflict of laws statute in Poland and its impact on real estate transactions.
Lack of due diligence is not an unlawful act
A management board member’s failure to apply due diligence does not result in liability to the company without a specific unlawful act causing injury to the company.
Outsourcing bookkeeping services
What are the obligations, barriers and costs that an existing company must deal with before beginning to provide accounting services as an additional business for outside entities?
Foreign exchange permits and reporting
Although foreign exchange permits are rarely required in Poland anymore, companies must still remember about certain central bank requirements in this area.
Farewell to separate procedure in commercial cases
When amendments to the Civil Procedure Code enter into force, B2B litigation will be conducted under the same rules as other civil cases.
Illegally hired foreigner does not have to be deported
The province governor cannot issue a decision to deport a foreigner who was illegally hired if the hiring is legalised during the course of the deportation proceeding by obtaining the required permits and complying with the applicable procedures.
