Paweł Ciećwierz: In every transaction, thorough due diligence is fundamental
A discussion with Paweł Ciećwierz, a partner at Wardyński & Partners who heads the firm’s Mergers & Acquisitions practice, about M&A in Poland and about the Transaction Portal
Selected issues under proposed amendments to the Payment Services Act
Although the Payment Services Act has been in force only a short time, there are already plans to revamp it.
Transfer of environmental permit to acquirer of installation is not the rule
When a company has been issued an environmental permit, e.g. to release particles into the atmosphere, may it freely assign its rights under the permit?
What information will Switzerland share with the Polish tax authorities?
From 1 January 2012, the tax treaty between Poland and Switzerland authorises the countries to exchange information that may have a major impact on tax enforcement.
Public access to judicial rulings
Na podstawie ustawy o dostępie do informacji publicznej można uzyskać zanonimizowane orzeczenia sądowe wraz z uzasadnieniami, nawet jeśli nie jesteśmy stroną w danej sprawie.
Arbitration in Poland
Interest in arbitration is growing, due to its effectiveness, professionalism, confidentiality and speed—particularly important benefits for businesses. But the parties do not always take full advantage of the possibilities.
Assignment of receivables and effective satisfaction of lenders' secured claims
Under an amendment to the Bankruptcy Law, the position of a lender holding an assignment of the borrower’s receivables in the event of the borrower’s bankruptcy has changed, but the application and effects of the amendment in practice remain unclear.
The existence of a directors and officers liability policy is not sufficient to assert a direct action against the insurance com
The Warsaw Court of Appeal has held that an insurance company may be liable for a loss caused by an insured as a member of a corporate management board only upon compliance with certain formal conditions.
Foreign investors speak out on legal barriers in Poland
The country’s strengths include a large, strong market, a skilled workforce, and political stability. The main barriers are the inflexible employment law, unclear tax regulations, and difficulties in seeking investment incentives.
Commercial register transcripts free online
Since 1 January 2012, the National Court Register Information Centre has been required to provide free online access to complete up-to-date information from the National Court Register and copies of documents submitted to the registry files.
How many real changes in the Personal Data Protection Act?
A banner was posted at the beginning of 2012 on the website of Poland’s Inspector General for Personal Data Protection—”Notice: Change of law!”
Things to bear in mind when retaining title to goods sold
A seller may secure payment of the purchase price by reserving title to goods in the sale agreement, even if the goods are delivered to the buyer. Reservation of title must be made in writing with a certified date.
