Costs imposed on creditors filing claims against the bankruptcy estate
When filing a claim against a debtor in bankruptcy, a creditor must comply strictly with the judicial deadlines, or else face additional costs.
Liability in damages of a member of the management board for failure to file a timely bankruptcy petition for a limited-liability company
A creditor of a company may seek to hold a member of the management board liable in damages if a bankruptcy petition for the company is not filed on time.
Konrad Grotowski: The owners of a company threatened by bankruptcy sometimes give in to the temptation to remove assets from the company
An interview with Konrad Grotowski from the Bankruptcy and Restructuring practices at Wardyński & Partners on how creditors can protect themselves against actions by a dishonest debtor.
Michał Barłowski: A revolution ahead in Polish bankruptcy law
An interview with Michał Barłowski, the partner in charge of the Bankruptcy and Restructuring practices at Wardyński & Partners, about planned amendments to Poland’s Bankruptcy & Rehabilitation Law.
Combating corruption: A task for Sisyphus?
There are numerous legal tools for fighting corruption. But do they offer an effective remedy for a socioeconomic affliction?
Alternative jurisdiction clauses under Polish law
Is there any justification for Polish civil procedure rules limiting the parties’ freedom to choose the forum?
More on the Waste Act
Do waste management decisions and notifications retain their validity after entry into force of the new act?
Escrow accounts a year after entry into force of the Developers Act
Residential escrow accounts have been in use in Poland for over a year, but banks so far do not offer much choice to real estate developers. Access to such accounts may also be limited for smaller developers.
Dual listing on the Warsaw Stock Exchange
Dual listing refers to trading of a company’s shares on two (or more) stock exchanges at the same time.
Global risks, local remedies: Cross-border M&A issues in the New Europe
The authors report from the IBA European Regional Forum conference in Warsaw on a discussion among lawyers from throughout Central & Eastern Europe on the best ways to minimise common risks encountered in international transactional practice.
An overview of commercial activity in Poland
The Polish system of law recognises the freedom of commerce. The main act governing this area of law is the Act on Freedom of Economic Activity. The act sets down the rules applicable to the activity of business entities.
Acquisition of real estate by foreigners: Permits are still an issue
The limitations on acquisition of land by foreigners fell dramatically when Poland joined the EU, but acquisition of agricultural land still requires a permit and causes many practical problems.
