Newsletter

A company with payment arrears of PLN 5 million in any 3 consecutive months liable for a penalty imposed by UOKiK

For some years now, payment backlogs in the Polish economy have made for a contentious topic. According to a Financial

Resolution of corporate disputes to speed up – potentially

The amendments introduced to the Polish Civil Process Code in autumn of 2019 have the effect of significantly expanding the

KNF proposes adjustments to the regulatory and oversight regime in light of the coronavirus epidemic

As the unfolding corona crisis makes itself felt around the world, also the Polish regulator is proposing a shift towards

The coronavirus vs disclosure duties

The coronavirus pandemic has been wreaking havoc on capital markets all around the world, Europe included. The European Securities and

2020 brings preparations for mandatory dematerialisation of shares – Milestone dates for shareholders and for companies

Beginning in January 2021, shares in joint stock companies may have dematerialised form only. Albeit the relevant amendments to the

New requirements re public offering and seeking admission to trading

In Newsletter No. 104, we presented some introductory information concerning the amendments to the legislative Act regarding public offering. We

The Payment Backlogs Act – What else is new ?

1 January 2020 will bring the coming into force of facilitations in obtaining security for pecuniary claims in financial transactions

As of 2020, “bad debt” exemptions available also for personal and corporate income taxpayers

The legislative Act regarding amendment of certain acts with the objective of reducing payment backlogs (2019 Dz.U. item 1649) signed

Amendments to the Public Offering Act bring new duties for issuers

The Polish president has just signed into law a statute amending the legislative Act regarding public offering; most of its

UOKiK vested with new rights – Beginning in 2020, it may penalise companies which pay their invoices late

In light of the new laws, payment deadlines in “asymmetric” transactions – i.e. ones between large enterprises and ones from