Should Poland ratify the Cape Town Convention?
The Convention on International Interests in Mobile Equipment offers strong protection to sellers, lessors and financers of aircraft. More and more European countries are considering ratification of the convention. Should Poland be one of them?
Effectiveness of foreign notarial deeds in Polish reprivatisation cases
In reprivatisation cases, the claimants’ legal succession from the prior owners is sometimes determined from foreign notarial deeds. Their effectiveness in Poland depends on certain factors.
Polish financial institutions to be required to report to US tax authorities
On 7 October 2014 the Polish government signed an agreement with the United States to implement FATCA in Poland. The agreement now awaits ratification. It is supposed to enter into force prior to 30 September 2015.
Legal position of crowdfunding platforms
Operators of crowdfunding platforms must consider numerous potentially applicable regulations, governing such matters as electronic services, payment services, money laundering, securities trading, foreign exchange and banking.
Suspension and resumption of work under FIDIC contract terms
Suspension and resumption of construction work are key concepts in the FIDIC Red Book. They are not directly addressed in Polish law but permissible under the principle of freedom of contract. In practice, when the FIDIC terms are used in Poland, these clauses are often modified to shift the risk of their application onto the contractor.
State aid in a special economic zone—benefits but also obligations
Classification of an income tax exemption as state aid entails a number of consequences extending far beyond tax issues.
New rules for recognition and enforcement of judgments—does easier mean better?
From January 2015 creditors holding a judgment issued in an EU member state will be able to obtain recognition or enforcement of the judgment in another member state without initiating an additional court proceeding.
Payroll documentation may be relevant many years later
Properly maintaining and storing payroll documentation may prove highly important even many years after an employee ceases working with the employer.
Subparticipation in Poland: Legal and tax aspects
Amendments to the Corporate Income Tax Act which went into effect on 1 January 2014 provide an opportunity to revive the practice of subparticipation in lending in Poland.
Key changes in Public Procurement Law
The Public Procurement Law amendment of 29 August 2014 introduces a number of important changes concerning non-price criteria, reliance on third-party capacity, abnormally low prices, trade secrets, grounds for exclusion, bid bond retention and wage indexation.
No-par shares in limited-liability companies in bill to amend the Commercial Companies Code
The government plans revolutionary changes in the asset structure of limited-liability companies to go into effect 1 January 2015.
New rules for access to clinical reports
The European Medicines Agency has adopted a policy of proactive publication of reports from clinical trials. The rule of transparency of clinical results is to be implemented starting 1 January 2015, and the first publications should coincide with entry into force of the EU’s new Clinical Trials Regulation, scheduled for 28 May 2016. What will the new rules mean in practice?
