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Coronavirus alert

Corporate resolutions vs. coronavirus restrictions. Updated as of April 01, 2020.

Actions aimed at quelling the spread of COVID-19, such as border closures, flight cancellations and severe restrictions on gatherings and travel, may have a massive impact on business operations, especially when it comes to resolutions adopted by shareholders, managemen...

Coronavirus alert

Businesses no longer required to seek KNF’s approval for offering memorandum in case of “rolling” offerings – relief for businesses amid coronavirus epidemic

In the Supervisory Impulses Package for the Security and Growth of the Capital Market, the Polish Financial Supervision Authority (KNF) announced relief for businesses regarding (among others) the offering documents processing. As promised, the “Anti-Crisis Shield,” ado...

Coronavirus alert

Amendments to public procurement law in view of “Anti-Crisis Shield” – UPDATE

As part of the so-called “Anti-Crisis Shield,” March 31 saw the Polish President sign an act (the “Act”) that contains modifications related to the public procurement law (“PPL”). Below you will find a summary of changes to the previous version of the “Anti-Crisis Shiel...

Coronavirus alert

Personal data protection amid #coronavirus

The response to the COVID-19 outbreak has infiltrated nearly every aspect of daily life. Polish laws have not been immune to the epidemic’s impact either, with the government recently announcing a draft of the so-called Anti-Crisis Shield designed to amend a number of a...

Coronavirus alert

Poland’s shopping malls to close?

A draft amendment to the COVID-19 Act has been published on the Polish parliament’s website today. The full version of the document is available here. Based on this draft, article 15ze of the Act, which provides for a 90% rent discount for entities whose operations in...

Coronavirus alert

Changes in civil procedure following COVID-19 outbreak

In an effort to counter the coronavirus outbreak, the Ministry of Justice has unveiled a set of emergency regulations designed to mitigate the impact it has on, i.a. civil procedure. The regulations proposed by the Ministry of Justice have been included in the draft ...

Coronavirus alert

Public support for restructuring

The legislative efforts to help business in the face of the coronavirus epidemic are gaining steam. One of the legal acts currently under consideration is the act on public support to rescue or restructure businesses, a draft of which was published on March 20, 2020. Th...

Coronavirus alert

Corporate resolutions vs. coronavirus restrictions

Actions aimed at quelling the spread of COVID-19, such as border closures, flight cancellations and severe restrictions on gatherings and travel, may have a massive impact on business operations, especially when it comes to resolutions adopted by shareholders, managemen...

Coronavirus alert

Shielding business from crisis. Revision of COVID-19 special-purpose act – labour law and salary subsidies

As the Polish government continues to work on the revision of the COVID-19 special-purpose act, we have prepared an overview of the proposed changes regarding employer support in the face of the coronavirus crisis. Salary subsidies Paid from the budget of the Guarante...

Coronavirus alert

Revision of bankruptcy law: pre-pack bankruptcy

As the coronavirus epidemic upends Polish reality, the effective date of the bankruptcy law amendment, introduced on the basis of the act of August 30, 2019, remains unaffected. New laws enter into force today (March 24, 2020). Next to personal bankruptcy, which may now...

Coronavirus alert

Suggestions for performance of public contracts

The Ministry of Development is working on the so-called “Anti-Crisis Shield.” The draft act amending the Act on Special Solutions Related to Prevention and Combating of COVID-19, Other Infectious Diseases and Crisis Situations Arising from them,” as well as amending sel...