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News

Leveraged Buy Out (LBO) of Vantage Development S.A.

BSWW assisted in providing financing to Fedha Sp. z o.o. intended to cover the costs of the offer to subscribe for 100% of shares of Vantage Development S.A. Vantage Development S.A. is a dynamic developer based in Wrocław, currently running projects also in Warsaw a...

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Budget Act 2017 – tools to attract investment

Upon the passing of act No. 232 on 11 December 2016 and its entry into force on 1 January 2017, the text of Budget Act 2017 was approved. The provisions included in sections 148-159 of Budget Act 2017 have the purpose of providing for conductive conditions to attract...

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7th CORPORALE LEGAL COUNSEL FORUM

On 8 February 2017, Marek Wojnar, attorney-at-law, and Marta Kosiedowska, attorney-at-law, will run a session during the 7th Corporate Legal Counsel Forum titled: “Corporate requirements versus start-up innovation – contractual conditions related to corporation’s inves...

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Data quality management in the financial sector

Data validation, organisational structure and changes in the law. Nowadays, a business success is largely determined by data quality and their efficient management. Financial sector companies are governed by special regulations in respect of collected and processed d...

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The Act on Nature Conservation to be amended

1. CURRENT LEGAL FRAMEWORK On 1 January 2017 the Act of 16 December 2016 on Amending the Act on Nature Conservation and the Act on Forests entered into force. What changes most are the provisions regulating the issue of removal of trees and shrubs. Under new legal fr...

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Tender evaluation criteria after amendment – fundamental changes

Read an article by Marcelina Daszkiewicz in the 3rd issue of the In-procurement magazine in Poland.

News

Rise of tax on wind farms

On 1 January 2017, new provisions of the Act on Taxes and Local Charges will enter into force. Under the new provisions, a high real property tax will be imposed on wind farms. The change follows the shift in focus of the energy policy of the Council of Ministers in fav...

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BSWW Legal & Tax has advised financial investors in respect of an equity investment and refinancing a debt of MZCH Organika S.A

The lawyers of BSWW Legal & Tax have advised financial investors in the course of a mezzanine financing project involving the refinancing of the entire debt of Malborskie Zakłady Chemiczne Organika S.A. The refinancing took the form of a bond issue and a capital inv...

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Amendment of regulations concerning the joint and several liability of the investor and the contractor

On 1 June 2017, the Act of 7 April 2017 Amending Certain Other Statutes entered into force. The purpose of this act is to facilitate claiming debts. Under the act, among other provisions of law, Article 647(1) of the Polish Civil Code was amended. The article concerns t...

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Improving business processes and data analysis in a company

On 7 June, in Warsaw a conference was held which focused on “Improving business processes and data analysis in a company”. Our experts, Piotr Ćwiertniewski and Patrycja Leszczuk delivered a presentation about new conditions and restrictions regarding the use of data in ...

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act BSWW has advised Reino Partners and Buma Group on the Cu Office project

Reino Partners and Buma Group for the first time join efforts in a construction project. The project in Wrocław will comprise two office buildings with a total area of 23,000 m2. First offices will be delivered to their tenants by the end of 2018. act BSWW provided l...