Reimbursement of investments in reprivatised real estate
A public entity will not always be compensated for investments made in real estate regained by the right owners through reprivatisation.
Elimination of joint ownership of reprivatised real estate
After developed real estate is restored to the heirs of the former owners, it is usually necessary to divide the regained property among its co-owners. This often raises both legal and tax issues.
Managing environmental transaction risks
Infringements of environmental law lead to ever greater liabilities. So it is unsurprising that in recent years investors have been increasingly interested in assessing risks arising from environmental regulations.
Perpetual usufruct: an obstacle race
Most investors in Poland regard perpetual usufruct as equivalent, in practical terms, to freehold. There are many obvious similarities, but the special features of perpetual usufruct can make it an obstacle race for the unwary.
In every transaction, thorough due diligence is fundamental
A discussion with Paweł Ciećwierz, a partner at Wardyński & Partners who heads the firm’s Mergers & Acquisitions practice, about M&A in Poland.
Is an open shed a building?
If this question is raised in order to establish the amount of real estate tax, the Polish Classification of Buildings does not provide a sufficient answer.
Supreme Court hands down three rulings on construction of wind farms on non-owned land
In three recent cases, the Supreme Court of Poland has addressed issues surrounding construction of wind farms on land owned by another party.
Not all bank guarantees are created equal
Although the bank guarantee is a commonly used form for securing claims, it is one of the most controversial institutions in Polish law. In a dispute, it is essential to analyse thoroughly the documents establishing the bank guarantee.
What to pay attention to when outsourcing accounting services
As a taxpayer, a business remains liable for tax obligations even when it hires an external professional service company to maintain its accounting books.
Another attempt to tighten the food inspection system
Every now and then a scandal breaks out involving Polish food products—most recently the use of industrial salts, as well as horsemeat in beef. In such cases, the authorities announce that they will take stern action.
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.