Time limit for filing a petition for bankruptcy – amendments connected to the SARS-CoV-2 pandemic (COVID-19)

Bankruptcy and restructuring law
1. Time limit for filing a petition for bankruptcy - current situation Art. 21(1) of the Act of 28 February 2003 Bankruptcy law (ustawa Prawo upadłościowe), hereinafter referred to as: “b.l.”, stipulates an obligation to file a petition for bankruptcy no later than thirty days from the date when the.

April 14 2020/ k-admin

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Impact of the so-called anti-crisis shield (version adopted on March 31, 2020) on the lease of premises

Civil law
The Act of 31 March 2020 amending the Act on special solutions related to the prevention, counteracting and combating of COVID-19, other infectious diseases and crisis situations caused by them and some other acts (ustawa z 31 marca 2020 r. o zmianie ustawy o szczególnych rozwiązaniach związanych z zapobieganiem, przeciwdziałaniem.

April 7 2020/ k-admin

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Adopting resolutions by the management board or the supervisory board of a limited liability company (spółka z ograniczoną odpowiedzialnością – sp. z o.o.) and a joint stock company (spółka akcyjna – S.A.) over a distance – planned changes under the so-called anti-crisis shield

Company law
1. The so-called anti-crisis shield The ongoing SARS-CoV-2 pandemic (COVID-19) is likely to cause an economic crisis with currently unpredictable consequences. As part of the crisis prevention and assistance to entrepreneurs on March 21, 2020 a draft of act amending the Act (of March 2, 2020) on special solutions related.

March 24 2020/ k-admin

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Liability of a member of the management board of a limited liability company (spółka z ograniczoną odpowiedzialnością – sp. z o.o.) and a joint-stock company (spółka akcyjna – S.A.) for business decisions

Company law
The subject of the liability of the bodies’ members for business decisions is extremely important and raises many doubts. On the one hand, since the management board, when conducting the company's affairs, makes decisions, it should be responsible for them. On the other hand, it is obvious that every business.

March 9 2020/ k-admin

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Central Register of Beneficial Owners – practical aspects of obligatory registration (note: the deadline for registration is 13 April 2020)

Entrepreneurs' law
The Central Register of Beneficial Owners (hereinafter referred to as "Register") was established by the Act on Combating Money Laundering and Financing of Terrorism of 1 March 2018 (ustawa o przeciwdziałaniu praniu pieniędzy oraz finansowaniu terroryzmu, hereinafter referred to as „the Act”). The Act implements Directive 2015/849 of 20 May.

March 2 2020/ k-admin

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