By the Ordinance of the Minister of Health of March 13, 2020 regarding the announcement of the state of epidemic threat in the territory of the Republic of Poland, issued on the basis of art. 46 section 2 and 4 of the Act of 5 December 2008 on preventing and combating...
On July 9th, 2018 the general limitation period in Poland was shortened from ten years to six years for claims confirmed by the final court judgement. Before the new legislation, a creditor had ten years to execute a judgement, with the change, creditors now have six...
What is the Term of Repaying a Loan if the Parties Have Not Indicated It in the Contract? Sometimes it happens that by borrowing some money we do not specify the exact term of the loan repayment. When the parties have not agreed on a repayment date in the agreement,...
On 1st January, 2017, the following changes entered into force in the Commercial Companies Code. Article 209 of the CCC after changes states, that in the event of a conflict between the interests of the company and the interests of a member of the management board,...
