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Alerts

30.06.2020

Restructuring & Insolvency

international

WKB Legal Alert | Shield 4.0 – Simplified restructuring proceedings

Simplified restructuring proceedings will be available until30 June 2021. The legislature’s intent was to enable debtors to undertake negotiations with their creditors without the need for the courts to formally open proceedings, while simultaneously protecting them from enforcement by their creditors.

30.06.2020

Company Law & Corporate Governance

WKB Legal Alert |The impact of the COVID-19 pandemic on the ongoing functioning of cooperatives, associations, foundations and other entities – update

Practical guidelines developed on the basis of the provisions of the Act on special arrangements for the prevention, countering and combating of COVID-19, other infectious diseases and crisis situations caused by them (the “Anti-Crisis Shield”), which entered into force on 31 March 2020, the Act on special support instruments in connection with the spread of the SARS-CoV-2 virus (the “Shield 1.1”), which entered into force on 18 April 2020, the Act amending certain laws concerning protection measures in connection with the spread of the SARS-CoV-2 virus (the “Shield 3.0”), which entered into force on 16 May 2020, and the Act on interest subsidies for bank loans granted to entrepreneurs affected by COVID-19 and on simplified proceedings for the approval of an arrangement in connection with COVID-19 (the “Shield 4.0”), which entered into force on 24 June 2020.

29.06.2020

Company Law & Corporate Governance

WKB Legal Alert | Impact of the COVID-19 pandemic on day-to-day operation of commercial companies

Practical tips taking into account the solutions presented in the Act on specific solutions related to the prevention, prevention and eradication of COVID-19, other infectious diseases and crisis situations caused by them (Anti-Crisis Shield), which entered into force on March 31, 2020, the Act on specific support instruments regarding the spread of the SARS-CoV-2 virus, which entered into force on April 18, 2020, the Act on amendments to certain laws concerning protection measures in connection with the spread of SARS-CoV-2 virus, which entered into force on May 16, 2020, and the Act on interest subsidies for bank loans granted to entrepreneurs affected by COVID-19 and on simplified proceedings for the approval of an arrangement in connection with COVID-19, which entered into force on June 24, 2020.

26.06.2020

Tax Law

WKB Legal Alert_Shield 4.0 – major tax-related changes

Summary of the most important provisions of the Shield 4.0 in the field of tax law.

25.06.2020

international

WKB Legal Alert | New law expanding foreign investment controls

Poland adopted a new law on foreign direct investment controls as part of the so-called “Anti-Crisis Shield 4.0”. The law expands the State’s control over M&A transactions in some strategic sectors of the economy.

19.06.2020

German Desk Company Law & Corporate Governance

international

AKTIONÄRREGISTER – AM 16. MAI 2020 WURDEN WESENTLICHE TERMINE FÜR DIE EINFÜHRUNG VON AKTIONÄRREGISTER GEÄNDERT

Am 1. Januar 2020 sind Gesetzesänderungen zur Einführung von Aktionärregister für nicht börsennotierte Aktiengesellschaften und Kommanditgesellschaften auf Aktien teilweise in Kraft getreten. Das Aktionärregister ist ein der polnischen Rechtsordnung bisher unbekanntes Rechtsinstitut, mit dem Aktien der vorgenannten Gesellschaften verpflichtend entmaterialisiert werden. Das Ziel ist, den Handel mit Aktien nicht börsennotierter Gesellschaften sicherer zu machen und die Identifizierung aller Aktionäre zu ermöglichen.

25.05.2020

Mergers & Acquisitions Competition & Consumer Law

international

WKB Legal ALert | Prevention of COVID19-related hostile takeovers

The Polish government is working on “Anti-Crisis Shield 4.0”. The proposed law includes, among others, provisions significantly expanding the State’s control over M&A transactions in some strategic sectors of the economy.

21.05.2020

Banking & Finance Energy New Technologies, Media & Telecommunication Employment Law Environment & Climate Changes Competition & Consumer Law Company Law & Corporate Governance Restructuring & Insolvency Public Procurement Real Estate & Property Development Dispute Resolution Capital Markets Tax Law State Aid & EU Funds

Business during a pandemic | Expert analyses on selected provisions of the Anti-Crisis Shield Act – update

WKB's lawyers have analysed the most important provisions of the Anti-Crisis Shield Act in Poland. The Anti-Crisis Shield is a special law which implements a range of various solutions aimed at combatting the epidemic crisis, amending or supplementing many other acts and regulations, which will affect many areas of companies’ business activities. In connection with the adoption of amendments to the Anti-Crisis Shield framework (15 May 2020), we provide you with expanded and verified materials regarding various areas, including a set of analyses on the law as of 21 May 2020.

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