I. Introduction On 21st May 2020, the Polish Council of Ministers introduced a new regulation subject to a ban on air traffic for all international flights for an additional period until 6th June 2020 (“Closure Period”) in Poland. This is another measure, among a series of other restrictions, implemented by the Polish government which appear […]
As companies continue to look for opportunities in global markets, directors from diverse jurisdictions are hired to serve on the boards of foreign businesses as well as domestic ones that […]
Read moreThe Coronavirus Pandemic (COVID-19) continues to significantly impact health, businesses and economies across the world. From country shutdowns, disruption of supply chains, crashes in stocks, drops in commodity prices and loss of daily income, the negative economic effects are numerous. Now regulators and governments are currently responding to this challenge globally through undertaking different actions. In […]
The corona crisis is making itself felt in practically all realms of business, and of life in general. We at GESSEL continue to stand by our Clients in these unusual times, assisting them with specific issues as well as keeping track of developments in the legal environment as the Polish state seeks to soften the […]
Author: Joanna Bogdańska – Attorney at law INTRODUCTION Protecting consumers, including protecting their health, but also protecting the environment in relation to goods consumed in the European Union are the priorities of the European Parliament. Therefore, on June 20, 2019, the Regulation of the European Parliament and of the Council 2019/1020 on market surveillance and […]
Author: Joanna Bogdańska – Attorney at law Regulation of the European Parliament and of the Council 2019/1020 on market surveillance and product compliance requires that each Member State designate at least one market surveillance authority and a single liaison office responsible for coordinating activities and reporting on national strategies. The purpose of supervisory authorities’ activities […]
Lack of financial liquidity caused by delays in payments of contractors is the most common problem that entrepreneurs, especially those from the area of small and medium-sized companies, have been complaining about for years. The solution is to be the so called anti-gridlock law, i.e. the act aimed at reducing payment gridlocks. The law has […]
07.04.2020 Author: Joanna Bogdańska – Attorney at law The project of “anti-virus shield” does not contain, in its current form, provisions affecting the principles of declaring insolvency by companies. As a reminder, in accordance with the law, insolvency occurs when the company has lost the ability to perform its financial obligations. It is presumed that […]
By Dr. Robert Lewandowski, attorney at law (radca prawny) from the legal firm: DLP Dr Robert Lewandowski & Partners sp. k. The outbreak of the covid-19 virus pandemic will likely have a negative impact on the ability of many entrepreneurs to meet their existing obligations towards their creditors. This may cause delays in payment if […]
Introduction The World Health Organisation officially declared the outbreak of the novel Coronavirus Disease (known as COVID-19) as a global pandemic on March 11, 2020. By then the virus had already spread from Wuhan, China crossing international borders to many countries around the world. Given the rapid rate of infections and increasing number of deaths […]
The outbreak of the COVID -19 virus pan-epidemic has forced people to remain at home and conduct work remotely in these strange times. Governments have issued policies asking citizens to observe social distance rules and to avoid gathering together. In addition, swathes of populations endure lockdowns and self–isolations. All these newly introduced measures to fight […]
A force majeure clause is often part of contracts, especially long term and cross border agreements, between the parties involved and the term force majeure typically refers to circumstances under which the non-performance of contractual obligations may be excused. A force majeure clause may designate natural disasters such as floods and earthquakes as well as […]
