Is it possible to stipulate a contractual penalty without a deadline and without giving a specific amount of money? The above question has been answered by the Supreme Court, which may have a significant impact on the practice of commercial trade. The previous line of rulings of the Supreme Court suggested that reserving a contractual […]
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The EU Omnibus Directive has been much talked about recently. This directive is linked to two other EU directives, the Digital Directive and the Goods Directive, which together introduce many changes to the sale of goods and provision of services for both traditional traders and those offering their products through other channels (e-commerce, omnichannel, online […]
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Finally, Poland has a corporate form that works for joint ventures, the simplified joint stock company (the “SJSC”). The SJCS has been created for Poland to remain competitive amongst other counties and the Polish legislator took inspiration from other countries such as the Netherlands, where the so-called “flex BV” was introduced in 2013. Creating a […]
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The Act on Protection of Rights of Buyers of Residential Premises or Single-Family Houses and the Developer Guarantee Fund (the “Developer’s Act” or “Act”), passed on May 20, 2021, contains inaccuracies in interpretation and only future practice will determine how certain regulations contained therein should be understood. Lawyers have already noted that the procedure for […]
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