Maciej A. Szewczyk: articles by this author

The internationalisation of transactional agreements and borrowings from the common law

Along with the systemic transformation from the 1980s to 1990s and the inflow of foreign investment into Poland, the country was exposed to forms of contract already applied in international trade. It wasn’t that before then the law in Poland had been homogeneous and “truly Polish.” Historically, numerous factors contributed to the development of the Polish legal system, with a dominant role played by solutions from the German and French systems.

Resolutions of shareholders of a limited-liability company

When is it necessary to hold a shareholders’ meeting, and when can it be dispensed with? Comments under the amended provisions of the Commercial Companies Code

Legal actions of a “false” corporate body can be saved. But all of them?

On 1 March 2019, an important amendment to the Civil Code comes into force, providing for the possibility of validating actions by a “false” corporate body. Up to now, such a possibility has applied only to actions by a “false” attorney-in-fact.

Powers, duties and liability of directors of a Polish LLC

Foreign managers appointed to serve on boards of Polish subsidiaries often do not know what they can do and what they must do. Consequently they are not aware of what liability goes with either of these. They should be.

Can new regulations limit the possibility of resigning from a company’s management board?

A bill currently being processed by the Sejm significantly limits the right of a management board member to resign from office at any time.

Further amendments on financial statements

As of 1 October 2018, companies will no longer prepare paper financial statements. After more than six months of implementation of the new regulations, we can make an initial assessment of their application in practice.