banking & finance
“Collection of items and rights” subject to a registered pledge should be interpreted in light of the economic purpose
The Polish Supreme Court upheld a cassation appeal presented by Wardyński & Partners and held that when evaluating whether a changing collection of assets may be subject to a registered pledge…
When must a financial institution release information to fiscal audit authorities identifying the holder of a bank account?
Interview with Danuta Pajewska, partner at Wardyński & Partners and co-head of the Banking and Finance practice group
If bank staff commit an offence to the detriment of a bank customer, the bank is liable for failure to supervise the employee.
The court held that the bank misled the customer by failing to warn of the risk associated with currency forward contracts. But each claim must be considered on a case-by-case basis.