Specific conditions concerning the parties

Introduction

Depending on the type of parties actively involved in the transaction, in many situations it is necessary to reflect additional legal considerations related to their involvement in the transaction. Four such types of parties whose specific nature must be taken into consideration at the planning, […]

Partnerships

The distinction between commercial partnerships (referred to in Polish law literally as “personal companies”—other than ordinary partnerships operating under the Civil Code)—and other commercial companies is based on the joint action of the owners of these entities, i.e. the partners. Unlike capital companies, which may […]

Joint ventures

The term “joint venture” covers a broad range of different forms of cooperation between individuals or other entities, aimed at achieving the purposes defined by the participants—typically profit-making or organisational. All the participants in a joint venture need not have the same purposes in mind. […]

Acquisition of a significant stake in public companies

Unlike transactions involving private companies, acquisition of shares of public companies is subject to a number of special requirements, particularly concerning the procedure for the transaction, depending on the size of the acquired stake and reporting obligations referred to in the Public Offerings Act (the […]

Transaction vehicles (SPV)

In the case of acquisition of shares in a Polish company by investors (including foreign investors), it will often prove necessary for the investor to use another Polish company as the acquirer. To this end, the structure used most often is a limited-liability company serving […]