Offence of fraudulent encumbrance of assets to frustrate satisfaction of creditors

Sham encumbrance of assets to convince third parties of non-existent legal consequences may constitute a crime. Incurring fictitious obligations is an example.

Selective payment of creditors can be a crime

Arbitrary, selective payment of only certain debts may result in criminal liability of the debtor, including in a case where it is only threatened with insolvency, if such action exposes other creditors to a loss.

A dishonest party may be required to pay a debt through criminal proceedings

The penal sanction of the duty to redress loss or provide satisfaction for injury, which may be imposed on a dishonest debtor by the criminal court, protects the interests of creditors.

Combating corruption: A task for Sisyphus?

There are numerous legal tools for fighting corruption. But do they offer an effective remedy for a socioeconomic affliction?

Sanctions for failure to prepare and file financial reports with the registry court

Proper preparation of a financial report and filing the report with the registry court is the duty of the members of the management board of a company or the partners conducting the affairs of a partnership. Failure to comply with this duty is subject to

Are Polish companies exporting corruption?

Transparency International reports that Poland is not enforcing the OECD Anti-Bribery Convention.