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Debt restructuring and insolvency – European Guide to Support Business

In cooperation with Andersen European Restructuring & Insolvency Service Line, we haves prepared another guide which offers an insight into legal solutions adopted by some European countries in response to the COVID-19 pandemic. This time it focuses on the context of insolvency and restructuring.

LEGAL ALERT 2020 / 12 / 09

New regulations introduced upon the Anti-Crisis Shield

November 2020, the Act of 28 October amending certain acts in connection with counteracting the COVID-19 crisis was promulgated, and so was the act of 28 October 2020 amending the latter.

LEGAL ALERT 2020 / 12 / 09

European Guide to Support Employers: Teleworking in Europe

Andersen European Employment Group has developed a practical guide that provides employers with information on introduction and implementation of telework in European countries.

PDF 2020 / 10 / 28

The ARP initiated the process of receiving applications for support under the New Chance Policy with the budget of PLN 600 million in 2020

The Industry Development Agency (ARP) has called for submission of applications under the New Chance Policy. The public aid is addressed to entrepreneurs who have been excluded from the Anti-Crisis Shield so far due to their difficult economic situation, who are in need of external support, and have the potential and ideas for future development. Andresen offices in Poland provide support in preparation of the materials required to apply for the support.

LEGAL ALERT 2020 / 10 / 12

Changes to the building law in 2020. Are we on the brink of a revolution?

19 September 2020 marks the effective date of an act amending the Building Law of 7 July 1994. The authors of the bill talk about a revolution which will considerably simplify and speed up the project construction process. Is it really so? Opinions expressed by construction sector representatives are more skeptical.

LEGAL ALERT 2020 / 09 / 16

European Guide to Support Businesses | COVID-19 Impact | Debt Restructuring and Insolvency

Andersen, through the member and collaborating firms of Andersen Global and its European Service Line Restructuring and Insolvency, has prepared this guide to provide an insight into legal solutions adopted by selected European states in a response to the COVID-19 pandemic in the context of insolvency and restructuring procedures.

GUIDE - Andersen Global 2020 / 08 / 19

Act on public aid for rescuing or restructuring enterprises comes into effect on 11 August 2020.

The Act of 16 July 2020 on public aid for rescuing or restructuring enterprises was published (Journal of Laws, item 1298, of 27 July 2020) (hereinafter: “the Act”). The Act sets forth the conditions, procedures and forms of public aid granted to entrepreneurs with the aim of rescuing them, providing them with temporary restructuring support, […]

LEGAL ALERT 2020 / 07 / 29

Simplified restructuring procedure – help for entrepreneurs at the time of crisis caused by COVID-19?

Under the Act of 19 June 2020 on subsidies to interest rates on bank loans granted to entrepreneurs affected by the consequences of COVID-19 and on simplified procedure for the approval of arrangement in connection with the occurrence of COVID-19 (“Act”), commonly known as “Shield 4.0,” the legislator introduced a simplified restructuring procedure applicable as of 24 June 2020 (“SRP”).

LEGAL ALERT 2020 / 07 / 24

Schrems II – effects of the judgment issued by CJEU (changed rules of personal data transfer to the US)

Last week, the Court of Justice of the European Union (the “CJEU”) invalidated the so called “Privacy Shield” being the legal basis for data transfer from the EU Member States to the US.  Consequently, each entity which transfer personal data to the US (e.g. via tools used by its American counterparties) is obliged to search for another legal basis for this operation, based on the GDPR. The basis may take the form of Standard Contractual Clauses, i.e. an agreement to be concluded with the data importer in the US.

LEGAL ALERT 2020 / 07 / 20

SHIELD 4.0 – legal changes (restructuring, support of investment projects, compliance, criminal law)

After its promulgation on 23 June 2020 in the Journal of Laws (item 1086), the Act on subsidies to interest on bank loans provided to COVID-19-affected entrepreneurs and on simplified procedure for approval of a composition in connection with COVID-19, commonly referred to as “Shield 4.0”, entered into force (hereinafter “the Act”).

LEGAL ALERT 2020 / 06 / 24

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