Mezzanine

The name of the financing comes from the French language – although it is already adopted in English and means a mezzanine, a place connecting two floors. Mezzanine is an instrument that combines the features of debt, i.e. credit or loan as well as equity...

Financial assistance as a fear of transactions

Even seemingly clever transactional lawyers can forget that the legal restriction known under the hypocritical name of financial assistance is still valid. It provides primarily for the management buyout transaction and applies only to joint-stock companies. Pursuant...

Register of UBOs

The date of entry into force of the Central Register of Real Beneficiaries coincided exactly with the date of elections to the Sejm and Senate. For this reason, there has been a serious suspicion that the government will have other things on its mind and that the...

Contractual penalty in employment relations

In employment relations, the employer may not apply a contractual penalty to the employee. The Supreme Court has long ago stated that the Labor Code describes all cases of employee financial and compensation liability. Another thing – a non-competition agreement...

European Union and CHF borrowers

The topic of loans in Swiss francs returned again. More and more consumers are trying to question contracts signed years ago, citing illegal clauses contained in contracts. Bolder bring lawsuits against banks, and most importantly – some won. In 2016-2018, as...