Woźniak Legal

Networking is a powerful tool for professional and personal growth. By interacting with others, you open yourself up to a world of insight, ideas and potential cooperation. International Bar Association annual conference gives you unique international networking & learning opportunities. #MexicoCity has been a great place, with amazing people, fantastic organization and inspiring discussions. #IBAevents #law #network

WEBINAR: How to establish a Polish limited company? On 20th November, Grzegorz E. Woźniak and Grzegorz Dudek invite you to a webinar on establishing a limited liability company in Poland. 📝 Whether you’re an entrepreneur, investor, or a company looking to expand into the Polish market, this webinar will provide the expert knowledge and step-by-step guidance you need to establish a limited liability company in Poland. 👥 Who should attend? It is ideal for international businesses, founders, and professionals seeking a solid foundation in Polish company law, tax obligations, and other legal requirements. Event Details: 🗓 Date: November 20th 2024 ⏰ Time: 11.00 AM (CET)   #webinar #businessinpoland #company Click here to register 👇

𝐓𝐡𝐞 𝐝𝐞𝐚𝐭𝐡 𝐨𝐟 𝐚𝐧𝐲 𝐬𝐡𝐚𝐫𝐞𝐡𝐨𝐥𝐝𝐞𝐫 𝐢𝐧 𝐚 𝐏𝐨𝐥𝐢𝐬𝐡 𝐥𝐢𝐦𝐢𝐭𝐞𝐝 𝐜𝐨𝐦𝐩𝐚𝐧𝐲 can potentially disrupt the running of the business, by creating uncertainty and raising concerns for the remaining shareholders and directors. In many limited companies, there is a close working relationship between shareholders, so the death of a shareholder creates real issues for the business. From the point of view of the remaining shareholders, the question of who will replace the deceased shareholder could be a key issue, especially regarding what happens to their shares. Are the heirs of the deceased going to be the new shareholders? For all concerned with the company, thinking about the consequences in advance, and ensuring specific provisions are in place, will enable the business to deal with the death of a shareholder with minimal disruption. #shares #shareholder #company Read more:

Under Polish law, #employmentcontracts may be terminated by each party (employer and employee) in regular mode, i.e. with the notice period. What is specific for Polish law, is that there has to be a concrete and objective reason for terminating the contract by the employer otherwise the employee may be reinstated by the court in the case of a court dispute. #termination #notice #employment

Brak odpowiedniej regulacji w zakresie zasad zbywania udziałów w spółce z o.o. może sprawić, że wspólnikiem w spółce z o.o. w pewnej chwili stanie się przypadkowa osoba. Takie ryzyko stwarza między innymi śmierć jednego ze wspólników. Zgodnie z przepisami, udziały zmarłego wspólnika podlegają dziedziczeniu. Zgodnie z ogólnymi zasadami określonymi w Kodeksie cywilnym, z chwilą śmierci wspólnika spółki z o.o. otwiera się spadek i w tym właśnie momencie nabywają go spadkobiercy zmarłego wspólnika. #udziały #wspólnik #spółka Czytaj więcej:

There are no restrictions under Polish law which would prevent an existing shareholder transferring their #shares in a Polish #limitedcompany to a third party. Shareholders are therefore free to sell their shares to anyone else – inside or outside the company – at whatever price they choose. If the shareholders want to keep the shareholding structure as it is, it is better to include some kind of restrictions on the sale of shares. The best option is to include some form of restrictions on share transfers in the articles (including also the situation where a shareholder who is a physical person dies). There are various ways to introduce such restrictions - it could be a shareholders’ resolution or a company’s consent.  As regards the death of a shareholder, under Polish law, shares in a limited company are inherited as any other assets. So, if a shareholder who is a physical person dies and there is nothing in the compnany's articles about the inheritance of shares, the heirs of the deceased person inherit his shares and become the new shareholders. This may cause serious problems because new shareholders may have different views than the remaining shareholders. It would be better to avoid situations like this. It is possible to amend the company's articles in such a way that the entry of a shareholder’s heirs into the company is restricted or limited. The most popular solution is to state that the heirs are excluded from the inheritance process and the remaining shareholders have the right to purchase these shares from the heirs. Another solution could be that the shares of a deceased shareholder are acquired by the company and redeemed at the book value. #thearticles #company #inheritance

At Woźniak Legal, we stand by the belief that the truth prevails. No matter how tough the circumstances may seem, we're dedicated to going the extra mile to secure the outcomes you not only demand but rightfully deserve. #law #claims

Warranty & Indemnity (W&I) insurance has increased in popularity in recent years, especially in private #merger and #acquisition (M&A) transactions. In the past five to ten years, W&I insurance has become a mainstream and widely applied M&A solution for larger and smaller M&A transactions. Both private equity and strategic parties have come to realise that W&I insurance not only facilitates clean exits for sellers by replacing escrows or contractual claims under an SPA with an insurance policy, but also provides buyers with extended warranty coverage as well as a solid and professional counterparty in case of a warranty claim. #mergersandacquisitions #duediligence #deal Read more:

There are number of reasons to expect new investments in the Central Eastern Europe region and Poland will rank in the top25 destinations for FDI in the coming years, behind Mexico and Taiwan - says The Economist. https://lnkd.in/ec2cRCiJ

In October 2018 Woźniak Legal was highly commended for excellence in the category of International Legal Services. The Law Society Excellence Awards gala took place on 17 October 2018 in London. I had an enormous honour to receive this award from the President of the Law Society Christina Blacklaws (she/her). #excellence