Tag Archives: Poland

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PETERKA & PARTNERS Newsletter

PETERKA & PARTNERS has prepared a special Newsletter dedicated to the legal developments affecting business in Central and Eastern Europe. Similarly to previous editions, the Newsletter includes the following sections:
· legal news
· tax news
· news from PETERKA & PARTNERS The Newsletter covers all of the jurisdictions in which PETERKA & PARTNERS has offices: the Czech Republic, Slovakia, Ukraine, Bulgaria, Russia, Poland, Romania, Belarus and Hungary.

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Spotlight Award Book of Lists 2017/2018 Received by Kochański Zięba & Partners

Kochański Zięba & Partners law firm have received the SPOTLIGHT AWARD BOOK OF LISTS 2017/2018 WARSAW BUSINESS JOURNAL in the category: leading mergers and acquisitions advisory firm. KZP is recognized for exemplary advisory services provided to Redefine Properties Limited, South Africa-based real estate investment trust listed in the Johannesburg stock exchange market, during the acquisition of 75% of shares in Echo Prime Properties B.V. from Echo Investment S.A. The transaction value, the largest in the history of the Polish real estate market, amounted to PLN 5.3 billion.

According to the Jury, Kochański Zięba & Partners have once again demonstrated their expert knowledge of the legal aspects of international mergers and acquisitions as well as displaying an extraordinary knowledge of the commercial real estate market.

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Pohland Herrenkleidung: Insolvenzplan unmittelbar vor der Fertigstellung, Filiale Dortmund wird geschlossen

Die Unternehmensfortführung der Pohland Herrenkleidung GmbH & Co. KG läuft weiterhin wie geplant. Der Insolvenzplan, den Frau Dr. Bettina E. Breitenbücher und ihr Team der KÜBLER GbR in den letzten Wochen erstellt haben, steht im Wesentlichen. In diesem Zuge wird Ende April die Filiale in Dortmund geschlossen, da der Vermieter das Mietverhältnis nicht fortführen wird.

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Peterka Partners – The CEE Law Firm Newsletter 1Q 2017

CZECH REPUBLIC

New Act on Public Procurement

On 1 November 2016, the new Act on Public Procurement, reflecting three European Directives from 2014, came into effect in the Czech Republic. The new Act brings with it more extensive scope for the application of the general principles of public procurement (transparency, non-discrimination, equal treatment, proportionality, etc.).

Electronic Records of Sale

On 1 December 2016, the Act on Electronic Records of Sale entered into effect. Due to the Act, a new system of online information for the tax authorities on all cash payments received was introduced and it caused the closing of a few small businesses; however, no substantial problems have yet occurred.

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Gläubigerversammlung der Pohland Herrenkleidung positiv verlaufen

Köln, 20. September 2016. Heute fand die Gläubigerversammlung der Pohland Herrenkleidung GmbH & Co KG statt. Die Gläubigerversammlung unterstützt das Insolvenzplanvorhaben. Die Unternehmensfortführung läuft wie geplant.

„Wir sind sehr zufrieden mit dem Verlauf der Gläubigerversammlung“, sagt Rechtsanwältin Dr. Bettina E. Breitenbücher von der bundesweit tätigen Kanzlei KÜBLER, die Pohland mit ihrem Team beratend zur Seite steht. „Die Gläubiger unterstützen das Insolvenzplanverfahren, was für den erfolgreichen Verlauf des Insolvenzverfahrens unabdingbar ist.“

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Pohland Herrenkleidung: Verfahren eröffnet

Seitdem die Pohland Herrenkleidung GmbH & Co KG vor zwei Monaten Insolvenzantrag gestellt hat, wurden umfängliche betriebswirtschaftliche Analysen für jede einzelne Filiale durchgeführt. Heute wurde das Insolvenzverfahren in Eigenverwaltung eröffnet. Das Sanierungskonzept steht und der Insolvenzplan ist in Vorbereitung.

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Peterka Partners – Newsletter July 2016

CZECH REPUBLIC

Register of Contracts As from 1 July 2016, contracts with public institutions must be published in a central register kept by the Ministry of the Interior. The failure to publish the relevant contracts will be sanctioned as from 1 July 2017, and this for contracts concluded from 1 July 2017 on.

Registration of beneficial owners

Amendment to the Act on Public Registers is passing through the legislative process. If enacted, companies registered in the Czech Republic will be required to disclose, within one year, their ultimate beneficial owner.

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Peterka Partners – Newsletter 2016

Amendments to the Consumer Protection Act Alternative dispute resolution for consumer disputes Starting 1 February 2016, the Consumer Protection Act (“CPA”) newly regulates alternative dispute resolution for consumer disputes. In particular, this provides the consumer with the opportunity to resolve his/her rights arising from (among others) purchase agreements before the national authority. In the Czech Republic, the authority for disputes arising from purchase agreements is the Czech Trade Inspection Authority.

Furthermore, the act also brings with it the obligation of the trader to inform the consumer about the exact competent authority to arbitrate the particular consumer dispute. That information should be provided in a clear, comprehensible and easily accessible way. If the General Terms of Purchase are an obligatory part of the agreement, or if the trader operates its own website(s), such information must also be mentioned there.

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Peterka & Partners CEE Newsletter, January 2016

Extension of investment support in the Czech Republic – amendment on investment incentives On May 1, 2015, an amendment regarding investment incentives came into effect. The amendment introduces new types of incentives and at the same time removes the current limitations in the Act on Investment Incentives and connected acts. Under the Act on Investment Incentives, investors who make or expand their investments in the Czech Republic may gain support in the form of investment incentives. The supported areas currently include the manufacturing industry, technology centres and centres of strategic services. For centres of strategic services the support is also extended to data centres and customer-support centres (call centres). In addition, the government determined through a resolution that industrial zones are to be provided with more attractive investment incentives – increased financial support for new jobs or completely new incentives such as an exemption from property tax for five years. The amendment also significantly reduced the required minimum number of newly-created jobs in activities with high added value.

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