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• Things to bear in mind when retaining title to goods sold

  02-02-2012

  A seller may secure payment of the purchase price by reserving title to goods in the sale agreement, even if the goods are delivered to the buyer. Reservation of title must be made in writing with a certified date.

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• Preliminary agreement for real estate transaction without a shareholder resolution?

  18-01-2012

  A company may enter into a preliminary agreement to buy or sell real estate without obtaining shareholder approval, but the lack of a shareholder resolution will prevent the parties from seeking a court order enforcing the promise to go through with the t

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• Tax office needs to know about amendments to corporate charter

  18-01-2012

  The Commercial Companies Code requires a company to notify the tax office of amendments to its articles of association or statute, but the law provides no sanctions for failure to do so.

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• Audit committees in public companies

  19-12-2011

  When a company is listed on the stock exchange, it should appoint an audit committee within the supervisory board. The committee must include an independent director with audit or accounting competence.

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• Environmental impact of shale gas exploration and extraction

  12-12-2011

  Before beginning to explore or extract shale gas, is it always necessary to conduct an environmental impact assessment?

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• When to supplement bid documents in a public procurement proceeding?

  05-12-2011

  The Public Procurement Law allows the contracting authority to summon a bidder to supplement its bid documentation. The law does not prohibit a bidder from doing so on its own initiative, but is that a good idea?

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• Duties of the management board of a limited-liability company in the process of share transactions

  05-12-2011

  Sale or encumbrance of shares in a Polish limited-liability company requires the management board to take certain actions, including entry of changes in the share ledger and, in some cases, consent to the transaction.

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• Foreign exchange permits and reporting

  28-11-2011

  Although foreign exchange permits are rarely required in Poland anymore, companies must still remember about certain central bank requirements in this area.

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• Outsourcing bookkeeping services

  28-11-2011

  What are the obligations, barriers and costs that an existing company must deal with before beginning to provide accounting services as an additional business for outside entities?

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• Illegally hired foreigner does not have to be deported

  21-11-2011

  The province governor cannot issue a decision to deport a foreigner who was illegally hired if the hiring is legalised during the course of the deportation proceeding by obtaining the required permits and complying with the applicable procedures.

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