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CROSS BORDER TRANSACTION IN DEFENCE SECTOR – FIGHTING JETS DEAL BETWEEN USA, POLAND AND UKRAINE

The EU has provided EUR 450 million (USD 503 million) for weapons, including air defence systems, anti-tank weapons, ammunition and other military equipment for the Ukrainian Armed Forces. A further EUR 50 million will be provided for fuel, bulletproof vests, helmets and first aid kits.

Since the EU Treaties do not allow the use of the EU budget for military purposes, the Community is introducing an instrument called the “European Peace Fund”, which allows the provision of military aid of up to EUR 5 billion.

The United States is also increasing its supplies and is providing an additional USD 350 million (EUR 313 million) in military aid, including Javelin anti-tank missiles, Stinger anti-aircraft missiles, small arms and ammunition.

FIGHTING JETS

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Requirements of the Power of Attorney under the Polish Code of Civil Procedure

A power of attorney enables participants in proceedings to authorise other persons, in particular persons with a professional background, to represent them before the court, which undoubtedly speeds up and streamlines the entire proceedings. In Poland, it is regulated by the Code of Civil Procedure.

According to art. 89, a document of the power of attorney, with the principal’s signature or a certified copy thereof, shall be attached to the case files at the first procedural action (first pleading). However, after the commencement of the proceedings, it may also be granted orally at a court session by making a statement and enclosing it to the transcript of the hearing. There is no provision in the Code of Civil Procedure governing the content of the power of attorney document. However, it is assumed, that the document should specify the person of the proxy and the principal, as well as its subject matter – whether it is a general, or to conduct particular cases or to perform certain procedural actions. Particularly controversial is the fact that the Polish Code does not impose an obligation to indicate the place or date of preparation of the power of attorney document. In practice, however, it is assumed, that the date of issuance of the document should be indicated.

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The European Data Protection Board criteria of territorial competence of supervisory authorities to enforce Article 5(3) of the ePrivacy Directive

On 18 June 2021, the EDPB adopted internal document No. 04/2021 on the criteria for the territorial competence of supervisory authorities for the enforcement of Article 5(3) of the ePrivacy Directive.

Problem of territorial application

In view of recent decisions adopted by some SAs that are competent to enforce Article 5(3)
of the ePrivacy Directive[1], the EDPB has issued an Opinion aimed at establishing a uniform interpretation regulations of the territorial jurisdiction of SAs responsible for the enforcement of Article 5(3). Decisions adopted by SAs have shown that the territorial scope of application of the Directive may vary between different SAs, particularly where the controller/service provider is established in several Member States. Uncertainties on this issue could jeopardize decisions adopted by SAs across the Union.

Jurisprudence of the CJEU

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KIELTYKA GLADKOWSKI KG LEGAL TAKES PART IN THE FUTURE OF BEAUTY FESTIVAL – WSJ THE FUTURE OF EVERYTHING

On 22 February 2022 KIELTYKA KG LEGAL will take place in the Future of Beauty Festival as a part of Wall Street Journal Festival of Everything. The participants of the event will learn about the latest innovations shaping the future of beauty, from cosmetic industry giants harnessing the power of data analytics and artificial intelligence, to wellness technologies prompting consumers to take a more expansive view of beauty that includes mindfulness, nutrition and lifestyle choices. The speakers will also focus on the impact of the pandemic on these trends. The speakers will include Katie Sturino, Founder, Megababe, The Future of Beauty; Ellie Austin, News Editor, Live Journalism, The Wall Street Journal; Sara Castellanos, News Editor, Live Journalism, The Wall Street Journal Future of Beauty

https://x.em.dowjones.com/ats/msg.aspx?sg1=d02ac9c19316bc7aef1ddaa731d7dd49

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PENALTIES FOR PROMOTING PYRAMID SCHEMES IN POLAND – DECISIONS OF THE PRESIDENT OF THE POLISH OFFICE FOR THE PROTECTION OF COMPETITION AND CONSUMERS

HOW TO RECOGNIZE A PYRAMID SCHEME?

Pyramid promotional schemes involve consumers being persuaded to participate in a “project” in exchange for the promise of remuneration or other benefits, which depend primarily on bringing more people into the scheme rather than on the sale or consumption of products. Such schemes most often offer investments in tokens, cryptocurrencies, educational or language packages, apartments, etc.

The scheme of operation of a pyramid scheme is basically as follows: you put money into a supposed investment, you refer other people, and you get paid for introducing them. Your money is not actually invested, it is used to compensate the people who brought you into the system. At the same time, your compensation comes from the contributions of people you have directly and indirectly referred. In this way, it is you, your friends and your friends of friends who are funding a system that is not really investing anything. Therefore, after a period of time, the system has to fail because the money paid in is not invested in any assets and does not make a profit. The money goes to the organizers and the highest position in the chain. The system works as long as the number of people joining and contributing money increases exponentially, which is not sustainable. As a result, the system collapses and the money invested is lost.

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