KG LEGAL \ INFO
BLOG

Recent changes in the Polish Civil Procedure – important issues for cross border cases and litigation

Publication date: December 10, 2024

The Polish legal system has recently undergone a number of significant changes, the most recent of which concern the Code of Civil Procedure. A few years ago, conducting an online hearing was impossible. Although the regulations allowed videoconferencing, it was limited to connections between courts, mainly used for questioning witnesses. The COVID-19 pandemic has significantly affected these regulations, leading to the introduction of the possibility of remote participation in hearings. Thanks to the amendment of the regulations in March 2020, remote hearings have become a reality, initially as a temporary solution, aimed at counteracting the effects of the pandemic.

Seeing the effectiveness and convenience of remote hearings, the legislator decided to permanently introduce this form to the Code of Civil Procedure. On March 14, 2024, an amendment came into force, which not only consolidates remote hearings as a standard procedure, but also introduces a number of other innovations. The aim of these changes is to streamline and accelerate civil proceedings, so that the justice system is more effective and accessible to citizens and entrepreneurs.

More

KIELTYKA GLADKOWSKI IS EXPANDING ITS TEAM FOR PROTECTION OF FOREIGN CREDITORS OF POLISH COMPANIES IN THE M&A PROCEDURES FOR A) “SHIPPING” THE DEBTS OF A DIVIDED COMPANY TO ANOTHER COMPANY INTENDED FOR BANKRUPTCY AND B) IN CASES OF CREATING A PROFIT CENTER AND A LOSS CENTER. EXAMPLE VALUE 2 MILLION / 10 MILLION DOLLARS

Publication date: July 23, 2024

For effective protection of foreign creditors in Polish jurisdiction, our law firm combines the experience of:

1/ the practices of lawyers and litigators who can predict the effects of M&A as a tool for the attempt to remove assets in the face of possible enforcement;

2/ OSINT analysts and private investigators who, using various methods of analyzing metadata, are able to track crypto transactions and information traffic in the Internet, also from the level of DEEP and DARK WEB, and are able to track the real value of the assets of the Polish company.

More

The lawyers of KIELTYKA GLADKOWSKI at the Capitol Hill with the International Law Section of the American Bar Association – May 2024

Publication date: May 28, 2024

Visiting the American Parliament building by Kiełtyka Gładkowski KG LEGAL’s lawyers. The United States Capitol is a building located on Capitol Hill in Washington, D.C., that serves as the seat of the United States Congress (American Parliament). The visit to the Capitol Hill was related with the role of the members of the American Bar Association as the organization actively engaged in advocacy before Congress, the Executive Branch and other governmental entities on diverse issues of importance to the legal profession.

More

Sukuk investment – international perspective

Publication date: March 03, 2023

Sukuk is a financial bond that complies with Islamic religious law commonly known as Sharia. The traditional Western interest-paying bond structure is prohibited in the Islamic law because the riba, or interest debt, goes against precepts of Islam. Therefore, the Islamic countries and investors need a structure to link the returns and cash flows of debt financing to a specific asset being purchased, effectively distributing the benefits of that asset. In order to do that, in Malaysia, the sukuk was created twenty three years ago and, since then, it has become extremely popular in Islamic finance.

Sukuk represents aggregate and undivided shares of ownership in a tangible asset as it relates to a specific project or a specific investment activity. An investor in sukuk, therefore, does not own a debt obligation owed by the bond issuer, but instead owns a piece of the asset that’s linked to the investment. This means that sukuk holders, unlike bond holders, receive a portion of the earnings generated by the associated asset. Hence, financing can only be raised for identifiable asset, this means an asset whose commercial value can be measured.

More

KIELTYKA GLADKOWSKI TAKES PART IN THE EVENT SHOWCASING THE FUTURE OF AUDIO AND VISUAL TECHNOLOGY – INNOVATIONS IN AV

Publication date: February 22, 2023

Innovations in AV: Showcasing the Future of Audio and Visual Technology – 2, March 2023 in London

KIELTYKA GLADKOWSKI lawyers are taking part in the event: “Showcasing the Future of Audio and Visual Technology – Innovations in AV” on March 2, 2023. The event will take place in 55 Bartholomew Close London where the news perspectives and advances on the field of AV technology will be presented to all corporate clients looking to keep in the firsts lanes of the market. The event is organised within LCCI, London Chamber of Commerce and Industry.

The event is organized by SPOR Group, a London-based Company dedicated to provide new advance technology solutions to a vast range of clients. During the event, the visitors will be shown technological developments in five principal sectors. The emphasis will be on Digital Signage, especially to create engaging and informative experiences for customers and employees. Meeting room Technology, especially on interactive displays, wireless presentation and video conferencing solutions. Space Booking underlining the integration between shared spaces and calendar systems and other tools. Remote Workforces, following its rise in importance during the lasts years, to give support and security of remote workers through AV systems. Networking – this event brings the opportunity and the places to get in touch with other corporate clients, industry experts and vendors and to learn other perspectives and approaches to their own AV deployments.

More

UP