Articles

  • Long and Short List Development as Key M&A Phase

    2015-07-30
    The process of development of potential business entities list is one of the first actions taken by an adviser when handling the M&A process. This can be divided into two phases.
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  • Transfer Pricing Regulations Change Planned for January 1 2016

    2015-05-21
    The Ministry of Finance is well progressing in the area of implementation of the EU regulations relating to transfer pricing. Published on April 27 2015, the draft act of corporate income tax (CIT) provides for a number of changes as against the regulation currently in force with regard to documenting transactions conducted between affiliated business entities. The changes will make it possible to improve the transparency of financial dealings between affiliated companies.
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  • Takeover of Part of a Company - Threats to Employers

    2015-05-06
    In the current economic realities, entrepreneurs bear various costs of their operations, the most burdensome of which are taxes and social insurance contributions for employees. The rising costs of employment result in many employers actively looking for solutions allowing them to reduce spending stemming from employing their staff.
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  • Brussels I bis

    2015-04-21
    On January 10th 2015, after a two years' vacatio legis period, the European Parliament's and the Council's Regulation no. 1215/2012 on jurisdiction and the recognition and enforcement of judgments in civil and commercial matters entered into force, thus replacing the regulation 44/2001 (Brussels I). The new law is referred to as "Brussels I bis". The regulation is the most important legal instrument in the field of the European civil litigation law. Unlike Brussels I, Denmark is a party to the Regulation Brussels I bis.
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  • Financial Due Diligence in Mergers and Acquisitions Processes

    2015-03-16
    Due Diligence is one of the basic processes related to merger and acquisition transactions. This phase has a key role in the M&A process, and the result thereof often determines the character of decisions made at the consecutive stages of the process.
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  • Amendment to the Civil Procedure

    2015-02-05
    An amendment to the Code of Civil Procedure was issued over the last days of October 2014. The key change is the extension of the regulations regarding the rules for drawing up an electronic protocol, i.e. a record made with use of recording devices. The amendment introduces an additional possibility of inclusion in the protocol of parties' motions and statements, summaries of evidence hearings, as well as other circumstances relevant to the course of court sessions, without the need to keep records of the trial in the traditional manner.
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