Trust agreement – trust acquisition of shares in a capital company

1. What is a trust agreement? A trust agreement for company shares is a document that governs the relationship between an owner of company shares and a trustee appointed to temporarily manage those shares. This agreement allows the owner of shares to place their shares in the hands of a trustee, who can manage them on the owner's behalf. 2. What are the purposes of a trust agreement? Entrusting […]

Is it possible to violate personal rights without mentioning anyone's name?

In the wake of the case involving YouTubers and accusations of their relationships with minors, a flood of accusations and allegations about specific individuals and their inappropriate behavior has surfaced online. Some accusations did not specifically identify the individual, but only (or as much as) information that could clearly identify the individual […]

Types of court restructuring proceedings

An insolvent debtor (or one threatened with insolvency) who is an entrepreneur may avoid declaring bankruptcy by entering into an arrangement with their creditors as part of restructuring proceedings. The Restructuring Law (Journal of Laws of 2020, item 814) provides for four separate types of such proceedings: Each has different attributes that determine which procedure will be most beneficial for a given […]

You found out about the testator's debt, but you didn't file a declaration of rejection of the inheritance in time? There is a chance that you will protect yourself from paying off the debt

Pursuant to Article 1019 § 2 of the Civil Code, an heir who, under the influence of an error or threat, failed to submit any declaration within the deadline may avoid the legal consequences of failing to meet the deadline in the above manner. Undoubtedly, the main characteristic of the error that constitutes the basis for the heir's avoidance of the legal consequences of failing to submit a declaration of acceptance or waiver of inheritance within the deadline is […]

Whistleblower protection – new obligations, how to implement whistleblower protection regulations?

Do you employ more than 50 people under employment contracts or mandate contracts? Are you the manager/director of an organizational unit in a municipality or district with more than 10,000 inhabitants? Implement whistleblower procedures and protect yourself from liability! Who must implement the regulations? Pursuant to Article 23, Section 1 of the Whistleblower Protection Act, the regulations must be implemented by: 1) each legal entity (single-person […]