Artur Kluz published the article in Caixin – China Economics & Finance
We are happy to present the new article published by Artur Kluz in Caixin – China Economics & Finance. The title of the article is “A European Opportunity” and it refers to the shale gas in Poland and its opportunities for the foreign companies (especially Chinese) Here is the link to the article: http://english.caixin.com/2013-01-23/100485392.html
Excuse the interruption
Dear readers and subscribers of Business and Law, We would like to apologize for the recent interruption which is caused by our work on technical improvements for the website. This small pause in publishing will last until February 1st, please visit us again after February 1st to read the newest articles and posts we are working on right now. In the mean time we want to invite any one interested in becoming our contributor to read the “Invitation to Publish”, which […] read more
DOING BUSINESS 2013
Business & Law is proud to announce its participation and contribution to the prestigious Doing Business 2013 project held by The World Bank. ”Doing Business 2013: Smarter Regulations for Small and Medium-Size Enterprises assesses regulations affecting domestic firms in 185 economies and ranks the economies in 10 areas of business regulation, such as starting a business, resolving insolvency and trading across borders. This year’s report data cover regulations measured from June 2011 through May 2012. […] read more
Taxpayer – the Unofficial Sponsor of UEFA EURO 2012
Polish taxpayers may not realize that they are unofficial sponsors of the EURO 2012 tournament. Football fans and haters alike are going to foot the tax bill for UEFA and soccer stars performing in Poland because the government has offered a full tax exemption for any championship-related income. However, unlike in the case of official sponsors, there has been no negotiation or a contract with the general public which has to cover the cost of […] read more
B&L Recommends: Cross Border Real Estate Practice, a book by Terry A. Selzer, Co-Chair of the Cross Border Real Estate Practice Committee of the ABA International Section
The book provides practical advice to lawyers, investors, asset managers and other real estate professionals on selecting a property for investment, conducting due diligence, understanding differences in cultures, legal practices, language and negotiating styles, and other issues you need to know in conducting a cross-border transaction. Further it includes a CD with 20 sample agreements and other documents. Readers of B&L receive a discount of 20% by using source code: PAB2ACBR on their order. […] read more
Entrepreneur, don’t collude!
I would like to devote this guest inscription to initiatives that the Office of Competition and Consumer Protection undertakes to effectively protect competition and constantly raise the legal awareness of professional market participants. Our experiences clearly indicate that undertakings’ knowledge of antimonopoly provisions still has not reached a sufficient level, which is proved also by subsequent infringements. However, it is not our objective to impose fines, but prevent any competition-restricting market practices. According to this […] read more
Don’t Panic – It’s Only a Haircut
The passage of the second bailout package for Greece has awoken the fears of a massive credit default swaps (“CDS”) default, which was looming over the financial markets and was widely discussed in the media at the end of 2011. With the infamous CDS already on the spot, it is worth analyzing whether the fear of default is truly grounded in the contracts governing them (based on the standard 2003 Credit Derivatives Definitions, published by […] read more
Banking, Competition and Merger Policy: Challenges Following the Recent Financial Crisis
In 2008 the world witnessed one of the most devastating financial crises in recent history. Its force swept away several of the most powerful US investment banks, bankrupted mighty US and EU commercial banks and dried up banks’ capital worldwide (Beck et al., 2010; Johnson and Kwak, 2010). The financial crisis brought severe economic recession, dumping national and global growth and causing cumulative banking losses in excess of a trillion Euros (Vives, 2010). The cost […] read more
KODAK IS NOT GIVING UP
U.S. Bankruptcy Judge Allan Gropper in New York gave Kodak a year to reorganize and a permission to borrow an initial $650 million from Citigroup (Citigroup to provide $950 million). On Thursday, January 19, 2012 Kodak filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Southern District of New York. The Company is represented by Andrew G. Dietderich of Sullivan & Cromwell. The case is In re Eastman Kodak Co., 12-10202, U.S. […] read more
CLASS ACTION IN POLAND – milestone or useless procedural tool?
The class action regulation in Poland, known as the “Ustawa o dochodzeniu roszczeń w postępowaniu grupowym” (“Act on Group Proceedings”), based substantially on the Swedish Act of 2002, came into force on July 2010. This article summarizes the first impressions on the regulation and tries to answer whether this bill is a milestone in the Polish legal system or just a useless procedural tool which does not have a bigger social and economic impact. The […] read more