Blog

Simplified Corporations (SAS): The new business form that promises to revolutionize corporate structures in Argentina

By Javier Canosa Javier Canosa

 

Law 27,349 known as the “Venture Capital Support Law” (the “Law”) promises to revolutionize the daily practice of corporate law and business affairs.

In business affairs, legislation is enacted after there is a usual business practice, that is, generally the legal regimes regulate a...

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Ochrona danych w Unii Europejskiej

By Justyna Chomicz Justyna Chomicz

Od 25 maja 2018r. w państwach należących do Unii Europejskiej zastosowanie znajdzie Rozporządzenie Parlamentu Europejskiego i Rady (UE) 2016/679 z dnia 27 kwietnia 2016 r. w sprawie ochrony osób fizycznych w związku z przetwarzaniem danych osobowych i w sprawie swobodnego przepływu takich...

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Data Protection in the European Union – new regulation entering into force in May 2018

By Justyna Chomicz Justyna Chomicz

From 25 May 2018 in all member states of the European Union regulation of the European Parliament and the Council (EU) 2016/679 of 27 April 2016 on the protection of individuals with regard to processing of personal data and on the free movement of such data and the repeal of Directive...

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Foreign Investors Should be Cautious When Using U.S. LLCs

By Jacob Stein Jacob Stein

When determining what type of an entity should be used by foreign investors starting a business in the United States, an often-suggested structure is a U.S. limited liability company (U.S. LLC). This simple structure may be great for some foreign investors and disastrous for others.

  • A...
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Regulation:  Facebook in the Crosshairs

By Gideon Koren Gideon Koren

Even someone who has not yet tried her hand at submitting legal claims knows that rules of local jurisdiction in Israeli law determine that in the absence of other agreement between the parties, the service of a civil claim must be managed in the location connected to the defendant or to...

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Poland:  Can the Seller Limit his Liability to the Consumer?

By Małgorzata Krzyżowska Małgorzata Krzyżowska

Polish law protects consumers in relations with the sellers. The rule is that in relation with consumers, the seller cannot limit or exclude liability for the warranty. This issue is regulated by art. 558 § 1 of the Civil Code, which states that if a buyer is a consumer, limitation or...

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Changes in Polish Law a Regarding European Account Preservation Order, Community Property, and More

By Weronika Holowczyc Weronika Holowczyc

European Account Preservation Order

On January 18th  2017 a law came into force for the effective application of a Regulation (EU) No 655/2014 of the European Parliamet and of the Council of 15 May 2014 establishing  a European Account Preservation Order procedure to facilitate...

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Poland:  How to Determine the Witness’s Address?

By Małgorzata Krzyżowska Małgorzata Krzyżowska

If during the proceedings we asked for the hearing of the witness, we must provide the Court the address of his residence. It happens that the party that wants to call a witness does not know the address. At this point, we can request the Center for Personalizing Documents of the Ministry...

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Poland:  What is the Term of Repaying a Loan if the Parties Have Not Indicated It in the Contract?

By Małgorzata Krzyżowska Małgorzata Krzyżowska

Sometimes it happens that by borrowing some money we do not specify the exact term of the loan repayment. When the parties have not agreed on a repayment date in the agreement, provisions of art. 723 of the Civil Code shall apply, which provides that the debtor is obliged to return the...
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Poland:  When the Debtor May request to reduce the Contractual Penalty?

By Agnieszka Bąk-Bergander Agnieszka Bąk-Bergander

Contractual penalty is a contractual sum of money which is compensation for non-performance or improper performance of a non-monetary obligation. This compensation is regulated by art. 483 of the Civil Code. Even if the parties specify in the contract the amount of the contractual penalty,...

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