The victory of the Law Firm in a dispute regarding the liability of a management board member of a construction company

The GKW Law Firm has represented a former management board member of a construction company in a court dispute with the General Directorate for National Roads and Motorways (GDDKiA) for payment due to liability of members of the management board of a limited liability company for its obligations. Earlier, GDDKiA obtained a favorable court decision in relation to a construction company, and due to the ineffectiveness of the enforcement against it, it decided to sue members of the management board.

By a judgment of February 13, 2020, the Regional Court in Warsaw dismissed the claim of GDDKiA. He pointed out that the expectation that a member of the management board should file a bankruptcy petition within 14 days of ceasing to pay obligations does not take into account the economic realities in which enterprises operate. It is obvious that the members of the management board are fully responsible for the company’s obligations and its functioning, but the accounting services issue and accept accounting documents. The assumption that the members of the management board analyze and verify all documents on a daily basis would in practice paralyze economic activity, especially in relation to entities implementing large investments. In the opinion of the Court, the fault cannot be attributed to a member of the management board who, intending to end his term of office, did not file for bankruptcy of the company.

Advice provided to Polmlek Group on obtaining financing for purchasing shares in Rolmlecz and Lacpol

GKW lawyers advised Polmlek Group in process of obtaining financing for the acquisition of Rolmlecz and Lacpol.

The scope of counselling included verification of financing acquisition documentation, including collateral agreements, verification of conditions precedent to payment of financing and preparation of corporate documents required by the bank in connection with the transaction.

Polmlek Group is the largest private company with 100% Polish capital from dairy industry in Poland.

 

The transaction was handled by:

Arkadiusz Grabalski

Justyna Fedyszyn

Paulina Banasik

Participation in the 17th Local Government Capital and Finance Forum in Katowice

On October 2-3, 2019, we participated in the 17th Local Government Capital and Finance Forum in Katowice.

As speakers, we took part in discussion panels: “Financing”, “Concentration of assets (mergers of municipal companies) to improve the financial capacity of the municipal sector in cities – forms and methods” and “Financing environmentally friendly investments in public transport (infrastructure and rolling stock) using leasing and / or revenue bonds. ”

Thanks to the organizers and participants for the meeting and the opportunity to exchange experiences. See you in a year!

 

More information about the forum:

http://www.samorzadoweforum.pl/

The victory of the GKW Law Firm in a dispute over the employer’s liability for infringement of personal interests by an employee

The law firm represented the employer in a court dispute over the protection of personal interests, brought by a bus passenger in connection with the driver’s infringement of personal interests. The Regional Court in Warsaw, in its judgment of September 12, 2019, upheld the judgment of the District Court dismissing the passenger’s claim in this case.

The courts of both instances shared the position of the Law Firm, according to which the employer’s liability for damage caused by an employee concerns material damage and compensation for material losses, and not compensation for infringement of personal interests. The courts upheld the objection raised by the Law Firm of the employer’s lack of capacity to be a party in a given civil case due to infringement of personal interests by the employee.

The judgment is final.

Advice provided to Polmlek Group in connection with acquisition of shares in Rolmlecz and Lacpol

The transaction of the acquisition by the Group of the entire shares of Przedsiebiorstwo Produkcyjno-Usługowe “Rolmlecz” in Węgrów and the takeover control of Przedsiębiorstwo Handlu Zagranicznego Spółdzielnia Mleczarskie “Lacpol” and its subsidiaries (“Lacpol Group”).

The law firm represented the buyer, Polmlek Group, in the transaction of acquisition of shares in Rolmlecz and Lacpol.

Rolmlecz is the most important partner of Lacpol, which is the parent company of the Lacpol Group. Rolmlecz’s activity concentrates on purchasing milk and its sales to production entities from Lacpol Group, the production and distribution of packaging  materials, and road  transport.

Lacpol Group is one of the leading producers and distributors of dairy products. The most important products produced by Lacpol Group include ripened cheese, cream, yoghurt, buttermilk, cottage cheese, butter, powdered products and milk drinks. Lacpol Group manufactures products in 9 production and service plants.

Polmlek Group operates in the dairy sector including mainly milk processing, the production of cheese and cottage cheese, butter, cream, as well as yoghurts. Owned by Polmlek Fortuna Sp. z o.o. is involved in the production of fruit and vegetable juices.

 

On the part of our Law Firm the transaction was handled by:

Arkadiusz Grabalski

Justyna Fedyszyn

Paulina Banasik

Mateusz Dubielis

Aleksander Olender

 

More information:

https://www.forbes.pl/biznes/polmlek-przejmuje-kontrole-nad-lacpolem-dzieki-przejeciu-rolmleczu/kz4jes5

https://www.tygodnik-rolniczy.pl/articles/polskie-mleko/polmlek-przejal-lacpol-i-dolaczyl-do-polskich-gigantow-mleczarskich/

 https://www.topagrar.pl/articles/aktualnosci-branzowe-bydlo/rolmlecz-i-lacpol-trafi-w-rece-polmleku/