The Right Focus

A revolution in the existing rules for alternative investment companies (AICs)

A revolution in the existing rules for alternative investment companies (AICs)

With the adoption of the Warzywniak act, the lawmakers introduced both minor and significant changes to the regulations governing investment funds and the management of alternative investment funds, which had unfortunate consequences for the operation of AICs, the Polish capital market and the very institutions that create this market.

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Defence-side litigation finance

Third-party funding (TPF) has been used successfully in arbitration and litigation for many years, and in our experience, has recently been increasingly used by Polish companies.

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Invalidity of a transaction vs. deduction of VAT

Invalidity of a transaction vs. deduction of VAT

According to the Supreme Administrative Court (Naczelny Sąd Administracyjny, NSA), a taxable person may not be deprived of the right to deduct VAT simply because a legal transaction is invalid from a civil law perspective.

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SLAPP: What’s new

SLAPP: What’s new

Poles, and primarily those who serve civil society, need regulations to protect their participation in public life more than any other EU citizens, with Poland notorious for leading the pack in the number of SLAPPs filed, according to the CASE Foundation report.

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