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Covid-19 – Anti-Crisis Shield – Leases
In its current form, the so-called Anti-crisis Shield features a number of regulations concerning lease agreements. An overview of the proposed changes follows. Shopping Centres Rent Reduction and Limited Liability Tenants who meet certain criteria can expect a 90% discount on rent (unless a particular lease agreement offers a more favourable solution) and will not be …
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Covid-19 – Prime Minister’s Announcement
Polish Prime Minister Mateusz Morawiecki announced today (24 March 2020) a series of procedures being implemented in the face of the global Covid-19 crisis. These include: Restrictions on travel for the entire population of Poland. Travelling to and from work is permitted, also volunteer work as well as travelling for essential activities; A complete ban …
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Covid-19 – Practical Tips from Penteris – Insolvency, Corporate, Support Measures
When does a company need to file for insolvency in Poland? Are there exceptions in the current situation? According to Polish Bankruptcy Act, a company needs to file for bankruptcy within 30 days after one of the following prerequisites takes place: (i) a company has delayed payment of its dues for longer than 3 months, …
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