Businesses in ongoing operation
Registration and choice of legal form, commercial contracts, corporate documentation, and ongoing legal support for the day-to-day operation of the business.
Matters we help with
- Formation and registration of companies, and selecting the appropriate legal form
- Conversions of businesses, including mergers and divisions of companies
- Dissolution of companies and removal from the register
- Restructuring proceedings
- Insolvency proceedings - for debtors and creditors
- Asset protection and succession planning
- Establishing and administering family foundations
- Ongoing legal support for businesses
- Commercial contracts - drafting, review and negotiation
- Corporate matters - shareholders' meetings, resolutions, liability of management board members
Businesses at every stage of operation
Businesses undergoing change or in a difficult situation
Conversion and dissolution, restructuring and insolvency proceedings, asset protection and succession planning, including family foundations.
How we work together
01
Contact
Phone or form. Please indicate the legal form of the business and whether the matter involves a statutory or registry deadline.
02
Review of the situation
Analysis of corporate documents, the structure of liabilities and the schedule of deadlines, and in tax matters - together with our tax adviser.
03
Implementation
Preparation of documents and resolutions, registry filings, and representation before the registry court and the restructuring and insolvency court.
Frequently asked questions
When should the management board file for bankruptcy?
The application must be filed within thirty days of the date on which the grounds for a declaration of bankruptcy arose, that is, from the onset of insolvency. Meeting this deadline is relevant to the liability of management board members for the company's obligations. If the financial situation is deteriorating, it is worth considering restructuring proceedings earlier - at the consultation we discuss the available options and their consequences.
What is the difference between restructuring and insolvency?
Restructuring proceedings serve to avoid bankruptcy by entering into an arrangement with creditors, and as a rule allow the debtor to retain its business and the management of its assets. Bankruptcy leads to the liquidation of the debtor's assets and the satisfaction of creditors from the proceeds. The choice of procedure depends on the state of the finances, the structure of the debt, and the prospects for continuing the business.
What is a family foundation for?
A family foundation allows family assets to be separated out, and the rules for managing them, the circle of beneficiaries and the scope of benefits due to them to be defined. It is sometimes used to organize succession in family businesses and to limit the risk of fragmenting the assets. Establishing a foundation requires a founding deed, articles and entry in the register. We help prepare the documents and carry out the whole process.
When is a management board member personally liable for the company's obligations?
In a limited liability company, a creditor may pursue payment from the management board members if enforcement against the company's assets proves ineffective. A management board member may be released from this liability by demonstrating, among other things, that the application for a declaration of bankruptcy was filed on time, or that the creditor suffered no loss. Documentation and dates are decisive.
How much does the first consultation cost?
The initial consultation (up to 60 minutes) costs PLN 300 net. During the meeting, the advocate reviews your situation, answers your questions and sets out the possible next steps and the terms of any further cooperation. More about the first meeting
This content is provided for general information only and does not constitute legal advice.