Interest rates, which have held steady in recent years, have seen significant increases each month since the fall of 2021. The level of these rates has a direct impact on the amount of credit installments on all financial instruments: loan contracts, cash loans, mortgages or leases. It is common in Poland for this type...
NEWSLETTER No. 18, May 2022 Malinowski & Associates. Legal Advisors. Partnership Table of contents Crowdfunding platforms will finally be regulated. Help for borrowers in times of crisis. Support and loan from the Borrower Support Fund…. 2 Conditions and exclusions. Support. Loan. Basis for granting support or loan Repayment of support or loan The ability to...
Probably every person doing business has at some time netted his receivables against those of his counterparty. This very convenient institution, also known as a deduction, is often used by entrepreneurs. However, our legislature has noted that it is sometimes abused by those aiming to delay payment of a debt to the other party. This...
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