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On 2 February 2017 the Poznań Regional Court announced an appealable judgment awarding the designers of the Łódź Fabryczna railway station—one French and one Italian company, members of a group that is a world leader in the design of railway and transport infrastructure—jointly and severally, a decision entitling them to recover from a consortium of contractors PLN 16.01 million and PLN 3.35 million respectively. The amounts represent unpaid remuneration due to the designers that has been reduced by a contractual delay penalty of PLN 200,000 that the designers are to pay as the only compensation.
The increasing importance of cross-border M&A and investments, the internationalisation of commercial relations on a European scale and globally, and technological changes largely shifting commerce into cyberspace, present challenges to law firms that they must rise to if they are to effectively assist their clients in the 21st century.
Izabela Zielińska-Barłożek, Łukasz Szegda, Michał Nowacki, Michał Wons, Maciej Szewczyk and Marcin Pietkiewicz have contributed the Poland chapter to The Real Estate M&A and Private Equity Review.
New publication prepared by the Business Crime Practice at Wardyński & Partners. Internal investigations conducted by enterprises in-house when irregularities are suspected offer many advantages to businesses compared to initiatives undertaken by public law enforcement authorities. We encourage you to read it!