A new Act amending some legal regulations came into force and effect on 7 April 2017. The Act is aimed to facilitate debt recovery by introducing many procedures to the advantage of the creditors. Apart from the Registry of Public Debt, which shall register the…
This headline is a paraphrase of the advertising slogan of a well-known whisky brand coined after the National Bank of Switzerland „freed” the exchange rate of Swiss franc on January 15, 2015. This date has been noted as another „Black Thursday”. As a result of…
A new amendment to the Civil Code on a commercial proxy came into force and effect on 1 January 2017. The amendment pertains to the so-called joint irregular proxy. The aforementioned proxy has been known and used in practice by the entrepreneurs for many years,…
Neither the provisions of the Civil Code nor the provisions of the Act of 30 May 2014 on Consumer Rights explicitly require a consumer returning the goods or making a complaint to present a receipt/or an invoice as a proof of purchase. However, in practice,…
The Supreme Court has issued a resolution relevant for a debtor under enforcement procedure. The resolution has clarified the issue of VAT added to enforcement fees by court enforcement officers. Generally, the issue of VAT charged on enforcement fees is as follows: a court enforcement…