Legal personality – when a company becomes a shield for abuse

Paweł Michalski

Is your contractor fleeing with their assets to a new company, avoiding payment?
Do you think that such fraud can be safely hidden behind a ‘corporate veil’?

That’s a myth!

Polish courts are increasingly bold in applying the concept of ‘piercing the corporate veil’. This is an important signal that legal personality is meant to support business, not protect against dishonesty!

Would you like to know when not only a company but also a natural person (partner, manager) is liable for damage?
When do Articles 5 and 415 of the Civil Code become a weapon for creditors, and what do ‘shell companies’ mean for honest trading?
You will find answers to these and other questions in an article by Paweł Michalski for Dziennik Rzeczpospolita.

We encourage you to read it!

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