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Thursday, February 18, 2021 The amendment of the Commercial Companies Code (hereinafter “CCC”) to introduce holding law has already been discussed in our material Commercial Law Revolution in Poland – New Holding Law and Enhanced Corporate Oversight Mechanisms. However, as a continuation of this topic, we would like to touch upon one of its elements – the introduction into Polish commercial law of the measure of business judgment called “Business Judgement Rule” in assessing the actions of members of companies’ bodies. Ratio Legis  for Proposed Regulation The draft a...

+ The year 2020 will go down in history as one of the most challenging years ever the world has witnessed. This comes owing to the devastating havoc caused by the novel Coronavirus coupled with the financial crisis companies had to contend with and the millions of job losses. Ghana had its fair share of the global COVID-19 crisis where the government was even compelled to provide financial relief and somehow counter job losses. In the wake of these crises, some companies still managed to find a reason to support the vulnerable and the poor in the Ghanaian society. One of such groups, is Os...

Tuesday, February 9, 2021 In an effort to promote startups and encourage investment in emerging companies, the Polish government has amended the Polish Commercial Companies Code to allow for a new and exciting type of business entity: the simple joint stock company ( prosta spółka akcyjna - "PSA"). Beginning July 1, 2021, it will be possible to establish a PSA in Poland. Most Polish companies are established as either joint stock companies ( spółka akcyjna - "S.A.") or a limited liability companies ( spółka z ograniczoną odpowiedzialnością - "Sp. z o.o."). But these type...

In an effort to promote startups and encourage investment in emerging companies, the Polish government has amended the Polish Commercial Companies Code to allow for a new and exciting...

Osafric Ventures supports Nsawam Prisons at Christmas LISTEN JAN 1, 2021 The year 2020 will go down in history as one of the most challenging years ever the world has witnessed. This comes owing to the devastating havoc caused by the novel Coronavirus coupled with the financial crisis companies had to contend with and the millions of job losses. Ghana had its fair share of the global COVID-19 crisis where the government was even compelled to provide financial relief and somehow counter job losses. In the wake of these crises, some companies still managed to find a reason to support the v...