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Clifford Chance

Clifford Chance
Briefings

Briefings

Criminal liability of managers - changes

20 June 2011

On 9 June 2011, the Parliament adopted the Act Amending the Criminal
Code and Certain Other Acts (the "Act"), which amends, among other
things, the Criminal Code and the Commercial Companies Code in
relation to the criminal liability of persons managing commercial
companies, co-operatives or insurance companies and acting to the
detriment of such entities. On 16 June 2011, the Senate approved the
Act without corrections. It will now be presented to the Polish president,
who has 21 days to either sign or veto it, or to refer it to the
Constitutional Tribunal for it to establish whether the Act is constitutional.

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