RESTRUCTURING AND CONVERSION
Conducting business activity or making decisions on further investment undertakings demand the change, expansion or consolidation of existing forms of activity on the part of entrepreneurs. Our Law Office analyses the actions planned, indicates optimal legal forms for a planned endeavours, draws up restructuring and conversion schedules and assists in their implementation.
As part of restructuring measures, a specific area of our legal practice includes projects of contributions in kind of an enterprise and its organised part. With these projects, the involvement of KRS Lawyers is heavy in the initial stage. We analyse all contractual liabilities in terms of provisions excluding the assignment of rights and support entrepreneurs in determining liabilities transferred.
We help to carry out procedures of notification and acquire consents of counterparties to transfer all rights and liabilities from reciprocal agreements. When splitting an organised part of enterprise, we implement an internal organisational structure, including financial and functional separation. We cooperate with a notary in drawing up contribution in kind deeds. We act on behalf of entrepreneurs when registering the in-kind contribution before courts and public administration bodies.
Within the scope of our legal practice, KRS Lawyers also deals with matters related to the planning and implementation of mergers, conversions and divisions of companies.
These processes are preceded by drawing up a schedule of activities necessary for quick and efficient implementation of the entire procedure. The schedule is a road map which allows the entities participating in the restructuring process to gain the relevant knowledge and prepare for future changes. At the planning stage, we present an analysis of the legal and tax impact of restructuring activities undertaken.
We draw up and assist in devising plans for mergers, conversions or divisions, preparing reports of the management board, financial statements and documents related to the valuation of the entities involved in the process of restructuring.
We supervise the passing of resolutions, procedures of notifications and publication of information required by law in the official journals or websites. We represent the entities being restructured before the court of registration and other public administration bodies in the area of restructuring activities undertaken.
Our range of services applies to both entrepreneurs conducting business in Poland and abroad. These often include companies with foreign capital. In this regard, we prepare agreements, resolutions, minutes, two-or multi-lingual powers of attorney, which foreigners undertaking restructuring activities require.