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The Warsaw Voice » Law » June 3, 2009
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June 3, 2009   
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GLN Advises TP on Mega Bond Issue
International law firm Gide Loyrette Nouel (GLN) has been advising Telekomunikacja Polska and its special-purpose vehicle TP Eurofinance France SA on what promises to be the largest corporate bond issue in Central Europe this year. The issue will comprise 1.5 billion euros worth of European Medium-Term Notes listed on the Luxembourg exchange.

Lawyers from GLN offices in Warsaw, London and Paris are responsible for the transaction. In Warsaw, those involved in the project include partner and attorney-at-law Paweł Grze¶kowiak, legal adviser Agnieszka Kowalska, and lawyer Marta Karmińska.

Ministers in the Know About Verdicts
Under an amendment to the Act on the National Criminal Register recently passed by the lower house of the Polish parliament, those who put European Union finances at risk will not only be entered in the National Criminal Register but will also forfeit the opportunity to place tenders invited by EU institutions. That concerns both individuals and corporate bodies.

Governmental ministers, for example of finance and agriculture, will also become acquainted with every guilty verdict of this kind and subsequently pass the information over to the European Commission.

Passports With Fingerprints
Passports issued as of the end of June will include two fingerprints taken from both hands. New biometric data, including fingerprints, may only be used to verify the authenticity of the document and the identity of their holder, the European Commission ordered recently. This ruling is binding for all European Union member countries introducing security measures in passports.

The present biometric passport, issued in Poland for the past three years, features a microprocessor with a digital picture of the holder's face.

Aid Cut to Seekers of Refugee Status
State aid and assistance granted to individuals seeking refugee status in Poland is to be reduced. The Ministry of Internal Affairs and Administration has prepared two draft orders: one on the amount of aid, and another on regulations governing the stay of foreigners at centers for those seeking refugee status.

The ministry intends to reduce the benefits as follows: The one-off aid paid out to them for the purchase of clothes will be cut by zl.20, to zl.120. Their "pocket money" will be reduced from zl.50 to zl.43, but if they are doing work for the good of the center they may be entitled to up to zl.100. The food equivalent in cash will also drop from zl.9 to zl.8. No changes will be introduced in the amount of aid earmarked for the purchase of sanitary articles: zl.20. The daily rate per family to cover the cost of their own stay on the territory of Poland will continue to range between zl.12.50-zl.25 depending on the number of family members. The amount of aid to cover food costs for a foreigner who voluntarily decides to return home will not change, either.

About 4,500 foreigners were staying in centers for refugees in Poland in January. The cuts are expected to generate about zl.2 million savings annually. The planned changes in regulations include a ban on business operations by foreigners on the premises of a center.

Visegrad Group Countries Adopt E-justice
Poland, the Czech Republic, Hungary and Slovakia are seeking to create a common e-platform for the exchange of data among their respective judiciary systems. Justice ministers from the four countries signed a memorandum on close cooperation in this field at a meeting in Wrocław in southwestern Poland May 8.

"We do not mean to build a uniform system, but rather to create an up-to-date communication platform," said Polish Justice Minister Andrzej Czuma.

In addition to standardized technology, the joint undertaking aims to unify the e-inspection and e-communication systems of individual judiciary institutions of the Visegrad group countries, and, in the future, to work out a shared system of data exchange among their IT systems.
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