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The new commercial code will affect also “decent” companies

Date: 14/11/2017

The latest amendment to the Commercial Code does not only contain restrictions on unfair practices and grey knights. It affects the life of businesses more than it seems at the first glance, and nobody talks about it. We introduce you the most important changes that may affect your business.

On November 8, 2017, an amendment to the Commercial Code was published in the Collection of Laws, which again fundamentally extends the liability of the statutory bodies, even those who have been and are no longer or even those who were not statutory representatives.

Here is a summary of the most important changes.