Closing ahead? Check how the coronavirus can affect your transaction in Poland and be prepared

It has already become obvious that the COVID-19 outbreak has had a tremendous impact on the markets across the entire world. Each day shows us how significant this impact on the global and local markets has been. One of the areas where the pandemic could cause devastating consequences is in the M&A sector. This especially concerns transactions which are in the pre-closing stage, with the preliminary agreements having been executed before these highly unusual times occurred. If you are right in the middle of a Polish law-governed deal, whether on the selling or buying side, this short note will give you a clearer picture as to what you should bear in mind in order to see how the coronavirus outbreak might affect it. This note might also provide advice to entities working on transactions which terms are yet to be agreed during the time of the COVID-19 pandemic.

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