UD361 in Development Practice – KWKR Experts’ Analysis

An article by Jagoda Rzechowska-Ochrym, Attorney-at-Law and Senior Associate at KWKR, and Ewa Sekuła, Junior Associate at KWKR, has been published in Rzeczpospolita. The authors examine the potential impact of draft legislation UD361 on special purpose vehicles commonly used in real estate development projects.

For years, special purpose vehicles (SPVs) have been a standard tool for structuring development projects. The proposed amendments may, however, affect not only the relationship between developers and purchasers, but also the way project companies operate and are ultimately wound up.

In their article, the authors analyse the proposed legislation from a practical perspective, looking at both the objectives of the reform and its potential implications for the real estate sector.

The draft legislation is intended to strengthen purchaser protection in the residential market. At the same time, it raises important questions regarding the operation of SPVs, the organisation of development projects and the broader legal framework governing corporate structures.

These issues are explored in detail in the authors’ analysis published by Rzeczpospolita.

We invite you to read:

by Jagoda Rzechowska-Ochrym and Ewa Sekuła, available on the Rzeczpospolita website.