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Polish Development Fund loses court battle over Covid shield grant repayment
๐Ÿ“ˆ Business

Polish Development Fund loses court battle over Covid shield grant repayment

A district court dismissed a lawsuit by the Polish Development Fund (PFR) seeking repayment of a grant paid to an entrepreneur under the financial shield programme. The court ruled that the receivable was covered by a restructuring arrangement and that demanding full repayment solely due to a procedural shortcoming constituted an abuse of rights. The ruling confirms that PFR does not hold priority over other creditors in restructuring proceedings.

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