Court rules Orlen supervisory board appointment as invalid
This decision was questioned by Bengodi Finance, a company connected with Kulczyk Holding, the president of which, Artur Ulrich, claimed that the verdict has more of a symbolic meaning and stressed that the law has to be respected. After the verdict was announced, PKN Orlen issued a statement in which it claimed that "according to opinions held by the holding, the verdict does not influence directly on the validity of decisions made by the supervisory board with the participation of Jacek Bartkiewicz." It was also not revealed whether Kulczyk Holding will aim at annulling all decisions which were made with the participation of the new supervisory board member. (Parkiet, p. 1) A.K.
