Naruszenie zbiorowych interesów konsumentów w toku prywatnej emisji obligacji
Infringement of collective interests of consumers during a private offering of bonds

Summary/Abstract: The subject of this paper is the assessment of possibility and forms of infringement of the collective interests of consumers during a private offering of bonds. Recent events on the Polish capital market have shown that the consumers investing their funds on this market are exposed to entrepreneurs’ actions which may infringe their interests. In this context it should be assessed whether entrepreneurs’ actions may lead to infringement of collective interests of consumers, and if yes, to which examples of infringements described under the respective provisions of Polish law such infringements may apply and what forms such infringements may have. Considering the above, in this paper it will be presented how should the notion of private offering of bonds be interpreted, given the latest changes in Polish law, what actions constitute the process of issuance of bonds and whether the potential violations of rules of conducting the process of issuance of bonds may be classified as infringements of collective interests of consumers

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