Conversion of loans from partners into contributions in a limited liability company

The attorneys from the Law Firm provided legal support to a Client from the mining industry in a process involving the approval by the partners of contributions and the conversion of previously provided loans into these contributions.

The implementation of this project included, among other things, the preparation of necessary documentation, such as:

• Loan agreements to be concluded between the partners and the company;
  • Documents for the Extraordinary General Meeting of Shareholders related to the approval of contributions (draft of the invitations for the meeting, draft of the minutes with resolutions);
  • Drafts of the compensation agreements.

The Client could also rely on ongoing assistance and advice on tax matters related to the entire procedure.

Thanks to the knowledge, experience, and commitment of the Law Firm’s lawyers, the Client quickly received the relevant documents and was able to carry out the procedure for approving the contributions, which was crucial for the Client’s further investment plans.