Polish Law Firm Sees Surge in Cases After Pivotal FX-Loan Ruling

The biggest Polish law firm specializing in helping mortgage-holders sue their banks over foreign-currency loans is hiring more attorneys as it expects its best month ever after a European Union court rules on the issue in about two weeks.

Warsaw’s WIG-Bank index has advanced 13% this year, twice as much as the benchmark WIG20, fueled by record profits amid high interest rates. The sector’s outlook hinges in part on whether the verdict on June 15 will trigger another wave of lawsuits and further write-offs.

Votum SA, a law firm which represents 42,000 foreign-currency loan clients — about a ...