Insolvency law and insolvency proceedings
Insolvency law and insolvency proceedings in Poland
Today's insolvency law primarily aims to restructure companies and, if necessary, enable debtors to make a fresh economic start. At the same time, it seeks to satisfy all creditors of an insolvent debtor as best as possible, based on the principle of fair and equal treatment.
Legal assistance in the area of bankruptcy law and debt restructuring on the basis of generally applicable legal provisions
Our law firm not only assists with transactions where one party is at risk of insolvency. We also offer legal support in ongoing insolvency proceedings, including filing for insolvency.
Our firm provides legal assistance to both domestic and international debtors (especially in situations where there are difficulties with timely debt repayment) as well as to creditors seeking to enforce their claims against defaulting debtors.
The firm's services include advising and representing clients at all stages of the insolvency proceedings.
Our legal advice includes:
- Representation of the interests of creditors or debtors in bankruptcy proceedings
- Establishing the legal conditions for debt restructuring before and after insolvency proceedings have commenced
- Restructuring of collateral provided by the insolvent debtor
- Negotiation and drafting of standstill agreements
- Assessment of the effectiveness of concluded contracts and the resulting consequences in the event of insolvency proceedings
- Legal assistance to safeguard the interests of the parties in the event of a debtor's bankruptcy
- Legal assistance in examining the insolvency status and the possible initiation of restructuring proceedings
- Funding application
- Handling cases concerning the exclusion of third-party assets from the insolvency estate
- Negotiation and conclusion of agreements with bankruptcy trustees and liquidators
- Defense of company bodies against the consequences of delay in filing bankruptcy petitions