The simplified restructuring introduced with the act of June 19 this year was supposed to help companies overcome the biggest problems that came with the corona crisis. Did it happen?
Here is the assessment of the expert, Małgorzata Anisimowicz, president of the board PMR Restructuring.
Simplified However, restructuring turned out to be a tailor-made tool current times, in which one must act quickly and effectively. In the event of a sudden loss of liquidity, only immediate reaction and quickly conducted recovery procedures can help the company in getting back on track.
By minimizing the number of procedures, simplified restructuring proceedings have become the most efficient and effective restructuring tool for companies in crisis. It is worth mentioning that in recent months this has been the most popular and most frequently chosen solution among all types of restructuring proceedings. There are several reasons for this state of affairs. Unlike other types of proceedings, simplified restructuring It is mostly conducted out of court, and the debtor himself appoints a supervisor and signs an agreement with him(…)
on November 26, 2020. We invite you to read the full version:» Expert Opinion: Has the New Restructuring Procedure Actually Helped Companies?
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