As reported by the National Council of Bailiffs, the bailiff e-auction portal will be launched at the beginning of next year. The work has just entered the final phase of tests to check advanced verification functions and security of sensitive data. The portal will radically increase the availability of auctions, which is to translate into benefits for both creditors recovering receivables and debtors. The e-auction system works great in many European Union countries, e.g. Hungary or Poland's neighboring...

A new portal will be launched soon, where e-bailiff auctions will be available. According to forecasts, this may help to satisfy creditors more often from part of the debtors' assets. The final stage of work on electronic bailiff auctions is underway. On the future portal, tests are being conducted, among other things, of the verification function and the protection of sensitive data. According to the forecasts of the National Council of Bailiffs (KRK), conducting e-auctions should be possible from the beginning of next year. The Council forecasts that the portal, increasing...

On 11 October, the EU member states' justice ministers adopted a position on the directive on business insolvency within the Council of the European Union. The directive provides a lot of freedom in applying national regulations, but imposes several common conditions: a model restructuring plan for companies will be created, the liability of management for bankruptcy will be increased, and the period of protection against enforcement will be limited to a maximum of 4 months. The member states' justice ministers...

The EU member states' justice ministers, within the Council of the European Union, recently adopted a position on the directive on the bankruptcy of enterprises. According to Małgorzata Anisimowicz, president of PMR Restrukturyzacje, the new changes are heading in a positive direction. In their joint position, the ministers within the EU Council agreed that national regulations should have decisive force, and that common regulations should cover only a few elements of proceedings. This primarily concerns: the possibility of staying enforcement at the stage of proceedings...

According to Euler Hermes experts, the number of bankruptcies in the transport sector increased by 29 percent in 2018 compared to the previous year. Two large European carriers are calling for an average 6 percent increase in service prices. This is to be a response to rising fuel costs, traffic jams, payment backlogs and problems with finding workers. The transport industry in Poland is experiencing a serious crisis, as shown by data available in the Economic and Court Monitors. Since the beginning of the year...

The Upper Silesian-Zagłębie Metropolis has once again announced a tender for electricity supplies. In the first one, the offers turned out to be too expensive. At the beginning of October, a tender for electricity supplies for a purchasing group associating over 307 entities (municipalities, institutions subordinate to them, and companies) was canceled in Silesia. The suppliers' offers exceeded the budget. Local governments decided to take a second approach. - The Metropolis has announced a new tender for the joint purchase of electricity. Due to the significant increase in electricity prices...

Are we facing a wave of bankruptcies caused by the huge increases in electricity prices for companies? Which companies are at the greatest risk? Market experts estimate that wholesale electricity prices, i.e. directly for companies, will increase by 70 percent (year-on-year) at the beginning of next year. The effects of such drastic increases will affect not only large companies that supply or consume large amounts of electricity, but also all companies that have signed long-term contracts for the supply of products...

Are we in for a wave of bankruptcies caused by huge increases in electricity prices for companies? Market experts estimate that wholesale electricity prices, i.e. directly for companies, will increase by 70 percent (year-on-year) at the beginning of next year. The effects of such drastic increases will affect not only large companies supplying or consuming large amounts of electricity, but also all companies that have signed long-term contracts for the supply of products and services with a price guarantee. Specialists...

The number of bankruptcies in the transport industry is growing – experts from the insurance company Euler Hermes warn. The heads of the West Pomeranian Road Carriers Association see a threat to the industry, although they are toning down their concerns. Two large European companies are calling for an average 6 percent increase in transport prices. This is to be a response to rising fuel costs, traffic jams and payment backlogs, as well as problems with finding people willing to work. Another problem for Polish carriers is the regulations...

The number of bankruptcies in the transport sector in 2018 is up by 29% compared to last year – as calculated by Euler Hermes experts. In the meantime, two large European transport companies are already calling for an increase in service prices by an average of 6%. This is to be a response to rising fuel costs, traffic jams, payment backlogs and problems with finding people willing to work. According to data available in the Economic and Court Monitors, 580 companies went bankrupt in Poland from the beginning of the year to the end of July. The most...