Prawo restrukturyzacyjne z perspektywy przedsiębiorcy w kryzysie finansowym

Authors:

• Patryk Filipiak

Abstract

The purpose of this article is to briefly present a new Law on Restructuring of 15th of May, 2015 and some particular amendments to the Law on Bankruptcy and Reorganizational of 28th of February, 2003. New regulations will come into force as of 1st of January, 2016. Firstly, the arguments in favor of the division between reorganizational and bankruptcy proceedings have been presented. This is a starting point for the success of the new act. Further, Author presents the new definition of insolvency, types of restructuring proceedings and changes which may fasten the procedure. The next part draws attention to the new rules for dealing with the secured creditors. Lastly, the information on new sources of post-commencement financing and a strong need for fundamental changes in the insolvent company has been shown.