Restructuring and insolvency in Poland

Allen & Overy, A. Pedzich sp. k.

The team at Allen & Overy, A. Pedzich sp. k. assists businesses, financial and public institutions with debt restructuring transactions, often from a cross-border angle. Counsel Bartosz Merczyński represents Samsung Electronics Polska as a creditor and member of the Creditors' Council of Action in remedial proceedings. He jointly leads the team with fellow counsel Tomasz Trocki.

Clifford Chance

Clifford Chance's team comprises the 'exceptional' Miłosz Gołąb, experienced litigator Bartosz Krużewski and Andrzej Stosio, who specialises in capital markets and banking issues. Together with Grzegorz Namiotkiewicz, Gołąb is advising a group of financial institutions, including PKO BP and ING Bank Śląski, as arrangers and guarantors of Jastrzębska Spółka Węglowa in a matter involving the restructuring of issued bonds.


Dentons represents a number of high-profile clients in bankruptcy-related disputes, as well as advising creditors and debtors on a range of issues. Department head Anna Pukszto, who excels in handling cross-border bankruptcies, distressed debt and asset acquisitions, is acting for Bank Zachodni WBK as creditors in the Dolnośląskie Surowce Skalne bankruptcy proceedings. Counsel Michał Steinhagen is another key name.

K&L Gates LLP

K&L Gates LLP handles the full spectrum of financial restructuring, insolvency and distressed investment matters. In one stand-out matter, Adrian Jonca is representing the insolvency administrator of Alpine Bau in a number of bankruptcy proceedings in connection with the construction of the National Stadium and A1 highway. In another highlight, Gregor Ordon advised Kontron Europe on the corporate restructuring of its Polish business. As of May 2019, the firm's Poland office has been taken over by DWF Poland Jamka Sp.k. Lech Giliciński joined Wolf Theiss in June 2019.

Greenberg Traurig Grzesiak sp. k.

Andrzej Wysokiński leads the department at Greenberg Traurig Grzesiak sp. k., which is composed of lawyers specialising in litigation, banking and finance, M&A and corporate law. In one matter of note, Aleksander Janiszewski and managing partner Jarosław Grzesiak advised Cyfrowy Polsat Group on a €2.9bn debt restructuring and amendments to its loan agreements with Polish and foreign financial institutions.


Linklaters handes a number of major cross-border restructuring transactions for corporates and financial institutions. Team head Jarosław Miller advised a consortium of banks, including Bank Pekao and RBS Bank on the restructuring of an investment credit facility extended to ISD Group. In another high-profile matter, he is assisting Celsa Huta Ostrowiec with the restructuring of its bank debt. Managing associates Marta Domino and Joanna Gawlicka are also key practitioners with extensive experience in advising banks.

Rymarz Zdort

Rymarz Zdort draws on its global presence to advise investors, debtors and creditors on matters including multi-national restructuring, the management of distressed companies and insolvency issues. The team is led by a counsel with 'deep market understandingMagdalena Pyzik, who, together with Paweł Rymarz, is advising PBG on the restructuring of PLN3bn pre-bankruptcy debt and the financial reorganisation of its capital group. Artur Zawadowski left the firm for Lesnodorski, Slusarek & Partners in October 2017.

Wardynski & Partners

Wardynski & Partners' team is, according to one client, 'a shining example of an experienced group of bankruptcy lawyers'. 'Responsive' and noted for his fluency in English, practice head Konrad Grotowski represented Flamant in insolvency proceedings and the subsequent liquidation of its subsidiary, International Deco Logistics. Senior associate Karol Czepukojć is recommended for his 'profound knowledge of procedural law'.

WKB Wiercinski, Kwiecinski, Baehr

WKB Wiercinski, Kwiecinski, Baehr's client roster comprises a number of major local and international clients, including international lenders, debtors and potential acquirers of distressed assets. In a key matter demonstrating the team's strength, Jakub Jedrzejak and department head Andrzej Wierciński acted as local counsel to Toys "R" Us as part of multi-jurisdictional insolvency proceedings and the client's subsequent liquidation filings.

Zimmerman i Wspólnicy Sp.K

Zimmerman i Wspólnicy Sp.K enters the ranking this year on the basis of its clear specialism in restructuring, insolvency and bankruptcy law. The group is led by managing partner and former insolvency judge Piotr Zimmerman, who participated in the creation of the 2016 Restructuring Act. Mateusz Medyński and Bartosz Sierakowski are also key contacts, alongside senior associate Agnieszka Stenzel.

CDZ Chajec, Don-Siemion & Partners

Highlights for Chajec, Don-Siemion & Zyto Legal AdvisorsAndrzej Chajec and Maciej Kotlicki included advising Capital Partners on a multi-stage equity restructuring of Ekoplast and its group companies. The team is often instructed in bankruptcy proceedings, representing creditors and debtors.

CMS Cameron McKenna Nabarro Olswang Posniak i Bejm sp.k.

At CMS, counsel Joanna Młot is representing the receiver in the Polish bankruptcy proceedings of McGregor Retail.

DLA Piper

DLA Piper's team is led by Mariusz Hyla, who also leads on project and finance issues. Jacek Giziński is advising Metro Properties on the rehabilitation proceedings of Praktiker Polska, one of the client's lessees. Krzysztof Kycia, who was promoted to co-managing partner in August 2018, is also recommended.

Domanski Zakrzewski Palinka

Domanski Zakrzewski Palinka combines insolvency and restructuring knowledge with expertise in tax law to provide clients with a full-service on a range of issues. Marcin Krakowiak and Anna Glapa advised Polska Grupa Górnicza on a major restructuring, including the transfer of selected mines to Spółka Restrukturyzacji Kopalń and the acquisition of Katowicki Holding Węglowy. Bartosz Marcinkowski and Marek Świątkowski are also key names.

FKA Furtek Komosa Aleksandrowicz

The team at FKA Furtek Komosa Aleksandrowicz predominantly represents banks and other financial institutions as creditors in insolvency proceedings and restructurings. Department head Leszek Rydzewski is representing KBC Bank as the senior secured lender in bankruptcy proceedings of an SPV established for a real estate project in Poland. He is also representing mBank in bankruptcy proceedings relating to its debtor, PHU Rent.

Gide Loyrette Nouel

Gide Loyrette Nouel handles bankruptcy proceedings and restructuring operations for companies with domestic and cross-border operations. Practice head Piotr Sadownik is advising the Polish road administration authority on a risk assessment relating to the potential impacts of a request to open bankruptcy proceedings by Portuguese company MSF Engenharia.

Lesnodorski, Slusarek & Partners

Lesnodorski, Slusarek & Partners's team was boosted by the arrival of Artur Zawadowski from Weil, Gotshal & Manges LLP in October 2017, who brings a wealth of experience in restructuring law. He is currently representing Hydrobudowa Polska in liquidation proceedings. Tomasz Pieczyk and team leader Władysław Bieńkowski are other key names.

PETERKA & PARTNERS Kancelaria Prawnicza sp.k

PETERKA & PARTNERS Kancelaria Prawnicza sp.k draws on its presence across the CEE region to advise regional clients on a wide range of restructuring and insolvency matters. With a background in dispute resolution, Michał Bieliński leads the team. Senior associate Michał Skrzypek is another contact of note.

Eversheds Sutherland Poland

Eversheds Sutherland Wierzbowski assists Polish and international corporate and governmental agencies with corporate and financial restructuring, in addition to bankruptcy matters. Key team members include of counsels Grzegorz Kott and Krzysztof Feluch. Rolls-Royce and the General Directorate for National Roads and Motorways are clients.