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New provisions to the Code of Civil Procedure are intended to facilitate the recovery of creditor claims and to strengthen the protection of creditors after judgement validation.

Continuing with an examination of insolvency regulations in Poland, one could ask a tricky question: it is obvious that an entity will be deemed insolvent if it fails to satisfy (discharge) its due and payable obligations, but could an entity that does perform its obligations duly and in a timely manner be deemed insolvent as well?

On 31 March 2009, a new concept of consumer bankruptcy will be introduced, making it possible for individual debtors who are not engaged in business activities to be declared bankrupt.

Changes to insolvency laws have been signed by the President and will come into force 30 days after publication.

For decades, JSW has been a symbol of industrial strength and the backbone of the European coal market. As the largest producer of coking coal in the EU...

In a recent judgment, the Polish Supreme Court resolved an important question concerning the rights of a creditor to bring legal proceedings after the initiation of bankruptcy proceedings by a debtor.

Most entrepreneurs deal with a company in financial difficulties at some point of their business activity.

As we enter Q2 2025 and in a bid to understand the complexities of a changing environment, Bartosz Jankowski (New Tech, Cybersecurity, Dispute Resolution) takes a look back at what shaped the business world in the past few...

Developers initially claimed that the government's concerns about the market were misplaced and its pro-consumer approach would negatively influence their business.

Previously, the bankruptcy of a company seated in Poland was exclusively a matter of meeting the relevant criteria and following the procedural rules provided in the domestic insolvency law.

The newly introduced laws let members of companies' management boards avoid liability for the company's debts in situations in which they would have faced unlimited liability with all their assets.

The year 2020 will no doubt be remembered for COVID-19.

According to article 11 of Poland’s Bankruptcy and reorganisation law as of 28 February 2003 (Journal of laws 2009, No. 175, position 1361, as amended), a debtor who is a legal person (including, in particular, a limited liability company) is considered to be insolvent when the value of its liabilities exceeds the value of its assets, even if the debtor continues to pay its liabilities (balance sheet insolvency).

From structuring your business to dealing with taxes, labour and making the most of available incentives.

When a company is in distress, the most certain way to get financing required to avoid its bankruptcy is to ask its shareholders.

Poland's parliament recently adopted a new restructuring law (the "Bill") which will substantially change the country's economic environment.