Amendments to the Insolvency Act, which were adopted by the National Assembly on 31 March 2016, will come into force on 26 April 2016.

Corporate management teams around the globe are working hard to find the best response to the unprecedented challenges posed by the COVID-19 pandemic.

The economic crisis presents a real-life test for the Slovenian insolvency legislation, unequalled in its young history. Numerous insolvency proceedings against Slovene companies have revealed several serious flaws of the Insolvency Act and forced the legislator into continuous amendments.

The long-awaited amendment "H" of the Slovenian Financial Operations, Insolvency Proceedings and Compulsory Act (the "Act") entered into force on 1 November 2023.

In the course of public consultations, there have been notable criticisms to the proposed changes.

This article appeared in the 2012 edition of The International Comparative Legal Guide to: Corporate Recovery & Insolvency; published by Global Legal Group Ltd , London.