Tag: restructuring
News
Penteris Expands with New Team Members
We are delighted to announce that two new people have joined Penteris. Izabela Świstak is our new Senior Associate. Not only is she a fully qualified lawyer, but she is also a tax advisor and restructuring advisor with extensive experience working in law and consulting firms, where she focused on providing services to businesses operating …
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News
Publication
Second Chance for Second Chance Directive?
In 2019, the EU adopted the so-called Second Chance Directive on restructuring and insolvency. Member states were obliged to adopt and publish by 2021, but at Poland’s request, the deadline was extended by one year. Two years later, Poland is yet to implement the directive, although a number of its measures have already been partially …
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Publication
Restructuring Laws and Regulations in Poland – Penteris
1. Overview 1.1. What domestic pieces of legislation and international instruments apply to restructuring and insolvency matters in your jurisdiction? Polish insolvency and restructuring proceedings are primarily regulated by the Bankruptcy Law of February 28, 2003 (Bankruptcy Law) and the Restructuring Law of May 15, 2015 (Restructuring Law). While an autonomous legal act concerning the Restructuring Law was adopted …
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