We invite you to follow the “Insolvency News”.

Here you will find information on current legislative work in Poland and the most interesting judgments of the Supreme Court and common courts, as well as comments by members of the Institute on important economic events, the background of which is the issue of corporate insolvency.

"Insolvency News" is edited by our expert, Bartosz Sierakowski (Qualified Insolvency Practitioner). 

European Insolvency Proceedings Commentary on Regulation (EU) 2015/848 of the European Parliament and of the Council of 20 May 2015 on Insolvency Proceedings (Recast)

| IPUiR - Insolvency News

We are excited to announce a new book 'European Insolvency Proceedings Commentary on Regulation (EU) 2015/848 of the European Parliament and of the Council of 20 May 2015 on Insolvency Proceedings (Recast)’, edited by Anna Hrycaj & Patryk Filipiak

The principles of liquidation of bankruptcy estate in consumer bankruptcy

| IPUiR - Insolvency News

In order to unificate and facilitate the course of bankruptcy proceedings, we present below the principles for procedures in liquidation of the bankruptcy estate pursuant to art 491 (11a) of the Bankruptcy Law. The principles have been formulated with emphasis put on the creditors’ right to bring an action and lay complaints.

The trustee’s files and the court files in consumer bankruptcy proceedings

| IPUiR - Insolvency News

After amendments of provisions concerning consumer bankruptcy many judges and trustees are in doubt about which documents should remain in the trustee’s files and which are to be referred to the court. Therefore, below, we present guidelines which were prepared together with bankruptcy judges, regarding keeping the trustee’s files and the reduction in the number of documents referred to the court.

Will the simplified restructuring proceedings stay in Polish legislation for good? The draft act is ready.

| IPUiR - Insolvency News

The analysis of the Court and Business Gazette (Monitor Sądowy i Gospodarczy) leads to a conclusion that for the last half-year the entities struggling with insolvency have usually been using the so-called simplified restructuring proceedings. Do such proceedings, however, stand any chance to become a fixed part of the restructuring process?