Until 22 May 2021, companies in imminent insolvency may initiate reorganization proceedings at the Metropolitan Court. The government decree, which entered into force on 17 April 2021, temporarily provides a completely new procedural option to help companies in financial difficulties, which is very similar to the already known bankruptcy procedure, but there are some important differences. The most important information is presented by the experts of the KRS Law Office in their comprehensive article.

new_reorganization_procedure_during_the_emergency.pdf