Restructuring: quick therapy for companies – commentary by attorney Wojciech Bokina in Gazeta Bankowa
9 July 2025 • Autor: Kancelaria Brysiewicz Bokina i Wspólnicy
Undoubtedly, the simplified restructuring procedure is a step towards speeding up the duration of judicial restructuring. By design, it cannot last longer than 4 months and the role of the court has been reduced to a minimum. Whether this will be a successful solution will be shown by practice,” comments Wojciech Bokina, attorney at law, in the pages of Gazeta Bankowa.
According to our expert, the main wave of bankruptcies and restructurings from the third and fourth quarters of this year is being postponed to the first quarter of 2021 due to government programs. There may be another wave of coronavirus and another lockdown, which could deepen and accelerate the wave of restructuring and bankruptcy applications – warns attorney Bokina. Some proceedings are being deliberately prolonged by certain debtors who are justifiably waiting for an investor or other event that, in their opinion, will protect the entrepreneur from bankruptcy.
The article “Quick Therapy for Companies” is available in the September issue of Banking Gazette – issue no. 9/2020 (1233)
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