Majority of debt claims filed in restructuring proceedings are expressed in Polish zloty; yet, there are also some expressed in foreign currencies. If such is the case, how shall we proceed? If a debt claim is expressed in a foreign currency, the amount claimed needs…
Set-off is a procedural defence regulated by the Civil Code. A question, however, arises how the provisions of the Civil Code correlate with the provisions of the restructuring law. Firstly, it needs to be stated that there are no limitations to the debt claims set-off…
A debt claim acquired during restructuring proceedings will not automatically mean acquisition of the right to vote at creditors’ meetings. Such a voting right will depend on the manner of a debt claim acquisition. A debt claim can be acquired by way of singular succession,…
Debts of an entrepreneur, which have accrued prior to the opening of restructuring proceedings are commonly thought to be subject of restructuring. Basically, it is true, however, there are a number of exceptions. One of them are the employee social security contributions, which failed to…