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New restructuring law to strengthen second-chance policy for indebted companies

15:43

New restructuring law to strengthen second-chance policy for indebted companies
Bartosz SIerakowski, source: Newseria

In 2024 – with Poland's implementation of the EU's Second Chance Directive – further changes to the restructuring law will come into force.

"It will not be a revolution in our system, but it will emphasize the second-chance policy for companies in a difficult economic situation," Bartosz Sierakowski, legal advisor and restructuring advisor from the law firm Zimmerman Sierakowski and Partners, assessed.

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