The number of insolvent enterprises in the economy down

In the first 9 months of this year, in Poland, the number of corporate insolvencies grew rapidly by 131 percent. Most of the growth in proceedings is due to the new, relatively quick-to-conduct proceedings. They are not approved by courts – the debtor only makes an entry in the Court and Economic Monitor, and then within 4 months, he must conduct such a procedure. When such a procedure was introduced in June 2020, companies were quite reluctant to approach the new solution.