General Remarks on Polish Bankruptcy Law

• Autorzy: Katarzyna Maćkowska
• Języki publikacji: EN

Abstrakty

EN

After Poland regained its independence in 1918, Polish bankruptcy law was based on provisions enacted by invaders what resulted in four different binding systems in various parts of Poland. A unitary bankruptcy law was introduced in 1934 in a form of presidential executive orders, the first regulating liquidation and the second one governing the procedure of reorganization. Both of these orders were modifi ed in 1990 and 1997 when a term of merchant was replaced by term of entrepreneur. As it is widely underlined, not only economic and legal aspects caused that a bankruptcy law has been updated. Also a linguistic level required enactment of a modern law. In 2003 a new law was enacted and it is still valid, however it was modified several times, including the last change dated on 31st of December, 2014. Th is act is entitled Th e Bankruptcy and Reorganization Law (further: the BRL). It consists of six parts: General rules relating to bankruptcy law and its eff ects, Cross borders proceedings, Separate bankruptcy proceedings, Reorganization for debtors who are in danger of insolvency, Criminal rules and finally Temporary rules. Generally it should be accentuated that Polish bankruptcy law embraces both the rules of law providing the basic substance of law and the rules of procedure describing how matters are to be handled in the courts, including the Civil Procedure Code. In addition two basic proceedings comprise liquidation and reorganization.(original abstract)

Słowa kluczowe

EN

Law; Bankruptcy; Enterprises; Closing down of business

PL

Prawo; Bankructwo; Przedsiębiorstwo; Likwidacja przedsiębiorstwa

• Czasopismo: Law and Administration in Post-Soviet Europe
• Rocznik: 2015
• Numer: vol. 2, iss. 1
• Strony: 17--25

Twórcy

autor

Katarzyna Maćkowska

• Katolicki Uniwersytet Lubelski Jana Pawła II w Lublinie, Polska

Bibliografia

• Adamska A., Złożenie wniosku o ogłoszenie upadłości jako narzędzie w walce o kontolę nad spółką publiczną, [in:] Upadłości, bankructwa i naprawa przedsiębiorstw. Wybrane zagadnienia, A. Adamska, E. Mączyńska (eds.), Warszawa 2012, p. 401-415 [Submitting an application for bankruptcy as a tool in the struggle for controlling the public company, [in:] Bankruptcy and repair companies.[Selected issues].
• Feliga P., Stanowisko prawne syndyka w procesie dotyczącym masy upadłości, Warszawa 2013 [The legal position of the trustee in the bankruptcy].
• Flaga-Gieruszyńska K., Prawo upadłościowe i naprawcze, Warszawa 2012 [Bankruptcy and Reorganization Law].
• Hrycaj A., Th e Bankruptcy Court and the Judge-Commissioner in Poland, www.insol-europe.org.
• Kupis P., Zaniewska K., Zbliżanie ustawodawstwa - dotychczasowe efekty i wyzwania, [in:] Procesy upadłościowe i naprawcze w Polsce na tle doświadczeń Unii Europejskiej, E. Mączyńska (ed.), Warszawa 2013, p. 181-200 [Approximation of legislation - the current eff ects and challenges, [in:] Bankruptcy and reorganization processes in Poland against the experience of the European Union].
• Modele postępowań upadłościowych w Polsce i wybranych krajach UE, S. Morawska (ed.), Warszawa 2011 [The models of bankruptcy proceedings in Poland and selected EU countries].
• Ptak-Chmielewska A., Statystyka procesów upadłościowych i naprawczych przedsiębiorstw w Polsce na tle krajów europejskich, [in:] Procesy upadłościowe i naprawcze w Polsce na tle doświadczeń Unii Europejskiej, E. Mączyńska (ed.), Warszawa 2013, p. 319-331. [Statistics of the repair and bankruptcy processes of enterprises in Poland comparing to other European countries [in:] Bankruptcy and reorganization processes in Poland against the experience of the European Union].
• The Bankruptcy and Reorganization Law, translated by M. Bińkowska, W. Jacyno, K. Romaniec, Warszawa 2004.