Open AccessOdpowiedzialność Skarbu Państwa wobec akcjonariuszy (udziałowców) upadłego za szkodę wyrządzoną przez sąd upadłościowy poprzez niesłuszne orzeczenie o upadłości
Author(s) -
Rafał Adamus
Publication year - 2021
Publication title -
acta iuridica resoviensia
Language(s) - English
Resource type - Journals
ISSN - 2720-0574
DOI - 10.15584/actaires.2021.1.1
Subject(s) - bankruptcy , debtor , restructuring , damages , insolvency , treasury , business , law , liability , statutory law , law and economics , finance , creditor , political science , economics , debt
This study addresses the issues related to the State Treasury’s liability for damages towards the debtor’s shareholders due to an erroneous decision on the bankruptcy option instead of the restructuring option. The proceedings are initiated at the request of the entitled person. The court decides about opening the proceedings. In practice, there may be a situation in which competing applications are submitted, either aimed at liquidating the debtor’s assets or at its restructuring. The study refers to two legal states: the legal state in force in 2003–2015 and the legal state in force since 2016. The study analyzes the statutory criteria for resolving the conflict between the liquidation and restructuring option, and the premises of the State Treasury’s liability for damages. In the event of such a conflict, the insolvency law gives priority to restructuring over liquidation.