
Enterprise restructuring - An effective solution or apparent institution? Analysis of contemporary legal regulations
Author(s) -
Brygida Wądołowska,
Wojciech Zaborowski
Publication year - 2021
Publication title -
humanities and social sciences reviews
Language(s) - English
Resource type - Journals
ISSN - 2395-6518
DOI - 10.18510/hssr.2021.955
Subject(s) - restructuring , institution , statutory law , insolvency , process (computing) , business , accounting , political science , law , finance , computer science , operating system
This article aims to provide a detailed discussion of the restructuring process and to indicate whether the said institution is achieving its statutory objectives. Four restructuring proceedings have been presented in the study that the entity undergoing restructuring may benefit from.
It is worth noting that the study included restructuring goals, differences between individual restructuring processes and the most important statutory definitions such as insolvency and restructuring capacity were described.
Considering the above, the article indicates the most important legal aspects of the discussed institution and problems related to the discussed issue.