RECOGNITION IN POLAND OF BANKRUPTCY OF A FOREIGN COMPANY
Автор: News from Poland – Business & Law
Загружено: 2024-08-09
Просмотров: 199
In this episode KONRAD GROTOWSKI, attorney-at-law, partner in charge of Wardyński & Partners Restructuring & Bankruptcy Practice (see: www.wardynski.com.pl), explains:
(i) what are the effects of a bankruptcy of a foreign company on the Polish assets of such company and on its Polish creditors,
(ii) what a recognition (e.g. in Poland) of a foreign bankruptcy is,
(iii) what the recognition is needed for and
(iv) what the recognition consists of.
00:00 Introduction
00:53 What is the recognition of foreign bankruptcy needed for?
01:53 Most common asset in Poland - shares in a Polish subsidiary
02:54 Two different recognition procedures
03:13 Insolvency judgments issued in other EU countries
06:06 Insolvency decisions issued in non-EU countries
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