{"id":286,"date":"2015-08-30T23:00:00","date_gmt":"2015-08-30T21:00:00","guid":{"rendered":"http:\/\/pmr-restrukturyzacje.local\/pmr\/upadlosc-atlantica-komentarz-eksperta\/"},"modified":"2025-01-25T16:56:18","modified_gmt":"2025-01-25T16:56:18","slug":"atlantica-bankruptcy-expert-commentary","status":"publish","type":"post","link":"https:\/\/pmrsa.pl\/en\/atlantica-bankruptcy-expert-commentary\/","title":{"rendered":"Atlantica bankruptcy - expert comment"},"content":{"rendered":"

Atlantic, like other liquidated companies, could have avoided bankruptcy. The opportunity lies in restructuring and a professional recovery plan, moreover presented at the first symptoms of the crisis and not in its last phase.<\/p>\n

In the case of Atlantica, the Bankruptcy Court did not give credence to the restructuring architecture presented. Thus, the economic aspect and the lack of a credible recovery plan failed.<\/p>\n

Effective application restructuring requires an in-depth audit of the company<\/a> and its condition. The recovery plan made on this basis must identify critical points and problematic risk zones, so that in addition to the company's recovery path, it protects it from next crises<\/a>. Most importantly, the plan should be formulated and submitted as early as possible, when there is a real chance of court protection of the restructuring.<\/p>\n

Atlantic's case is not lost. In progress bankruptcy<\/a> you can change the option from liquidation to arrangement. The trustee will also attempt to sell the company as a whole - so there is a chance that only the company will be liquidated.<\/p>\n

New The Restructuring Law introduces the primacy of restructuring over bankruptcy<\/a>, therefore it is a chance for companies in a similar situation. The act provides for a partial arrangement, so Atlantic could propose an arrangement only with those creditors with whom it has reached an agreement. This would solve the problem, among others, with employees. The restructuring procedure would allow for a deep restructuring<\/a>, and prepack (i.e. prepared liquidation) would provide an opportunity to sell the entire enterprise.<\/p>\n

The material appeared on the website:
\n<\/b>
\n31 August 2015:
\n\" Expert on Atlantic's bankruptcy: Poland's liquidation culture won out<\/a><\/div>","protected":false},"excerpt":{"rendered":"

Firma Atlantic, jak i inne likwidowane sp\u00f3\u0142ki mog\u0142a unikn\u0105\u0107 upad\u0142o\u015bci. Szans\u0105 jest restrukturyzacja i profesjonalny plan naprawczy, w dodatku przedstawiony w sytuacji pierwszych symptom\u00f3w kryzysu, a nie w jego ostatniej fazie. W przypadku Atlantica S\u0105d Upad\u0142o\u015bciowy nie da\u0142 wiary przedstawianej architekturze restrukturyzacyjnej. Zatem zawi\u00f3d\u0142 aspekt ekonomiczny i brak wiarygodnego planu naprawczego. Skuteczny wniosek restrukturyzacyjny wymaga pog\u0142\u0119bionego audytu firmy i jej kondycji. Wykonany na tej podstawie plan naprawczy musi okre\u015bla\u0107 krytyczne punkty i problematyczne strefy ryzyk, aby opr\u00f3cz \u015bcie\u017cki naprawy firmy, chroni\u0142 j\u0105 przed kolejnymi kryzysami. Co najwa\u017cniejsze \u2013 plan nale\u017cy formu\u0142owa\u0107 i sk\u0142ada\u0107 mo\u017cliwie wcze\u015bnie, kiedy istnieje realna szansa na s\u0105dow\u0105 ochron\u0119 restrukturyzacji. Sprawa Atlantica nie jest stracona. W toku upad\u0142o\u015bci mo\u017cna zmieni\u0107 opcj\u0119 z likwidacyjnej na uk\u0142adow\u0105. Syndyk b\u0119dzie podejmowa\u0142 te\u017c pr\u00f3by sprzeda\u017cy przedsi\u0119biorstwa w ca\u0142o\u015bci-s\u0105 wi\u0119c szanse, \u017ce likwidacji ulegnie tylko sp\u00f3\u0142ka. Nowa Ustawa Prawo Restrukturyzacyjne wprowadza prymat restrukturyzacji nad upad\u0142o\u015bci\u0105, dlatego jest szans\u0105 dla firm w podobnej sytuacji. Ustawa przewiduje uk\u0142ad cz\u0119\u015bciowy, a wi\u0119c Atlantic m\u00f3g\u0142by zaproponowa\u0107 uk\u0142ad jedynie z tymi wierzycielami, z kt\u00f3rymi si\u0119 porozumia\u0142. Rozwi\u0105za\u0142oby to problem m.in. z pracownikami. Post\u0119powanie sanacyjne pozwoli\u0142oby na g\u0142\u0119bok\u0105 restrukturyzacj\u0119, a prepack (czyli przygotowana likwidacja) da\u0142by szans\u0119 na sprzeda\u017c w ca\u0142o\u015bci przedsi\u0119biorstwa. Materia\u0142 ukaza\u0142 si\u0119 w serwisie: dnia 31 sierpnia 2015: \u00bb Ekspert o upad\u0142o\u015bci firmy Atlantic: Wygra\u0142a polska kultura likwidacji<\/p>","protected":false},"author":12,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[19],"tags":[],"ppma_author":[30],"class_list":["post-286","post","type-post","status-publish","format-standard","hentry","category-blog"],"authors":[{"term_id":30,"user_id":12,"is_guest":0,"slug":"teampmr-restructuring-pl","display_name":"Zesp\u00f3\u0142 PMR","avatar_url":{"url":"https:\/\/pmrsa.pl\/wp-content\/uploads\/2024\/10\/logo2-e1729926426335.png","url2x":"https:\/\/pmrsa.pl\/wp-content\/uploads\/2024\/10\/logo2-e1729926426335.png"},"0":null,"1":"","2":"","3":"","4":"","5":"","6":"","7":"","8":""}],"_links":{"self":[{"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/posts\/286","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/comments?post=286"}],"version-history":[{"count":0,"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/posts\/286\/revisions"}],"wp:attachment":[{"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/media?parent=286"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/categories?post=286"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/tags?post=286"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/ppma_author?post=286"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}