{"id":6000,"date":"2024-02-19T16:37:00","date_gmt":"2024-02-19T15:37:00","guid":{"rendered":"https:\/\/pmrsa.pl\/?p=1158"},"modified":"2024-02-19T16:37:00","modified_gmt":"2024-02-19T15:37:00","slug":"can-companies-afford-bankruptcy","status":"publish","type":"post","link":"https:\/\/pmrsa.pl\/en\/can-companies-afford-bankruptcy\/","title":{"rendered":"Can companies afford bankruptcy?"},"content":{"rendered":"

Can companies afford bankruptcy? Bankruptcy only for companies with assets! What to do when a bankruptcy petition has been dismissed? <\/strong>\ud83d\ude27<\/strong><\/strong><\/p>\n\n\n\n

The year 2023 has shown that bankruptcy of the company is not<\/a> is for everyone. The number of dismissed bankruptcy applications is downright terrifying:<\/p>\n\n\n\n

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CSO data.<\/em><\/figcaption><\/figure>\n\n\n\n

\ud83d\udc49 \"The four plagues of Polish business\"<\/strong> the pandemic, the Polish Deal, the war in Ukraine and the avalanche of cost increases have caused that the situation of small and individual businesses is very difficult.<\/a> Most entities maintain negative assessments of the economic situation, and entrepreneurs are leaning towards pessimistic forecasts \ud83d\udcc9<\/p>\n\n\n\n

\ud83d\udc49From a study conducted by<\/strong> Dziennik Gazeta Prawna reports that over two-thirds of micro and one-person enterprises indicated the uncertainty of the general economic situation as the source of their biggest problems. More than half complain about employment costs, the high burden on the state budget and unclear, inconsistent and unstable legislation.<\/p>\n\n\n\n

\ud83d\udc49As a result, more and more entrepreneurs are choosing to suspend their business. <\/strong>The DGP report shows that we currently have a record number and a record percentage of companies in history<\/a> inactive \u2013 almost every seventh entrepreneur, and among micro entrepreneurs every sixth, has suspended its activity\u274c<\/p>\n\n\n\n

\ud83d\udc49Moreover, the absolute number of active JDGs<\/strong> remained at a similar level to the previous year, making it possible to speak of the biggest slowdown since the global financial crisis a decade ago \u2757<\/p>\n\n\n\n

These problems affect both small and large <\/strong>entrepreneurs and large companies.<\/a><\/p>\n\n\n\n

February 1, 2023 <\/strong>The District Court in Rzesz\u00f3w announced a bankruptcy decision<\/a> Rzesz\u00f3w Poultry Plant Res-Drob - informs portalspozywczy.pl. company problems<\/a> there are also hidden private problems of its employees who are waiting for their salaries.<\/p>\n\n\n\n

The nowiny24.pl portal reports that The company owes 267 people, while the debt already amounts to more than PLN 1.9 million. And it doesn't stop there either.<\/strong> "All Res-Drob employees have already received notice of termination of employment<\/a> and by the end of March they will say goodbye to the company. (\u2026) Another PLN 3 million will be needed to cover severance payments," says the trustee quoted by the portal. More information here.<\/a><\/p>\n\n\n\n

In January 2024, the economic departments Polish courts announced 30 company bankruptcies.<\/a><\/strong> As far as restructuring is concerned, these have started in 359 companies. It is only the beginning of the year and the scale is beginning to be frightening.<\/p>\n\n\n\n

In case of total number of company bankruptcies<\/a> amounted to 408 proceedings last year. <\/strong>It should be noted here that 611 bankruptcy petitions were dismissed. Of the bankruptcies declared, the largest percentage (over 67%) were limited liability companies, followed by individual businesses (12%).<\/p>\n\n\n\n

In such cases, it is important to, <\/strong>to consult the situation and do not submit applications<\/a> to declare bankruptcy when, firstly, we know that the company does not have the capacity to go bankrupt and, secondly, the possibilities of other actions to get out of the crisis have not been analyzed. The actions towards companies at risk of insolvency<\/a>, others towards insolvents.<\/p>\n\n\n\n

Attention should also be paid to the liability of representatives for liabilities and the legal regulation of indemnification.<\/p>\n\n\n\n

A thorough analysis of the crisis situation allows conclusions to be drawn and actions to be proposed.<\/strong><\/p>\n\n\n\n

Welcome to contact<\/a> \u2013 we perform the analyses free of charge, and it is the entrepreneur who ultimately, after being presented with the recommendation, makes the decision, the conscious decision.<\/p>","protected":false},"excerpt":{"rendered":"

Can companies afford bankruptcy? Bankruptcy is only for companies with assets! What to do when a bankruptcy petition is dismissed? \ud83d\ude27 The year 2023 has shown that bankruptcy isn't for everyone. The number of dismissed bankruptcy petitions is downright terrifying: \ud83d\udc49 The "Four Plagues of Polish Business"\u2014the pandemic, the Polish Deal, the war in Ukraine, and a surge in costs\u2014have left small and sole proprietorships in a very difficult situation. Most businesses remain negative, and entrepreneurs are leaning toward pessimistic forecasts. \ud83d\udcc9 \ud83d\udc49 A survey conducted by Dziennik Gazeta Prawna shows that over two-thirds of micro and sole proprietorships cited the uncertainty of the overall economic situation as the source of their biggest problems. More than half complain about employment costs, high state budget burdens, and unclear, inconsistent, and unstable legal regulations. \ud83d\udc49 As a result, more and more entrepreneurs are deciding to suspend their operations. The DGP report shows that we currently have a record number and a record percentage of inactive companies \u2013 almost one in seven entrepreneurs, and among micro-entrepreneurs, one in six, has suspended operations. Furthermore, the absolute number of active self-employed individuals (JDGs) remained at a similar level to the previous year, which allows us to speak of the largest slowdown since the global financial crisis a decade ago. These problems affect both small entrepreneurs and large companies. On February 1, 2023, the District Court in Rzesz\u00f3w announced the bankruptcy of Rzeszowskie Zak\u0142ady Drobiarskie Res-Drob, reports portalspozywczy.pl. The company's problems also hide the personal problems of its employees, who are waiting for their salaries. The portal nowiny24.pl reports that the company owes 267 people arrears, and this debt already exceeds PLN 1.9 million. And that's not all. "All Res-Drob employees have already received notices of termination and will leave the company by the end of March. (...) An additional PLN 3 million will be needed to cover severance pay," says the bankruptcy trustee quoted by the website. More information here. In January 2024, commercial divisions of Polish courts declared 30 company bankruptcies. As for restructurings, these began in 359 companies. This is only the beginning of the year, and the scale is becoming alarming. Last year, the total number of company bankruptcies reached 408. It's worth noting that 611 bankruptcy petitions were dismissed. Limited liability companies (LLCs) constituted the largest percentage of declared bankruptcies (over 67%), followed by individual sole proprietorships (12%). In such cases, it's important to consult the situation and not file bankruptcy petitions if, firstly, it's known that the company lacks bankruptcy capacity and, secondly, other options to overcome the crisis haven't been explored. Actions for companies at risk of insolvency will differ from those for insolvent ones. Attention should also be paid to the liability of representatives for liabilities and legal regulations regarding liability exemptions. A thorough analysis of the crisis situation allows us to draw conclusions and propose actions. Please contact us \u2013 we provide analyses free of charge, and it is the entrepreneur who ultimately makes the informed decision after receiving recommendations.<\/p>","protected":false},"author":13,"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":[31],"class_list":["post-6000","post","type-post","status-publish","format-standard","hentry","category-blog"],"authors":[{"term_id":31,"user_id":13,"is_guest":0,"slug":"m-anisimowiczpmr-restructuring-pl","display_name":"Ma\u0142gorzata Anisimowicz","avatar_url":{"url":"https:\/\/pmrsa.pl\/wp-content\/uploads\/2024\/10\/malgorzata-anisimowicz1-1.jpg","url2x":"https:\/\/pmrsa.pl\/wp-content\/uploads\/2024\/10\/malgorzata-anisimowicz1-1.jpg"},"0":null,"1":"","2":"","3":"","4":"","5":"","6":"","7":"","8":""}],"_links":{"self":[{"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/posts\/6000","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\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/comments?post=6000"}],"version-history":[{"count":0,"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/posts\/6000\/revisions"}],"wp:attachment":[{"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/media?parent=6000"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/categories?post=6000"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/tags?post=6000"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/ppma_author?post=6000"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}