{"id":6069,"date":"2024-08-05T10:56:04","date_gmt":"2024-08-05T08:56:04","guid":{"rendered":"https:\/\/pmrsa.pl\/?p=2752"},"modified":"2025-04-02T12:27:07","modified_gmt":"2025-04-02T12:27:07","slug":"what-is-restructuring","status":"publish","type":"post","link":"https:\/\/pmrsa.pl\/en\/what-is-restructuring\/","title":{"rendered":"What is restructuring?"},"content":{"rendered":"<p class=\"wp-block-paragraph\"><strong>Restructuring is a process of change in a company that may involve one or more spheres of its activity,<\/strong> such as organisational, financial or operational conducted in order to improve its functioning, increase its efficiency and adapt to changing market conditions. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Since 2016, the restructuring process has been structured through the Restructuring Law,<\/strong> which implemented into Polish law four types of restructuring proceedings directed at companies at risk of insolvency or insolvent companies, the aim of which is to avoid the declaration of bankruptcy of the debtor by enabling them to restructure through an arrangement with their creditors, and to carry out corrective measures, while safeguarding the legitimate rights of creditors.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h4 class=\"wp-block-heading has-text-align-center\">A few words about the article - Listen<audio src=\"https:\/\/pmrsa.pl\/wp-content\/uploads\/2025\/03\/Ogloszenie-upadlosci-%E2%80%93-co-jak-i-kiedy-zrobic.mp3\"><\/audio><\/h4>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<figure class=\"wp-block-audio\"><audio controls src=\"https:\/\/pmrsa.pl\/wp-content\/uploads\/2024\/08\/Co-to-jest-restrukturyzacja.mp3\"><\/audio><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Restructuring can be carried out under:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>proceedings to approve the arrangement,<\/li>\n\n\n\n<li>accelerated <a href=\"https:\/\/pmrsa.pl\/en\/leases-in-restructuring-proceedings-problem-or-source-of-settlement-financing\/\" title=\"\">proceedings<\/a> systemic,<\/li>\n\n\n\n<li>arrangement proceedings,<\/li>\n\n\n\n<li><a href=\"https:\/\/pmrsa.pl\/en\/change-of-administrator-in-the-restructuring-proceedings-of-dayli-polska-sp-zoo\/\" title=\"\">sanitation proceedings<\/a>.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>The choice of procedure depends on<\/strong> on the existing receivables structure and their desired scope <a href=\"https:\/\/pmrsa.pl\/en\/when-to-restructure-and-when-to-file-for-bankruptcy\/\" data-wpil-monitor-id=\"1327\">restructuring<\/a>, the size of the company, as well as the complexity of the necessary corrective actions and the time required to implement them. Some proceedings may only include <a href=\"https:\/\/pmrsa.pl\/en\/financial-assistance-for-companies-undergoing-restructuring\/\" title=\"\">financial restructuring<\/a>, while others may also involve operational changes such as optimising the management structure or reducing staff.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/pmrsa.pl\/en\/the-fourth-wave-of-covid-19-and-the-wave-of-company-restructuring\/\" data-wpil-monitor-id=\"811\"><strong>Restructuring of operations under the procedures introduced by the Act<\/strong> allows you to take over the company<\/a> pre-enforcement protection, securing key contracts, suspension of payment of liabilities, or support of a qualified restructuring advisor, which makes the entire process more effective and safer both from the point of view of the restructured entrepreneur and the protection of the interests of creditors.<\/p>","protected":false},"excerpt":{"rendered":"<p>Restructuring is a process of change within a company, which may encompass one or more areas of its operations, including organizational, financial, or operational, aimed at improving its operations, increasing efficiency, and adapting to changing market conditions. Since 2016, the restructuring process has been structured by the Restructuring Law, which implemented four types of restructuring proceedings into Polish law, addressed to companies at risk of insolvency or already insolvent. The aim is to avoid the debtor declaring bankruptcy by enabling them to restructure through an arrangement with creditors, as well as to implement remedial measures while safeguarding the legitimate rights of creditors. A few words about the article - Listen. Restructuring can be conducted within: The selection of the type of procedure depends on the debt structure and the desired scope of restructuring, the size of the company, the complexity of the necessary remedial measures, and the time required to implement them. Some proceedings may involve only financial restructuring, while others may also include operational changes, such as optimizing the management structure or reducing employment. Business restructuring within the framework of the procedures introduced by the Act enables the company to be covered by pre-enforcement protection, securing key contracts, suspending payment of liabilities, and receiving support from a qualified restructuring advisor, which makes the entire process more effective and secure both from the point of view of the entrepreneur undergoing restructuring and protecting the interests of creditors.<\/p>","protected":false},"author":12,"featured_media":0,"comment_status":"closed","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":[18],"tags":[],"ppma_author":[30],"class_list":["post-6069","post","type-post","status-publish","format-standard","hentry","category-restrukturyzacja-firmy"],"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\/6069","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=6069"}],"version-history":[{"count":0,"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/posts\/6069\/revisions"}],"wp:attachment":[{"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/media?parent=6069"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/categories?post=6069"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/tags?post=6069"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/ppma_author?post=6069"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}