In addition, we provide corporate and commercial advice and handle commercial law issues in connection with completed restructuring and insolvency projects. “Konieczny Wierzbicki Kancelaria Radców Prawnych offers professional legal advice. In its activities, it is guided by the agile approach, which ensures a rapid reaction to changing framework conditions. Zimmerman Sierakowski and Partners is a restructuring and insolvency firm led by founder, managing partner and former bankruptcy judge Piotr Zimmerman. He knows “insolvency and restructuring law inside out”. The practice is particularly known for the treatment of restructurings, insolvencies, insolvencies for debtor clients. Bartosz Sierakowski and Norbert Frosztęga both specialise in insolvency and restructuring law as well as civil proceedings. “The quality of Greenberg`s partners and employees, their knowledge of the local market in a rapidly changing legal environment are reasons to treat them as a unique company. Due to their knowledge, they are involved in almost all transactions on the Polish capital market. They were ready to work without delay under the Covid regime.

They used new technologies and allowed them to help customers in difficult times. Under Polish law, a debtor who has lost the capacity to meet his outstanding financial debts is insolvent. A debtor that is a legal person or organisational unit without legal personality which acquires legal capacity through a separate act may also be considered insolvent if its financial obligations exceed the value of its assets, with the exception of contingent and future obligations and those arising from loans granted by its shareholders; And this state of affairs persists over a period of more than twenty-four months. Deloitte Legal, Ostrowski, Gizicki i Wspólnicy sp.k. deals with restructuring, out-of-court financial procedures and matters of judicial restructuring and insolvency as well as liquidations and liquidations of companies. Clients include troubled companies, potential buyers, shareholders, directors, creditors and insolvency practitioners. Agnieszka Ziółek leads the team and advises financial institutions. In November 2020, Tomasz Ostrowski, Aneta Urban and Nicholas Coddington joined the law firm White & Case M. Studniarek i Wspólnicy – Kancelaria Prawna sp.k.

Patrycja Bolimowska, Senior Partner, and Paweł Skura, Senior Partner, are also worth mentioning. “They`re particularly good at explaining the legal context and putting things in context. Very professional and reliable. “Mr. Maciej Gawroński is an excellent and experienced lawyer, an eminent expert and a very good practitioner in the field of personal data protection in Poland and abroad. It is an authority dealing with the processing of personal data in the cloud (cloud computing), cybersecurity, IT and intellectual property, whose importance is appreciated by national and international legal rankings, which rank it among the leading legal specialists in these fields. Under Polish law, there is no regulation of direct compensation for past actions and decisions of directors or stakeholders. Filing of the insolvency application, commencement of restructuring proceedings or approval of the composition as part of the composition approval procedure – within 30 days of the grounds for the declaration of insolvency arising – exemption of members of the board of directors (or other persons required by law) from liability for the obligations of the bankrupt debtor. “We would like to recommend their work as they offer excellent value for money.

They are knowledgeable, dedicated and always deliver on time. Their advantage lies in their ability to clearly present the available options, taking into account both legal and commercial aspects. Last but not least, we would like to acknowledge their exceptional attention to detail. The most important legal obligation of the members of the board of directors concerns the timely filing of the insolvency application. Otherwise, liability to creditors may arise – directly from the assets of board members. “The team provides the highest level of legal services in the field of financial instruments and provides legal services for investment transactions in which we are a public investor. The knowledge of the team is at the highest level, total professionalism and orientation to the needs and conditions of the client`s activity. “Fast processing of requests and flexibility for urgent matters.