Corporate restructuring

Wynimko Law Firm in Białystok provides comprehensive legal assistance to business owners. Among other things, we provide substantive support in the process of corporate restructuring. Our offer is addressed to entities that face various types of problems, including financial ones - as the title procedure is an alternative to declaring bankruptcy and, moreover, gives the opportunity to continue operating.

It can be a lifeline for a company at risk of bankruptcy. In the case of loss of financial liquidity, it is worth using the proposal of our law firm - we provide professional legal advice at each stage of the described process. Individuals, legal entities and organisational units conducting both business and professional activity may decide to do so - among others:

This procedure is therefore not exclusively reserved for those engaged in manufacturing, trading or service activities.

There are statutory prerequisites - positive and negative - to initiate the process described above. The positive ones indicate insolvency. In this respect, we distinguish the premise:

In the case of negative grounds, it is necessary to demonstrate that creditors will not be disadvantaged by the restructuring (the fact that an alternative solution of declaring bankruptcy exists is relevant here). If this is not the case, the court will not accept the application; it will make a similar decision if the entrepreneur fails to prove that he or she will be able to bear the costs of the proceedings and pay off existing liabilities.

Thus, the company must have a certain potential to prevent bankruptcy. We are talking about all the measures taken to ensure that the conditions are in place for the business to continue to operate and to emerge from debt once the factors that previously led to financial problems have been removed.

A regular offering of our law firm is the drafting of contracts, statutes, bylaws and other important documents inseparable from the conduct of business activities. In the case of business restructuring, a key function is the application to court and the assessment of the chances of initiating proceedings. The documentation is prepared by an experienced lawyer specialising in tax law. He will indicate the most favourable solutions - as there are 4 types of proceedings:

The lawyer can also provide advice and substantive explanations on problematic issues. In order to benefit from professional assistance, we invite you to a consultation at our law office in Bialystok.