Scope of cognition of the bankruptcy court’s approval of the arrangement in bankruptcy proceedings Cover Image

Zakres kognicji sądu upadłościowego w przedmiocie zatwierdzenia układu w postępowaniu upadłościowym
Scope of cognition of the bankruptcy court’s approval of the arrangement in bankruptcy proceedings

Author(s): Michał Kuźnik
Subject(s): Economy
Published by: Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
Keywords: bankruptcy; arrangement; bankruptcy proceedings; bankruptcy court

Summary/Abstract: Bankruptcy and rehabilitation law act having repealed regulation introduced by two orders dating back to 1934, has altered a lot of legal institutions, particularly an arrangement concluded between a bankrupt and their creditors. Contrary to the former law the insolvency agreement ceased to be a homogeneous institution. Nevertheless, many principles remained immutable. The arrangement still requires court’s approval to be legally effective, though the catalogue of conditions which oblige the court to set aside the arrangement has been slightly altered. The author of the article presents an analysis of conditions which lead to court’s refusal when the approval of arrangement is considered.

  • Issue Year: 2014
  • Issue No: 362
  • Page Range: 227-239
  • Page Count: 13
  • Language: Polish