Article preview
Outline of Anti-COVID-19 Crisis Measures in Poland
Karol Czepukojć, Attorney-at-Law, licensed Restructuring Adviser, Wardyński & Partners, Warsaw, PolandSynopsis
This article discusses selected elements of the most important anti-crisis measures introduced by the Polish Government, in the view of the author, in response to the COVID-19 epidemic relating to the protection of jobs and maintaining of financial liquidity of Polish firms. Moreover, the article provides information on new regulations concerning court restructuring and bankruptcy aimed at granting priority to these procedures in the Polish justice system during the epidemiological crisis, as well as on relief of debtors insolvent due to COVID-19 or their representatives from liability for late filing or non-filing of bankruptcy applications during a state of epidemiological threat or COVID-19 epidemic. At the same time the author points out that Polish anti-crisis legislation provides considerably more instruments of assistance than those cited in the article and that legislative work continues on further measures. The parameters of the article nevertheless restrict their discussion.
Copyright 2006 Chase Cambria Company (Publishing) Limited. All rights reserved.