Glossary entry (derived from question below)
Polish term or phrase:
postępowanie sanacyjne
English translation:
remedial proceedings
Added to glossary by
bARBARA Marszalek
Feb 18, 2022 18:40
2 yrs ago
24 viewers *
Polish term
postępowanie sanacyjne
Polish to English
Law/Patents
Law (general)
upadłość
podobno jeszcze przed restrukturyzacyjnym
Proposed translations
(English)
2 +1 | remedial proceedings | Frank Szmulowicz, Ph. D. |
5 | restructuring proceedings | Kamila Ołtarzewska |
3 | rehabilitation proceedings | Andrzej Ziomek |
Proposed translations
+1
10 mins
Selected
remedial proceedings
Remedial (“sanation”) proceedings
Involves complex reorganization under the strict
supervision of the court, allows restructuring tools
like conversion of debt to equity or the sale of the
debtor’s assets.
Ordinary administration by
debtor may be permitted with
the court’s consent.
The Restructuring Law also provides for certain hardening
periods which apply in the case of the opening of remedial
(sanation) proceedings
https://www.clearygottlieb.com/~/media/organize-archive/cgsh...
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Note added at 11 mins (2022-02-18 18:51:35 GMT)
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Remedial proceedings
The remedial proceedings is the type of restructuring proceedings, which are regulated in Act of 15 May 2015 – Restructuring Law. This type of procedure allows protecting interests of both creditors and debtor. The creditors are able to collect their receivables, while the debtor is allowed to conduct its business activity. This type of procedure is applicable when there are chances to avoid bankruptcy and then liquidation proceedings with regard to debtor. However, the provisions of abovementioned Act strictly regulate the procedure.
Remedial actions shall include legal and factual actions, which aim to improve the economic situation of debtor and restore its capacity to perform obligations and simultaneously protect it against enforcement proceedings.
https://www.dudkowiak.com/debt-collection-in-poland/remedial...
Involves complex reorganization under the strict
supervision of the court, allows restructuring tools
like conversion of debt to equity or the sale of the
debtor’s assets.
Ordinary administration by
debtor may be permitted with
the court’s consent.
The Restructuring Law also provides for certain hardening
periods which apply in the case of the opening of remedial
(sanation) proceedings
https://www.clearygottlieb.com/~/media/organize-archive/cgsh...
--------------------------------------------------
Note added at 11 mins (2022-02-18 18:51:35 GMT)
--------------------------------------------------
Remedial proceedings
The remedial proceedings is the type of restructuring proceedings, which are regulated in Act of 15 May 2015 – Restructuring Law. This type of procedure allows protecting interests of both creditors and debtor. The creditors are able to collect their receivables, while the debtor is allowed to conduct its business activity. This type of procedure is applicable when there are chances to avoid bankruptcy and then liquidation proceedings with regard to debtor. However, the provisions of abovementioned Act strictly regulate the procedure.
Remedial actions shall include legal and factual actions, which aim to improve the economic situation of debtor and restore its capacity to perform obligations and simultaneously protect it against enforcement proceedings.
https://www.dudkowiak.com/debt-collection-in-poland/remedial...
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Comment: "thx"
2 hrs
rehabilitation proceedings
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Note added at 2 hrs (2022-02-18 21:16:44 GMT)
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https://ndvlaw.com/the-financial-rehabilitation-and-insolven...
rehabilitation refers to the restoration of the debtor to a condition of successful operation and solvency
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Note added at 15 hrs (2022-02-19 10:33:04 GMT)
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https://czasopisma.beck.pl/monitor-prawa-handlowego/artykul/...
Pozycja wierzyciela rzeczowego w postępowaniu sanacyjnym – zagadnienia wybrane
The status of collateralized creditor in rehabilitation proceedings – selected issues
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Note added at 2 hrs (2022-02-18 21:16:44 GMT)
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https://ndvlaw.com/the-financial-rehabilitation-and-insolven...
rehabilitation refers to the restoration of the debtor to a condition of successful operation and solvency
--------------------------------------------------
Note added at 15 hrs (2022-02-19 10:33:04 GMT)
--------------------------------------------------
https://czasopisma.beck.pl/monitor-prawa-handlowego/artykul/...
Pozycja wierzyciela rzeczowego w postępowaniu sanacyjnym – zagadnienia wybrane
The status of collateralized creditor in rehabilitation proceedings – selected issues
1 day 11 hrs
restructuring proceedings
tak
Example sentence:
Types of restructuring proceedings vs bankruptcy proceedings
Discussion
english version: Decision to open the remedial proceedings
https://www.dgakancelaria.pl/wp-content/uploads/2020/02/KW-2...
https://www.dgakancelaria.pl/wp-content/uploads/2019/11/KW-2...
https://www.proz.com/kudoz/polish-to-english/finance-general...
http://encyklopediaap.uw.edu.pl/index.php/Precautionary_and_...
sanacyjny - remedial/recovery
https://czasopisma.beck.pl/monitor-prawniczy/artykul/wykonyw...
https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&c...
https://books.google.pl/books?id=nsXLDwAAQBAJ&pg=PA980&lpg=P...
rehabilitation proceedings (“postępowanie sanacyjne”)
https://adamusrafal.pl/polish-restructuring-proceedings
https://www.eurofound.europa.eu/observatories/emcc/erm/legis...
https://e-justice.europa.eu/447/EN/insolvencybankruptcy?POLA...
https://e-justice.europa.eu/447/PL/insolvencybankruptcy?POLA...