What does the restructuring of the company look like?

The first step initiating simplified proceedings for approval of an arrangement is to find a restructuring advisor with whom a contract will be signed to supervise the proceedings. It is necessary to choose among those who are licensed. Once the supervision agreement is signed, the next step is for the debtor, with the help of..

How much child support is due per child?

The extent of alimony payments depends on the legitimate needs of the entitled person and the earning and asset capacity of the obligor. In alimony cases, the court is required to accurately and thoroughly determine the justified needs of the alimony recipient and the ability of the obligors to meet them. The extent of the..

How long does it take to restructure a company?

The final stage of the simplified restructuring procedure is the submission by the debtor of an application for approval of the arrangement to the competent court. The provisions of the Law – Shield 4.0.indicate that if within 4 months from the date of making the announcement no application for approval of the arrangement is submitted..

Liquidation of a limited liability company.

Liquidation of a limited liability company is a natural action encountered in business transactions. Often it is the result of activities leading to the restructuring of capital groups, or a change in the legal form of the business. Due to the formalized nature and multi-stage nature of the liquidation process of sp. Ltd. it is..

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