Poland
Applicable Law
Implementation of the Directive (EU) 2019/1023
Implementation texts
English translation of the governmental bill (act) introducing Second Chance Directive (as at 14 May 2025)
Attached translation provided by Paweł Kuglarz and Mateusz Kaliński, LL.M. of Tatara & Partners is about the draft new legislation implementing Second Chance Directive (Restructuring Directive) into Polish legal landscape. With particular focus on satisfaction test, stay of enforcement rules and cross-class cram-down, the Act is currently in Sejm (lower chamber of Polish Parliament) and is subject to further actions.
Additional resource
How Poland has implemented Directive (EU) 2019/1023 (as part of the Joint Project between INSOL Europe and LexisPSL on the implementation analysis of the Directive (EU) 2019/1023 in the EU Member States - FORTHCOMING)
Update:
May 2025
We thank Paweł Kuglarz and Mateusz Kaliński from TATARA & PARTNERS
Restructuring & Insolvency Law Firm
Kraków & Warszawa