Restructuring
Very often, business development requires additional funds to implement investment activities.
The company’s recovery process is an opportunity to improve its financial situation, streamline operations and prepare the company for new challenges. At RBBC, we support entrepreneurs by offering comprehensive assistance in overcoming difficulties and building a solid foundation for further growth.
What is company restructuring?
Restructuring is an opportunity to regain control over a company that has found itself in a difficult financial or operational situation. It is a remedial process that allows the company to catch its breath, implement the most important changes and build solid foundations for the future. It is most often used when there are problems with liquidity, growing liabilities or a decline in revenue. However, it is worth remembering that restructuring a company is not just about saving it from crisis – it is also a way to streamline its operations, adapt it to new market realities and prepare it for further growth.
A well-executed corporate restructuring goes much deeper than just finances. It involves well-thought-out measures, including cost optimisation, organisational restructuring, renegotiation of contracts with contractors and the introduction of new business solutions. The aim is not only to ‘plug the gaps’, but to create a more efficient and stable business model.
It is worth emphasising that restructuring does not mean capitulation or failure. On the contrary, it is proof of responsible company management and a willingness to make difficult decisions. Thanks to a properly conducted process, the company gains time to organise its liabilities, restore the trust of its creditors and develop solutions that will allow it to get back on track.
Negotiations with creditors during restructuring
Negotiations are an important part of any restructuring process. This is the stage at which a company has the opportunity to work out new terms for repaying its liabilities, reducing financial pressure and gaining time to implement remedial measures. Conducting these talks in a thoughtful manner is not only a chance to improve the company’s situation, but also an opportunity to rebuild trust in relations with creditors.
The first step in negotiations with creditors is a precise analysis of the company’s financial condition and a detailed determination of its liabilities. Proper preparation allows you to present creditors with a realistic debt repayment proposal that takes into account the company’s current capabilities. This often includes extending payment terms, spreading the debt into instalments or even partial debt forgiveness. The most important thing is that the solutions presented are credible and feasible.
Transparency and open communication play an important role in negotiations. Creditors must be confident that the company has taken real corrective measures and is able to meet the proposed terms. That is why it is so important to prepare a detailed restructuring plan and to seek support from experienced specialists who will ensure that the talks are conducted in a professional manner.
The decision to start restructuring should never be put off until the last minute. The sooner an entrepreneur responds to emerging financial problems, the greater the chance of successfully implementing corrective measures and avoiding bankruptcy. It is worth remembering that restructuring is not a last resort – it is a tool that can help a company get back on track before problems escalate. Signs that indicate that a decision to restructure should be made:
The legal basis for restructuring a company in Poland is the Restructuring Law, which has been in force since 1 January 2016. This law created mechanisms allowing entrepreneurs who find themselves in financial difficulties to avoid bankruptcy and rebuild their businesses. Restructuring is a solution that not only allows current problems to be resolved, but also prepares the company for changing market conditions. A quick response and implementation of corrective measures can effectively halt the worsening of problems and create an opportunity to regain stability and continue development.
Professional assistance in restructuring proceedings
We support entrepreneurs in the restructuring process by offering comprehensive legal and organisational assistance.
This type of support includes advice at every stage of the recovery process, enabling companies to overcome financial difficulties and regain stability. An important role is played by analysing the company’s situation, preparing the relevant documents and developing a strategy that allows the business to adapt to changing market conditions.
Thanks to the experience and knowledge of our experts, entrepreneurs can effectively negotiate with creditors, optimise internal processes and introduce organisational changes that improve the efficiency of the company’s operations. The law firm’s activities focus on finding the best solutions tailored to the specific nature of the company, which will not only help overcome the crisis but also create a solid foundation for further development.
