Corporate Restructuring Toruń

Restructuring is an effective tool for protecting a business from bankruptcy and restoring financial stability in times of crisis.

When properly conducted, restructuring proceedings allow not only for the suspension of enforcement actions and implementation of recovery measures, but above all for the creation of conditions for long-term improvement and continued operation of the business.

The recovery and stabilisation of a company remain the primary objectives of restructuring proceedings.

RBBC has been closely connected with Toruń since the very beginning of its operations. It was here, over 10 years ago, that Centrum Restrukturyzacji i Upadłości Sp. z o.o. – the first and core entity of the RBBC group – was established. From Toruń, we manage restructuring proceedings for businesses across Poland, while also conducting administrative and operational activities for our boutique offices located in other cities.

Our long-standing practice, involvement in hundreds of proceedings, and experience gained on both the debtor and creditor side allow us to successfully manage even the most complex restructuring processes.

Financial restructuring

Debt restructuring, negotiations with creditors, cost optimisation and improving financial liquidity. This is often the first step that allows a company to regain control over its liabilities and avoid mounting problems.

Operational restructuring

Optimisation of internal processes, introduction of new technologies, reorganisation of departments or changes in resource management. These measures enable the company to operate more efficiently and reduce operating costs.

Organisational restructuring

Changing the management structure, improving communication within the company and introducing more effective decision-making tools. This often involves redefining roles within the team, which allows for better utilisation of employee potential.

Strategic restructuring

Changing your business model, entering new markets or withdrawing from less profitable areas of activity. This is an opportunity to adapt the direction of your company's development to changing market conditions.

What Is Corporate Restructuring?

Restructuring proceedings are a structured legal process aimed at reaching an arrangement with creditors and avoiding bankruptcy. In practice, this involves modifying the terms of debt repayment – including rescheduling, deferral of payment deadlines, and, in certain cases, partial debt reduction.

However, restructuring is not limited to legal mechanisms alone. A key element is the preparation and implementation of a restructuring plan, which includes financial, organisational, and operational measures tailored to the actual condition of the business.

When Should Restructuring Be Considered?

Restructuring should be considered at the earliest stage of financial difficulties.Inpractice,thisincludessituationswhere:

difficulties arise in meeting current payment obligations,
liabilities towards contractors, tax authorities or social security institutions begin to accumulate,
the company loses financial liquidity,
there is a risk of enforcement proceedings beinginitiated,
the business still has the potential to continue operations.

The timing of restructuring is critical. Delayed action significantly limits the available legal options and reduces the chances of a successful outcome.

How We Work – Restructuring in Practice

Each restructuring process is preceded by a detailed analysis of the company’s situation. This includes an assessment of financial condition, debt structure, operational capabilities, and the realistic prospects of reaching an arrangement with creditors.

Based on this analysis, we:

select theappropriate typeof restructuring proceedings,
preparetherestructuringplan,
developarrangementproposals,
conductnegotiationswithcreditors,
represent clients in both court and out-of-court proceedings.

Ourobjectiveis not merely toinitiateproceedings, but to carry them through effectively and achieve a real and sustainable improvement in the company’s financial situation.

A key element of any restructuring process is the correctselectionof proceedings. This decision oftendeterminesthe overall success of the restructuring. In practice, wefrequentlyencountersituations where general legal advisorsinitiateinappropriate restructuring proceedings, which may prolong the process, limit available legal tools, or even lead to bankruptcy.

Each of the four types of restructuring proceedings provides a different scope of instruments and level of debtor protection. An incorrect choice may therefore prevent the implementation of solutions crucial for a given business.

For this reason, restructuring should always be preceded by a thorough legal and financial analysis and entrusted to experienced restructuring professionals capable of combining legalexpertisewith financial and operational understanding.

Which Restructuring Proceedings Should Businesses inToruńChoose?

Polish restructuring law provides for four types of restructuring proceedings, which differ in terms of formalisation, level of debtor protection, and degree of interference in the business.

Arrangement Approval Proceedings (PZU)

The least formal and fastest type of restructuring, where most activities are conducted out of court. The debtor retains full control over the business, and the court’s role is limited to approving the arrangement.

Accelerated Arrangement Proceedings (PPU)

Court-supervised proceedings providing protection against enforcement while allowing the debtor to retain management control under the supervision of a court-appointed supervisor.

Arrangement Proceedings (PU)

A more comprehensive procedure designed for complex cases, particularly where there are significant disputes regarding claims.

Sanation Proceedings

The most advanced and intrusive form of restructuring, combining arrangement with operational restructuring measures. Management is typically transferred to an administrator, and the debtor benefits from the broadest level of protection against creditors.

The selection of the appropriate proceedings is critical – an incorrect decision at this stage may significantly limit the effectiveness of restructuring.

Restructuring in Toruń – Experience and Practice

Toruńremainsthe centre of our restructuring operations. It is here that we built our experience from the very beginning of the Polish restructuring framework and where we continue to conduct a substantial part of our proceedings.

Our familiarity with court practice, experience in working with creditors, and participation innumerousrestructuring processes allow us to act efficiently and effectively, even inhighly complexcases.

We support both micro and small enterprises, as well as large business entities, including multi-layered and cross-border cases.

Restructuring Analysis

If your company is experiencing financial difficulties or facing the risk of losing liquidity, delaying action may significantly affect the available options.

The proper selection of restructuring proceedings and timely action can not only stop enforcement actions, but above all significantly increase the chances of saving the business. In practice, delays often lead to a reduction of available solutions and, ultimately, to bankruptcy.