Poland: Overview Of Insolvency Regulations: Part Three – Mondaq

December 6, 2011 Posted By: Leave a comment
According to the concept, which is reflected in Article 11 Sec. 2 of the Polish Bankruptcy Law, a company whose total value of liabilities exceeds the total value of its assets should also be deemed insolvent, even if it satisfies its liabilities in a timely manner.
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