Case No.: RZ1Z/GRz/49/2023
MB/LAW Law Office is pleased to announce the successful conclusion of restructuring proceedings for a medical entrepreneur running a private pediatric practice in the Podkarpackie Voivodeship.
The business had been providing medical services since 2004, cooperating with district-level clinics. Financial difficulties arose due to a sharp increase in interest rates and loan installments (approx. 50% increase in debt burden), which significantly strained the monthly budget. Additional challenges included rising fuel prices due to patient travel and tax and contribution changes introduced under the “Polski Ład” reform. Despite expanding cooperation with additional hospitals, the growing operating costs exceeded income, ultimately leading to loss of liquidity.
Following a detailed analysis by the MB/LAW team, under the leadership of attorney-at-law Michał Burek, LL.M., licensed restructuring advisor, the recommended solution was a restructuring approval procedure (PZU). A specific restructuring plan and timeline for implementation were developed.
By decision of the District Court in Rzeszów on 23 August 2023, the arrangement was formally approved.
- Creditors were divided into groups based on the size of their claims,
- Interest was written off for some creditor groups,
- Repayment periods were spread over 36 to 72 months,
- Liabilities to public creditors (Tax Office and Social Insurance) were split into 48 installments,
- Mortgage-backed debts will continue to be repaid under the existing schedule.
Thanks to the approved arrangement, the entrepreneur regained the ability to repay obligations in predictable installments and secured the opportunity to continue running the medical practice.
If you’re facing financial distress or liquidity problems, we encourage you to contact MB/LAW.
Every case is handled individually.
Our team negotiates with creditors, prepares comprehensive legal and financial analyses, and creates restructuring proposals that are both acceptable to creditors and allow entrepreneurs to rebuild stability and get a fresh start.
