Case No.: WA1M/GRz/33/2024
MB/LAW is pleased to announce the successful completion of restructuring proceedings for an entrepreneur operating in the marketing and event industry. The company specializes in the production of promotional gifts, marketing materials, and the organization of training sessions and corporate events.
MB/LAW is pleased to announce the successful completion of restructuring proceedings for an entrepreneur operating in the marketing and event industry. The company specializes in the production of promotional gifts, marketing materials, and the organization of training sessions and corporate events.
The business has been active since 1999 as a marketing and event agency. Its portfolio includes the production of promotional materials for corporate clients, as well as planning and hosting events. Since 2019, it has also offered online services. The main clients were medium and large companies integrating promotional tools into their marketing strategies, and organizations commissioning events and training. In the period January–September 2023, revenues amounted to approximately PLN 865,225.
Causes of financial distress:
- COVID-19 restrictions severely limiting event and marketing activities,
- high inflation after the pandemic crisis,
- reduction of corporate marketing budgets,
- lowered profit margins to retain clients,
- new foreign contracts requiring higher financing and longer payment terms,
- sharply rising costs of credit facilities and overdrafts,
- tax law changes under the “Polish Deal” (increased health contributions, higher tax burdens),
- rising energy costs.
These combined factors led to severe liquidity problems.
Outcome of the restructuring proceedings:
Thanks to the work of the court-appointed supervisor – Attorney-at-Law Michał Burek, LL.M., licensed restructuring advisor (no. 1665) – and the MB/LAW support team, negotiations with creditors were successfully concluded. The restructuring plan was voted through and confirmed by the court on 6 March 2024.
- Bank claims over PLN 200,000: repayment in 120 monthly instalments (capital and pre-confirmation interest) with interest of WIBOR 3M + 4% margin from the date of confirmation.
- Claims from PLN 50,001 to 200,000: full remission of post-opening interest, court costs, and enforcement fees – repayment in 72 monthly instalments.
- Claims up to PLN 50,000: full remission of post-opening interest, court costs, and enforcement fees – repayment in 60 monthly instalments.
If your company faces liquidity risks or financial distress, MB/LAW is ready to assist. We treat each case individually and comprehensively – negotiating with creditors, preparing feasible restructuring proposals, and guiding entrepreneurs step by step toward regaining stability.
