Search results for "PTC"

Consumer arrangement under the bankruptcy law act in Poland

2019

the arrangement in consumer bankruptcy is an alternative solution to the liquidation of the bankruptcy estate and establishing a repayment plan. The consumer arrangement in bankruptcy proceedings can be contained in different formats. The regulation of the arrangement in consumer bankruptcy is based on Article 49122 and 49123 of Bankruptcy Law Act and a storied reference to the provisions on the arrangement in bankruptcy proceedings (Article 266a of Bankruptcy Law Act) and on the arrangement under the Restructuring Law. The legislator proposed one more way of debt relief by entering into an arrangement at a meeting of creditors. This solution provides that the debtor, with the help of a pro…

Azioni revocatorie e arbitrato

2020

Lo scritto studia il rapporto tra azione revocatoria ed arbitrato. Il curatore ha il compito di ricostruire il patrimonio del debitore, al fine di garantire la par condicio creditorum. A questo scopo il curatore può proporre azioni dirette a far dichiarare la inefficacia degli atti compiuti dal debitore. Si tratta di azioni con presupposti ed effetti tra loro diversi; una azione è diretta a far dichiarare la inefficacia ex lege atti compiuti dal debitore; le altre sono l’azione revocatoria ordinaria e l’azione revocatoria fallimentare. Per altro verso, il curatore potrebbe essere convenuto in azioni revocatorie dirette a fare dichiarare inefficaci atti di cui ha beneficiato il debitore prim…

Liquidation of the Bankruptcy Estate in Poland

2020

The purpose of this study is to present the general principles and general issues of liquidation of the bankruptcy estate under Polish law. It should be stressed that liquidation of the bankruptcy estate is intended to satisfy the creditors of the insolvent debtor. Therefore, the manner of liquidation of the bankruptcy estate has an obvious impact on the final bankruptcy dividend for the creditors. The rules governing the liquidation of the bankrupt’s assets are of the key-importance for the theory of law and the practice. The article defines the directional principles of liquidation of the bankruptcy estate, procedure of liquidation of the bankruptcy estate. The subject of this paper there…

Amended consumer bankruptcy law in Poland

2020

In the presented paper, the author very deeply and thoroughly explains the issue of the currently amended consumer bankruptcy law in Poland. The paper consists of four key parts. In the first part of the paper, the author clarifies the Polish legislation concerning the consumer bankruptcy; in the second part of his paper he analyses the modes of a debt relief for an insolvent natural person through the consumer bankruptcy and consumer arrangement; the third part of the paper deals with the question of the legal character of a consumer debt relief and, finally, in the last part of his paper, the author focuses on the issues of a payment morality of the debtor and its legal importance. The ma…

Turnaround strategies for severe crises. Surviving a bankruptcy procedure

2018

A renewed interest on business turnaround (BT) has aroused, given the high number of firms which have suffered struggles during the Great Recession. This research focuses on declining firms that suffer the most severe financial distress, bankruptcy, and are also willing to survive and restore their performance. When facing a viability-threatening decline, firms must reverse it by implementing turnaround strategies. Drawing on BT literature, several questions were asked: Is the turnaround framework suitable for bankrupt firms? Are turnaround strategies effective in providing survival and recover performance of the bankrupt firms? Does the intensity of the response impact the turnaround outco…

Ŭridičeskaȃ praktika drugih stran Republika Pol’ša

2013

Modes of debt relief for consumers in Poland

2019

Consumer bankruptcy has been functioning in the Polish legal system since 2008. The serious amendment to the provisions on consumer bankruptcy made by the Act of 30 August 2019 amending the Act – Bankruptcy Law and some other acts (Journal of Laws 2019 item 1802) will certainly have a significant impact on the remarkable increase in the number of bankruptcy cases. Insolvency of natural persons – consumers is a typical social phenomenon, which has a very different background. It can be caused by a sudden change in the life situation related to e.g. deterioration of health, loss of a well-paid job, divorce, death of a spouse, termination of unformal relationship with a partner. Many people ar…

Wpłaty z zysku od jednosobowej spółki Skarbu Państwa po ogłoszeniu jej upadłości likwidacyjnej

2013

Natura e fondamento dell’azione revocatoria ordinaria e fallimentare

2022

Lo scritto esamina la natura giuridica della azione ordinaria e della azione revocatoria e il fondamento di queste azioni, che viene rinvenuto in un illecito commesso dal debitore e dal terzo. Nel caso di atti a titolo gratuito invece la revoca mira a evitare un ingiustificato arricchimento del terzo. The paper examines the juridical nature of the actio pauliana and of the bankrupty invalidation action and the reasons of these actions, which are based on a tort committed by the debtor and by the third party. In the case of free-of-charge deeds, however, these actions aim to avoid unjustified enrichment of the third party.

Investigating REPAIRv2 as a Tool to Edit CFTR mRNA with Premature Stop Codons

2020

Cystic fibrosis (CF) is caused by mutations in the gene encoding the transmembrane conductance regulator (CFTR) protein. Some CF patients are compound heterozygous or homozygous for nonsense mutations in the CFTR gene. This implies the presence in the transcript of premature termination codons (PTCs) responsible for a truncated CFTR protein and a more severe form of the disease. Aminoglycoside and PTC124 derivatives have been used for the read-through of PTCs to restore the full-length CFTR protein. However, in a precision medicine framework, the CRISPR/dCas13b-based molecular tool &ldquo