HAVE CREDITORS BEEN LEFT WITH NOTHING?
Creditors have noted an increased deterioration of their contractual partners' payment discipline caused by governmental measures aimed at curbing the COVID-19 virus. Courts do not offer effective legal protection because the Act on extraordinary measures for courts and administrative authorities has suspended the deadlines, and the courts have stopped the service of official documents. An amendment to the Act entered into force on 1 May 2020 and allows judicial proceedings to continue.
In order to learn more, please open the attached file.