Effects of pandemic legislation on Insolvency Law in the Slovak Republic

Autor: Maliar Martin
Jazyk: angličtina
Rok vydání: 2024
Předmět:
Zdroj: Wroclaw Review of Law, Administration and Economics, Vol 12, Iss 2, Pp 1-11 (2024)
Druh dokumentu: article
ISSN: 2084-1264
DOI: 10.2478/wrlae-2023-0018
Popis: The COVID-19 outbreak forced Slovakia to quickly adapt its bankruptcy legislation and introduce temporary measures to alleviate the pandemic’s economic impact. However, the uptake of these pandemic-specific insolvency provisions remained modest, possibly due to extensive government financial support. As the pandemic wanes, future economic challenges, such as rising inflation and interest rates, may test the durability and effectiveness of these legislative adjustments. This period of regulatory adjustment underscores a broader shift in insolvency laws, signalling a shift towards prioritising business continuity and value in the face of economic crises.
Databáze: Directory of Open Access Journals
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