Continuing with an examination of insolvency regulations in Poland, one could ask a tricky question: it is obvious that an entity will be deemed insolvent if it fails to satisfy (discharge) its due and payable obligations, but could an entity that does perform its obligations duly and in a timely manner be deemed insolvent as well? Surprisingly, insofar as corporations are concerned, the answer to the question is 'yes' and this is because of a concept commonly know under the name of technical insolvency.
October 24 2011