Procedure for Approval of Arrangement commonly referred to as simplified restructuring is the fastest, cheapest and most secure solution for companies facing difficulties.

• First - it is the Entrepreneur who decides when the proceedings will be opened (court approval is not required). If necessary, it is possible to open even on the same day.
• Secondly - it is the Entrepreneur who selects the restructuring advisor (it is not appointed randomly by the Court). Given the importance of the restructuring advisor for the success of the entire process, including its: experience, competence, efficiency, this is one of the key advantages of the
• Thirdly, the possibility of providing far-reaching and complete protection against enforcement for a period of 4 mths to as much as 12 mths. During the period from the date of the announcement of the determination of the day of arrangement, existing enforcement proceedings are suspended by operation of law and new ones cannot be initiated against the debtor for a minimum period of 4 months and, in the case of an application for approval of the arrangement, until it is examined.
• Fourthly, protecting the entrepreneur by securing the continuation of contracts that are fundamental to the running of the business, including leases, rental agreements and loans;
• Fifthly, the possibility of extending the composition agreement to claims secured in rem or secured by a security transfer
• Sixth - lowest cost