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Effects of pandemic legislation on Insolvency Law in the Slovak Republic Cover

Effects of pandemic legislation on Insolvency Law in the Slovak Republic

By: Martin Maliar  
Open Access
|Feb 2024

Abstract

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.

Language: English
Page range: 1 - 11
Published on: Feb 12, 2024
Published by: University of Wroclaw, Faculty of Law, Administration and Economics
In partnership with: Paradigm Publishing Services
Publication frequency: 2 issues per year
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© 2024 Martin Maliar, published by University of Wroclaw, Faculty of Law, Administration and Economics
This work is licensed under the Creative Commons Attribution 4.0 License.