When an entity in financial distress is declared bankrupt, or placed under a court-supervised rescue mechanism under the Restructuring Law, among the many legal consequences are those pertaining to real estate assets that it owns. The inclusion of such assets in the bankruptcy or restructuring estate can prove a blessing or a burden. The interests of the distressed entity, its various creditors, but also third parties come into play. This article looks at selected issues involved.

Originally published in PMR Construction Insight: Poland - August 2022.