Crisis Management

Teachers

Included in study programs

Teaching results

The aim of the course is to acquire theoretical and practical knowledge and skills in the field of legal and economic aspects of bankruptcy and restructuring of business entities within the valid legislation of the Slovak Republic and Regulation (EC) no. 2015/848 of 20 May 2015 on insolvency proceedings.

Knowledge: Deepening of knowledge in the field of solving crisis situations in the company from the point of view of bankruptcy of legal entities and natural persons - entrepreneurs, restructuring of legal entities. A special part will be the debt relief of a natural person through bankruptcy and repayment calendar.

Skills: Graduates of the course will master the basic concepts in the field of crisis management of entrepreneurs and citizens in the framework of Act no. 7/2005 Coll. on Bankruptcy and Restructuring, as amended. They will control the filing of a petition for the declaration of bankruptcy, file a claim, exercise the right of opposition, deny the claim, the rights and obligations of a member of the creditors' committee.

Competences: Graduates of the course will get acquainted with the solution of selected problems: bankruptcy of business entities, restructuring of business entities, the position of debtors and creditors in bankruptcy and restructuring, restructuring assessment and restructuring plan, accounting, tax and labor law aspects of bankruptcy and restructuring.

Indicative content

Lectures:
1. General theoretical aspects of bankruptcy law. Decline and its forms.
2. Bankruptcy petition.
3. The effects of the declaration of bankruptcy and the decision in the bankruptcy proceedings.
4. Bankruptcy trustee.
5. Creditors in bankruptcy proceedings and enforceability of legal acts.
6. Bankruptcy property.
7. Satisfaction of creditors – schedule.
8. Restructuring of business entities - purpose and essence.
9. Financial and economic principles, principles and procedures for drawing up the restructuring report and plan.
10. Valuation of assets in bankruptcy and restructuring.
11. Restructuring authorization.
12. Approval of the restructuring plan.
13. Accounting, tax, labor aspects of bankruptcy and restructuring.

Support literature

Elementary literature:
1. ANTUŠÁK, Emil a Josef VILÁŠEK. Základy teorie krizového managementu. Praha: Univerzita Karlova v Praze, nakladatelství Karolinum, 2016. ISBN 978-80-246-3443-2.
2. FILIP, Stanislav. Postavenie Slovenskej republiky v krízovom manažmente Európskej únie. Bratislava: Wolters Kluwer, 2017, 106 s. Ekonómia. ISBN 978-80-8168-713-6.
3. KARÁSEK, Petr. Léčení firem v krizi: krizové řízení z pohledu manažera, který vedl záchranu značky Tatra. Praha: Grada, 2017. ISBN 978-80-271-0681-3.
4. ŠIMÁK, Ladislav. Krízový manažment vo verejnej správe. 2. preprac. vyd. Žilina: EDIS-vydavateľské centurm ŽU, 2016, 263 s. Vysokoškolské učebnice. ISBN 978-80-554-1165-1.
5. ZAPLETALOVÁ, Šárka. Krizový management podniku pro 21. století. Praha: Ekopress, 2012. ISBN 978-80-86929-85-9.
6. MACEK, Jaroslav. Konkurz, reštrukturalizácia a oddlženie s poznámkami. JIURIS LIBRI, 2015. ISBN 9788089635160.
7. Zákon č. 7/2005 Z. z. Zákon o konkurze a reštrukturalizácii a o zmene a doplnení niektorých zákonov

Syllabus

Lectures: 1. General theoretical aspects of bankruptcy law. Decline and its forms. 2. Bankruptcy petition. 3. The effects of the declaration of bankruptcy and the decision in the bankruptcy proceedings. 4. Bankruptcy trustee. 5. Creditors in bankruptcy proceedings and enforceability of legal acts. 6. Bankruptcy property. 7. Satisfaction of creditors – schedule. 8. Restructuring of business entities - purpose and essence. 9. Financial and economic principles, principles and procedures for drawing up the restructuring report and plan. 10. Valuation of assets in bankruptcy and restructuring. 11. Restructuring authorization. 12. Approval of the restructuring plan. 13. Accounting, tax, labor aspects of bankruptcy and restructuring.

Requirements to complete the course

exam 100 %

Student workload

78 hours in total, of which:
26 hours participation in lectures
26 hours preparation for semester tests
26 hours preparation for the exam

Language whose command is required to complete the course

english

Date of approval: 14.02.2023

Date of the latest change: 14.12.2022