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

Exercises:
1. General theoretical aspects of bankruptcy law. Decay and its forms.
2. Proposal to declare bankruptcy - case study.
3. Effects of declaration of bankruptcy and decision in bankruptcy proceedings.
4. Administrator of the bankruptcy estate - discussion.
5. Creditors in bankruptcy proceedings and objectionability of legal acts.
6. Bankruptcy substance. Work with the register of bankrupts and the Commercial Gazette.
7. Satisfaction of creditors - schedule.
8. Restructuring of business entities - purpose and essence.
9. Financial - economic principles, principles and procedures for compiling a restructuring assessment a plan. Work with financial statements.
10. Valuation of property in bankruptcy and restructuring.
11. Permitting Restructuring. Progress paper.
12. Approval of the restructuring plan - activity in groups.
13. Accounting, tax, labor law aspects of bankruptcy and restructuring. Preparation of financial statements

Support literature

Elementary literature:
1. LUKÁČ, Jozef. Krízový manažment: učebné texty. Bratislava: Vydavateľstvo EKONÓM,
2022, 93 s. ISBN 978-80-225-5007-9.
2. Zákon č. 7/2005 Z. z. Zákon o konkurze a reštrukturalizácii a o zmene a doplnení niektorých
zákonov
3. Obchodný vestník
4. Register úpadcov
Supplementary literature:
5. ANTUŠÁK, Emil a Josef VILÁŠEK. Základy teorie krizového managementu. Praha:
Univerzita Karlova v Praze, nakladatelství Karolinum, 2016. ISBN 978-80-246-3443-2.
6. FILIP, Stanislav. Postavenie Slovenskej republiky v krízovom manažmente Európskej únie.
Bratislava: Wolters Kluwer, 2017, 106 s. Ekonómia. ISBN 978-80-8168-713-6.
7. 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.
8. ŠIMÁK, Ladislav. Krízový manažment vo verejnej správe. 2. preprac. vyd. Žilina: EDISvydavateľské centurm ŽU, 2016, 263 s. Vysokoškolské učebnice. ISBN 978-80-554-1165-1.
9. ZAPLETALOVÁ, Šárka. Krizový management podniku pro 21. století. Praha: Ekopress, 2012.
ISBN 978-80-86929-85-9.
10. MACEK, Jaroslav. Konkurz, reštrukturalizácia a oddlženie s poznámkami. JIURIS LIBRI,
1. 2015. ISBN 9788089635160.

Syllabus

Exercises: 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

Intermediate assessment 40%:
• Activity at consultations 10%
• Ongoing evaluation 30%
Final assessment: 60%
• Combined exam 60%

Student workload

78 hours total, of which:
26 hours participation in exercises
13 hours preparation for exercises
13 hours preparation for ongoing evaluation
26 hours exam preparation

Language whose command is required to complete the course

Slovak

Date of approval: 03.06.2024

Date of the latest change: 14.05.2024