The new law strives to achieve these major goals by providing creditors with better access to opening insolvency proceedings, clearer and firmer participation rights. The law introduces expedited reorganisation and simplified liquidation proceedings. Also the law describes in more details the restructuring procedure and makes it easier to approve the restructuring plan.
You may find here a Quick Guide to new insolvency law aimed to provide a concise but clear presentation of the new regulation of insolvency proceeding.