Immigration law

Qumak S.A. – bankruptcy motion

According to information provided by industry portals, the Management Board of the Polish IT and technology company, listed on the Warsaw Stock Exchange since 2006, QUMAK S.A. made a decision regarding the preparation of an application for bankruptcy of the company in accordance with the Act of 28 February 2003 on bankruptcy law. In the opinion of the Management Board of QUMAK S.A. the review of strategic options launched on 4 October 2018 did not bring any results in the form of a quick and effective acquisition of a strategic investor for the company, and the talks with potential investors conducted so far did not provide any concrete information as to the possibilities and conditions for acquiring a strategic investor. The statement additionally indicates that at the moment, the work on the application for bankruptcy is a result of far-reaching caution, due to the need to secure a previously submitted application to initiate restructuring proceedings.

We invite you to contact our Law Firm, which offers services in the field of reporting claims in liquidation proceedings.

Author team leader DKP Legal Michał Dudkowiak
Contact our expert
Write an inquiry: [email protected]
check full info of team member: Michał Dudkowiak

Contact us

Flaga Polski.POZNANPOLAND
Młyńska 16
61-730 Poznań
+48 61 853 56 48[email protected]
Flaga Polski.WARSAWPOLAND
Rondo ONZ 1
00-124 Warsaw
+48 22 300 16 74[email protected]
Flaga Polski.WROCLAWPOLAND
Swobodna 1
50-088 Wrocław
+48 61 853 56 48[email protected]
Flaga Polski.KRAKOWPOLAND
Opolska 110
31-355 Kraków
+48 61 853 56 48[email protected]
Flaga Polski.ZIELONA GÓRAPOLAND
Jana Sobieskiego 2/3
65-071 Zielona Góra
+48 61 853 56 48[email protected]