Neotech

Entity details: Neotech sp. z o. o. w upadłości based in Tułowice

Type of case: bankruptcy process

Period: 2019-present

Market activity: industrial property - rental of production space

As part of the bankruptcy proceedings, thanks to the effective actions of the trustee, the creditors were fully satisfied, as a result of winning court cases and the effective sale of the bankrupt's enterprise, at a price significantly higher than that resulting from the enterprise's valuation.

Key challenges/events:

  1. Lack of company documentation, including financial statements and inventory of assets.
  2. Thanks to the efficient and effective action in the proceedings, the bankrupt’s enterprise was sold for an amount more than 50% higher than the starting price.
  3. Complex lawsuits conducted against international corporations were won, resulting in additional funds flowing into the bankruptcy estate.
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