Finansijsko restrukturiranje privrednih subjekata

Abstract

Generally, by restructuring, we mean undertaking a series of measures that should contribute to the improvement of business operations of economic entities. Restructuring measures can be taken when a business entity is in fnancial difculties and when bankruptcy proceedings are threatened, but these measures are also taken when there is a need for more efcient operations. Tat is why we can distinguish restructuring outside of bankruptcy and in bankruptcy. There are diferent forms of restructuring, and attention will be paid, above all, to fnancial restructuring. We must say that fnancial and other forms of restructuring can be classifed within the framework of corporate restructuring. The paper also states the diference between restructuring and reorganization of the debtor. The author analyzes the relationship between fnancial and other forms of restructuring. The paper will briefy analyze the Law on Consensual Financial Restructuring of the Republic of Serbia, as well as the EU Directive in this area. Also, the author looks at some solutions in this area in Great Britain and USA.