—The aim of the research is to determine how many
companies in the Czech Republic which have been permitted to
reorganize submitted a proposal to allow the reorganization
before bankruptcy decision and also how many companies
have been permitted to reorganize simultaneously with the
bankruptcy decision. The particular goal was also to determine
how many companies that have been allowed reorganization
had approved reorganization plan to begin the recovery
business process. Within the application part of this paper
authors focus on specific case of reorganization in lottery
—Reorganization, reorganization plan, secured
creditors, Czech Republic, Sazka.
Monika Randáková, Jiří Strouhal, and Jiřina Bokšová are with the
Department of Financial and Managerial Accounting, Mladá Boleslav,
Škoda Auto University, Czech Republic (e-mail: email@example.com;
Cite:Monika Randáková, Jiří Strouhal, Jiřina Bokšová, Luboš Smrčka, and Raluca Simona PL Bonaci, "Current Issues of Reorganization Process in the Czech Republic," Journal of Economics, Business and Management vol. 2, no. 1, pp. 68-73, 2014.