Jagoda Wojciechowska, CEO and OwnerRBBC employs a multidisciplinary methodology that delves into the root causes of financial distress. Its portfolio includes customised restructuring plans along with bankruptcy and liquidation services for individuals and companies across various sectors, including energy, construction, fertilizer and transportation. Its deep understanding of the Polish and European legal landscapes enhances its effectiveness.
“By thoroughly investigating financial difficulties, we craft tailored solutions designed to address immediate concerns while building long-term resilience and driving growth,” says Jagoda Wojciechowska, owner and CEO.
A Strategic Approach to Debt Restructuring and Recovery
RBBC specialises in debt restructuring and cost optimisation, working diligently to negotiate favourable agreements with creditors. It manages liabilities strategically, securing majority support while respecting the rights of minority creditors. Precise financial projections support its solid restructuring plans, demonstrating that cooperation can yield better outcomes than bankruptcy.
By framing restructuring as an investment, RBBC positions creditors as key stakeholders in the recovery process, paving the way for future profitability and long-term partnerships. Understanding creditors' roles, relationships and goals is central to its strategy. By actively engaging with them, RBBC builds trust and showcases the benefits of cooperation, which are essential for successful restructuring.
Powering Financial Diagnosis and Multidisciplinary Solutions
Every engagement begins with a thorough diagnosis of a business’s financial challenges. This involves in-depth interviews with owners, management and employees, coupled with a comprehensive review of financial statements, cash flow, assets, liabilities and tax records. The goal is to assess the company’s value, identify risks, and uncover hidden issues that may impact restructuring, especially during mergers, acquisitions, or critical investment decisions.
RBBC considers the broader business context—industry operations, market dynamics, and stakeholder relationships. This holistic approach helps pinpoint the root causes of fiscal distress, enabling tailored solutions that benefit both debtors and creditors.
Navigating Financial Restructuring Challenges
Financial restructuring presents significant challenges for companies, such as securing financing, cooperating with financial institutions, and navigating evolving legal frameworks. In Poland, restructuring law has developed significantly since the amendments introduced in 2016, which, combined with factors affecting the economic climate such as the COVID-19 pandemic or the outbreak of the war in Ukraine, has led to its increased popularity. The number of cases rose from around 212 in 2016 to over 4,240 in 2023.
Despite this growth, many clients remain cautious about insolvency solutions. Perhaps due to the relatively young insolvency law in Poland, negotiations with foreign creditors often proceed more smoothly, also thanks to RBBC’s familiarity with international bankruptcy regulations. The firm focuses on educating clients about restructuring law, highlighting successful outcomes in previous cases, and drawing attention to the cyclical nature of financial crises.
RBBC also assists individuals in difficult financial situations in declaring personal bankruptcy, enabling them to start a new financial chapter.
Helping Customers Unlock Game-Changing Outcomes
RBBC’s involvement in pre-pack bankruptcy and out-of-court restructuring procedures has revitalised failing businesses, particularly in renewable energy, construction and transportation. It has facilitated arrangements with creditors, sometimes involving the transfer of assets to new owners or industries.
During the COVID-19 pandemic, for example, a client in the beauty industry faced severe challenges due to restrictions in Polish shopping centre. RBBC intervened by negotiating financial arrangements with the creditors. The strategy included restructuring operations, relocating salons, and launching effective marketing campaigns through social media. Collaborations with pop stars and influencers further boosted the salon’s visibility. Ultimately, the business repaid its debt two-and-a-half years ahead of schedule and experienced significant financial growth, gaining media attention, including an article in Polish Vogue.
In 2023, RBBC conducted one of Poland’s largest restructurings under the Arrangement Approval Proceedings in the fertilizer sector. This complex restructuring recently received legally binding court approval, marking another milestone in RBBC’s track record of delivering transformative outcomes for clients.
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By thoroughly investigating financial difficulties, we craft tailored solutions designed to address immediate concerns while building long-term resilience and driving growth
Elevating Expertise through Continuous Development
What sets RBBC apart is its multidisciplinary team comprising seasoned lawyers, financial advisors, independent appraisers, public notaries, and business consultants. This collaboration ensures clients receive personalised and effective strategies. It integrates legal, financial and business expertise to provide the clarity and strategic direction necessary to successfully navigate challenging economic situations.
The team of certified restructuring advisors, legal experts and tax consultants stays apprised of industry trends by prioritising continuous professional development through participation in national and international training programs, conferences and workshops. This diverse involvement enhances its understanding of clients’ operational challenges. At the same time, Wojciechowska, a member of the International Bar Association's Insolvency Section, leverages her international experience to facilitate cross-border investments.
RBBC’s Strategic Approach to International Business and Restructuring
Due to its geopolitical position, Poland is becoming a hub for international investors, and RBBC plays a crucial role in facilitating foreign investment. It connects international businesses with local opportunities, ensuring effective market entry and regulatory compliance.
Poland’s digital transformation in restructuring, driven by EU Directive 2019/1023, highlights the need for advanced IT and legal expertise. RBBC is well-equipped to manage complex international insolvency proceedings, drawing on its extensive experience.
A Commitment to Transformation
Accolades include being named Leader in Competitiveness 2022 by the Polish Agency for Enterprise, Business Champion of the Year 2023 at the International Economic Forum in Katowice, Insolvency Advisor of the Year in Poland by Lawyer Monthly – Legal Awards 2024, United Kingdom. These awards underscore RBBC’s industry leadership.
More than just a firm addressing financial distress, RBBC is a partner in transforming challenges into new opportunities. With a blend of local insight, international standards, and comprehensive service offerings, it delivers solutions that drive successful outcomes and sustainable growth.
Whether facing restructuring needs, seeking a fresh financial start, or exploring investment opportunities in Poland, enterprises will find RBBC to be a trusted partner for navigating and thriving through financial complexities.
