About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline



14 Studia Iuridica Cassoviensia 4 (2026)

handle is hein.journals/saiacsva14 and id is 1 raw text is: 


STUJDIA  IIIRIDICA Cassoviensia                   ISSN  1339-3995. Vol. 14 2026 No 1


     MORATORIUM AKO NASTROJ OCHRANY DLZNIKA
            POCAS PREVENTIVNEJ A INSOLVENCNEJ
                        RESTRUKTURALIZACIEI

  MORATORIUM AS A TOOL FOR DEBTOR PROTECTION
            DURING PREVENTIVE AND INSOLVENCY
                             RESTRUCTURING

                                Dominika  Cukerovd2

                            https://doi.org/10.33542/SIC2026-1-01

ABSTRAKT
Moratorium  by malo dlznikovi pomoct' pri rokovani o restrukturalizannom pldne, zachovani
prevddzky  jeho   podniku,  ni  uchovani   hodnoty      jeho  majetku. V oboch typoch
restrukturalizacnnch konani je dlznikovi k dispozicii, hoci jeho konkretna podoba, Pinky,
podmienky  ziskania, ni rozsah sa v mnohjch smeroch lisia. Ci tieto odlisnosti zodpovedajd
rozdielom v drovni finanniych t'azkosti, ktori obe restrukturalizdcie maju napomoct' riesit',
skumal tento prispevok. Ciel'om bolo porovnat' donasnP ochranu poskytovanu ponas verejnej
preventivnej restrukturalizdcie a Pinky zanatia insolvencnej restrukturalizdcie, a na pozadi
rozdielnychfinancnjch t'azkosti dlznika formulovat'vhodnost'prdvnej upravy donasnej ochrany
v otdzke podmienok jej ziskania, doby trvania, rozsahu a Pinkov. Takto vymedzenj zdmer
musel nutne zohl'adnit' mantinely, ktore slovenskimu zdkonodarcovi vyplynuli zo Smernice
o restrukturalizdcii a insolvencii.

ABSTRACT
The moratorium is designed to assist the debtor in negotiating a restructuring plan, maintaining
the operational continuity of their enterprise, and preserving the value of their assets. In both
of restructuring proceedings, this measure is available to the debtor; however, its specific form,
effects, conditions for acquisition, and scope vary significantly. This paper examines whether
these distinctions correspond to the differences in the levels of financial difficulties that both
restructuring mechanisms are intended to address. The objective was to compare the temporary
protection afforded during public preventive restructuring with the effects resulting from the
initiation of insolvency restructuring, and to assess the appropriateness of the legal framework
concerning the conditions for obtaining temporary protection, its duration, scope, and effects,
against the backdrop of the differing financial distress faced by the debtor. This delineated
intention necessarily had to take into account the confines that arisefrom the Slovak legislator's
obligations under the Preventive Restructuring Directive.

I. UVOD
   K rieseniu finanenych t'aikosti dlinika ponnka privna nprava viacer6 nistroje. Je dobre
znime,  ze vaasn6  ozdravenie a v tejto snvislosti aj zachovanie podnikania pre pripad


   Tito prica bola financovani EU NextGenerationEU prostrednictvom Planu obnovy a odolnosti SR v rimci projektu c.
   09103-03-V04-00183.
2  JUDr., PhD., Univerzita Pavla Jozefa Safirika v Kosiciach, Privnicki fakulta, Slovenski republika
   Pavol Jozef Safirik University, Faculty of Law, Slovak Republic.


https://doi.org/10.33542/SIC2026-1-01


4