Reorganizace ve společnosti Kordárna a.s

The thesis describes insolvency proceedings in general and focuses on reorganisation in one specific company. It comprehensively describes and explains the unique case of reorganisation in Kordárna, a.s., analyses it from the accounting point of view and evaluates the performed reorganisation in comparison with the reorganisation plan.More than two hundred documents of several hundred pages from public registers were used as sources for the thesis.The reorganisation in Kordárna, a.s. was one of the first successful reorganisations of such extent. The process was protracted and very complicated, with aim to separate the healthy part of the enterprise while in full operation. The essence of the reorganisation was the contribution of the enterprise into the newly established company Kordárna Plus, a.s., which was sold afterwards. This yield was used to satisfy the claims of the creditors of Kordárna, a.s. However, it was a tiny fraction of the nominal value of the claims. The book value of the assets, which were the subject of the contribution, is in comparison with the selling price of the share in Kordárna Plus, a.s. almost 2.5 times higher. Despite the fact that the reorganisation cost the creditors a lot of money, the goals set out in the reorganisation plan had been met.