Sanace Liberty Ostrava – alternativní sanační projekt

This master’s thesis focuses on the restructuring project that started an unsuccessful preventive restructuring attempt of Liberty Ostrava. The theoretical part introduces the concept of preventive restructuring in the context of the Czech law and environment. It also describes the incentives and motivations of the individual stakeholders involved in the restructuring process. The practical part focuses directly on the restructuring project, defining its intended purpose and comparing it with the restructuring project submitted by the company. The aim of the thesis is to identify the deficiencies of the submitted project and propose corrective measures and improvements in the form of alternative restructuring solutions and original proposals addressing areas omitted by the original project. The thesis concludes that the submitted restructuring project fails to meet the essential attributes of a sound turnaround and restructuring project. For its incompleteness and internal inconsistency, it does not fulfil its primary purpose – to provide creditors with sufficient information and convince them of the viability of the preventive restructuring process and the proposed turnaround measures.