We live in the time that has been changing drastically and practically nothing has
presented an obstacle; in the era of artificial intelligence, the peak of technology and
the rapid growth of the economy. No one could have predicted that in modern times
we could be surprised by an epidemic that would stop this trend and force the entire
economy into a halt. Not only the COVID-19 epidemic caused health problems, many
deaths all over the world, and the closure of borders among countries; it also caused
major economic problems, which for many companies and the self-employed meant a
reduction in business and growth, which could lead to the cessation of activity or at
least a serious test if companies could operate or become stronger even in such
situation.
The thesis consists of theoretical and empirical part. Descriptive and comparative
methods were used. The bankruptcy procedure for a legal entity and the personal
bankruptcy procedure are described. We presented the measures taken by the state
and analysed how the state had supported legal entities and independent
entrepreneurs with various measures during the epidemic.
The primary sources were presented, analysed and interpreted, and the legal basis in
the field of bankruptcy proceedings and proceedings due to insolvency and forced
termination were interpreted. In the empirical part, we compared statistical data on
initiated proceedings against legal entities and personal bankruptcy proceedings. The
aim of the theoretical work was to review the entire literature using a descriptive
method. The objective of the empirical work was to compare initiated bankruptcy
proceedings between sole proprietors and legal entities, and to present the state's
measures and their impact on legal entities at the time of measures to limit the
epidemic.
Through the analysis, the purpose of the thesis was achieved, as it was established
that the number of initiated bankruptcy proceedings had not increased during the
mentioned period, and we could rightly conclude that the measures adopted by the
state's anti-corona packages and the realization of aid to entrepreneurs and the selfemployed
were indeed helpful.
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