The Slovak insolvency law reform, which came into effect on 1 January 2006, introduced a brand new restructuring option for business debtors. In this thesis, we present the first complex empirical analysis of all restructuring attempts allowed in the period 2006-2010. Results, based on a large amount of data, which we gathered for this purpose, suggest that the restructuring option is much more viable than the composition option under the previous Bankrupcty and Composition Act. The system is characterized by very high success rates (in terms of plan confirmation) and speedy proceedings. The size of the debtor affects neither the prospects for success, nor the length of proceedings significantly. We conclude that, even though a lot of improvements still need to be done, the reform moved the Slovak insolvency law closer to the standards of the best-performing jurisdictions. JEL Classification D23, K12, K20 Keywords insolvency law, reform, restructuring, bankruptcy, restructuring plan, trustee Author's e-mail hrnciarpavel@gmail.com Supervisor's e-mail tomas.richter@cliffordchance.com

Dans un contexte de mondialisation, les entreprises africaines doivent s'adapter en permanence aux diverses contingences économiques, juridiques ou sociales. Conscient de cette réalité, le législateur africain a mis en place dans le cadre de la reforme de l'OHADA, un arsenal juridique afin de leur permettre de s'acclimater en permanence aux tendances et pressions du marché : le droit de la restructuration qui désigne l’ensemble des techniques conçues par le législateur pour réorganiser l’entreprise. Ces techniques ont eu pour source d’inspiration le droit français des restructurations qui a connu des mutations. La confrontation des deux systèmes de droit permet de constater que si dans les principes fondamentaux les deux systèmes répondent aux mêmes objectifs à savoir assurer la pérennisation des entreprises par la promotion de la croissance de l’entreprise et sa survie lorsqu’elle est le seuil de difficultés diverses, il existe toutefois des différences d’ordre pratique et technique consécutives aux dernières réformes intervenues. / In a context of globalization, the african companies have to adapt themselves permanently to economic legal or social contingencies. Conscious of that reality, african legislator set up within the OHADA reform legal measures to allow theme acclimatize to the tendencies and markets pression : the restructuring law which design all the technicals proceedings conceived by the legislator to reorganize the company. Those technicals was inspirated by French law restructuring which has been reorganized. The confrontation of both systems allows to notice that if in the fundamental principles they are the same objectives consisting in substainability of companies for their growth or their survival there are however pratical and technical differences materialized by the recents french reforms.