Luboš SmrckaSenior Lecturer in the Department of Strategy at the Faculty of Business Administration University of Economics, Prague

doc. Ing. Luboš Smrčka, CSc. In 1984 graduated from the Czech University of Life Sciences in Prague. After 1993 he left the Institute of Experimental Botany at the Czechoslovak Academy of Sciences to start business. Gradually, he acquired several professional specializations: tax advisor (1993), broker (1996), forensic expert in economy, prices, and valuation specialized in the valuation of securities, RM-S and stock exchange and business valuation (2000, extended in 2003), administrator in insolvency (2011).
In the last 10 years, he has worked as a Senior Lecturer in the Department of Strategy at the Faculty of Business Administration of the University of Economics in Prague. He deals with a personal and family finances and insolvency. More details and publication activities please find on


Czech Republic – Debts and Current Challenges in the Corporate and Personal Insolvency

His presentation will describes endeavours to implement modern information technologies into the system of insolvency proceedings in the Czech Republic. It concerns the problem of cooperation of scientific workplaces with state institutions – especially the Ministry of Justice of the Czech Republic – in the field of refining legislation and improvement of collection of statistical data and their further processing and utilization. In addition to obtaining information on the effectiveness of insolvency proceedings, there is also the possibility of actively working with data, e.g. usage of mathematical methods, especially regression analyses to the large-scale analysis of large sets data with the aim of defining such cases of insolvency proceedings whose results or course could indicate contravention of laws, or indicate the rise of situations which would be apposite to examine from the sides of auditing bodies.