Abstr act Introduction: The insolvency of enterprises is considered both from a macro and microeconomic viewpoint. Enterprises identify insolvency in the period of the largest economic boom and more often in the periods of economic instability and crises or recession, due to the increasing risk of its occurrence. In addition, the importance of insolvency is crucial from the viewpoint of the potential effects of economic bankruptcy and bankruptcy from a legal viewpoint. Research

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... sis: The aim of this paper is to analyze selected aspects of the corporate insolvency in Europe. The first objective is, to determine whether the cost and time of the insolvency proceeding are shorter in OECD countries when compared to others in Europe. The second objective is to identify Poland's position according to the aspect of insolvency, in the context of the countries surveyed. Hypothesis: There is relationship between high income in OECD countries and recovery rate. Research methodology: The data comes from the Doing Business 2018 report. It was used Spearman correlation. Findings: There is a need for continuous improvement of legal systems to facilitate resolving insolvencies. There is moderate correlation (Spearman) at approx. 0.69 between high income in OECD countries and recovery rate. It is statistically significant correlation (p-value < 0.05). There are two weak negative (downhill relationships) correlations (Spearman) between high income in OECD countries and time (first relationship) or cost (second relationship). #0#