The dispute over Liberty deepens. Tameh questions the restructuring

The dispute over Liberty deepens. Tameh questions the restructuring
The dispute over Liberty deepens. Tameh questions the restructuring
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“From the current reports of the restructuring administrator, it follows that the required majority of creditors did not vote for the exclusion of Tameh, and thus the restructuring plan could not be accepted,” stated Tameh’s spokesperson Patrik Schober.

At the same time, the company Liberty sent out a press release on Friday, in which it claims that it has started to implement the restructuring plan. And on April 25, it reported in a report that 86.65 percent “of the total number of creditors’ votes” voted to exclude Tameh from the vote on the restructuring plan.

Liberty denies Tameh’s claims.

“This is another attempt by Tameh to prevent Liberty from taking further steps in restructuring,” responded Liberty spokesman Ivo Štěrba.

“Until the court’s decision, I cannot comment on such information,” replied Igor Krajdl, spokesman for the Regional Court in Ostrava, which is currently deciding on the approval of the reorganization.

It is not yet clear when the court will decide on the restructuring plan.

“In addition to the proposal itself, the court evaluates, for example, the restructuring administrator’s report and other information, which takes time. Therefore, it is not possible to say in advance when he will decide,” added the spokesman of the regional court.

In recent days, the Supreme Court in Olomouc ruled on another dispute between the two companies, regarding the very announcement of the general moratorium last December.

Tameh filed an appeal to the High Court against the regional court’s approval of the general moratorium at the time.

“The affected parties and even other creditors of the entrepreneur are not persons authorized to file an appeal against the restructuring court’s decision to declare a general moratorium,” explained the reasons for the rejection in a published resolution by the president of the Senate of the High Court in Olomouc, Martin Hejda. “In the opinion of the Court of Appeal, the rights and legitimate interests of these persons are sufficiently protected by the institution of cancellation of the general moratorium, when such a proposal can be submitted by the majority of entitled parties,” explained the chairman of the senate, among other things.

The article is in Czech

Tags: dispute Liberty deepens Tameh questions restructuring

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