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Commercial Court extends protection against creditors of Electrawinds SE

Friday, 28 Mar 2014 09:02am EDT 

Electrawinds SE:Announces that the protection against creditors, granted by the Commercial Court in Ostend on Dec. 26, 2013, was set to expire on March 27.On March 25, the Commercial Court ruled to extend the protection till April 30.The board filed a judicial reorganization plan which entails a substantial carve-out of assets and liabilities which will be transferred to a newly incorporated entity sponsored by the Tecteo-group. 

Company Quote

0.055 +13.92%
15 Aug 2014