Jan 24 (Reuters) - Ursus SA w restrukturyzacji:
* SAID ON THURSDAY IT HAS RECEIVED OLSZTYN COURT’S DECISION REJECTING THE COMPANY’S MOTION TO OPEN ACCELERATED ARRANGEMENT PROCEEDINGS
* COURT SAID ITS DECISION IS DUE TO THE LACK OF A FINALLY BINDING TERMINATION OF EARLIER ACCELERATED ARRANGEMENT PROCEEDINGS AND THE CONTINUATION OF SUCH PROCEEDINGS BEFORE THE COURT IN LUBLIN
* THE COMPANY INTENDS TO TAKE ACTION SO THAT THE ONLY RESTRUCTURING PROCEEDINGS TAKING PLACE WITH REGARD TO THE COMPANY ARE THE ONES TO BE OPENED THROUGH THE FILING OF A NEW MOTION TO THE OLSZTYN COURT
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