Court extends Agrokor crisis management deadline

Court extends Agrokor crisis management deadline

Court extends Agrokor crisis management deadline Izvor: Boris Scitar/Vecernji list/PIXSELL

The Commercial Court in Zagreb agreed to move the deadline for Agrokor's agreement with company's creditors and suppliers by three months, extending it to July 10, the court said on Friday.

The extension was granted following a formal request filed by the state-appointed crisis manager at the company, Fabris Peruško, which said that "creditors have reached an agreement on the essential elements of the deal, but finishing and agreeing on the wording of the actual text would require extra time."

The deadline marks the latest date the state-appointed management will be allowed to run the restructuring of the privately-owned company, according to a special law dubbed 'Lex Agrokor' which was passed in April 2017 after the ongoing crisis at the indebted food and retail conglomerate had started.

Comments (0)

Comment sent successfully.

Comment sending failed.

Invalid CAPTCHA

* All fields are required

MOST POPULAR

READ MORE

NEWS

NEWS

Citizen group in split protests against UN migrations pact 09.12.2018.

09.12.2018.  |  NEWS

NEWS

NEWS

Minister: Migrations need to be addressed at the global level 09.12.2018.

09.12.2018.  |  NEWS

NEWS

NEWS

Dodik calls Bosnia's international administrators 'criminals' 09.12.2018.

09.12.2018.  |  NEWS

NEWS

NEWS

Bosnian Croat parties: The ex High Representatives are lobbying for Bosniaks 09.12.2018.

09.12.2018.  |  NEWS

NEWS

NEWS

Sociology professor: EU must tell Croatia its stance more clearly 09.12.2018.

09.12.2018.  |  NEWS

NEWS

NEWS

Croatian Serb leader: Recent arrests aimed at causing anxiety and insecurity 09.12.2018.

09.12.2018.  |  NEWS

NEWS

NEWS

Belgrade citizens protest against violence in society 09.12.2018.

09.12.2018.  |  NEWS

NEWS

NEWS

Defence Minister: No additional costs for Croatia in fighter jets' purchase 08.12.2018.

08.12.2018.  |  NEWS

loader