2/2015: The Court stays proceedings instituted by the Consortium against Narodowe Centrum Sportu Sp. z o.o. and the State Treasury – the Minister of Sport and Tourism in the case related to the constr
The Management Board of PBG S.A. w upadłości układowej (in company voluntary arrangement) (the “Company” or “PBG”) announces that on February 9th 2015 it was notified that on February 3rd 2015 the Regional Court of Warsaw, 26th Commercial Division, issued an order to stay the proceedings instituted by the Consortium responsible for building the multi-purpose National Stadium in Warsaw with ancillary infrastructure against Narodowe Centrum Sportu Sp. z o.o. and the State Treasury – the Minister of Sport and Tourism (the “Employer”).PBG reported on the case, filed by the bankruptcy administrator of Alpine Bau Deutschland AG, bankruptcy administrator of Alpine Bau GmbH, Alpine Construction Polska Sp. z o.o. and PBG S.A. w upadłości układowej (in company voluntary arrangement), as well as the bankruptcy administrator of Hydrobudowa Polska S.A. w upadłości likwidacyjnej (in bankruptcy by liquidation), in Current Report No. 86/2012 of July 31st 2012.
The order was issued by the Court upon a joint motion of the parties to the proceedings, and it opens the way for settlement negotiations between the parties.
Pliki:
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