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Kerdos administrator withdrew the application
PMR Restrukturyzacje, the current administrator of Kerdos and Dayli, filed a statement with the court in which it requests the withdrawal of the motion to discontinue the reorganization proceedings opened in relation to Dayli. The previous administrator of Dayli, Zimmerman Filipiak Restrukturyzacja, sought to discontinue the reorganization proceedings. The law firm explained that it had not received money from the owner of Kerdos, which in its opinion was necessary for the continued operation of the Dayli drugstore. PMR Restrukturyzacje has a different approach to...
Dayli with new manager
According to the court's decision, the new administrator in the Dayli restructuring proceedings will be PMR Restrukturyzacje. The law firm performs the same function in the restructuring proceedings conducted in Kerdos. PMR Restrukturyzacje will replace Zimmerman Filipiak Restrukturyzacja, which itself applied for a change of administrator. The court is still considering the application to discontinue the restructuring proceedings against Dayli, filed by the previous administrator, who argued that Dayli, contrary to assurances...
Kerdos lifeguards took to the starting line
The court has appointed a manager of the restructuring proceedings for the owner of the Dayli drugstore. Now, temporary managers are to get to work. Things are not good, and the ambiguities are only growing, but at least the impasse is ending. This is the situation in Kerdos (formerly Hygienica), the listed operator of the Dayli drugstore chain. On Wednesday, the court appointed a manager of the restructuring proceedings in the company, which is not paying its debts and is closing stores, but is trying to save itself from liquidation. The law firm PMR Restrukturyzacje,...
Kerdos at a crossroads
On May 11, a court hearing will be held in Krakow to appoint a trustee for the Kerdosa injunction proceedings. It is likely that it will be PMR Restrukturyzacje. The company's main shareholder and Monika Nowakowska, who works with him, want the same law firm to formally take over the role of trustee in Dayli and allow managers brought in by RDM Partners to operate. Romuald Kalyciok is in conflict with Zimmerman Filipiak Restrukturyzacja, which was...
Cosmetics creditors and practitioners want to rescue Kerdos and Dayli
Monika Nowakowska, president of RDM Partners, a company specializing in the restructuring of SMEs, has headed the group that wants to undertake the rescue of Kerdos and Dayli. – I managed to engage a great many people in the project, including several dozen creditors of both Dayli and Kerdos, the administrator of Dayli and the management board of Kerdos. All that was left for us to do was convince the employees, owners of premises and ING bank to give the restructuring experts invited to this project a chance...
Hawe Telekom's debt inventory has gone to court
The company's management board has filed a list of receivables in court, which are the subject of restructuring proceedings in Hawe Telekom Sp. z o. o. This is another important stage of the restructuring proceedings, after the appointment of the creditors' council - we read in the announcement. The fundamental assumption of the restructuring plan, which was met with understanding by many creditors of Hawe Telekom, is the repayment of all receivables from the revenues successively generated by the company, it was emphasized in the information. The efficient implementation of the next...
Hawe will appeal against the IDA application
The Hawe management board will appeal the Industrial Development Agency's (ARP) application to appoint an administrator to exercise corporate rights in the coming days, Mediatel's press office reported. In the opinion of the company's management board, the application is ineffective because Hawe has been undergoing restructuring proceedings since 7 March this year and the company already has an appointed administrator. According to the court's decision, the restructuring proceedings are of the nature of main proceedings. This means that all enforcement claims are suspended until the...
Hawe - application for change of sanctioning administrator
The company has filed a motion to change the restructuring administrator and to appoint the PMR Restrukturyzacje law firm, which already serves as the restructuring administrator in Hawe Telekom, to this function. According to the Hawe management board, appointing the same administrator for the restructuring proceedings in both companies will allow for a quick and effective restructuring to the benefit of creditors. The material was published on the website: on 30 March 2016: » Hawe – motion to change the restructuring administrator
Bankruptcy - a cause for shame or a valuable lesson?
In the United States, about 2 million small and medium-sized enterprises go bankrupt every year, and in the European Union – several hundred thousand. In Poland, on the other hand, the number of bankruptcies is systematically decreasing. Last year, courts declared 750 entities bankrupt – that is 10 percent less than in 2014. However, the ratio of companies going bankrupt to those that managed to recover after the collapse is very unfavourable for our country. What is the reason for this? (...) – It is a matter of changing the attitude – says Maciej Pietrzak,...
Hawe without debts to Alior Bank
In anticipation of the information, the price of the fiber-optic group soared. Even a 56% return on investment could be achieved by buying Hawe shares on Wednesday for 73 groszy and selling them on Friday morning at the top for PLN 1.14 per share. The price of the fiber-optic group undergoing restructuring under the supervision of the court grew the most on Thursday – by over 30%. First, before midnight on Thursday, Hawe announced that the Cypriot vehicle Trinitybay Investments had disposed of all shares in February (in the shareholder's...
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