The proposal to close the restructuring process was made a month ago by the company's administrator.
In June, Wojciech Makuć, the administrator in Hawe's sanction proceedings, indicated that the debtor's behaviour indicated that the arrangement would not be implemented. On Monday, the court granted this request.
After the cancellation The liquidation bankruptcy of Hawe is becoming more and more likely. However, as reported by Puls Biznesu, the company intends to file an appeal against the court's decision.
The restructuring proceedings in relation to the company are still ongoing. Hawe Telekom, a company that Hawe controls through Mediatela. In this case, the role of the manager is played by the law firm PMR Restrukturyzacje.
Since May last year, Hawe has not redeemed five series of bonds. A subsidiary has also failed to repay debt securities. Hawe Telekom. The total nominal value of the overdue bond debt alone is over PLN 43 million.
5 July 2016:
" Court discontinues sanction proceedings against Hawe