Synergic – restructuring or bankruptcy?
Synergic, an outdoor advertising company, is having financial difficulties. This became the basis for making a decision about the need to take appropriate steps.
A former member of the company’s management board, acting as a creditor, filed for bankruptcy. On the other hand, the members of the current management board initiated the simplified restructuring procedure by pointing out that the bankruptcy petition is secondary to their application and challenging the legitimacy of the obligations they have towards the former management board member.