Problem with the bankruptcy of the Bielmlek cooperative

Problem with the bankruptcy of the Bielmlek cooperative

There are problems with carrying out the bankruptcy process of the Bielmlek cooperative.

Problems with conducting the bankruptcy process of the cooperative result from the lack of financial resources.

Consequently, the administrative court called upon the creditors to make an advance payment. The funds collected in this way are to enable the finalization of bankruptcy. However, if creditors fail to comply with this summons, the bankruptcy process will have to be discontinued. However, due to the difficulties in obtaining financing for restructuring, it should be taken into account that also this time creditors may refuse to provide financial support. As the trustee points out, this will not bring any positive consequences for all interested parties.

Source: https://bielsk.eu/bielsk-podlaski/32273-sad-nakazal-wierzycielom-sfinansowanie-procesu-upalosci-bielmleku-jesli-nie-dadza-kasy-upalosci-nie-bedzie

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