Market announcement
AS Pro Kapital Grupp
LEI code
097900BGM10000061519
Size of the entity
Large group
Economic activities
Financial and Insurance Activities
Country of registered office
Estonia
General information
Categories
Other corporate action
Unique data record identifier
8195
Submission date and time
30.07.2020 18:30:00
Content of announcement in Estonian
Title
AS-i Tallinna Moekombinaat saneerimismenetluses peab maakohus uuesti otsustama ekspertide määramise üle
Message
3. aprillil 2020 teatas AS Pro Kapital Grupp (Pro Kapital) oma tütarettevõtte AS-i Tallinna Moekombinaat saneerimismenetluse algatamisest. 15. juunil 2020 avaldas Pro Kapital, et kohus on määranud kava hindama eksperdid, kes peavad esitama oma arvamuse saneerimiskava osas hiljemalt 22. juuliks 2020 ning kohus otsustab kava kinnitamise hiljemalt 10. augustiks 2020. Tallinna Ringkonnakohus on otsustanud maakohtu määruse seoses ekspertide määramisega tühistada tulenevalt protseduurilistest küsimustest. Ringkonnakohus ei tuvastanud, et maakohus oleks eksperdid määranud ebaõigesti, kuid leidis, et maakohus oleks pidanud mõningaid ekspertmenetluse algatamise eeldusi rohkem analüüsima ja põhjendama. Seetõttu on ringkonnakohus saatnud asja maakohtule tagasi uueks otsustamiseks. Maakohus peab kaaluma ringkonnakohtu poolt esile toodud küsimusi ja seejärel uuesti otsustama, kas ekspertmenetluse algatamise eeldused on täidetud või mitte. Eksperdid on oma arvamused seoses AS-i Tallinna Moekombinaat saneerimiskavaga kohtule juba esitanud ning toetavad saneerimiskava kinnitamist. Allan Remmelkoor Juhatuse liige +372 614 4920 [email protected]
Content of announcement in English
Title
In AS Tallinna Moekombinaat’s reorganisation proceedings the court of first instance must decide once more regarding the appointment of experts
Message
On 3 April 2020, AS Pro Kapital Grupp (Pro Kapital) announced the initiation of reorganization proceedings of its subsidiary AS Tallinna Moekombinaat. On 15 June 2020, Pro Kapital announced that the court has appointed experts to evaluate the plan, who must submit their opinion on the reorganization plan by 22 July 2020 at the latest, and the court will decide on the approval of the plan by 10 August 2020 at the latest. The Tallinn District Court has decided to annul the ruling of the county court in connection with the appointment of experts due to procedural issues. The district court did not find that the county court had incorrectly appointed the experts, but held that the county court should have further analyzed and substantiated some of the preconditions for initiating expert proceedings. Therefore, the district court has referred the matter back to the county court for a new decision. The county court must consider the issues raised by the district court and then decide, once more, whether the preconditions for initiating expert proceedings have been met. The experts have already submitted their opinions regarding the reorganization plan of AS Tallinna Moekombinaat to the court and support the approval of the reorganization plan. Allan Remmelkoor Member of the Board +372 614 4920 [email protected]