10
May
09:14
Creditors to decide on OKD future in August
The Regional Court in Ostrava has accepted Czech coal miner OKD’s application for insolvency and appointed Leeho Loudu as administrator. Creditors now have two months to register their claims.
A review of insolvency proceedings has been scheduled for August. This will be followed by a creditors’ meeting which will ultimately decide whether OKD declares bankruptcy or submits a restructuring plan. Since the latter option is the one preferred by OKD&rsq…
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Anonymous
Very good overview of the weekly steel market.
Anonymous