Multi Member Court of First Instance of Athens – Case Number 233/2019

REHABILITATION PROCESS. Prebankruptcy rehabilitation process of articles 99 et.seq. of Bankruptcy Code (after the enactment of the new Law 4446/2016 ) . Ratification of rehabilitation agreement between the petitioner (debtor) and creditors , who represent the 62.65% of the petitioner’s overall debts and of those who represent the 47,61% of creditors with concession or collateral security of secured claims against the petitioner. The debt to … bank is reduced by 67% and the rest is reorganized in a long term scale of 15,5 years. The debt to The Hellenic Public is reduced by 67% as well, and the rest, after the withdrawal of contingent corresponding interests, fees and increments is reorganized to 120 capital installments. The petitioner’s debt to “EFKA” (National Department of Social Security) is reduced by 67% and the rest, after the withdrawal of contingent corresponding interests, fees and increments is regulated to 120 capital installments. The debt to the employees is going to be fully amortized over 36 installments. The debt to … bank is reduced by 67% and the rest is regulated in the long term of 15,5 years. The debt to … bank is reduced by 67% and the rest is regulated in the long term of 15,5 years. The petitioner’s debt to … bank is under overall arrangement in the long term of 15,5 years. The debt to … Ltd is reduced by 67% and the rest is regulated to 14 installments. As far as the debt to … bank concerns, is reduced by 95% and the rest will be paid in full in 14 installments. The remaining debts of the petitioner to the suppliers/ the rest creditors are reduced by 95% and what is left will be disbursed to them in 14 installments.