Multi Member Court of First Instance of Athens – Case Number 524/2015

Rejection of the rehabilitation agreement, which was filled to the Court for ratification. The agreement, which was signed between the applicant and the majority of creditors, representing 80,89% of the applicant’s total debt and 92,29% of privileged ones, was rejected as inadmissible, since the financial data of the applicant (as a prerequisite for the ratification of the agreement according to article 100, paragraph 2, point c of the Bankruptcy Code) lacked verification for its accuracy by the legal representative and head of accounting department of the applicant.