Adevarul Holding demands its insolvency

The Adevarul Holding Trust demands its insolvency in a dossier submitted to the Bucharest Tribunal on 31 October. The first hearing in the case is related to insolvency proceedings and the legal conclusion is - bankruptcy. The application was submitted while the businessman Cristian Burci recently took the Patriciu trust. The turst publishes, among other things, the newspapers Adevarul and Click.

Insolvency is a step forward in the company entering bankruptcy, and this procedure is required by some companies to protect themselves against creditors. Following the declaration of insolvency by a court, the company enters in the administration endorsed by a specialized company.

Date 6 11 2012


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