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SUCCESSFUL CLOSING: Banini Reorganization Plans Adopted.

Opening the second month of the second year of Banini AD and Banini Trade DOO reorganization management twin delivered within Bankruptcy Law framework, both companies’ pre-packed reorganization plans (UPPRs) were formally adopted today in two separate judicial hearings held before the Zrenjanin Trade court. A remarkable majority of creditors across various classification categories set out in both plans voted “in favor” of the approvals, unanimously making the decisions to accept the pre-packs ( UPPR ) – not a single creditor voting against…
TBC

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