The District Court of Vänersborg, today December 11, decided that the Reorganization of Nevs shall continue for an additional time period of three months, until March 2, 2015.
“I am glad that the District Court has decided to prolong the Reorganization. We need the time the prolongation allows to concretize and finalize the ongoing negotiations” said Nevs’ President Mattias Bergman.
According to court in Vänersborg there are good prospects for implementing a successful reconstruction. This despite the fact that a creditor wanted the reconstruction would cease. Svea Ekonomi did not think there were conditions to Nevs reconstruction would succeed and wanted to because it would be canceled. But the company was the only one of the 19 creditors who submitted observations to the district court, which wanted the reconstruction would be stopped.