The District Court of Vänersborg, today March 11, decided that the Reorganization of Nevs shall continue for an additional time period of 3 months, until May 29, 2015.
February 26, 2015, National Electric Vehicle Sweden AB (Nevs) applied for prolonged reorganization and composition proceedings to the District Court in Vänersborg.
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In a meeting at Nevs February 26, the company and the reorganization administrator informed present creditors of the composition proposal sent earlier, together with Nevs’ goal and plan to exit the reorganization.