Good news come from Vänersborg, after yesterday some creditors expressed their doubts about the plan to write down their demands towards NEVS. Obviously they still see a point in NEVS’ plans and this morning the District Court decided to prolong the reorganisation. Here is the press release from NEVS:
The reorganization of Nevs is prolonged
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.
Let’s hope there will be a final and viable solution on the table in March.