Joint Stock Company “Liepajas Metalurgs” informs that the company has received decision No.C20261213 of 27.05.2013 of Liepaja Court, with which Liepaja Court has decided to initiate proceedings on the legal protection of Joint Stock Company “Liepajas Metalurgs” defining that the legal protection implementation plan is to be agreed till 26.07.2013.

At this moment Joint Stock Company “Liepajas Metalurgs” is beginning preparation of the legal protection implementation plan, which is to be agreed with the secured creditors, the main claims of which form in total 2/3 of the overall secured amount of the creditors’ claims, and with those unsecured creditors whose main claims form in total 1/2 of the overall unsecured amount of the creditors’ claims.

Līga Šenfelde
Assistant to the Chief Economist
63455926, shenfelde@metalurgs.lv