This conversion follows the Paris Commercial Court's decision on
As a reminder, the partial disposal plan concerned the lead and polypropylene recycling activities at the Company's Escaudoeuvres (Nord) and Villefranche-sur-Saône (
Campine has been managing the assets and activities included in the scope of the sale since
As a result of this partial disposal,
This being the case, it appeared that
As a result, the Paris Commercial Court has taken the decision described in this press release to convert the reorganization proceedings into a judicial liquidation.
In its conversion judgment, the Paris Commercial Court has in particular:
- terminated the observation period of the reorganization proceedings ;
- terminated the mission of the judicial administrators, SCP Abitbol & Rousselet, in the person of
Frédéric Abitbol , and SELARL 2M & Associés, in the person ofCarole Martinez ; - appointed SCP Canet, in the person of Maître
Patrick Canet , and SELAFA MJA, in the person of Maître Charles-Axel Chuine, as judicial liquidators ; and - set at two years the period at the end of which the closure of these judicial liquidation proceedings must be examined.
The parties to the judgment are thus invited to attend the next hearing set for
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1 See press releases of
2 See press releases of
3 See press release of
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Disclaimer: This press release is a non-official translation into English of the press release of the same date issued in French language and is provided solely for the convenience of English-speaking users. This press release should be read in conjunction with and construed in accordance with French law. Disclaimer: This press release may contain forward-looking statements that constitute either trends or objectives and should not be construed as forecasts of results or any other performance indicator. This information is by its nature subject to risks and uncertainties, as described in the Company's Annual Report available on its website (www.recylex.fr). More detailed information on
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Raw materials from urban mines
For more information about the
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Attachment
Recylex S.A. - Opening of a judicial liquidation proceedings forRecylex S.A.
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