The Higher Court in Ljubljana granted the appeal lodged by Sava d.d. as debtor, and the creditors Gorenjska banka, d.d., Zavarovalnica Triglav, d.d., UniCredit Banka Slovenia, d.d., Pokojninska družba A, d.d., Skupna, d.d., and Skupna pokojninska družba, d.d.
The Higher Court annulled the decision of the court of first instance according to which the proposal to initiate the compulsory settlement proceeding submitted on 2 June 2015 by the applicants (Gorenjska banka, d.d., Zavarovalnica Triglav, d.d., UniCredit banka Slovenija, d.d., Pokojninska družba A, d.d., Skupna, d.d., Skupna pokojninska družba, d.d.), and the proposal to initiate the compulsory settlement proceedings submitted on 10 June 2015 by BAMC, d.d. were heard by the same court.
The Higher Court decided in separate proceedings and imposed on the court of first instance that they answer in further proceeding the question whether Gorenjska banka, d.d. is an entity associated with the debtor, and whether this affects its status being the proposing party of the compulsory settlement proceedings. The Higher Court will also have to decide, on the basis of which complete creditors' proposal the compulsory settlement proceedings will be initiated. It will also be explained which creditor would be granted the status of the proposing party of the compulsory proceedings.
Sava d.d.
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