Ex-minister Pelikán and prosecutor try to shoot down the reorganization of Arka
The Prague City Prosecutor’s Office, former Justice Minister Robert Pelikán and other creditors of the bankrupt Arca Investments are seeking to scrap its reorganisation plan. They have doubts about its fairness. The Prague City Prosecutor’s Office has asked the High Court in Prague not to approve the reorganisation plan of the bankrupt investment company Arca Investments. The proposal was published in the insolvency register. The plan was adopted in July by a majority vote at a creditors’ meeting and the plan was then approved by the Municipal Court in Prague.
Source seznamzpravy.cz/exministr-pelikan-a-statni-zastupce-zkouseji-sestrelit-reorganizaci-arky