RNB subsidiaries apply to extend company reorganisations
RNB Retail and Brands AB (publ) subsidiaries have today to the Stockholm District Court applied to extend their ongoing company reorganisations (Sw. företagsrekonstruktioner). In the same applications the Companies petitioned a deferral to, and including, July 1, 2020 to complete the applications. By that date at the latest, the companies will present settlement proposals to the creditors. With the applications the companies’ company reorganisations continue until a formal decision to extend has been made by the District Court.