PA Resources publishes Reorganisation Plan and request for composition proceedings
PA Resources AB (“the company”) will today published the Reorganisation Plan prepared by the company’s administrator, lawyer Lars Söderqvist. The Reorganisation Plan includes, amongst other things, the Composition Plan, an Estate Inventory per 30 June 2015, the administrator’s statement of support for the plan, a certification of at least 40% support from the creditors for the plan as well as the Administrator’s Report. Included in the plan are also the terms and conditions of the reorganisation notes (loan) which was entered into in June 2015 (see the press release “PA Resources secures