The District Court of Helsinki has ruled to initiate corporate restructuring proceedings of Stockmann plc
STOCKMANN plc, Inside Information 8.4.2020 at 12:30 EETBy its decision of today, 8 April 2020, the District Court of Helsinki has ruled to initiate proceedings for Stockmann plc in accordance with the law of corporate restructuring. The District Court has positioned Attorney Jyrki Tähtinen from Borenius Attorneys Ltd as administrator for the company’s corporate restructuring proceedings.According to the decision of the District Court, the proposal for the restructuring programme must be drawn up before 11 December 2020.The corporate restructuring proceedings will be discussed at