Brief: Stockmann Says Court Rejects Complaints On Restructuring Programme

Lindex Oyj

04/11/2021 12:13

Nov 4 (Reuters) - Stockmann Oyj Abp  STOCKA.HE :
    * HELSINKI COURT OF APPEAL HAS REJECTED THE COMPLAINTS MADE
BY
PIRKANMAAN OSUUSKAUPPA, ECR FINLAND INVESTMENT I OY AND
LÄHITAPIOLA KESKUSTAKIINTEISTÖT KY CONCERNING STOCKMANN'S
RESTRUCTURING PROGRAMME
    * HELSINKI COURT OF APPEAL REJECTED PIRKANMAAN OSUUSKAUPPA'S
APPEAL
    * COURT RULED THAT CLAIM FOR POSSIBLE DAMAGES IS A
RESTRUCTURING
DEBT UNDER CORPORATE RESTRUCTURING ACT
    * PIRKANMAAN OSUUSKAUPPA INITIATED ARBITRATION PROCEEDINGS
AGAINST
STOCKMANN, IN WHICH IT CLAIMS UP TO EUR 5.9 MILLION IN
COMPENSATION F

Source text for Eikon:  ID:nWkr28HJWC 
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