For a reconstruction, can be successful, have to the creditors to agree to a so-called public chord; that they agree to write off part of their claims.
in Order to get through a public chord is necessary that creditors with at least 75 percent of their total amount and 75% of the number of voting creditors to accept the composition.
– So it is very important to get with the biggest creditors, ” says Helena Ståbi.
Metro has liabilities of over 11 million, making the Tax to the company’s largest creditor.
– It will be hard without the Sta’s involvement, yes, the answer Ståbi.
Her first priority, however, is that the employees will get their wages by the state wage guarantee system. It is the county administrative board that manages it, and therefore is Ståbi on there for the employees to get their money.
” They said it would give priority to the reconstruction. It is my hope that the money will come before the week is out, but it may be next week, ” she says.
various data on the employees of the company who have applied for the reconstruction. But Helena Ståbi say that most of Metro’s employees actually are in the company during the reconstruction, the
” We are currently managing over 100 employees, actually.
– The majority of employees are there, then there are a few in another company, ” she says.
to meet the need of creditors to get at least 25% of their claims. While the company does not take on new liabilities – all expenses must be paid in cash.
– basically you have to pay in advance, ” says Ståbi.
– Also the chord based on that the owners go in and shoot to money, ” she adds.
Because the industry is split into different companies, it is not possible to say what it means for the possibilities that the Metro can get out a newspaper. On Tuesday, the counting Ståbi to have a meeting where they go through exactly what is in the company who received reconstruction.
also Read: Far from certain that the Metro’s liabilities will be written down
