The process of reaching a settlement under the extraordinary administration procedure of Agrokor is one of the most complex in Croatia and in Europe due to the complexities of Agrokor as a business and the total amount of the debt as well as the large number of creditors, 5.700 of them. This section contains all the news on the process of reaching of a settlement for all the key stakeholders, as well as the latest details and developments.
First Stage of Voting at the Agrokor Settlement Plan Hearing Completed
04. Jul 2018.
The first stage of voting at the Agrokor creditors’ Settlement Plan voting hearing, related to granting voting rights to present creditors of challenged claims, is completed.
Voting rights were granted to present creditors of challenged claims holding HRK 8,433,348,110 of claims.
Upon completion of the first stage of voting the Court declared the voting on the Settlement Plan open.
Creditors present at the voting hold claims with rights to vote on the Settlement Plan in the amount of HRK 31,858,553,744.74.
The total amount of claims with rights to vote on the Settlement Plan is HRK 33,759,582,335.23, represented by 2,978 creditors.
The Settlement Plan is considered approved if voted in favor by 2/3 of creditors with voting rights.