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

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.

Other news

Agrokor
Extraordinary Administration Procedure closed, Agrokor erased from Court Registry
13. Oct 2022.
Pursuant to the published final ruling of the Commercial Court of Zagreb, the Extraordinary Administration Procedure in Agrokor has been closed and Agrokor d.d. has been erased from the Court Registry. With its Ruling dated 19th July 2022 the Commercial Court of Zagreb has established that with the legally effective amalgamation of 46 non-viable companies…
Agrokor
NOTICE TO AGROKOR’S IMPAIRED CREDITORS WHO FAILED TO SUBMIT KYC FORM: The cancellation of Strips of New Instruments
07. Apr 2020.
We make reference to the Settlement Plan of Agrokor d.d. et al as confirmed by the Commercial Court of Zagreb on July 6th 2018. Impaired Creditors who were entitled to receive the New Instruments under the Settlement Plan, i.e. New Instruments Beneficiaries, were according to the Article 19.2.3 of the Settlement Plan obliged to submit…
Agrokor
IMPORTANT NOTICE TO AGROKOR’S IMPAIRED CREDITORS: Instructions to receive the New Instruments
18. Mar 2020.
We make reference to the Settlement Plan of Agrokor d.d. et al as confirmed by the Commercial Court of Zagreb on 6 July 2018. In order to receive the New Instruments in accordance with the Settlement Plan, all Impaired Creditors who are entitled to receive the New Instruments under the Settlement Plan must validly complete…