Atrium European Real Estate Limited / FRAMEWORK AGREEMENT WITH ADVOFIN TO RESOLVE AUSTRIAN LEGACY LEGAL DISPUTES

Published: March 22, 2017; 06:48 · (Vindobona)

Atrium European Real Estate Limited (VSE/ Euronext: ATRS) (the "Company" and together with its subsidiaries, the "Group"), announces that its Board of Directors has signed a framework agreement with AdvoFin Prozessfinanzierung AG ("AdvoFin") and Salburg Rechtsanwalts GmbH ("Salburg") that the Company expects to resolve a significant majority of the Austrian legacy issues. The framework agreement marks a transformative step forward in the Company's goal of resolving all of its historic legal issues.

Atrium European Real Estate Limited / FRAMEWORK AGREEMENT WITH ADVOFIN TO RESOLVE AUSTRIAN LEGACY LEGAL DISPUTES / Picture: © Vindobona

 

--------------------------------------------------------------------------------
Disclosed inside information pursuant to article 17 Market Abuse Regulation
(MAR) transmitted by euro adhoc with the aim of a Europe-wide distribution. The
issuer is solely responsible for the content of this announcement.

This article includes a total of 614 words.

or Log In

Fast News Search
Read More
ISIN
JE00B3DCF752