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Croatia: New Trial for Pre-Bankruptcy Settlement

Published: September 6, 2013; 18:14 · (Vindobona)

Croatia giving fourth chance to reach pre-bankruptcy settlement.

Croatia: New Trial for Pre-Bankruptcy Settlement / Picture: © Flickr

The Croatian government on Thursday passed a regulation introducing into the law on financial operations and pre-bankruptcy settlement changes that were expected to facilitate pre-bankruptcy settlement proceedings and increase the number of saved companies, raising the number of pre-bankruptcy settlement attempts from three to four.

Finance Minister Slavko Linic said 4,932…

This article includes a total of 73 words.

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