Eregli Demir ve Celik Fabrikalari T : EREGL EREĞLİ DEMİR VE ÇELİK FABRİKALARI T.A.Ş.( Lawsuit Against Company or Developments in the Lawsuit Against Company
October 26, 2018 at 11:12 am
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26/10/2018-18:02:46
***EREGL*** EREĞLİ DEMİR VE ÇELİK FABRİKALARI T.A.Ş.( Lawsuit Against Company or Developments in the Lawsuit Against Company )
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English
Lawsuit Against Company or Developments in the Lawsuit Against Company
Update Notification Flag
Evet (Yes)
Correction Notification Flag
Hayır (No)
Date Of The Previous Notification About The Same Subject
27.08.2018
Postponed Notification Flag
Hayır (No)
Announcement Content
Date of Lawsuit
15.04.2010
Notification Date of Lawsuit to Company
21.04.2010
Subject of Lawsuit
Annulment of objection to the bankruptcy
Counterparties of Lawsuit
Enerjia Metal Maden San. ve Tic. A.Ş.
Lawsuit Amount
68.312.520,00 USD
Ratio of Lawsuit Amount to Total Assets Disclosed in Latest Financial Statements of Entity (%)
0,9
Relavant Court and File Number
Ankara 4. Asliye Ticaret Mahkemesi / 2014/734
Trial Date
-
Decision
-
Next Trial Date
-
Amount of Provision in Financial Statements if any
-
Effect to Operations of Company
-
Explanations
It is publicized on 26.08.2011 that upon an application of a company with titled as Enerjia Metal Maden San. ve Tic. A.Ş., a simple order with the form of bankruptcy with the value of 68.411.344,82 USD by the Ankara Enforcement Office 31st has been notified to our company on 29.03.2010 an objection has been duly and timely made by our company against this proceeding on 02.04.2010 the mentioned company has filed an action of bankruptcy with the value of 68.312.520,00 USD (2010/259 E.) against our company to the Ankara Commercial Court of First Instance 7th on 22.04.2010 the court has stated its short decision and rejected the action on 23.06.2011 the justified decision and the petition of appeal of Enerjia Metal Maden Sanayi ve Ticaret A.Ş. have been notified to our company on 25.08.2011. It has been publicized on 21.05.2012 that upon the mentioned petition of appeal, the decision of reversal of judgment of Supreme Court's Chamber 23rd dated 06.04.2012 and E. 2011/2915 K. 2012/2675 has been notified to our attorneys who have been following the case on 18.05.2012. Following the decision of reversal of the judgment taken by the Supreme Court, the file has been sent to Ankara Commercial Court of First Instance 7th and has been given the number 2013/17 Decree. The file has been sent to the Ankara Commercial Court of First Instance 4th on the grounds that the action is one of those which must be conducted by a board within the legal regulations carried out in relation with Commercial Courts. The Court has dismissed the case at the hearing held on September 09, 2015 (2014/734 E.). Decision of the local court has been approved by the Supreme Court 23th Civil Chamber with the decision dated 07.05.2018 and 2017/2657 Docket 2018/2943 decision number. The decision of approval has been notified to our Company on 26.06.2018. Enerjia has applied for revision of the decision. In contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.
www.kap.org.tr/en/Bildirim/715837
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Eregli Demir ve Çelik Fabrikalari TAS published this content on 26 October 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 26 October 2018 15:11:10 UTC
Eregli Demir ve Celik Fabrikalari TAS is a Turkey-based company, which is engaged in the production of iron and steel rolled products, alloyed and non-alloyed iron, steel and pig iron castings, cast and pressed products, coke and their by-products. The Company produces plates, hot and cold rolled, tin, chromium and zinc coated flat steel and supplies basic inputs to automotive, white goods, pipes and tubes, rolling, manufacturing, electrics-electronics, mechanical engineering, energy, heating equipment, shipbuilding, defense, and packaging industries. The Companyâs subsidiaries include: Erdemir Asia Pacific Pte Ltd, Erdemir Celik Servis Merkezi Sanayi ve Ticaret AS, Erdemir Madencilik Sanayi ve Ticaret AS, Erdemir Muhendislik Yonetim ve Danismanlik Hizmetleri AS, Erdemir-Romania SRL and Iskenderun Demir ve Celik AS.
Eregli Demir ve Celik Fabrikalari T : EREGL EREĞLİ DEMİR VE ÇELİK FABRİKALARI T.A.Ş.( Lawsuit Against Company or Developments in the Lawsuit Against Company