Creditors of the troubled KVV Liepajas Metalurgs metallurgy company are seriously considering the possibility of filing an insolvency claim against the company, Latvian Economics Minister Arvils Aseradens (Unity) said on the public Latvian Radio on May 6th, cites LETA.
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He said the Economics Ministry was
working on possible scenarios for further actions by the Latvian government
regarding KVV Liepajas Metalurgs. The
scenarios are to be presented to the government on May 17. Until then, the
company’s shareholders can submit their proposals for restructuring of KVV Liepajas Metalurgs.
Aseradens pointed out that KVV Liepajas Metalurgs had been fairly
inactive recently, having suspended practically all operations and laid of…
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