Sunday , July 25 2021

Turkey's biggest concordant in car hire could save



banner404

FLEET important names in the leasing sector FleetCorp FLAT. bankruptcy certificate bankrupt. The court ruled that Fleetcorp Inc. was owed and that the defendant did not succeed and decided to go bankrupt. Turkey's largest FleetCorp car rental The company was the location.
REPAIR IS NOT TO BE SUCCESSFUL
In recent days, the Commissioner noted in a report sent to the court that the decision was made too late that the company was in a short, black pass and agreed, said that success was not possible. On the basis of the Statement of Objections, the Commission delegation sent a supplementary report to the Court and stated a negative opinion in this report.
10 INCLUDING 619 IF THE VEHICLE IS NOT FOUND
Commissioner nominated by Commissioner Fleetcorp uses registers of different brands, models and kilometers of 12 thousand 455 cars, one thousand 836 vehicles. The market value of 455 cars was billed to 361 million TL.
MEETING OF MANAGEMENT MEETS RECEIVERS
The third hearing of Konkordato was held at the Court of First Instance of Istanbul's first commercial policy. Fifteen people participated in the hearing, representing 170 bankers from the bank, involved in creditors, finance, auto insurance, insurance companies, auto lawyers. The company has over 2 billion TL in the market.
THE DEFINITION OF CONFIDENCE IS CRIMINAL
At the hearing, the lawyer of Fleetcorp Inc. claimed that the supplementary report drawn up by the delegation delegation was completely incorrect.
A lawyer who states that the company is a company in the industry since 2001, "10 million TL monthly income, salaried employees have 2 million turnover. The company's brand value is above the debt.
BORCA-SITUATION
The court dismissed Fleetcorp Inc's preliminary statement, dismissed the Commissioner's reward and annulled all injunctions. The court found that Fleetcorp Inc. had been declared bankrupt on 16 January 14, and that the decision had to be notified to the bankruptcy estate. The court considered that Fleetcorp Inc. was heavily charged and that the defendant could not succeed.
WHAT DOES IT WORK?
Fleetcorp Inc., one of the largest fleet leasing sectors, used at the Istanbul Commercial Court last September binding agreements. The court had accepted Fleetcorp, the court appointed a 3-member committee and gave a temporary fear. The company's executives, who claimed to be over € 2 billion in debt, left their jobs. The court also decided not to sell the company's assets during the conciliation procedure. Before the company applied for contracts for some 500,000 resellers sold, but no transfer was made. For this reason, the company suffered a lot of car dealers.
WHAT TO DO NOW?
First, the company bankruptcy file is opened. Creditors, 12 thousand vehicles hostage, mortgages begin to sell. The company's contests will be sold and creditors will begin to pay. At the top of the debt, the company's employees come and pay them first. In this case, other creditors are divided in cash. Creditors, respectively banks, leasing companies and auto companies. The biggest creditors company is the Mercedes company.


Source link