Greek court rejects FF Group’s request for precautionary protection from creditors

A Greek court of first instance on Monday rejected a request by Folli Follie Group to seek precautionary protection from its creditors, paving the way to an expected wave of claims by its creditors and bringing the company to a very difficult situation.

Folli Follie has already filed a new request to be submitted under the article 106a of the bankruptcy code.

Source ANA-MPA
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