PLUSPLUS CAPITAL Announces Summons Regarding Judicial Reorganisation

PlusPlus Capital Financial S.à.r.l. (PPC), a technology-driven receivables management group, has published details about the summons from the Luxembourg District Court concerning its judicial reorganisation procedure (case I-202410014). The organization, operating across the Baltic and Finnish regions, is addressing legal steps taken to restructure its operations.

A summons has been issued, detailing the examination of the reorganisation plan submitted on 16 July 2024. Creditors are informed they can review the plan at the court registry. A hearing is scheduled for 6 August 2024 at the Luxembourg Commercial Court, where creditors can voice their opinions in writing or orally.

The reorganisation impacts both ordinary and extraordinary secured creditors. The summons highlights the importance of creditor participation in the upcoming vote on the proposed reorganisation plan.