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According to information we have received, the High Court is expected to rule on the forced liquidation this week. We expect Teis to be removed as liquidator — which would render today's bankruptcy ruling, and his opposition to reconstruction, null and void.

It is also worth noting that today's decision-making process in court included an analysis of articles from Børsen. :)

That said, I must again emphasise that we will not comment on the decision itself. A strong appeal is coming, and our arguments are solid. Unfortunately, the judge did not appear to understand how a promissory note operates — but we will respectfully address that on the record.

We continue.

May 11
at
12:07 PM
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