UPDATE : Fortis bankruptcy debt deferral

Since we wrote about Fortis being in bankruptcy deferral in November 2017 there have been a number of documents released by the Swiss Official Gazette of Commerce (SOGC) relating to this case (see below).

As we reported in November, the Civil Court of Soleure-Lebern granted Fortis debt deferral in the form of a collocation plan and six months for debt cancellation, ending on May 20, 2018. On March 29, 2018, the document below was issued by the SOGC.

It is an invitation to the creditors’ meeting at 10:00 on Wednesday 2 May, 2018 at Fortis Watches AG, Lindenstrasse 45, 2540 Grenchen, and states that the creditors known to the trustee have separately received invitations. Files relating to this meeting will be available 20 days before the meeting from the administrator’s office i.e. from 13 April, 2018, and will be available for inspection by appointment, until 2 May, 2018.

Categories: Fortis, Industry news, News, watches

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