The lawyer for the owners of the walnut kernel processing and exporting company “VILDVAST-PREST” SRL based in Străşeni district said that even if the law on insolvency stipulates a clear legal mechanism, this does not work in the case of his clients as the bailiff refuses to correctly implement the law.
In a news conference at IPN, lawyer Gheorghe Macovei related that the company he represents is under restructuring. The company raised loans from a bank and the creditors accepted a three-year plan to help it overcome the financial difficulties and to avoid insolvency. Contrary to the procedure, the bank started to implement the security contract and to auction the collateral – three apartments – that belongs to third parties. Following stratagems, the company, with the apartments being already sold, risks becoming insolvent and will be unable to overcome this situation.
The lawyer said that another company that secured property to guarantee the loans for “VILDVAST-PREST”, risks remaining without two semitrailers. The bailiff, following the bank’s decision, will come to take and sell the trucks even if the company obeys the restructuring plans accepted by the creditors. The confiscation was put off, but on July 12 the company risks remaining without the trucks. The executory documents were challenged, but the Appeals Court does not want to see what’s really going on.
Lilia Rusu, an associate of “VILDVAST-PREST” SRL, said that after July 12 the employees will remain without jobs and the given company will go bankrupt as it does not have anything else except for the two trucks. “I call on President Maia Sandu. I know you are very busy before the elections, but we ask you to devote attention to the wrongdoings committed in the country, especially in the judicial system. We respectfully invite you to the enterprise. We built the plant with the bank loan and created 200 jobs. We now have about 100 employees who risk being made redundant as the bank intends to make us bankrupt and to abusively dispossess us of property even if we strictly obey the plan, the restructuring procedure. I know that you want Moldova to be prosperous and free from corruption in the judiciary so that the people work at home and pay taxes in our country. That’s why we need your support,” urged Lilia Rusu.
