The Polish company has become Cognor SA is looking for protection against bankruptcy

The international financial company ZLOMREX S.A., the unit of the Polish company became Cognor SA, filed a request to the Manhattan court in accordance with the 15th Head of the Code of Protection from bankruptcy. Zlomrex Cognor is now looking for protection against bankruptcy in New York. Cognor SA is a Polish company focused on the processing of steel and wholesale trade in ferrous and non -ferrous metallurgy products.

The application takes into account the transfer of more than $ 100 million on debts and assets. The special forces company forms debt obligations related to the merger of Cognor and reorganization in Europe.

Since 2011, Cognor SA has formed the Capital Group and control 14 branches that produce steel sheets, plates, pipes, rods, a galvanized sheet, as well as aluminum products, copper pipes and non -ferrous products. The company produces decorative elements used in the construction of fences, gates and fences.

15, the head of the Code of Protection from Bankruptcy ensures effective mechanisms for considering cases of the insolvency of companies with the participation of debtors, applicants and interests of other parties. This chapter helps foreign companies, including Zlomrex Cognor, organize claims in the United States, since they contribute to the restructuring of obligations in court outside the United States.

As a result, the British court ordered a vote on January 8 to restructure Zlomrex debt. Currently, 8.5 percent bonds of the company with a maturity in 2014 are traded at 63.81 euros.