ATHENS – A Greek court of First Instance on Monday rejected a resort by Folli Follie seeking protection from its creditors.
The resort was rejected because Folli Follie included its subsidiary company Finance Luxembourg II SA as a creditor. Following this decision, Folli Follie failed to gather the required by the law creditor agreement percentage and thus the company is not eligible to be included in the creditor protection process.
Folli Follie was seeking precautionary protection with the consent of its subsidiary FF Group Finance Luxembourg II SA, issuer of two bond loans, worth 50.4 and 102.4 million euros, representing 28.69 pct of the company’s debt.
ATHENS - Greece’s capital was throttled Sept.
FALMOUTH, MA – The police in Falmouth have identified the victim in an accident involving a car plunging into the ocean on February 20, NBC10 Boston reported.
Explore articles from the past and connect to your heritage!
Discover the benefits of a subscription including access to exclusive content, events, and more!
Have an idea for a story, or know of an event we should cover? We want to hear about it!
The National Herald is the paper of record of the Greek Diaspora community. Through independent journalism, we bring news to generations of Greek-Americans, with stories on the individual, community and international level. Visit and support our 106 year-old sister publication Εθνικός Κήρυξ.
To purchase a gift subscription, please log out of your account, and purchase the subscription with a new email ID.
Sign up to receive our daily email news briefing.
Sign up for a subscription to The National Herald,
starting as low as $1/week.
and receive more access to The National Herald
View our Terms of Service + Privacy Policy.
and receive more access to The National Herald
View our Terms of Service + Privacy Policy.
We use cookies on our site to personalize your experience, bring you the most relevant content, show you the most useful ads, and to help report any issues with our site. You can update your preferences at any time by visiting preferences. By selecting Accept, you consent to our use of cookies. To learn more about how your data is used, visit our cookie policy.
$1.06 USD
