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Moby, the judge rejects the request for bankruptcy

Milan - The civil court of Milan has rejected the request for bankruptcy of the Moby Group presented by a group of bondholder hedge funds of the company.

Milan - The civil court of Milan has rejected the request for bankruptcy of the Moby Group presented by a group of bondholder hedge funds of the company. However, the judge wished the shipowning group to access a minor crisis procedure, such as debt restructuring, believing that there is currently no state of insolvency, but stressing the possibility in the future - in about a year’s time - of a concrete crisis . The provision was filed in the past few hours.

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