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Winding-up proceedings Decision to open winding-up proceedings in respect of MZK Evropa AD (International Insurance Company Evropa plc). Publication made in accordance with Article 14 of Directive 2001/17/EC of the European Parliament and of the Council of 19 March 2001 on the reorganisation and winding-up of insurance undertakings. (2007/C 64/07)

Version 2007-03-20
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Contents
  1. Preamble

Insurance undertaking International Insurance Company Evropa AD (MZK Evropa AD) ul. Slavyanska 29 Sofia Bulgaria Date, entry into force and nature of the decision With the decision of 23.11.2006, the Sofia City Court opened bankruptcy proceedings in respect of MZK Evropa AD. The Court's decision must be executed immediately, regardless of any appeals lodged against it. With this decision, MZK Evropa AD is declared insolvent as of 28.2.2005, bankruptcy proceedings are opened, the insurer is declared insolvent, an insolvency practitioner for the company is appointed, the general foreclosure and sequestration of the property of MZK Evropa AD is ordered, and the liquidation and distribution of the debtor's property included in the bankruptcy assets are ordered to be commenced. The Court's decision is published in State Gazette No 6 of 19.1.2007. There is a two-month period, starting from the date of publication of the decision, during which the creditors of MZK Evropa AD are to address their claims to the company's insolvency practitioner. Competent authorities Sofia City Court Commercial Department, Sixth Division, Sixth Panel bul. Vitosha 2 Sofia 1000 Bulgaria Supervisory authority Financial Supervision Commission ul. Shar Planina 33 Sofia 1303 Bulgaria Liquidator appointed Rozalina Gradinarova-Stoyanova ul. Uzundzhovska 16, 3rd floor Sofia 1000 Bulgaria Applicable law Bulgaria Articles 129-149 of the Insurance Code Articles 607-760 of the Commerce Act

Versions

  1. 2007-03-20