Банкеръ Weekly

Briefs

A NEW TRUSTEE IN BANKRUPTCY APPOINTED TO BALKAN AIRLINES

On November 21, the court appointed Stanislav Georgiev Lyutov temporary trustee in bankruptcy of the failed national air-carrier Balkan Airlines. The decision can be appealed within seven days, but it is subject to immediate implementation. A general meeting of the Balkan's creditors has been scheduled for November 27, when a second permanent trustee in bankruptcy is to be appointed. On November 19, the lawyer from Varna Galin Kostov handed in his resignation as Balkan's second trustee in bankruptcy.

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