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Newly established "Alfa Capital" is the purchaser of 47.5% of the shares of the distributor formerly owned by "Oil hodling" 9 Dec 2013
War "Petrol Holding" is definitely not a blitzkrieg. It is slow, versatile and consistent as chess. And for some moves is difficult to say whether mistakes or illogical strategic sacrifices, giving long-term advantage. At least this is the last episode of the ongoing four years now battle for dominance weighing id over the group. This week quite curious subsidiary of the Holding submit an application to the court to declare weighing id the owner in default and in the opening of insolvency. And for two days already holding a temporary trustee. However, before you decide that the battle between the two camps - on the one hand, shareholder Mitko Subev supported by the main creditor of "Petrol" - Corporate Commercial Bank and other shareholders Denis Ershov and Alexander Melnik, enter their finale, let me calm that is not so. Rather, an application for bankruptcy, which comes from the team of Ershov, aims to stop emptying the holding of content began last fall and is intensified at the beginning weighing id of the year and give them information on what is happening in it. Claim bankruptcy pace is definitely iznendavasht. March 18 "Oil weighing id Holding", managed by the team of Ershov) notify its subsidiaries - "New weighing id Co Zagora", represented by the former CEO of fuel distributor "Petrol", Tsvetan Dimitrov, it is in a difficult situation and you can already required to pay duty on it. Therefore advises holding weighing id company to take any action deemed necessary to pay the loans back. He is equivalent to about 19 million lev and was granted by the "New Co Zagora" holding back in 2007 On March 19, "New Co Zagora" already works. Sends a request to the Stara Zagora District Court, requesting that the court declare "Oil Holding" insolvent by the end of 2009, to open insolvency proceedings and appoint a temporary trustee weighing id proposed by him. In addition to applying for suspension of seven executive actions through which hitherto opposing camp experience through private bailiffs to transfer various assets of the holding company, under its control. On March 20, the creditor's petition has already been approved by the court. The provisional liquidator is appointed, and the enforcement cases have stopped, the decision may be appealed. and benefits so one side in the war for "Petrol Holding", namely camp Ershov finally will have practical access to the records of the holding by the provisional receiver. And by stopping enforcement cases currently able to keep part of the head to the other assets of the holding camp. Paper camp Ershov get access to "Oil Holding" on 13 November 2013, when a judgment statutes and management of the holding were replaced. Although Ershov weighing id and enter into the management of the holding formal, weighing id in practice this does not happen. Meanwhile, the most valuable weighing id assets weighing id of the holding one by one began to "disappear" from the balance of "Petrol Holding." First, remove the key asset - fuel distributor "Petrol". "Disappearance" was done by realizing security in enforcement cases against "Petrol Holding" because of arrears. So as collateral shares in fuel distributors were transferred close to the owner of the CCB Tsvetan Vasilev companies. Since "Petrol" is a public company, the shares were sold on the stock exchange by a bailiff, and transactions on the exchange are irrevocable. However, it is now March 20, Stara Zagora Court ruled suspension weighing id of enforcement cases in which these shares were bet. Whether the suspension will have any effect on the claimants is unpredictable, even to get to the actual announcement of holding bankrupt long before the transfer of the shares of "Petrol" and thus not spoiling the deal with a possible claim aside. Creditor "New Co Zagora" requested the suspension and other executive actions precisely in order to reverse or prevent the realization of the underlying assets in them that are probably holding back shares in its subsidiaries. His application was understandable after after transaction "Petrol" followed and attempted transfer of other valuable weighing id assets "Petrol Holding" such as "Spa Pomorie", "Casino" - Varna and "Transcard Financial Services," which card operator has a license under the brand "Transcard." In January there were three companies attempt to