The court decides to extend the reorganisation of Nynas for an additional three-month term until 15 June 2020

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Published 20 March 2020
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On 13 December 2019 at 16.01 p.m., the district court of Södertörn granted a petition regarding the initiation of a company reorganisation of Nynas AB (publ) ("Nynas"), whereby Lars Eric Gustafsson and Mikael Kubu were appointed as administrators. Nynas has requested that the reorganisation shall continue for an additional three-month term. On 20 March 2020 the district court decided that the reorganisation shall continue until 15 June 2020. The decision entails that Nynas will continue its business unchanged and that the super priorities issued by the administrators still are in force.

In order to take part of the courts decision that the reorganisation shall continue for an additional three-month term, please click here. In order to take part of Nynas’ request for prolongation and the administrators remarks, please click here and hereFor the request and the remarks in Swedish, please click here and here.

For information to suppliers etc., kindly see below.

The administrators have extended the general super priority right to Nynas suppliers. In order to take part of the latest extension, please click here (publ. 20. March 2020). For the extension in Swedish, please click here (svensk version). For further information to Nynas suppliers, please click here (publ. 16. December 2019), here (publ. 18. December 2019), here (publ. 3. January 2020), here (publ. 13. January 2020), here (publ. 24. January 2020), here (publ. 7. February 2020), here (publ. 20. February 2020) and here (publ. 6. March 2020).

The administrators and Nynas have established a preliminary reorganisation plan. In order to take part of the preliminary reorganisation plan, please click here. For the preliminary reorganisation plan in Swedish, please click here (svensk version).

For notification pursuant to chapter 2 section 13 of the Company Reorganisation Act (1996:764), including further information regarding the reorganisation, please click here.

For examples of media coverage of the reorganisation, kindly see here (article in The Wall Street Journal regarding inter alia the preliminary reorganisation plan), and here, (article in Dagens Industri).

Information regarding the company reorganisation will, going forward, continuously be published at nynas.com, ackordcentralen.se and schjodt.com. Questions will primarily be answered by your ordinary point of contact at Nynas.