oceansix future paths Ltd. Announces Filing for Debt Settlement under Israeli Insolvency and Financial Rehabilitation Law
oceansix Future Paths has received court approval for its Request to Approve a Debt Settlement filed with the Tel Aviv District Court under Israeli Insolvency and Financial Rehabilitation Law. The company has issued a formal notice inviting creditors to submit debt claims by January 19, 2025 if they are not mentioned in Form 1 or dispute their listed debt amount. Any parties who may be harmed by the proposed debt arrangement must submit objections by January 5, 2025. The proceedings are taking place under Insolvency Case 73920-11-24 before Judge H. Brenner.
oceansix Future Paths ha ricevuto l'approvazione del tribunale per la sua Richiesta di Approvazione di un Accordo di Debito presentata presso il Tribunale Distrettuale di Tel Aviv secondo la Legge Israeli sulla Insolvenza e Riabilitazione Finanziaria. L'azienda ha emesso un avviso formale che invita i creditori a presentare richieste di debito entro il 19 gennaio 2025 se non sono menzionati nel Modulo 1 o contestano l'importo del debito elencato. Qualsiasi parte che potrebbe essere danneggiata dall'accordo di debito proposto deve presentare obiezioni entro il 5 gennaio 2025. Le procedure si svolgono nell'ambito del Caso di Insolvenza 73920-11-24 davanti al Giudice H. Brenner.
oceansix Future Paths ha recibido la aprobación del tribunal para su Solicitud de Aprobación de un Acuerdo de Deuda presentada ante el Tribunal de Distrito de Tel Aviv bajo la Ley Israelí de Insolvencia y Rehabilitación Financiera. La compañía ha emitido un aviso formal invitando a los acreedores a presentar reclamaciones de deuda antes del 19 de enero de 2025 si no están mencionados en el Formulario 1 o disputan el monto de la deuda listado. Cualquier parte que pueda verse perjudicada por el acuerdo de deuda propuesto debe presentar objeciones antes del 5 de enero de 2025. Los procedimientos se llevan a cabo bajo el Caso de Insolvencia 73920-11-24 ante el Juez H. Brenner.
oceansix Future Paths는 이스라엘의 파산 및 재정 재활 법률에 따라 텔아비브 지방법원에 제출된 채무 정산 승인을 위한 요청에 대해 법원의 승인을 받았습니다. 회사는 채권자들에게 2025년 1월 19일까지 채무 청구서를 제출하라고 공식 통지를 발송했습니다. 이는 양식 1에 언급되지 않거나 기재된 채무 금액에 이의가 있는 경우에 해당합니다. 제안된 채무 조정으로 인해 피해를 입을 수 있는 당사자는 2025년 1월 5일까지 이의를 제기해야 합니다. 절차는 H. 브레너 판사 앞에서 파산 사건 73920-11-24에 따라 진행되고 있습니다.
oceansix Future Paths a obtenu l'approbation du tribunal pour sa Demande d'Approbation d'un Accord de Dette déposée auprès du Tribunal de District de Tel Aviv en vertu de la Loi Israélienne sur l'Insolvabilité et la Réhabilitation Financière. L'entreprise a émis un avis formel invitant les créanciers à soumettre des demandes de créance avant le 19 janvier 2025 s'ils ne sont pas mentionnés dans le Formulaire 1 ou contestent le montant de leur dette répertorié. Toute partie pouvant subir un préjudice en raison de l'accord de dette proposé doit soumettre des objections avant le 5 janvier 2025. Les procédures se déroulent dans le cadre du Cas d'Insolvabilité 73920-11-24 devant le Juge H. Brenner.
oceansix Future Paths hat die Genehmigung des Gerichts für seinen Antrag auf Genehmigung eines Schuldenvergleichs erhalten, der gemäß dem israelischen Insolvenz- und Finanzrehabilitierungsgesetz beim Bezirksgericht Tel Aviv eingereicht wurde. Das Unternehmen hat eine formelle Mitteilung an die Gläubiger herausgegeben, in der sie eingeladen werden, bis zum 19. Januar 2025 Schuldenforderungen einzureichen, falls diese nicht im Formular 1 erwähnt sind oder den angegebenen Schuldenbetrag bestreiten. Alle Parteien, die durch den vorgeschlagenen Schuldenvergleich geschädigt werden könnten, müssen bis zum 5. Januar 2025 Einwände erheben. Die Verfahren finden im Rahmen des Insolvenzverfahrens 73920-11-24 vor Richter H. Brenner statt.
- None.
- Company has filed for insolvency and debt settlement
- Financial distress indicated by need for debt restructuring
- Potential impact on shareholder value due to insolvency proceedings
Tel Aviv, Israel--(Newsfile Corp. - December 20, 2024) - oceansix Future Paths Ltd. ("Oceansix" or the "Company"), announces that its Request to Approve a Debt Settlement filed with the Tel Aviv District Court in Israel pursuant to the Israeli Insolvency and Financial Rehabilitation Law, 5778-2018, previously announced on November 28, 2024, has been approved by the Court. In furtherance thereof the Company wishes to publish the following Notice:
| In the District Court Tel Aviv-Yafo | Insolvency Case 73920-11-24 Before Hon. Judge H. Brenner | ||
In the matter of: | The Insolvency and Economic Rehabilitation Law, 2018 | "Insolvency Law" | |
And in the matter of: | Oceansix Future Paths Ltd., Company No. 514090026 | "The Company" | |
And in the matter of: | The Official Receiver for Insolvency and Economic Rehabilitation - Corporate Department | "The Official Receiver" | |
And in the matter of: | The Israel Securities Authority | "The Authority" | |
Notice Regarding Filing of Debt Arrangement Approval Motion and Invitation to Submit Debt Claims
According to the decision of the Tel Aviv-Yafo District Court (Hon. Deputy President Judge H. Brenner) dated December 19, 2024, notice is hereby given that Oceansix Future Paths Ltd., Company No. 514090026 (hereinafter: "the Company") has submitted to the aforementioned Court a motion for approval of its proposed debt arrangement (hereinafter: "the Motion") within the framework of Insolvency Case 73920-11-24.
Any creditor claiming a debt from the Company who is not mentioned in Form 1 attached to the Motion, and/or who disputes the amount of debt owed to them as detailed in said Form 1, must submit a debt claim to the Company within 30 days from the date of publication of this notice, namely by January 19, 2025 at 5:00 PM (Israel Time), by submitting it to the Company's legal representatives whose details are below.
Any person or other entity who believes they may be harmed by the proposed debt arrangement must submit their objection to the Motion within 14 days from the date of publication of this notice, namely by January 5, 2025 at 5:00 PM (Israel Time), by submitting it to the Company's legal representatives whose details are below.
A copy of the Debt Arrangement Approval request and additional details can be obtained by contacting the law firm of Gornitzky & Co., representing the Company, by phone - 03-7109191 or by email at lironka@Gornitzky.com, Galm@Gornitzky.com.
Amnon Biss, Adv.
Gornitzky & Co.
Company's Legal Representatives
About oceansix
For further information about oceansix, please contact:
Elad Hameiri, CEO | +34 673 435 571 oceansix future paths Ltd
Disclaimers
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the TSX Venture Exchange's policies) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/234819
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