Bankruptcy proceedings

Devín banka a.s.

Bankruptcy proceedings were announced by a resolution of the Regional Court in Bratislava of 28.9.2001, case number 3 K 297/00.

Bankruptcy trustees: JUDr. Radoslav Hajdúch.
Special administrator: Ing. Vladimír Litvaj.
Creditors’ committee

members: Deposit Protection Fund (Council Chairman)
The Ministry of Finance of the Slovak Republic
Tax Directorate – Tax Office for Selected Tax Entities, Bratislava – membership expired
substitutes: Slovenská záručná a rozvojová banka, a.s.
Slovenská poisťovňa, a.s. (Slovak Insurance Company)
Burza cenných papierov v Bratislave, a.s. (Bratislava Stock Exchange)

The receivable registered by the Fund in the amount of EUR 394,174,037 was recognized by the insolvency administrator at the exploratory hearing on 15 October 2003 as a 1st class receivable, later updated by the Fund by supplementing the insolvency application to EUR 385,931,792.32.

Status of bankruptcy proceedings

The final schedule of the proceeds of the bankruptcy estate was published on 10.10.2019 in the Business Gazette number 196/2019. On 30 January 2020, the Supreme Court of the Slovak Republic ruled on the appeals lodged against the final schedule by dismissing them as unfounded. On 13 February 2020, the Resolution of the National Council of the Slovak Republic under the case number K013808 was published in the Business Gazette, thus making the schedule resolution legally enforceable. The DPF’s claim was satisfied by the bankruptcy trustee in February 2020 in the amount of EUR 44,456,882.93 (after deducting the transfer fee of EUR 6, an amount of EUR 44,456,876.93 was transferred to the account), which represents 11.52% – satisfaction of this claim.

The bankruptcy trustee was settling the receivables until the end of 2020. The outstanding funds amount to EUR 1,957,485.03, consisting of receivables against the bankruptcy assets of one company, which is suing the bankruptcy trustee, and receivables from creditors who have not collected the amount designated to settle their claim. The financial amount intended for these creditors was deposited in a notarial custody.

After the legally enforceable termination of the legal dispute conducted as part of this bankruptcy proceedings, the Regional Court in Bratislava will decide on the termination of the bankruptcy proceedings and dismissal of the administrators and subsequently submits a proposal to remove the company from the Companies’ Register.

+421 2 5443 5444

+421 2 5443 2570

fov@fovsr.sk