Homeplus ‘two weeks of fate’... If there is no change in MBK, Meritz, and government, ‘liquidation’ becomes a reality
⚡ Quick Summary
On March 10th, while Homeplus was undergoing corporate rehabilitation procedures, a Homeplus truck was passing in front of a store in Seoul.
On March 10th, while Homeplus was undergoing corporate rehabilitation procedures, a Homeplus truck was passing in front of a store in Seoul. Reporter Han Soo-bin As the Seoul Rehabilitation Court decided on the 3rd to abolish Homeplus' rehabilitation procedure, the possibility that Homeplus will eventually go through liquidation increased. The reason the court decided to abolish the rehabilitation procedure on this day was, "Although at least about 200 billion won in operating funds is needed to carry out the rehabilitation plan, the company has so far...
🗞️ 3 sources covered this story
Court: “There is no possibility of carrying out the Homeplus rehabilitation plan”… Decision to abolish rehabilitation procedures
한겨레
After the 200 billion won conflict between MBK and Meritz, Homeplus rehabilitation is abolished... mass unemployment crisis
Yonhap[Breaking News] Court decides to abolish Homeplus rehabilitation procedure... “Can be resumed if funds are raised within 2 weeks”
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