Damen Netherlands Contests Decision to Change the Mangalia Shipyard Sales Regulation

focuspress.ro

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Damen challenged the judgment of the Constance Court in which the wholesale sale of the functional asset "Mangalia Shipyard" was approved. However, the exercise of the right of appeal does not suspend the enforcement of the judgment and does not, by itself, block the sale proceedings. By Civil Sentence No 1060 of 7 September 2026, pronounced in case No 3753/118/2024, the Constance Court, Section [...]

CursDeGuvernare.ro

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Damen Holding BV, the principal creditor of Damen Mangalia, contests the court's decision to allow the sale of the shipyard to be modified, which means the reduction of the price. On the other hand, trade unionists warn that the admission of the Dutch call would delay the sale of the shipyard, which could lead to the impossibility of the delivery in time of the scheduled ships being [...] Article Damen Netherlands contests the reduction of the s…

PSnews

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The main creditor of the Damen Mangalia, Damen Holding BV, contests the decision of the court to allow the amendment of the procedure of sale of the ship yard. Instead of the six consecutive monthly auctions, with the starting price of 184 million euros, based on the decision of the court, is accepted the decrease of the value to 75%, then 50%, in case of the non-presentation of the bidders. [...] Article Damen Netherlands contests the decision …