The Court Will Decide in the Coming Days Whether to Proceed with the Bankruptcy Proceedings of Tartu Hlü

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The members of the board of the Tartu Savings and Loan Association went to the Tartu County Court on Monday to explain why the association's board has expressed a desire to initiate both reorganization and bankruptcy proceedings at the same time. The County Court is expected to decide in the coming days whether to proceed with bankruptcy proceedings. At the same time, the District Court is considering the association's reorganization application.