“This is a manifestation of blatant arrogance and negligence in managing the assets of a bankrupt bank.” Legal counsel assesses the actions of the Getin Noble Bank trustee

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“This is a manifestation of blatant arrogance and negligence in managing the assets of a bankrupt bank.” Legal counsel assesses the actions of the Getin Noble Bank trustee

If this ruling is upheld by the Supreme Administrative Court (NSA), it will trigger an avalanche of claims for damages from various groups of creditors associated with Getin Noble Bank S.A., who suffered as a result of the defective decision on compulsory restructuring. This applies to, among others, borrowers with contracts linked to foreign currencies, bondholders and shareholders of the bank - says Beata Strzyżowska, legal counsel and founder…