RE: Court update4 Jul 2020 09:48
it looks like an inverse double whammy in our favour to me... regardless of whether it’s ‘the’ bank guarantees we’re waiting to be cancelled... (which i think it is)... it’s ‘a’ bank guarantee that is instructed to be cancelled... plus those listed creditors are to be removed from the jrp claims account having been paid already... so as we don’t pay them again... twice... 2 bits of great news in one... i’m going to post the preceding text that you’re extract is an extension of... as it gives a fuller appreciation of the context...
regarding the payments made to the executors listed below... even if the amounts released came from a (bank account?) blockade carried out in the accounts of the jointly executed company... due to the recognition of an economic group... but so that there is no unjust enrichment of the parties included in the said list... the court of first instance of the judicial reorganization on such payments is briefly advised to proceed with the amortization of the amounts or exclusion of the list of creditors presented by zamin in the judicial reorganization process...
also... officiate... the banking institution indicated in petition id a32c636... to proceed immediately with the cancellation of letter of guarantee no.180010317... which had been presented by the defendant... but which was not accepted by the court...