Assignment of liability action
VICENZA COURTBANKRUPTCY PROCEEDINGS 143 2019Transfer of the liability action promoted by the Bankruptcy Trusteeship no 143 2019 still pending against some former directors as well as other parties deemed responsible for the bankruptcy With reference to the Single Lot above it is specified that The proceeding has been opened Civil Case no 3417 2021 R G at the Court of Venice Specialized Section in Business Matters It is also specified that the successful tenderer must comply with the following conditions A The payment of the price balance of 700 000 00 or any higher amount determined as a result of the auction must take place at the latest at the same time as the act of transfer of the liability action regardless of the subsequent outcome of the case B The successful tenderer must recognize an earn out to the Bankruptcy if the proceeds of the action defined in court or in a settlement exceed 1 3 million euros C The payment of such earn out must occur when the relative sums are definitively collected regardless of whether by virtue of an irrevocable judgment or a settlement with the counterparties or part of them in an amount equal to 40 of the sums exceeding the aforementioned limit of 1 3 million euros with the successful tenderer committing to make the relative payment within 48 hours of receiving the sums themselves Auction starting price 700 000 00Minimum auction increase 15 000 00ASYNCHRONOUS TELEMATIC SALE PROCEDURE possibility of receiving telematic offers pursuant to art 24 of Ministerial Decree 32 2015 on the portal www venditegiudiziarieitalia itTelematic offers must be received by the offer submitters no later than 12 30 on 14 10 2024 by sending them to the Minist
