Creditors, Court in Dispute over Mfone Case
A court administrator and creditors who have filed complaints against bankrupt mobile operator Mfone are at loggerheads over whether or not to overturn two injunctions filed against the firm to stop it selling off its assets. “The judges are now considering to drop the injunctions because we cannot delay any more as the price of Mfone’s assets continue to decrease each day,” Ouk Ry, the court- appointed administrator charged with overseeing Mfone’s liquidation proceedings, said yesterday at a meeting with 100 creditors at Mfones shuttered offices on Moniviong Boulevard. ... But those who filed complaints against Mfone say they do not want injunctions the injunctions lifted before the court orders Mfone to pay them what they are owed. ...
http://www.cambodiadaily.com/business/creditors-court-in-dispute-over-mfone-case-18654/
