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BIOFARM S.A. - BIO

Litigations

Release Date: 12/4/2019 4:50:46 PM

IRIS Code: 89AD0

 Biofarm output number: 1563/04.12.2019

 

 

CURRENT REPORT

according to the F.S.A. Regulation No. 5/2018

Date of the report: 04.12.2019

 

Name of the Commercial company: BIOFARM S.A.

Registered office: Bucharest, str. Logofatul Tautu, nr. 99, sector 3

Telephone No.: 021/301.06.87

Fax No.: 021/316.52.48

Website: www.biofarm.ro

Unique registration code: RO 341563

Order No. with the Trade Register: J40/199/1991

Fully paid-up share capital: lei 98,537,535

Market on which company securities are traded – Bucharest Stock Exchange, BIO symbol

          

Important events to report:

 

Disputes in which the company is involved

The Board of Directors of BIOFARM S.A. informs the shareholders regarding the disputes below with hearings in November 2019:

 

 

 

 

FILE NO.

PARTIES

COURT

STAGE

OBJECT

REMARKS

 

 

CURRENT TRIAL DATE

 

NEXT TRIAL DATE

1

4962/114/2010

 

 

 

 

 

 

 

 

Relad International S.R.L.- Debtor

 

Biofarm – Creditor

Dolj

Court of Law

 

 

 

 

 

 

Fund

 

 

 

 

 

 

 

 

Insolvency proceedings

 

 

 

 

 

 

 

Biofarm S.A. is registered in the debtor‘s claims table with the amount of lei 199.525,73, being an unsecured creditor.

 

 

 

 

At the hearing of 06.11.2019, the court postponed the case for the date of 05.02.2020, to continue the procedure.

 

 

05-02-2020

2

9756/3/2019

(ex 47535/3/2017)

 

 

 

 

 

 

 

 

 

 

 

 

Romvent Engineering - Plaintiff

 

Biofarm – Defendant

 

 

 

 

 

 

 

 

 

Court of Law of Bucharest Municipality

 

 

 

 

 

 

 

 

 

 

 

Appeal

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Action to ascertain (termination of contracts)

 

 

 

 

 

 

 

 

 

 

 

The dispute concerns the ascertain of the termination of some contracts concluded between the Claimant and Biofarm S.A., ordering Biofarm S.A. to pay the amount of 196.153,22 Euro (plus penalties of 0.15% per day until full payment) and the registration of mortgage tier I on the Biofarm’s facility in Bucharest, Gura Badicului Street no. 202-232.

Solved on the merits in favor of Biofarm S.A.

At the trial date of 07.11.2019 the court postponed the case for 05.12.2019, setting the objectives for the expertise in constructions and installations for constructions, also appointing the experts.

05-12-2019

3

10873/3/2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Romvent Engineering - Plaintiff

 

Biofarm – Defendant

Neovent Invest – Defendant

 

 

 

 

 

 

 

 

 

 

 

Court of Law of Bucharest Municipality

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Merits

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Disputes with professionals

(claims)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The court will rule on:

- Obliging Biofarm to pay the sum of 24.338 Euro plus VAT, plus damages of 0.15%/day of delay, representing the unpaid rest related to the Contract no. 185/06.11.2013;

- Obliging Biofarm to pay the sum of 230.000 Euro plus VAT plus legal interest, representing the value of additional works provided by Romvent;

- Obliging Biofarm to pay the amount of 200.000 Euro representing material damages for the alleged violation of the confidentiality agreement in art. 9 of the Contract no. 15/06.11.2013.

At the trial deadline of 08.11.2019 the court postponed the case for 17.01.2020, in order to administer the evidence with the defendant's interrogation.

07-01-2020

4

32202/3/2018

 

 

 

 

 

 

Servelectro Integral S.R.L.- Debtor

 

Biofarm – Creditor

Court of Law of Bucharest Municipality

 

 

 

Merits

 

 

 

 

 

 

Insolvency proceedings

 

 

 

 

 

Biofarm S.A. is registered in the debtor’s list of creditors with the amount of lei 333.739 lei, being an unsecured creditor.

 

 

At the trial date of 29.11.2019 the court of law postponed the case for the date of 22.05.2020, in order to carry out the reorganization plan.

22-05-2020

 

B.D. CHAIRMAN                  

HREBENCIUC Andrei 

 



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