Mar 17 • 16:17 UTC 🇪🇪 Estonia ERR

The court has accepted the bankruptcy application of the Tartu credit union

The Tartu court has accepted the bankruptcy application of the Tartu credit union, appointing a temporary insolvency administrator to assess the situation.

The Tartu District Court has officially commenced proceedings regarding the bankruptcy application of the Tartu credit union, appointing attorney Tarmo Peterson as the temporary insolvency administrator. Peterson is required to submit a written report to the court by May 4, detailing the reasons for the credit union's insolvency. The court's decision is still preliminary and can be contested by involved parties.

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