Bucharest Appeal Court decided yesterday, with a definitive decision, to diminish the amount GMG Media Box holds Realitatea Media in debt for. GMG Media Box, controlled by Cozmin Gusa and Maricel Pacuraru, has to recover RON 11,8M (around Euro 2,6M) from Realitatea, compared to the previous amount claimed, that was of RON 70,9M.
The juridical action related to the value of the debt was initiated by E-Boutique KFT, company controlled by Elan Schwartzenberg, former owner of the Romanian news TV.
According to a press release issued by Piperea si Asociatii law firm, legal representatives of E-Boutique KFT, “the instance admitted the exception of tardy in formulating debt declarations by the creditor GMG Media Box S.A., through the demands 81/03.05.2012 and 98/31.05.2012”.
Moreover, E-Boutique KFT returns on the main list of creditors from Realitatea Media.
Translation provided by AdHuggerCarmen Maria Andronache carmenpaginademedia.ro