Conflict over liquidating assets of leading ice-cream producer Augusto

The receiver of ice-cream producer Augusto has put on sale all its assets, which have been valued at zł. 23.7 million. In part this is due to requests from creditors to conclude the bankruptcy proceedings as quickly as possibl e," said Andrzej Oblizajek, representing receiver BLiS TDR. The problem is that 12,500 shop freezers were also put on sale. The right to buy them has been reserved for Kredyt Lease (KL), which previously leased them to August o. The company stopped paying installments two years ago and KL annulled the contract before the bankruptcy was announced and then leased the equipment to Unilever. "We asked the court to exclude the freezers from the proceedin gs two months ago, but the motion has not yet been examined," said KL's dep uty president Tomasz Chiliński. Augusto's debt to KL stands at zł. 10.5 mil lion, while the value of the freezers are zł. 6-7 million. TDR president Ma rek Rowecki assured that if the equipment was sold, it would only be done in agreement with KL. (Puls Biznesu, p. 3) M.M.