Leasing leader TFL declared bankrupt with zl.200 mn in debts
A Wroclaw court has declared Towarzystwo Finansowo-Leasingowe (TFL), a
leader in the domestic leasing industry, bankrupt, as the company has ceased
to repay its debts exceeding zl.200 million. Its creditors include the
Treasury Ministry, Bank Zachodni, BGZ, BRE, and some 1,700 other subjects.
Jaroslaw Krzan, a receiver acting on behalf of TFL, said that after an
inventory of assets has been drawn up the company would be sold. He said
that TFLs employees would be first to be compensated, followed by select
debt holders, the tax authorities and the Social Insurance Company (ZUS).
Unofficially, it is believed that the leasing company might fail to come up
with about zl.90 million to pay off creditors. (Puls Biznesu, p. 4) M.S.-C.
