Polenak Law Firm Advised FOS Asset Management SA

Polenak Law Firm Advised FOS Asset Management SA

Polenak Law Firm assisted FOS Asset Management SA, a Swiss-based investment company, through a specialized fund Global Special Opportunities Ltd, in establishing a cooperation with Feni Industry (in bankruptcy) for processing of nickel ore. Feni Industry is the biggest facility for processing of nickel ore and production of ferronickel in Macedonia, but the company became distressed and was declared bankrupt in November 2017. In the bankruptcy process the creditors tendered an opportunity to operate the plant and maintain the production process.

Polenak Law Firm assisted FOS Asset Management SA, a Swiss-based investment company, through a specialized fund Global Special Opportunities Ltd, in establishing a cooperation with Feni Industry (in bankruptcy) for processing of nickel ore. Feni Industry is the biggest facility for processing of nickel ore and production of ferronickel in Macedonia, but the company became distressed and was declared bankrupt in November 2017. In the bankruptcy process the creditors tendered an opportunity to operate the plant and maintain the production process.