{
  "url": "https://openlegislation.uk/eu-decision-2019-1144/annex-TECHNICAL/division-1/division-1.1/division-1.1.1/division-9",
  "json_url": "https://openlegislation.uk/eu-decision-2019-1144/annex-TECHNICAL/division-1/division-1.1/division-1.1.1/division-9.json",
  "legislation": "eudn/2019/1144",
  "legislation_title": "Commission Decision (EU) 2019/1144 of 17 December 2018 on the State aid SA.36086 (2016/C) (ex 2016/NN) implemented by Romania for Oltchim SA (notified under document C(2018) 8592) (Only the Romanian version is authentic) (Text with EEA relevance)",
  "legislation_url": "https://openlegislation.uk/eu-decision-2019-1144",
  "path": "annex/TECHNICAL/division/1/division/1.1/division/1.1.1/division/9",
  "kind": "division",
  "number": "(9)",
  "heading": null,
  "text": "Winterhill (to which R/BDO refer to in their Reorganisation report) computed an ex-situ value corresponding to Oltchim SA's liquidation value in case its assets would have been sold individually, by applying notably standardised ratios on the in-situ value of most of the items forming Oltchim SA's. For instance, in order to compute the ex-situ value of the equipment and installations (estimated at EUR 99,1 million), Winterhill divided by two the in-situ estimate of EUR 198,2 relating to Oltchim's equipment and installations (which represents a significant part of the total in-situ value of Oltchim's assets estimated at EUR 297 million).",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/eudn/2019/1144/annex/TECHNICAL/division/1/division/1.1/division/1.1.1/division/9",
    "retrieved_at": "2026-11-01T15:12:39.012123+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}