Division (61)

As far as CET Govora is concerned, the specific constraints of this creditor need to be taken into account: a MEO acting in the situation of CET Govora would have considered the absence of proceeds in both liquidation and Reorganisation plan; it would have balanced the risk of increasing its exposure on Oltchim SA in the Reorganisation plan with the very special circumstances at stake for its own survival due to its large interdependence with Oltchim (larger than Salrom's one). Therefore that MEO may have favoured the Reorganisation plan.