{"id":5871,"date":"2019-07-22T15:41:10","date_gmt":"2019-07-22T13:41:10","guid":{"rendered":"http:\/\/pmr-restrukturyzacje.local\/pmr\/sanacja-uratowala-yamo\/"},"modified":"2019-07-22T15:41:10","modified_gmt":"2019-07-22T13:41:10","slug":"sanation-saved-yamo","status":"publish","type":"post","link":"https:\/\/pmrsa.pl\/en\/sanation-saved-yamo\/","title":{"rendered":"Sanitation saved the Yamo"},"content":{"rendered":"<p>The computer company YAMO will survive through restructuring. The arrangement was supported by almost all creditors.<\/p>\n<p>When we asked representatives of companies involved in corporate restructuring at the end of last year about successful repairs, it was difficult for them to provide even one obvious example. <a href=\"https:\/\/pmrsa.pl\/en\/restructuring-as-a-way-to-deal-with-the-problems-of-local-government-companies\/\"  data-wpil-monitor-id=\"193\">PMR Restructuring Company<\/a>, who was the manager in the restructuring of Yamo, a company distributing computer hardware and software.<\/p>\n<p>Yamo has been operating on the Polish market for 25 years. The company started with little of its own and a lot of enthusiasm. At first it sold computer hardware, then it changed its profile to distribution. It was successful. Its annual turnover reached EUR 30 million. However, the crisis in the computer industry caused it to fall into the <a href=\"https:\/\/pmrsa.pl\/en\/seniors-hide-financial-problems\/\">financial difficulties<\/a>. The debt amounted to several million zlotys. <a href=\"https:\/\/pmrsa.pl\/en\/what-ideas-do-companies-have-to-survive-the-crisis\/\"  data-wpil-monitor-id=\"345\">The company decided to take advantage of the opportunity to survive<\/a>, which is provided by the restructuring law. In September 2016, the commercial division of the District Court for Wroc\u0142aw-Fabryczna opened <a href=\"https:\/\/pmrsa.pl\/en\/the-remedial-action-is-a-response-to-the-crisis\/\"  data-wpil-monitor-id=\"1607\">sanitation proceedings<\/a> Yamo. The administrator was the law firm <a href=\"https:\/\/pmrsa.pl\/en\/pmr-announcement-restructuring-sa-3\/\"  data-wpil-monitor-id=\"1608\">PMR Restructuring<\/a>. The list of receivables was approved in September 2017, and the vote on the arrangement took place at the end of 2018. The process therefore lasted less than three years. The arrangement adopted at the creditors&#039; meeting at the end of 2018 was approved by the District Court for Wroc\u0142aw-Fabryczna in June. However, we do not know its details. We do know that the proposals contained in it are closely related to the company&#039;s results. It ensures that creditors will settle their due payments depending on the level of turnover and revenue that the company will be able to achieve.<\/p>\n<p>It is worth mentioning that in the final vote, in which the consent of creditors representing two-thirds of the total claims is required, almost all of them voted in favour of the arrangement (100 per cent of the creditors in Groups I and IV, 87.33 per cent in Group II and 96.34 per cent in Group III).<\/p>\n<div class=\"ramka1\">\u2013 Such high support shows that creditors are very aware that the alternative <a href=\"https:\/\/pmrsa.pl\/en\/13-steps-to-successful-restructuring-why-13\/\"  data-wpil-monitor-id=\"105\">effective restructuring<\/a> is bankruptcy, which would not allow for the satisfaction of their claims to the same extent as the arrangement \u2013 says Ma\u0142gorzata Anisimowicz, President of PMR Restrukturyzacje.<\/div>\n<p>Jacek Mo\u0144ko, CEO of Yamo, does not regret the decision he made three years ago <a href=\"https:\/\/pmrsa.pl\/en\/quick-repair-opportunity-for-companies\/\"  data-wpil-monitor-id=\"2012\">repair company<\/a>.<\/p>\n<div class=\"ramka1\">\u2013 We are getting out of trouble, although we lost many suppliers because we had no money for purchases. Some customers also left. <a href=\"https:\/\/pmrsa.pl\/en\/instead-of-bankruptcy-restructuring\/\"  data-wpil-monitor-id=\"560\">However, restructuring saved us from bankruptcy.<\/a>. We are weaker, but the most important thing is that we survived \u2013 says Jacek Mo\u0144ko.<\/div>\n<div class=\"stopka1\"><b>The material appeared in the newspaper Puls Biznesu:<\/b><img decoding=\"async\" src=\"\/wp-content\/uploads\/2023\/07\/pbpl.png\" title=\"\">10 July 2019:<a class=\"alink\" href=\"https:\/\/www.pb.pl\/sanacja-uratowala-yamo-965512\" target=\"_blank\" rel=\"noopener\">\" Sanitation saved Yamo<\/a><\/div>","protected":false},"excerpt":{"rendered":"<p>Sp\u00f3\u0142ka YAMO dzia\u0142aj\u0105ca w bran\u017cy komputerowej przetrwa dzi\u0119ki restrukturyzacji. Uk\u0142ad poparli niemal wszyscy wierzyciele. Kiedy pod koniec ubieg\u0142ego roku pytali\u015bmy [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[19],"tags":[],"ppma_author":[30],"class_list":["post-5871","post","type-post","status-publish","format-standard","hentry","category-blog"],"authors":[{"term_id":30,"user_id":12,"is_guest":0,"slug":"teampmr-restructuring-pl","display_name":"Zesp\u00f3\u0142 PMR","avatar_url":{"url":"https:\/\/pmrsa.pl\/wp-content\/uploads\/2024\/10\/logo2-e1729926426335.png","url2x":"https:\/\/pmrsa.pl\/wp-content\/uploads\/2024\/10\/logo2-e1729926426335.png"},"author_category":"","first_name":"Zesp\u00f3\u0142 PMR","last_name":"","user_url":"","job_title":"","description":""}],"_links":{"self":[{"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/posts\/5871","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/comments?post=5871"}],"version-history":[{"count":0,"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/posts\/5871\/revisions"}],"wp:attachment":[{"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/media?parent=5871"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/categories?post=5871"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/tags?post=5871"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/ppma_author?post=5871"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}