The insolvency administrator of the supplier of domestic solar power plants of Energetický holding Malina denied claims worth 122 million crowns, claimed by the unknown Chinese company Haikou Longhua Douzhen. This may significantly change the balance of power at the upcoming meeting of Malina’s creditors.
The Chinese company acquired claims against Malina from another Chinese company, Shenzhen Regner Trading, which was supposed to supply Malina with solar panels and other components from China.
“The creditor did not document the delivery of the goods to the debtor. In particular, it was not proven that the goods were delivered in the claimed quantity and quality. Only invoices were documented, which do not prove the delivery of the goods,” stated Malina’s insolvency administrator Rudolf Vinš in the published list of claims.
In the meantime, Malina herself has already stated that she recognizes most of these Chinese claims.
“All the goods have been properly delivered to Malina, and therefore Haikou Longhua Douzhen’s claim is valid and justified. We have a customs declaration for all deliveries. Unfortunately, the insolvency administrator did not have these at his disposal when making his decision. These documents will first be submitted to the insolvency administrator. If Haikou Longhua Douzhen does not convince him of the legitimacy of the claim and the insolvency administrator does not withdraw the denial, the only option is to have the insolvency court confirm the legitimacy of the claims,” Malina co-owner Cyril Regner responded to a question from SZ Byznys.
If the claims are valid, the Chinese company Haikou Longhua Douzhen would become the strongest player in the insolvency. The voting power at the meeting of creditors depends on the size of the claim. One crown equals one vote. No one else claimed a bigger claim than Haikou Longhua Douzhen.
He still has a chance
However, despite the insolvency administrator denying the claim, the Chinese company can still assert its interests. Creditors with denied claims can vote if the creditors’ meeting so decides.
“The court can also intervene. If the creditors’ meeting does not grant voting rights to creditors whose claims have been denied, the insolvency court will decide on the voting rights of these creditors at their proposal,” commented lawyer Bystrík Bugan from the Bugan Legal office.
In such a case, however, the court must receive the proposal no later than seven days before the meeting of creditors. The meeting will take place on Tuesday, October 24.
The main point of the program will be how Malina solves the bankruptcy. The company itself proposes a reorganization. This usually consists in the fact that the debtor regroups his business and continues on. Reorganization should be more beneficial to creditors than bankruptcy.
It is not clear who is behind the Chinese company Haikou Longhua Douzhen. It is also unclear who controls the original Chinese supplier of the Raspberry, called Shenzen Regner Trading. However, the name could indicate a possible connection with Malina’s main shareholder, Cyril Regner. He previously publicly reported to another Chinese company similarly named Shenzen Regner Industrial.
In addition, the Chinese commercial register shows that both Shenzen Regner Industrial and Shenzen Regner Trading have the same identification number. They are also connected by an executive named Tal-fu. This is the name of Regner’s Chinese wife, according to information previously reported by Czech Television.
The case of Energy Holding Malina on the News List
The editors of Seznam Zpráv devote themselves in detail to the case of the photovoltaic company Malina and its impact on clients. More information on the case is available in the following articles.
- The people of Malina transfer their private property
- The police secured half a million crowns in the account of the Malina energy company
- The situation in Malina is getting complicated. The company filed for bankruptcy
- The solar supplier Malina is insolvent. He is looking for an investor, he reassures customers
- At a glance: What Malina’s insolvency means for its customers
- Lawyers from the same address represent Malina and her dissatisfied clients
- The solar companies from Malina are in bankruptcy, the court decided and appointed an administrator
- The fight to influence the insolvency of solar Malina has begun, a “covid” company is also reporting
- Padlá Malina has a creditors’ committee appointed by the court
- Malina’s clients complain about communication and workers. They will not get the full deposits back
- “I hope they rot in hell,” the guild boss beats the fallen solarmen
- Malina’s promises to finish the solar panels can be a shame. He also owes to the mysterious Chinese
- Fallen Malina got a crisis manager, he also handled the fall of OKD for the state
- Malina’s clients pledge their solar panels. The administrator warns against this
- Malina’s new boss extinguishes problems. He will complete the divided orders, see you for the rest
- Padlá Malina offers to complete solar panels, but orders will be a fifth more expensive
- Sluggishness in accounts for tens of millions. Saving the solar Raspberry in danger
- Fallen solar company Malina continues to gamble with money, fears the court and intervened
- The State Attorney’s Office supported a tough procedure against solar Malina
- The court strangled the money conduit from the fallen Malina. Payments were also to go to Libuša Barková
- The administrator of solar Maliny closed the money pipeline to Libuše Barková’s company
- A coup in solar Malina, the Barková team got fired, a man from Zoot takes over