Hearing postponed for the third time: About Jakić on October 18

The hearing where the creditors were supposed to declare about the innovative reorganization plan of Vektra Jakić in bankruptcy was postponed to October 18 yesterday, after the lawyers of OTP Bank requested the disqualification of the judge and president of the Commercial Court in Bijelo Polje, Zoran Ašanin and Muzafer Hadžajlić. This is the third time that the adoption of the reorganization plan of the company of Binisman Dragan Brković has been postponed.

OTP's lawyer Filip Jovović said that one of the reasons why they asked for an exemption was that the claims of Vektra Nord, which purchased the workers' debts, were classified as priority.

Legal representatives believe that this debt cannot be classified as priority because it is no longer about workers' claims, and one of the criticisms of the court's work is that it allowed workers' claims to be bought by Vektra Nord and that they were not given the opportunity to appeal.

Previously, the legal representatives requested that the reorganization plan of Vektra Jakić be harmonized with the reorganization plan of Vektra Montenegro in bankruptcy, which is the founder of the Pljeval company. They also requested that the procedure for adopting the reorganization plan of Vektra Jakić be suspended until the procedure being conducted in Vektra Montenegro is resolved, but the judge rejected their request.

The Court of Appeal recently confirmed the decision of the Commercial Court in Bijelo Polje, which contested the claims of OTP, and Jovović announced that he would appeal to the Supreme Court.

Jovović recently said that OTP Bank will file a lawsuit in international courts if the debt problem of Vektra Jakić is not resolved soon, and OTP Bank "continues to be illegally harassed and discriminated against".

Jovović pointed out that before deciding on international arbitration, he will exhaust all legal means in Montenegro.

He said that the law and interstate agreements protect foreign investors if it is confirmed that their capital is threatened, in this particular case the interstate agreement between Hungary and Montenegro.

The Hungarian OTP would ask for compensation in the amount of about 77 million euros, which it claims from Vektra Jakić in the name of the unpaid loan.