Clear Leisure prepares to file court appeal over Mediapolis theme park

Writer, Stock Market Wire
Friday, February 1, 2019 - 14:10

Clear Leisure said it had been informed that it now had six months to file a court appeal related to its Mediapolis theme park proposal, as opposed to the 60 days previously communicated.

The company said it had in any case already instructed its legal advisors to draft and file the appeal.

Clear Leisure said it had also been notified that, at a court hearing, the creditors list of Mediapolis had been updated to include late admission requests.

The court had admitted further unsecured creditors to the amount of €104,719 and other creditors ranked above unsecured creditors, but below the first charge, for €100,067.

The company's subsidiary, Clear Leisure 2017, as the beneficiary of a first charge on the Mediapolis land up around €2.7m, whilst the company and the subsidiary also held an unsecured creditor position of around €8.21m on Mediapolis.

At 2:10pm: (LON:CLP) Clear Leisure PLC share price was 0p at 0.62p

Related content

Clear Leisure gets loan extensions from Eufingest

Clear Leisure said that Eufingest had agreed to extend repayment of sveral loans from 31 March 2019 to 30 June 2019.

The loans included €50,000...

Fri, 29/03/2019 - 13:57

Clear Leisure reaches court settlement over disputed Italian asset sale

Clear Leisure said it had reached a final court settlement in Italy over a disputed asset sale.

The defendants had agreed to a settlement sum...

Wed, 12/12/2018 - 14:48

Clear Leisure loses Italian court appeal over theme park land

Clear Leisure said it had lost a court appeal in Italy against a decision that refused the assignment of land to the company for the...

Mon, 03/12/2018 - 14:44

Clear Leisure raises capital for legal costs, working capital

Clear Leisure said it had raised £300k from a share issue for working capital and legal costs associated with debt recovery.

New shares in the...

Fri, 16/03/2018 - 13:58

Clear Leisure sees fall bitcoin mining cost

Clear Leisure announce Friday that its partly owned joint venture, Miner One completed testing and the bitcoin mining mobile unit (MMU) is operational.


Fri, 09/03/2018 - 08:24