Homeplus Rehabilitation Approved
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This topic isn't active right now. Last covered Sep 2, 2026. See today's headlines.
South Korea’s Seoul Rehabilitation Court approves Homeplus’s rehabilitation plan after creditors, secured creditors and shareholders vote in favor. The approval removes the immediate liquidation threat and allows the retailer to begin repayments.
Homeplus Wins Approval for Rehabilitation Plan, Escaping Liquidation Threat and Starting Repayments
Homeplus has escaped an immediate liquidation threat after a Seoul court approved the supermarket chain’s rehabilitation plan. The decision allows the company to keep operating and begin repaying creditors under the court-approved schedule. The Seoul Rehabilitation Court said the plan met the requirements of the Corporate Rehabilitation Act. At a creditors’ meeting held the same day, the proposal …
Homeplus Wins Court Approval to Continue Operating Under Its Rehabilitation Plan
Homeplus will continue operating under its rehabilitation plan after the Seoul Rehabilitation Court approved the company’s proposal on Sept. 2. The court’s Rehabilitation Division 4 said the requireme…
Homeplus Rehabilitation Plan Approved With Unanimous Support From Secured Creditors and Shareholders
Homeplus has secured court approval for a rehabilitation plan that could allow the retailer to exit the process, provided it carries out the promised repayments. At a meeting held by the Seoul Rehabil…
Government agencies join Homeplus repayment plan, approval rate rises to 64.4%
Government agencies have joined Homeplus’s process for repaying public-interest claims in installments, helping lift creditor approval to 64.4%, the retailer said. The figure rose 5.4 percentage point…