KIEV, Dec. 20 – A Crimean court extended a bankruptcy procedure for Morye, a Feodosia-based shipyard, which is in the middle of implementing $350 million contract for China, the company reported.
The Crimean Economic Court prolonged the procedure through January 2, 2013. The ruling was issued on December 14.
The court also extended powers of the manager - Morye shipyard director general Vitaliy Kryvenko – and powers of property manager Roman Marchenko, according to Interfax.
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