PropertyEU

Sofia Property Fund faces insolvency claim

By A staff reporter 2009-12-15T00:00:00

London-listed Sofia Property Fund, formerly Lewis Charles Sofia Property Fund, said on Tuesday that its Bulgarian subsidiary faces insolvency court proceedings but intends to vigorously oppose the application. Developer Westhill, which has partnered with the fund on selected projects, has indicated it has lodged a claim with the relevant court ...

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