ATHENS (Reuters) – Luxury jewellery maker Folli Follie (HDFr.AT), whose finances are being investigated by Greek authorities, has obtained a temporary court injunction to protect its assets, it said on Monday.
Folli said the injunction, granted by an Athens court, was aimed at maintaining the proper operation of the firm and preventing any impairment in the value of the company’s assets and allow it to focus on a comprehensive restructuring plan.
“The predominant point of such a plan is expected to be the complete restructuring of the company’s financial operation to safeguard the interests of its shareholders, creditors, partners and investors and preserve all working positions,” it said in a bourse filing.
Folli has ordered a financial audit which it expects to conclude next month.
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