On August 6, 2023, Haru Invest’s Hugo Lee released an official statement addressing concerns raised by members regarding the “rehabilitation procedure through the court” mentioned in a previous announcement.
Rehabilitation Procedures
Some members have approached the court seeking the initiation of rehabilitation procedures against Haru Invest Korea Co., Ltd. In response, the court has issued a preservative disposition and a comprehensive injunction order. The preservative disposition prevents Haru Invest from repaying debts until a decision on the commencement of rehabilitation procedures is finalized. The comprehensive injunction order restricts creditors from forcibly executing Haru Invest’s assets until a decision on the rehabilitation procedures is made. Haru Invest has an interrogation date set for later this month concerning the rehabilitation procedure case. The company plans to actively present its stance on the…