This is the effect of 48 cassation complaints on the judgment in this case of the Provincial Administrative Court in Warsaw.
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Decision on forced restructuring of the bank
On December 30, 2020, the Bank Guarantee Fund decided to initiate forced restructuring of Idea Bank, discontinue its capital instruments and establish an administrator. Idea Bank was taken over by Bank Pekao SA. All because of the Bank's bad financial situation. According to PWC, the bank had negative capital at the level minus PLN 482.8 million, so its assets were not enough to cover their liabilities. Claims of persons related to GetBack's bonds, as well as TFI TFIGON certificates or policies with the Insurance Capital Fund have not been transferred to the Pekao bankwhich practically condemned their fight to regain money. As a result The BFG decision was questioned by the Supervisory Board, Leszek Czarnecki, shareholders and bondholders. The Provincial Administrative Court in a judgment of 25 August 2021 dismissed all complaints. He found them unjustified (reference number VI SA/Wa 201/21). Simply put: the court did not find that the applicants' interests were violated, and did not find that it was issued in violation of the law, although he indicated some deficiencies.
NSA had …..
Judgment of the Supreme Administrative Court of June 3, 2025, reference number II GSK 1396/22
