{"id":27296,"date":"2026-03-17T15:48:09","date_gmt":"2026-03-17T15:48:09","guid":{"rendered":"https:\/\/www.europesays.com\/cz\/27296\/"},"modified":"2026-03-17T15:48:09","modified_gmt":"2026-03-17T15:48:09","slug":"soud-schvalil-reorganizaci-firmy-z-yd-capital-cast-veritelu-ji-napada","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/cz\/27296\/","title":{"rendered":"Soud schv\u00e1lil reorganizaci firmy z\u00a0YD Capital, \u010d\u00e1st v\u011b\u0159itel\u016f ji napad\u00e1"},"content":{"rendered":"

\u010cl\u00e1nek si tak\u00e9 m\u016f\u017eete poslechnout v\u00a0audioverzi.<\/p>\n

Skupina YD Capital se m\u016f\u017ee pustit do z\u00e1chrany sv\u00e9ho podnik\u00e1n\u00ed. Krajsk\u00fd soud v\u00a0Brn\u011b povolil reorganizaci jedn\u00e9 z\u00a0jej\u00edch dce\u0159in\u00fdch spole\u010dnost\u00ed, YD Financial Services. Soud t\u00e9\u017e podle n\u00e1vrhu holdingu jmenoval insolven\u010dn\u00edho spr\u00e1vce a\u00a0znaleckou spole\u010dnost oce\u0148uj\u00edc\u00ed majetek. Holding zam\u011b\u0159en\u00fd p\u0159ev\u00e1\u017en\u011b na nemovitosti \u010del\u00ed finan\u010dn\u00edm probl\u00e9m\u016fm a\u00a0nedok\u00e1\u017ee spl\u00e1cet z\u00e1vazky dr\u017eitel\u016fm dluhopis\u016f a\u00a0dal\u0161\u00edm v\u011b\u0159itel\u016fm.<\/p>\n

YD Capital se t\u00edm povedlo naplnit prvn\u00ed \u010d\u00e1st pl\u00e1n\u016f na \u0159e\u0161en\u00ed jej\u00edch pot\u00ed\u017e\u00ed. \u010c\u00e1st nespokojen\u00fdch v\u011b\u0159itel\u016f se ale rozhodla jednat na vlastn\u00ed p\u011bst a\u00a0sami podali insolven\u010dn\u00ed n\u00e1vrhy na dal\u0161\u00ed t\u0159i firmy z\u00a0holdingu, v\u010detn\u011b mate\u0159sk\u00e9 spole\u010dnosti YD Capital.\u00a0Dal\u0161\u00ed v\u011b\u0159itel\u00e9 zase napadaj\u00ed reorganizaci YD Financial Services kv\u016fli pochybnostem o\u00a0jej\u00ed poctivosti.<\/p>\n

Spr\u00e1vce zn\u00e1m\u00fd z\u00a0Liberty Ostrava<\/p>\n

Reorganizace sk\u00fdt\u00e1 pro firmu ve srovn\u00e1n\u00ed s\u00a0konkurzem n\u011bkolik v\u00fdhod. Zaprv\u00e9 si nad \u0159\u00edzen\u00edm spole\u010dnosti i\u00a0nad jej\u00edm majetkem ponech\u00e1 v\u011bt\u0161\u00ed kontrolu, role insolven\u010dn\u00edho spr\u00e1vce je v\u00a0reorganizaci m\u00e9n\u011b dominantn\u00ed ne\u017e v\u00a0konkurzu. Zadruh\u00e9 m\u00e1 dlu\u017en\u00edk v\u00a0r\u00e1mci takzvan\u00e9 p\u0159edbalen\u00e9 reorganizace mo\u017enost navrhnout reorganiza\u010dn\u00edho spr\u00e1vce i\u00a0znalce oce\u0148uj\u00edc\u00edho majetek.<\/p>\n

Pr\u00e1v\u011b toho YD Financial Services vyu\u017eila. Firma m\u011bla ve skupin\u011b vedlej\u0161\u00ed roli, poskytovala podp\u016frn\u00e9 slu\u017eby dal\u0161\u00edm spole\u010dnostem v\u00a0holdingu. Av\u0161ak t\u00edm, \u017ee se poslala do insolvence sama a\u00a0navrhla reorganizaci, mohla navrhnout i\u00a0jm\u00e9na insolven\u010dn\u00edho spr\u00e1vce a\u00a0znalce.<\/p>\n

Spole\u010dnost YD Financial Services\u00a0soudu navrhla, aby insolven\u010dn\u00edm spr\u00e1vcem jmenoval spole\u010dnost TP Insolvence zku\u0161en\u00e9ho insolven\u010dn\u00edho spr\u00e1vce \u0160imona Pet\u00e1ka, zn\u00e1m\u00e9ho nap\u0159\u00edklad z\u00a0bankrotu hut\u00ed Liberty Ostrava. Za znalce spole\u010dnost navrhla firmu Equity Solutions Appraisals. V\u00a0obou p\u0159\u00edpadech soud n\u00e1vrh\u016fm vyhov\u011bl.<\/p>\n

Co je to reorganizace<\/p>\n

Reorganizace je takov\u00fd zp\u016fsob \u0159e\u0161en\u00ed \u00fapadku, kdy firma d\u00e1l funguje, m\u00edsto aby se jej\u00ed majetek rozprodal, jako je tomu v\u00a0konkurzu. Reorganizace je \u201ez\u00e1chrann\u00e1 operace\u201c, jej\u00edm\u017e smyslem je spole\u010dnost stabilizovat, ozdravit a\u00a0umo\u017enit j\u00ed postupn\u011b splatit dluhy. V\u00a0r\u00e1mci reorganizace z\u016fst\u00e1v\u00e1 managementu firmy v\u00edce pravomoc\u00ed a\u00a0kontroly nad majetkem, ne\u017e je tomu v\u00a0p\u0159\u00edpad\u011b konkurzu. <\/p>\n

Takzvan\u00e1 p\u0159edbalen\u00e1 reorganizace je situace, kdy se firma dohodne s\u00a0hlavn\u00edmi v\u011b\u0159iteli na ozdravn\u00e9m pl\u00e1nu je\u0161t\u011b p\u0159edt\u00edm, ne\u017e vstoup\u00ed do insolvence. V\u00fdhodou p\u0159edbalen\u00e9 reorganizace je nejenom \u0161ance na rychlej\u0161\u00ed schv\u00e1len\u00ed reorganizace soudem, ale tak\u00e9 mo\u017enost dlu\u017en\u00edka navrhnout soudu konkr\u00e9tn\u00edho insolven\u010dn\u00edho spr\u00e1vce a\u00a0znalce oce\u0148uj\u00edc\u00edho majetek.<\/p>\n

Podm\u00ednkou pro povolen\u00ed reorganizace je, \u017ee dlu\u017en\u00edk m\u00e1 ro\u010dn\u00ed obrat alespo\u0148 50\u00a0milion\u016f korun nebo m\u00e1 nejm\u00e9n\u011b 50\u00a0zam\u011bstnanc\u016f. <\/p>\n

\u201eDlu\u017en\u00edk (YD Financial Services, pozn. red.) m\u00e1 za to, \u017ee podnik\u00e1n\u00ed dlu\u017en\u00edka lze udr\u017eet a\u00a0dos\u00e1hnout znovu ziskovosti, respektive doc\u00edlit \u00fahrady z\u00e1vazk\u016f prost\u0159ednictv\u00edm navrhovan\u00e9 reorganizace a\u00a0p\u0159edkl\u00e1dan\u00e9ho reorganiza\u010dn\u00edho pl\u00e1nu,\u201c napsala YD Financial Services do insolven\u010dn\u00edho n\u00e1vrhu, kter\u00fd na sebe podala.<\/p>\n

N\u011bkte\u0159\u00ed v\u011b\u0159itel\u00e9 ale ozna\u010dili volbu takzvan\u00e9 p\u0159edbalen\u00e9 reorganizace ze strany YD Financial Services za \u201ezvl\u00e1\u0161\u0165 z\u00e1va\u017en\u00fd znak nepoctiv\u00e9ho z\u00e1m\u011bru\u201c. Obr\u00e1tili se proto na soud s\u00a0t\u00edm, aby reorganizaci zru\u0161il.<\/p>\n

\u201eTakov\u00fd postup je v\u00a0rozporu se smyslem institutu p\u0159edbalen\u00e9 reorganizace a\u00a0p\u0159edstavuje zneu\u017eit\u00ed insolven\u010dn\u00edho \u0159\u00edzen\u00ed k\u00a0ochran\u011b koncernu, nikoli k\u00a0uspokojen\u00ed v\u011b\u0159itel\u016f,\u201c uvedla za skupinu v\u011b\u0159itel\u016f advok\u00e1tka So\u0148a Karasov\u00e1 v\u00a0pod\u00e1n\u00ed zve\u0159ejn\u011bn\u00e9m v\u00a0insolven\u010dn\u00edm rejst\u0159\u00edku.<\/p>\n

<\/a><\/p>\n

Postup skupiny YD napadl tak\u00e9 brn\u011bnsk\u00fd fond IFIS, zam\u011b\u0159en\u00fd na byznys s\u00a0probl\u00e9mov\u00fdmi pohled\u00e1vkami.<\/p>\n

\u201ePodle dostupn\u00fdch informac\u00ed dlu\u017en\u00edk jako prvn\u00ed podal insolven\u010dn\u00ed n\u00e1vrh na spole\u010dnost, ve kter\u00e9 m\u016f\u017ee m\u00edt v\u00fdznamn\u00fd vliv na strukturu v\u011b\u0159itelsk\u00fdch pozic, co\u017e by mu mohlo umo\u017enit udr\u017eet kontrolu nad insolven\u010dn\u00edm procesem cel\u00e9 skupiny YD. Takov\u00fd postup je sice z\u00e1konem umo\u017en\u011bn, nicm\u00e9n\u011b neznamen\u00e1 automaticky, \u017ee jde o\u00a0\u0159e\u0161en\u00ed nejv\u00fdhodn\u011bj\u0161\u00ed pro v\u011b\u0159itele,\u201c uvedl IFIS ve vyj\u00e1d\u0159en\u00ed zve\u0159ejn\u011bn\u00e9m na webu fondu.<\/p>\n

Foto: Renata Mat\u011bjkov\u00e1, Seznam Zpr\u00e1vy<\/p>\n

Majitel skupiny YD Capital Pavel Rydzyk.<\/p>\n

YD Capital nyn\u00ed sv\u016fj postup nechce podrobn\u011bji komentovat. \u201eReorganiza\u010dn\u00ed pl\u00e1n je v\u00a0sou\u010dasnosti aktivn\u011b zpracov\u00e1v\u00e1n. Pova\u017eujeme za p\u0159ed\u010dasn\u00e9 i\u00a0nevhodn\u00e9 komentovat jeho konkr\u00e9tn\u00ed parametry d\u0159\u00edve, ne\u017e budou finalizov\u00e1ny a\u00a0sd\u011bleny t\u011bm, kter\u00fdch se bezprost\u0159edn\u011b t\u00fdkaj\u00ed, tedy v\u011b\u0159itel\u016fm a\u00a0klient\u016fm skupiny,\u201c reagovala medi\u00e1ln\u00ed z\u00e1stupkyn\u011b YD Capital Pavla Mudrochov\u00e1.<\/p>\n

Aktivn\u00ed v\u011b\u0159itel\u00e9<\/p>\n

N\u011bkter\u00e9 v\u011b\u0159itelsk\u00e9 skupiny se rozhodly p\u0159evz\u00edt iniciativu a\u00a0podaly samy insolven\u010dn\u00ed n\u00e1vrhy na dal\u0161\u00ed t\u0159i firmy z\u00a0holdingu. Na prvn\u00edm m\u00edst\u011b se to t\u00fdk\u00e1 samotn\u00e9 spole\u010dnosti YD Capital, je\u017e skupinu zast\u0159e\u0161uje. Insolven\u010dn\u00edmu \u0159\u00edzen\u00ed ji\u017e \u010del\u00ed tak\u00e9 firma YD Real Estate Finance, co\u017e je jeden z\u00a0hlavn\u00edch vydavatel\u016f dluhopis\u016f v\u00a0holdingu, a\u00a0spole\u010dnost Miris Garden, kter\u00e1 pro zm\u011bnu l\u00e1kala investory do dluhopis\u016f na p\u0159\u00edb\u011bh o\u00a0v\u00fdstavb\u011b apartm\u00e1nov\u00fdch dom\u016f na pob\u0159e\u017e\u00ed Jadranu.<\/p>\n

YD Capital se zam\u011b\u0159ovala hlavn\u011b na investice do nemovitost\u00ed. Vlastn\u00ed nap\u0159\u00edklad star\u0161\u00ed kancel\u00e1\u0159sk\u00e9 budovy v\u00a0centru Prahy na Ovocn\u00e9m trhu nebo v\u00a0ulici Na Po\u0159\u00ed\u010d\u00ed. Redakce Seznam Zpr\u00e1v Byznys ji\u017e d\u0159\u00edve popsala, jak YD Capital deklarovala prudk\u00fd n\u00e1r\u016fst hodnoty sv\u00fdch nemovitost\u00ed<\/a> kr\u00e1tce po jejich koupi. Holdingu pat\u0159\u00ed rovn\u011b\u017e dodavatel elekt\u0159iny a\u00a0plynu Prvn\u00ed \u010desk\u00e1 energie.<\/p>\n

Jen z\u00a0vydan\u00fdch dluhopis\u016f m\u00e1 YD Capital podnikatele Pavla Rydzyka dluhy nejm\u00e9n\u011b dv\u011b miliardy korun. Dal\u0161\u00ed prost\u0159edky z\u00edsk\u00e1vala od investor\u016f prost\u0159ednictv\u00edm p\u016fj\u010dek. Investory skupina l\u00e1kala rovn\u011b\u017e do sv\u00e9ho realitn\u00edho fondu a\u00a0fondu zam\u011b\u0159en\u00e9ho na investice do star\u0161\u00edch luxusn\u00edch automobil\u016f.<\/p>\n","protected":false},"excerpt":{"rendered":"\u010cl\u00e1nek si tak\u00e9 m\u016f\u017eete poslechnout v\u00a0audioverzi. Skupina YD Capital se m\u016f\u017ee pustit do z\u00e1chrany sv\u00e9ho podnik\u00e1n\u00ed. Krajsk\u00fd soud…\n","protected":false},"author":2,"featured_media":27297,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[12],"tags":[67,68,3903,779,12419,12420,12418],"class_list":["post-27296","post","type-post","status-publish","format-standard","has-post-thumbnail","category-byznys","tag-business","tag-byznys","tag-dluhopisy","tag-insolvence","tag-pavel-rydzyk","tag-reorganizace","tag-yd-capital"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@cz\/116245306177811380","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/posts\/27296","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/comments?post=27296"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/posts\/27296\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/media\/27297"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/media?parent=27296"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/categories?post=27296"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/tags?post=27296"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}