The Czech Digital Group (CDG) has failed in its bid to have the channel Slagr TV declared bankrupt.
Digizone reports that a dispute between CDG and Slagr TV culminated last August, when the operator switched off the channel’s terrestrial TV signal due to unpaid debts.
CDG then submitted a petition to the Regional Court in Ceske Budejovice last November to declare Slagr TV bankrupt but this has now been rejected.
In the meantime, Slagr TV reached an agreement with the rival DTT operator Digital Broadcasting and is currently distributed on the DVB-T2 Multiplex 24.
Although Slagr TV denies it owes CDG any money it has paid off other creditors including CDG’s parent company Ceske Radiokomunikace during its insolvency period.
Slagr TV’s owner decided to put Slagr TV in liquidation in January this year.