By order dated 13.11.2023, the Delegated Judge ordered the postponement of the first hearing for the verification of timely credit applications (i.e. those sent to the procedure’s pec by the deadline of 25.09.2023), originally set for 25.10.2023 and then postponed to 28.11.2023, to the new date of 30.01.2024 at 11:00 a.m..

All further provisions already contained in the previous decree (contained in the previous notice of 10.10.2023 and published on https://blog.therocktrading.com) regarding the manner of conducting the verification hearing remain valid, and in particular:

1. the examination of all timely claims will be divided into several hearings, which will be scheduled over time by the Delegated Judge
2. the draft statement of liabilities pursuant to Article 203 CCII shall be filed within fifteen (15) days prior to the single hearing and shall contain only and exclusively the positions that will be examined at that specific hearing.

All creditors are reminded that during the various hearings that the Delegated Judge will gradually set, all timely applications for lodgement will be examined (i.e. sent by pec up to 25.09. 2023), so that creditors will not be sent any e-mail or pec confirming receipt of the pec (in addition to the acceptance/delivery receipts that have already been automatically received upon sending the application to the procedure’s pec address) and all creditors will have to wait for the pec containing the draft statement of liabilities relating to their specific application to be sent. It should also be noted that the time that will elapse between the date on which the pec containing the timely claim is sent and the actual date on which the hearing for the verification of the claim will be held, will have no relevance for the subsequent order of distribution of the amounts, being a mere internal scheduling.

Con provvedimento del 13.11.2023 il Giudice Delegato ha disposto il rinvio della prima udienza di verifica delle domande tempestive di credito (cioè quelle inoltrate alla pec della procedura entro il termine del 25.09.2023), originariamente fissata per il giorno 25.10.2023 e poi rinviata al 28.11.2023, alla nuova data del 30.01.2024 ore 11:00.

Restano valide tutte le ulteriori disposizioni già contenute nel precedente decreto (contenute nella precedente comunicazione trasmessa con pec del 10.10.2023 e pubblicate sulla pagina https://blog.therocktrading.com) in merito alle modalità di svolgimento dell’udienza di verifica, e in particolare:

1. l’esame di tutte le domande tempestive di insinuazione verrà suddivisa in plurime udienze, calendarizzate via via nel tempo dal Giudice Delegato;
2. il progetto di stato passivo ex art. 203 CCII verrà depositato nel termine di quindici (15) giorni antecedenti alla singola udienza e conterrà solo ed esclusivamente le posizioni che verranno esaminate in quella specifica udienza.

Si rammenta a tutti i creditori che nel corso delle varie udienze che il Giudice Delegato via via fisserà, verranno esaminate tutte le domande tempestive di insinuazione (cioè inviate con pec sino al 25.09.2023), sicché ai creditori non verrà inviata alcuna e-mail o pec di conferma dell’avvenuta ricezione della pec (ulteriore alle ricevute di accettazione/consegna che sono già state ricevute automaticamente all’esito dell’invio della domanda all’indirizzo pec della procedura) e tutti i creditori dovranno attendere l’invio dell’apposita pec contenente il progetto di stato passivo relativo alla loro specifica domanda. Si precisa altresì che il tempo che decorrerà tra la data di invio della pec contenente la domanda tempestiva di credito e l’effettiva data in cui si terrà l’udienza di verifica della stessa, non avrà alcuna rilevanza ai fini del successivo ordine di riparto delle somme, trattandosi di una mera calendarizzazione interna.

POSTPONEMENT OF FIRST VERIFICATION HEARING AND SUBSEQUENT SCHEDULING OF HEARINGS

By order of 09.10.2023 the Delegated Judge ordered the postponement of the first verification hearing of timely claims (i.e., those submitted to the procedure’s pec by the deadline of 09/25/2023), originally set for 10/25/2023, to the new date of 11/28/2023, 10:00 a.m.The Delegated Judge also stipulated that the examination of all timely claims will be divided into multiple hearings, scheduled gradually over time by the Delegated Judge.The draft statement of liabilities pursuant to Article 203 CCII will be filed within fifteen (15) days prior to the individual hearing and will contain only and exclusively the positions that will be examined at that specific hearing.It is specified that during the course of the various hearings that the Delegated Judge will be setting from time to time, all timely applications for filing of claims (i.e., sent by pec until 09/25/2023) will be examined, so that creditors will not be sent any e-mail or pec confirming receipt of the pec (in addition to the acceptance/delivery receipts that have already been received automatically upon sending the application to the pec address of the procedure) and all creditors will have to wait for the appropriate pec containing the draft statement of liabilities relating to their specific application.It should be noted that the time that will elapse between the date of sending the pec containing the timely claim application and the actual date on which the hearing for verification of the same will be held, will have no relevance to the subsequent order of distribution of the amounts, since this is merely an internal scheduling.In addition, creditors are informed that as timely applications for admission are imported into the “Fallco” portal, the Curatorship will assign each creditor a chronological number, which will make it easier to identify the position also for all future communications. It should be noted that the allocation of the number does not determine any differentiation between the positions of the creditors who have sent the application for lodgement (e.g., the chronological order of the numbers does not assume any relevance for the purposes of the subsequent order of distribution of the sums, only the order of the privileges provided for by law being relevant for this purpose). Following this chronological allocation operation, the individual creditor will receive special pec communication with which he will be notified of this number, which he must refer to for any subsequent communication with the Curator.In any case, the draft statement of liabilities pursuant to Article 203 CCII will show, for each claim contained therein, both the assigned chronological number and the name of the creditor.

RINVIO PRIMA UDIENZA DI VERIFICA E SUCCESSIVA CALENDARIZZAZIONE UDIENZE

Con provvedimento del 9 ottobre 2023 il Giudice Delegato ha disposto il rinvio della prima udienza di verifica delle domande tempestive di credito (cioè quelle inoltrate alla pec della procedura entro il termine del 25.09.2023), originariamente fissata per il giorno 25.10.2023, alla nuova data del 28 novembre 2023 alle ore 10:00.
Il Giudice Delegato ha altresì previsto che l’esame di tutte le domande tempestive di insinuazione verrà suddivisa in plurime udienze, calendarizzate via via nel tempo dal Giudice Delegato.
Il progetto di stato passivo ex art. 203 CCII verrà depositato nel termine di quindici (15) giorni antecedenti alla singola udienza e conterrà solo ed esclusivamente le posizioni che verranno esaminate in quella specifica udienza.
Si precisa che nel corso delle varie udienze il Giudice Delegato via via fisserà, verranno esaminate tutte le domande tempestive di insinuazione (cioè inviate con pec sino al 25.09.2023), sicché ai creditori non verrà inviata alcuna e-mail o pec di conferma dell’avvenuta ricezione della pec (ulteriore alle ricevute di accettazione/consegna che sono già state ricevute automaticamente all’esito dell’invio della domanda all’indirizzo pec della procedura) e tutti i creditori dovranno attendere l’invio dell’apposita pec contenente il progetto di stato passivo relativo alla loro specifica domanda. Si precisa che il tempo che decorrerà tra la data di invio della pec contenente la domanda tempestiva di credito e l’effettiva data in cui si terrà l’udienza di verifica della stessa, non avrà alcuna rilevanza ai fini del successivo ordine di riparto delle somme, trattandosi di una mera calendarizzazione interna.
Inoltre, si informano i creditori che, via via che le domande di ammissione tempestive verranno importate nel portale “Fallco”, la Curatela provvederà ad assegnare a ciascun creditore un numero cronologico, che consentirà di identificare in modo più agevole la posizione anche per tutte le future comunicazioni.
Si precisa che l’attribuzione del numero non determina alcuna differenziazione tra le posizioni dei creditori che hanno inviato la domanda di insinuazione (es. l’ordine cronologico dei numeri non assume alcuna rilevanza ai fini del successivo ordine di riparto delle somme, rilevando a tal fine solo l’ordine dei privilegi previsto ex lege). A seguito di tale operazione di assegnazione del cronologico, il singolo creditore riceverà apposita comunicazione pec con la quale gli verrà comunicato tale numero, cui dovrà fare riferimento per ogni successiva comunicazione con il Curatore.
In ogni caso, il progetto di stato passivo ex art. 203 CCII riporterà, per ogni domanda ivi contenuta, sia il numero di cronologico assegnato che il nominativo del creditore.

Il termine per la trasmissione delle domande tempestive è scaduto in data 25.09.2023.

Le domande presentate successivamente a detto termine, e non oltre il termine di sei mesi dal deposito del decreto di esecutività dello Stato Passivo, saranno considerate tardive, ai sensi dell’art. 208 CCII, e saranno esaminate dopo le domande tempestive.

Le modalità di presentazione delle domande tardive sono le medesime di quelle relative alle domande tempestive.
Decorso quest’ultimo termine, e comunque fino a quando non saranno esaurite tutte le ripartizioni dell’attivo della Liquidazione giudiziale, le domande pervenute saranno ammissibili solo se l’istante proverà che il ritardo è dipeso da causa a lui non imputabile e che ha trasmesso la domanda al Curatore non oltre sessanta giorni dal momento in cui è cessata la causa che ne ha impedito il deposito tempestivo.

Pursuant to art. 200 CCII. as well as art. 54 par. 3 of Regulation (EU) 2015/848, we bring to your attention that the Court of Milan by judgment no. 245/2023 filed in the Clerk’s Office on 14/04/2023 declared the judicial liquidation (pursuant to article 120 et. seq.) of the company THE ROCK TRADING S. R.L. (or in abbreviated form TRT S.R.L.) Fiscal Code and VAT no. 10120840961, Delegated Judge Dr. Caterina Macchi, appointing as Insolvency Practitioner the undersigned Dr. Luigi Giovanni Saporito. 

The hearing for the examination of the state of liabilities (pursuant to articles 200-205 CCII) was set for 10:00 a.m. on October 25, 2023 before the aforementioned Judge Delegate in his office at the Court of Milan, Civil Section II.

The application for admission to the state of liabilities of a claim (pursuant to articles 200-205 CCII), restitution or claim of movable and immovable property (pursuant to articles 200 et seq. CCII) is made by means of an appeal, which may also be signed personally by the party or by an attorney provided with power of attorney, and is formed pursuant to Articles 21, paragraph 2, or 22, paragraph 3, of Legislative Decree No. 82 of March 7, 2005, as amended.

The application is to be forwarded to the undersigned Insolvency Practitioner according to the procedure described in this notice (pursuant to articles 200-201 CCII).

The appeal must be sent to the undersigned Receiver at the digital domicile assigned to the proceedings (i.e., at the certified e-mail address of the proceedings lg203.2023milano@pecliquidazionigiudiziali.it) at least thirty days prior to the hearing at which the state of liabilities (pursuant to articles 200-205 CCII) will be examined.

Applications submitted after the deadline indicated above, and no later than six months after the filing of the decree of enforceability of the Statement of Liabilities (pursuant to articles 200-205 CCII), shall be considered late (art. 208 CCII) and, as provided for in Art. 225 CCII, late creditors may only participate in distributions after their admission in proportion to their respective claims, subject to the right to withdraw the shares to which they would have been entitled in earlier distributions if they have pre-emption rights or if the delay was due to causes not attributable to them. Once this last term has elapsed and, in any case, until the exhaustion of all allocations of assets in the compulsory liquidation procedure, late applications will still be admissible provided that it is proven that the delay was due to a cause not attributable to the creditor.

It should be noted that creditors whose claims are preferential or secured in rem need to lodge their claims.

If you believe that you have claims against TRT S.r.l in respect of exchanges made through the exchange platform or other claims (e.g., suppliers, employees), you will have to file for admission to the liabilities (pursuant to articles 200-205 CCII) to enforce your rights.

With reference to claims relating to the rights claimed by customers/users of the platform, the Insolvency Practitioner represents that:

• the applications concerning the claims of customers against TRT as a result of the “exchanges” carried out through TRT’s exchange platform will be qualified as applications for the lodgement of claims, excluding the different qualification as claims, given the impossibility of assigning by name the cryptocurrencies and/or the amounts found;;

• with particular reference to the identification of the reference date for the valuation of cryptocurrencies and foreign currencies, the date of the opening of the judicial liquidation (14.04.2023) will be considered (pursuant to article 150 et. seq.). With regard to the countervalue of cryptocurrencies, currencies and other currencies, the Trustee identified the value as of 14.04.2023 (shown in the table at the end of this notice) by proceeding as follows:

1. for fiat currencies, the quotations published on the Bank of Italy website were identified;

2. for cryptocurrencies, the average value of prices as of 14.04.2023 found on the following exchanges registered with the OAM was identified: Kraken, Binance, Coinbase and Crypto.com. In the absence of quotes on these exchanges, the last resulting price on the TRT portal (March 2023) was considered. The value of cryptocurrencies not present on the aforementioned exchanges and with quotes on the TRT portal dating back in time (years 2019 and 2020) was considered zero;

3. the value of other currencies not present in the aforementioned exchanges nor on the TRT portal was considered zero

• in support of the applications for lodgement, as evidence of claims against TRT, creditors are required to document:

1. the amounts paid in favor of TRT by attaching transfer accounts;

2. the cryptocurrency transfers made in favor of TRT, with proof of the relevant transactions extracted from the Blockchain;

3. any sums settled during the course of the relationship by TRT in favor of the client/user, with proof of the relevant bank movements;

4. the reconstruction of the orders given and the movements made through TRT’s platform (also in excel format), in order to trace the transactions that allowed the user/client to accrue the credit that is the subject of the application for settlement against the transactions referred to in points 1, 2 and 3 above

5. the user profile data: first name, last name, user name, account name and email address used to access the platform, as well as the public addresses of the wallets used by the user to exchange crypto with TRT’s platform. This is to enable the Curatorship to reconcile with the accounts resulting from the extracted master records and to identify the individuals to whom cryptocurrencies were transferred.

Please note that each attachment should be a separate file (in PDF or Excel format) and should be renamed to allow easy identification of the contents of the file.

Individual attached files should never exceed a maximum size of 15MB.

It is hereby clarified that, in order to enable all claimants to be able to obtain the information necessary for the filing of the application for the claim, equipped with all the aforementioned supporting documentation, the individual user/client may submit a special request to the Insolvency Practitioner so that the latter may provide a copy, without this in any way constituting recognition of the respective claim, of the results of the respective accounts, as registered on the exchange platform and resulting from the forensic copies acquired by the procedure (pursuant to articles 200-205 CCII).

Pursuant to Art. 201, c. 3 CCII, the application for lodgement of claims must contain:

• an indication of the procedure in which it is intended to participate and the particulars of the creditor, which must also include:
  • his tax code;
  • the bank details for future payments by means of credits to the bank account or the declaration that he/she wishes to be paid by the different methods to be established by the Delegated Judge pursuant to Article 230, paragraph 1 CCII;

• an indication of the sum that is to be lodged as a claim against the debtor (with an indication of the principal and interest), or a description of the property whose restitution or claim is sought, or an indication of the amount of the claim for which the creditor beneficiary of a mortgage given by the debtor subject to Judicial Liquidation as security for the debts of others intends to participate in the distribution (petitum)
• the succinct statement of the facts and elements of law constituting the reason for the claim (causa petendi);
• the indication of a preemption title, if any, as well as a description of the property over which the preemption is exercised, if it is of a special nature;
• the indication of the certified e-mail address at which to receive all communications relating to the proceedings (including the semi-annual report on the progress of the judicial liquidation (pursuant to article 130 et. seq.), the draft partial distribution, the statement of account, the draft final distribution), changes to which it is the duty to notify the Insolvency Practitioner pursuant to Article 201 c. 3 lett. e CCII.

Documents demonstrating the right asserted must be attached to the application, also having regard to the above with reference to applications relating to rights claimed by users/clients of the platform.

The Insolvency Practitioner invites all those who have previously forwarded, to the pec address of the procedure or to the pec address of the Insolvency Practitioner, their application for lodgement of claims, to SUBMIT THE APPLICATION AGAIN ACCORDING TO THE INDICATIONS PROVIDED ABOVE.

It is then recalled that:

– the claim will be considered inadmissible if any of the requirements in subparagraph (a), (b) or (c) pursuant to article 201, paragraph 3, CCII, is omitted or absolutely uncertain

– the claim will be considered unsecured if the requirement in (d) is omitted or absolutely uncertain;

– the omission of the certified e-mail address (letter e) as well as in cases of non-delivery of the certified electronic mail message for reasons attributable to the addressee, all communications shall be made exclusively by filing with the registry, in accordance with the third paragraph of Article 10 CCII, the first paragraph of which provides that communications to creditors and holders of rights to property that the law or the delegated judge places on the curator shall be made to the certified electronic mail address indicated by them in the cases provided for by law;

– applications sent to the Insolvency Practitioner in paper format, rather than digital, will not be examined because the appeal containing them is inadmissible;

– applications, in paper format, filed or sent by mail to the Registry, as well as applications sent electronically directly to the Registry, will not be examined because the appeal containing them is inadmissible;

– with the application for restitution or claim may be requested the suspension of the liquidation of the property that is the subject of the application;

– the message containing the application and the copy of the attached documents must be sent exclusively by telematic transmission to the certified e-mail address indicated by the Insolvency Practitioner, of which the party bringing the application may be the owner, but also another person;

– the only documents that must be filed in the Registry in paper form are the bonds;

– creditors who wish to submit comments to the draft statement of liabilities (pursuant to articles 200-205 CCII) filed at the Registry and submit additional documents may do so only by sending them to the certified e-mail address of the procedure indicated above within the period of five days before the verification hearing;

– the submission of observations on the draft statement of liabilities (pursuant to articles 200-205 CCII) and the production of supplementary documents within the period of five days prior to the verification hearing shall be made in the same manner as described above for the submission of applications, unless the Insolvency Practitioner subsequently indicates different methods of transmission;

– applications for admission to the liabilities will be uploaded to the creditors’ portal 15 days before the date set for the credit verification hearing (pursuant to articles 200-205 CCII).

Creditors who also have rights to the movable or immovable property (pursuant to articles 200 et. seq. CCII) of the Company in judicial liquidation are advised to file separate applications for admission of the claim to the liabilities and for claim or restitution (pursuant to articles 200-205 CCII).

It should be noted that, pursuant to Article 210 CCII, if the property or property subject to the application for claim or restitution has not been acquired in the assets of the proceedings because it is no longer in the possession since the day of the declaration of judicial liquidation, and the Insolvency Practitioner cannot take it back, the claim for the value that the thing had on the date of the declaration of judicial liquidation may be lodged in the liabilities, and that even if an application for claim or restitution is filed, it may be amended and the admission of the countervalue of the property as of the date of the opening of the proceedings may be requested until the hearing of the Statement of Liabilities (pursuant to articles 200-205 CCII).

If possession of the property claimed or demanded in restitution ceased after the seals were affixed, or was otherwise lost and/or sold by the Trustee after it was acquired, you may demand full payment of the value of the thing, and that such value be paid in prededuction pursuant to Articles 221 e 222 CCII.

It should also be noted that if, at the final distribution, a sum less than that for which you have been admitted to the liabilities should be paid to you, you may request the allocation of the uncollected sums from creditors who do not appear or are unavailable, up to the amount of your claim, in accordance with Article 232, paragraph 4 CCII.

Portal of creditors and document visibility

The website http://www.portalecreditori.it allows creditors to acquire news about the proceedings but does not replace the fulfillments and activities proper to the registry at the Court, which remains the reference office and custodian of the proceedings’ documents.

To access the FALLCO portal, you must enter your credentials, if already previously registered.

It should also be noted that if a professional or an association represents several creditors, a separate message must be sent for each of them. The same message cannot therefore contain the claims of several creditors.

Pursuant to Regulation (EU) 2015/848, the Insolvency Practitioner hereby specifies that foreign creditors may also lodge their claims using the standard claims form for the lodgement of claims referred to in Article 55 of the said Regulation to which the aforementioned documentary evidence must be attached. The standard form can be found at the following address as Annex II to Commission Implementing Regulation (EU) 2017/1105 of 12 June 2017: https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A32017R1105&qid=1690451702915

Below is the cryptocurrency table for the claims asserted, which you are requested to fill in both the “Quantità (Coin Balances)” column and the “Controvalore in euro” column.

The conversion shown is as of the date of opening of judicial liquidation, i.e. as of 14/04/2023.

Attached is the form of application for admission to the liabilities to be returned to the PEC address of the procedure duly completed together with the table and necessarily converted to PDF.

Ai sensi dell’art. 200 CCII si porta a conoscenza che il Tribunale di Milano con sentenza nr. 245/2023depositata in Cancelleria il 14/04/2023 ha dichiarato la liquidazione giudiziale della società THE ROCK TRADING S.R.L. (o in forma abbreviata TRT S.R.L.) Cod.Fisc. e P.Iva 10120840961, Giudice Delegato Dott.ssa Caterina Macchi, nominando lo scrivente come Curatore. 

L’udienza per l’esame dello stato passivo è stata fissata per il giorno 25/10/2023, alle ore 10:00 avanti il predetto Giudice Delegato nel suo ufficio presso il Tribunale di Milano, sezione II civile.

La domanda di ammissione al passivo di un credito, di restituzione o rivendicazione di beni mobili e immobili, si propone con ricorso, che può essere sottoscritto anche personalmente dalla parte o da un legale fornito di procura, ed è formato ai sensi degli articoli 21, comma 2, ovvero 22, comma 3, del decreto legislativo 7 marzo 2005 n. 82 e successive modificazioni.

Il ricorso va trasmesso al sottoscritto Curatore al domicilio digitale assegnato alla procedura (ossia all’indirizzo di posta elettronica certificata della procedura lg203.2023milano@pecliquidazionigiudiziali.it) almeno trenta giorni prima dell’udienza in cui si procederà all’esame dello stato passivo.

Le domande presentate successivamente a detto termine, e non oltre il termine di sei mesi dal deposito del decreto di esecutività dello Stato Passivo, saranno considerate tardive, ai sensi dell’art. 208 CCII, e saranno trattate in una successiva udienza.
Decorso quest’ultimo termine, e comunque fino a quando non saranno esaurite tutte le ripartizioni dell’attivo della Liquidazione giudiziale, le domande pervenute saranno ammissibili solo se l’istante proverà che il ritardo è dipeso da causa a lui non imputabile e che ha trasmesso la domanda allo scrivente Curatore non oltre sessanta giorni dal momento in cui è cessata la causa che ne ha impedito il deposito tempestivo.

Al ricorso dovranno essere allegati i documenti dimostrativi del diritto fatto valere, avuto anche riguardo a quanto sopra indicato con riferimento alle domande relative a diritti vantati dagli utenti/clienti della piattaforma.

Il Curatore invita tutti coloro che avessero già in precedenza inoltrato, all’indirizzo pec della procedura ovvero all’indirizzo pec del Curatore, la propria domanda di insinuazione al passivo, a INVIARE NUOVAMENTE LA DOMANDA SECONDO LE INDICAZIONI SOPRA FORNITE.