'Timon·Wemakeprice Incident Impact' TableEnjoy Files for Corporate Rehabilitation
Due to the aftermath of the unsettled payments issue involving TMON and WEMAKEPRICE, Table Enjoy, a company operating a restaurant reservation and meal voucher sales platform, has filed for corporate rehabilitation.
![[Image source=Yonhap News]](http://www.asiae.co.kr/news/img_view.htm?img=2024082917384111733_1724920721.jpg)
According to the legal community on the 29th, Table Enjoy applied for the commencement of rehabilitation proceedings at the Seoul Bankruptcy Court on the 27th. The Rehabilitation Division 11 (Chief Judge Oh Byung-hee), which was assigned the case, issued a preservation order and a comprehensive injunction.
The preservation order prevents the applying company from disposing of assets to repay only certain creditors, while the comprehensive injunction freezes creditors' claims to prevent them from securing the company's major assets through compulsory execution, provisional seizure, or auction before the start of the corporate rehabilitation.
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The court set the company representative's examination date for the 6th of next month. Table Enjoy is a subsidiary of Happymoney INC, which filed for corporate rehabilitation due to the aftermath of the TMON and WEMAKEPRICE incident.
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