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Raul Lorenzo confirms the settlement and sale

The insolvency administrator confirms what I overtook: Liquidation sales possibility, not certainty.

with what is obtained from the sale (much less than it should) be paid first to the SS, AEAT, workers, IVAs ... and what is surely first mortgage loans (Credit Suisse) and then providers, or anything. The news here

Els administradors concursals spa finalize the band Blancafort of Garriga

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Now
of accountability: With Don Vicente escaped, they think he will have to put their beards to soak? Xavier Ah, that well we're going to happen!

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Porqueras cagadito

Thanks to a kind reader have agreed the final report of the receivers, where a purpose of the accounts and assets of the Spa State Blancafort (Xavier responsibility Porqueras Don Vicente was once the court management section) discusses the following "pearls "

" The bankrupt is not meeting the formal requirement to submit annual accounts to Companies House or submit them to audit ... shows that there are serious errors in the application of the principles and standards generally accepted accounting principles, which leads to analyzed accounts do not show the true picture of their economic situation, financial and patrimonial "

remember that just because of this, the contest is objectively guilty and administrators (Porqueras, Don Vicente ...) respond with all its assets for the debts of the partnership.

But there is more:

"The bankrupt does not comply with their tax obligations ... since 2006. This point is indicative that the financial collapse of the entity is not new, but an alarming drag for more than two years "

So ... when Don Vicente Porqueras and a duo, and the first before the contest they said that nothing happened, all would charge ... and had since 2006 without paying a single euro in fees tax. That we called truthfully and lying to suppliers and employees.

"... The company requires the removal of the current leadership and management, the incorporation of middle experts ... and incorporation of a professional manager to correct the serious deficiencies that the organization suffers from"

Clearer, Don Vicente

water has leaked seen it coming. Porqueras Xavier has been, probably thinking he was going to go scot-free. The thing is going to be interesting and we believe that should put the beards to soak ...

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LIQUIDATION!

Important News Today May 10 was held The creditors' meeting with the decision to proceed with the liquidation of assets and therefore cease the activity.
This means that any amount realized from the sale of the property is divided among the creditors in their order of priority and privilege - that is, the first mortgagees (Credit Suisse) -. The rest only charged with leftovers, which almost certainly will be nothing.
The competition was likely to plead guilty, with accountability of managers - Don Vicente, and with high probability Porqueras, which must respond with all its assets for the debts of the business. Has become the first few days of his retreat to appear in a juicer where in addition to a very important cantidad, el fiscal pide pena de carcel.
En los proximos dias trataremos de analizar las consecuencias de la noticia