The bankruptcy trustee will be PKF Attest, the same company that managed the administration of La Naval de Sestao, which could not be saved. Balenciaga’s creditors now have one month to submit their claims.
He Commercial Court Number 1 of Donostia-San Sebastián has already decreed the official entry bankruptcy of Astilleros Balenciagaas confirmed by Radio Euskadi. An administrator will now oversee the company, which is looking for an investor to save itself.
The Commercial Court has officially declared Astilleros Balenciaga bankrupt. In a car to which Radio Euskadi has had access, the owners can continue to manage the daily activities of the company, but under the supervision of a trustee, who will be the company PKF certificate.
PKF Attest is the same company that took care of the administration The Sestao Navywhich could no longer be saved. Balenciaga’s creditors, who a debt of 37 million eurosnow have one month to submit their claims.
In order for the shipyard to move forward, it would have to appear an investor who pays part of the debtand with a viability plan that the judge accepts. That partner is being sought, while the Ministry of Economic Affairswho does not veto the restructuring.
While, this Wednesday the template returns concentrate for the sub-delegation of the Spanish government in Donostia-San Sebastián, and on Thursday in Zumaia will meet interinstitutional table which aims to find a solution for the shipyard.
Source: EITB
I’m Wayne Wickman, a professional journalist and author for Today Times Live. My specialty is covering global news and current events, offering readers a unique perspective on the world’s most pressing issues. I’m passionate about storytelling and helping people stay informed on the goings-on of our planet.
