'Express insolvency' requested for Pescanova’s Spanish subsidiaries
Pescanova's facilities in Chapela. (Photo: Pescanova)
The group formed by the brewery Damm, Luxempart and creditor banks filed a plan designed to prevent the liquidation of the Galician multinational firm Pescanova, whose debt amounts to about EUR 3,600 million, at the Commercial Court number 1 of Pontevedra.
Proponents of the proposal consider it is necessary to solve the indebtedness situation of the Spanish subsidiaries in the country through an insolvency proceeding and by merging with the parent firm to later become indepen...
Authority from Chubut questioned on Alpesca situation Argentina
The head of the Ministry of Territorial Development and Productive Sectors of Chubut will be questioned on 13 March for her to explain several issues concerning the current situation of the fishing company Alpesca.
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