US EditionDuro Felguera Attempts to Agree on Restructuring Plan Before 31 July to Avoid Bankruptcy Proceedings
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Duro Felguera attempts to agree on restructuring plan before 31 July to avoid bankruptcy proceedings
The Corner Link Securities | Duro Felguera (MDF) reports that the company’s objective is to agree on a restructuring plan with its creditors before 31 July, the date authorised by the judge handling the proceedings, in order to avoid bankruptcy. If a restructuring plan is agreed, MDF will request its judicial approval. The restructuring plan involves a risk for shareholders, as it could affect the company’s financial position. At the date of...
The 31st of July will be a key date for the future of Duro Felguera. The company has the deadline until that day to avoid the competition of creditors and reach a restructuring plan with the creditors, after the Commercial Court number 3 of Gijón has fixed the last day of the month as the deadline. The situation of the company is not at all easy. After applying for the pre-concourse of creditors to the Asturian court at the end of last year, a f…
Duro Felguera has advanced that his objective is to agree with the creditors a restructuring plan before July 31, the date authorized by the judge of Gijón (Asturias) that is going through the procedure, so that the contest of creditors is avoided. In a communiqué sent after the closure of the Spanish Stock Exchange to the National Securities Market Commission (CNMV), the Asturian firm has explained that in case of a restructuring plan, it will …
MADRID, 2 (EUROPA PRESS) Duro Felguera has advanced that his objective is to agree with the creditors a plan of restructuring before 31 July, date authorized by the judge that is processing the procedure, so that the contest of creditors is avoided.In a statement sent this Wednesday to the National Commission of [...] La entrada Economía.Duro Felguera advances that its objective is to agree with creditors a plan of restructuring before 31 July a…
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