US EditionVicentin: Grassi Answered Challenges and Asked the Judge to Move Forward with the Approval
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The fight for the future of Vicentin is starting again. Now, Mariano Grassi, one of the two interested in staying with the company, presented to Judge Lorenzini his response to the challenges made by his opponents, Molinos and LDC. In addition, he defended the majorities that obtained his proposal in the cramdown. The entrepreneur considered that his triumph was “indisputable”, based on what the Law of Competitions and Bankruptcy establishes. In…
The Rosarina firm rejected the questions and recalled that the union certified that it collected 65.97% of the capitas and 84.99% of the verified capital. It requested that the existence of the agreement be declared and that the allocation of the shares be ordered.
Grassi SA requested the approval of the preventive agreement reached in the framework of the rescue process of Vicentin SAIC, when answering the challenges presented by LDC Argentina and Molinos Agro, according to a judicial brief to which the Agencia Noticias Argentinas had access. In his presentation to the Civil and Commercial Court of Reconquista, Grassi emphasized that he obtained the majorities required by the Law on Competitions and Bankr…
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