On the night of May 10, Mercadería SAS Justo & Bueno, through its special attorney, filed a request to open the judicial liquidation process of the company before the Superintendency of Companies.
The previous request was made because no funds had been posted to the SAS Merchandise accounts and no news had been received that a third party had paid an administrative fee by the company on the date publicly announced.
The information about the administrative fee payment plan was also not received, only to have it provided on May 6, as ordered at the hearing.
“We deeply regret that payment has not been made as promised by the new owner to the employees, landlords and creditors. Based on our analysis of infeasibility, it is our duty to request the opening of the process, acting responsibly towards the creditors, the authorities, society and towards those who have benefited from this model that aims to improve the quality of life of families’ , the statement said.
The agreement for the sale of HD Colombia SA, parent company of Mercadería SAS, with the company JF Capital International Ltd., signed on March 29, was also submitted to the Chief Inspector.
Source: El heraldo
Roy Brown is a renowned economist and author at The Nation View. He has a deep understanding of the global economy and its intricacies. He writes about a wide range of economic topics, including monetary policy, fiscal policy, international trade, and labor markets.