A judge of the Supervision of companies ordered the liquidation of SAS Merchandise Companyowner of the Justo & Bueno chain for breach of its obligations to its creditors after being accepted in the business reorganization process.
This decision was made during a public hearing that took place on Thursday.
Santiago LondonoDelegate of the entity’s insolvency proceedings, indicated that they were trying to create opportunities to propose solutions to the economic situation of the company on the occasion of the special focus on the protection of employment and the company as agents of the economy.
“However, a positive response to such a situation was not added to the file,” Londoño said.
In recent days, the chain had announced that it would go into the hands of the Chinese group JF Capital International Limited, who trusted the payments but they were not made on time.
Source: El heraldo
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