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Provider: Reuters Investment Profile
Provider: Wright Reports
Provider: SADIF-Investment Analytics, S.A.
Provider: Wright Reports

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Dias Aquaculture SA submits bankruptcy application

Thursday, 27 Mar 2014 08:58am EDT 

Dias Aquaculture SA:Announces that following the court decision pursuant to which its application to enter into the conciliation procedure under Chapter 99 of the Bankruptcy Law has been declined, it has decided to apply for voluntary bankruptcy.Reason is the threatened inability to cover its debts, which will allow Dias to be placed under immediate protective measures.Entering voluntary bankruptcy does not preclude Dias from being able to reach an agreement with its creditors and therefore withdraw from bankruptcy. 

Company Quote

26 Mar 2014