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Provider: GlobalData
$125.00

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Commercial Court No. 1 of Barcelona to open liquidation phase of La Seda de Barcelona SA


Thursday, 30 Jan 2014 01:17pm EST 

La Seda de Barcelona SA:Says the Commercial Court No. 1 of Barcelona, in which the company’s voluntary insolvency proceedings are being processed, agreed to initiate the liquidation phase of LSB.Says, as a consequence, the court has resolved to suspend the powers of administration and disposition of the assets during the liquidation phase as specified in the Insolvency Act.Says the court approved dissolution of the company.Says the court agreed on the cessation of the Board of the company and the suspension of its powers of administration and disposition of the assets.Says the court agreed to appoint insolvency administration.Says the insolvency administration is required to present the corresponding liquidation plan.Says the court resolved to announce the initiation of the liquidation phase in the Public Register of Insolvency (el Registro Publico Concursal) and the Bulletin of the Judicial Office (Tablon de Anuncios de la Oficina Judicial). 

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