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Obstacles Remain as Crédito Real Seeks Commercial Bankruptcy Agreement with Creditors

The only thing that would be stopping the liquidation process with its creditors of Crédito Real, specifically the debt of two thousand 300 million pesos with Nacional Financiera (Nafin), would be the advisers of the bondholders who have extended the trial to more than nine months to concretize the pre-agreement and now to gather the majorities to be able to enter the commercial bankruptcy.

The extension that I am telling you about is given despite the fact that the government has pressured them to close the process, put the company up for tender and the bondholders could be terminated, for which reason the suspicion has begun to grow that said advisers would have any conflicts of interest or other plans that are hidden in plain sight.

If it were not for these obstacles, the signature of angel romans He would enter into a commercial bankruptcy to transfer all his assets to a trust, which would make it possible to recover a considerable amount for creditors.

However, it has been speculated that the bondholders, who expected a significantly higher number, could only obtain 15 cents for each unit of what was lent to Crédito Real.

THE MONEY ROUTE

With the news that the contested contest for the lease of computer equipment from the Institute of Health and Social Security of State Workers (ISSSTE) has already escalated to the Chamber of Deputies.

As is public, the ruling issued just last June in favor of Mainbit generated at least five complaints from companies that were disqualified in what was clearly a “tailor-made suit” for the firm that leads Jose Antonio Sanchez.

In the allegations that are already known to the legislators, it stands out that the Internal Control Body of the ISSSTE ignored the decision of the director of Administration of that institute, Almond Ortiz. The matter was already exposed by the deputy Jorge Trianawho announced that the PAN bench will raise a point of agreement to request the appearance of Pedro Zenteno to explain that contract for a whopping 873 million pesos that is added to other inquiries.

In the polls towards the election of governor in Yucatan they are giving surprises in the state that governs Mauricio Villabecause a man of all the confidence of the governor, Liborio Vidal Aguilaris emerging and in one of those it could change the rules of the game.

On the other hand, everything is ready for the 2023 Annual Convention of the National Association of Paint and Ink Manufacturers (Anafapyt) to take place in Cancun at the end of this month, which will have as its central theme the recovery of that sector and the new technologies.

As a sign of the times, the political issue will not pass by in that meeting and among the magisterial presentations, note that of the former president of the National Electoral Institute (INE), Luis Carlos Ugalde.

BY ROGELIO VARELA

[email protected]

@CORPO_VARELA

LSN

2023-08-03 07:00:46
#Royal #Credit #Stone

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