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Credit rights

Auction n. 11418

Law court of A Coruna
Sale n.2

A Coruna - Spain

Credit rights - Bank. 278/2013 - La Coruña Law Court n. 1 - Sale 2
2 Lots
Reduction -90%
Thu 10/06/2021 at 16:00
Thu 08/07/2021 at 16:00
  • Description
Credit rights

Bankruptcy n. 278/2013 - La Coruña Law Court n. 1

On sale credit rights towards the RC DEPORTIVO A CORUÑA SAD (lot 1) and ACTIVIDADES OF THE REAL CLUB DEPORTIVO EN MEDIOS DE COMUNICACIÓN S.L.U. (lot 2).
 
The first credit right (lot 1) has the character of subordinated debt in the bankruptcy procedure of the RC DEPORTIVO DA A CORUÑA SAD, and is subject to the schedule of payments agreed in the arrangement of that entity.
The nominal value of the credit amounts to 758,181.35 EUR.

The second right of credit (lot 2) is in respect of a currently dissolved entity, whose total nominal amount currently amounts to 284,094.98 EUR.
 
Both credits will have to be paid between 2034 and 2049.

For further information consult lot webpage

At the auction deadline, for highest bids not reaching reserve price, awarding will be subject to Bankruptcy Bodies approval.

Auction subject to reserve price
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Credit Rights of Real Club Deportivo A Coruña SAD

Other

Credit Rights of Real Club Deportivo A Coruña SAD

Lot 1|Auction 11418

CREDIT RIGHT AGAINST RC DEPORTIVO A CORUÑA SAD, deriving from the sentence to cover 50% of the insolvency deficit of the liquidation of the bankrupt EDICIONES DEPORTIVAS GALLEGAS SLU, which has the character of subordinated debt in the RC DEPORTIVO DA A CORUÑA SAD, and subject the payment schedule agreed in the contract of the creditors of that entity, the clauses of which state that the auctioned loan must be paid between 2034 and 2049. The nominal value of the loan is equal to 758,181.35 euros. the 33% reduction established in the creditors' agreement, which would therefore remain at € 507,981.50, so it is understood that the current value of the loan would amount to € 240,960.62, which is the appraisal value this lot
Lot Detalis
25.096,06

A Coruna - Spain

Credit Rights to RC Deportivo as MDC

Other

Credit Rights to RC Deportivo as MDC

Lot 2|Auction 11418

CREDIT RIGHT AGAINST THE ACTIVITIES OF THE REAL CLUB DEPORTIVO EN MEDIOS DE COMUNICACIÓN SLU, subject currently dissolved, whose total nominal amount currently amounts to 284,094.98 euros, whose payment can be allocated by the debtor only the part of the funds corresponding pro quota on its creditor EDICIONES DEPORTIVAS GALLEGAS SLU, including ACTIVIDADES DEL REAL CLUB DEPORTIVO EN MEDIOS DE COMUNICACIÓN SLU receives due to the collection of the claim it holds before the entity RCD A CORUÑA SAD., which has the character of subordinated debt in the event of bankruptcy of RCD A CORUÑA SAD and is subject to the payment schedule agreed in the contract of the creditors of that institution, in whose provisions it is established that the credit must be paid between the year 2034 and the year 2049, and with the application of a deduction of 33%, all this determines that the current value established as the appraisal value of this Lot, equal to 77,064.07 euros
Lot Detalis
8.206,41

A Coruna - Spain

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