Judicial credit right of €677,629.44

Judicial credit right of €677,629.44

Commercial Court No. 1 of Santa Cruz de Tenerife

Judicial auction of a credit right of €677,629.44 (principal and interest), plus €203,333 budgeted for interest and costs, against the former administrator of the insolvent company, convicted of the culpable classification of the insolvency proceedings. The credit is in judicial execution, with attachment of bank accounts agreed and possible real estate of the debtor in Tenerife and El Hierro. Minimum price: €203,289. 

Documentation available upon signing the NDA.