Creditor Applies to Bankrupt Urvasco

20/10/2014 – Expansion

A lender has presented a bankruptcy petition to the Court of Vitoria for Grupo Urvasco, the main shareholder and manager of hotel chain Silken (the Al-Andalus hotel in Seville pictured).

The group has been dodging insolvency process for years and its current indebtness posts €600 million.

 

Original article: Expansion

Translation: AURA REE

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