Bankruptcy manager’s report confirms Fundesem’s bankruptcy status

this bankruptcy de Fundesen continues the burning stages to find out if it will be possible to sign a deal that will keep the Alicante business school afloat. this State official bulletin (BOE) said in a statement this Wednesday, bankruptcy manager office PKF Approval Bankruptcy, already submitted his reportwhich bankruptcy status The location of the institution and amount of debt had already been anticipated in the list of provisional creditors constituting it. 2.7 million for Basis and in some 650.000 € for limited society Created to manage the training center, which could barely work for a year in 2020 and need to add another 210,000 euros credit towards the crowd.

The document is made from the latest accounts submitted by Fundesem custodians and reflects that when it comes to the foundation, it has dragged a situation. negative net worth close 2.5 million euro and one equally negative working capital around one million. And this despite the fact that in both 2020 and 2021 the business school managed to change its status and score. Two positive results of 133,000 and 52,000 eurosas stated in the report.

In case of limited company Fundesem Business SchoolNegative net worth of 453,000 Euros is also included. Those in charge of the center have chosen to make a direct request. settlement they will intensify their efforts to save the prestigious foundation of this business school.

In this sense, filing of bankruptcy manager’s report It is an important step since the court that protects the process is now obliged to file a lawsuit. deadline for submission of the deal proposal.

Fundesem headquarters. ISABEL RAMON


A proposal that those responsible for Fundesem are finalizing, but will pass through its recovery agreement they closed with European University of Valencia To give him some of the facilities so that he can teach various degrees in the socio-health branch. In return, Fundesem would receive an annual canon. In addition, private university Willing to put 1,250,000 on the table euro faced with the payment of about half of the debt owed to the foundation. In return, of course, he wants to control the board of directors, which is responsible for the day-to-day management of the centre, although the board of trustees will remain Fundesem’s highest governing body.

After the final proposal is submitted, they must give their approval. approvalLike him bankruptcy managerlike yourself judge. That will be the time when negotiation can begin to get the creditors’ involvement. In this case, the key is to get the agency’s approval. Valencia Institute for Competitiveness Owner (Ivace) of the building where Fundesem resides and the biggest debt -1.6 million- is sustained due to non-payment of rent.

Ivace’s refusal to accept Fundesem’s deal with the European University, and its decision to terminate the lease and demand immediate payment of all debt, hastened the business school’s decision to apply for the competition before the summer.

Source: Informacion

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