85% compliance with Fundesem payment plan

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Fundesem agreement proposal, Loyalty of more than 85% of creditors the usual courses of business school, when the contract participation period expires. More than a percent enough to give the document a green light – 50% was required for approval – so the bankruptcy administrator has already submitted the results to court with the intention of approving the roadmap that will lead to the reopening and viability of the Alicante business school.

Specifically, the payment plan proposed by those responsible for Fundesem, which includes: Discount of 45% of the debt and payment of the remaining 55% with the contribution made by European University– Received the support of 133 creditors, accounting for 85.33% of the 2.2 million ordinary debt owned by the center, which caused it to declare bankruptcy last July.

Undoubtedly the most prominent of these is the Generalitat, and in particular spacealready added 1.3 million A building built on a municipal plot by the district administration at the time, due to repeated non-payment of the rent for the school’s headquarters on Deportistas Hermanos Torres street in Alicante.

After waiting, it finally passed March 10, when Consell gave the green light to attend the plenary meeting This will mean that Fundesem donates 606,000 euros, but makes it possible to get back another 741,000 euros for public coffers. A confirmation that he is also authorized to sign a new lease agreement with the business school so that he can continue to operate on this property and also lease a piece to the European University.

Fundesem building.

However, in addition to Generalitat, other prominent creditors joined the offer. Sabadell Bank, companies requesting 151,000 euros from the center or similar active anyone kardassiThe patriarchal firm of the Perán family, which owns Pikolinos and thus contributes to the continuity of the centre.

Fundesem’s viability plan envisages the removal of 45% of the ordinary debt and the remaining 55% to be paid by the European University with a contribution of 1.5 million. This center is also annual rent in exchange for the use of some of the facilities to teach various degrees in the field of health. To do this, he demanded that he be in daily control of the school, with which, yes, he would collaborate on the teaching of master’s degrees in economics and other training needed by companies in the region.

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