this bankruptcy manager Fundesem officials started sending documents along with it this Friday. debts you accepton the one hand, to creditors Basis Head of Alicante business school and on the other hand those with unpaid government bills limited society It was created by the institution to facilitate its operation in recent years.
In the first case, the initial listing will show the foundation’s total debt. 2.730.000 €, in line with what was planned by the center responsible. The most appropriate amount of this amount corresponds to the debt of the education center to the educational institution. Valencia Institute of Business Competitiveness (Ivace) on Calle Deportistas Hermanos Torres in Alicante and 1,633,000 €. In this way, the autonomous structure under the Ministry of Sustainable Economy will play a key role in approving the applicability plan prepared by Fundesem.
next largest creditor Fundesem Business School SL, The company that Fundesem founded to accelerate the commercialization of its graduate and postgraduate courses and to which it owes more 320.000 €. The rest is distributed in smaller amounts among students, teachers, suppliers and the many companies that have training agreements with the centre. Thus, of the total debt, up to 2.3 million are considered ordinary, while 331,272 (that of SL) are relegated to the background, while 63,000, including work loans and Social Security debt, are considered privileged.
As it will be remembered, the intention of those responsible for Fundesem is to vitality plan from his hand European University, who is willing Contributing 1,250,000 Euros in cash to pay off a large part of the debt, as well as another €400,000 annual canon in exchange for using the facilities of the business school. A plan that has been approved by the foundation’s board of trustees and should be negotiated with Ivace, who now owns the building and Alicante City Council, who owns the land on which the property is located.
Beyond the amount the private university will pay, the reality is that Fundesem – which it hopes to get a discount – doesn’t have much to spend to pay off the rest of the debt. initial valuation of your assets barely getting over 59.000 €according to the initial calculations of the bankruptcy manager.
On his behalf, list of creditors Fundesem Business School SL total debt value 659.000 €, mostly by teachers, students and companies with training contracts in the final phase of the centre. In this case, the inventory of assets amounts to 341 thousand euros, but most of them correspond to debts that must be collected from the foundation, so the truth is that this amount cannot be trusted. In fact, upon the request of Fundesem officials, the judge has already decided to liquidate this company. Efforts are focused on recovering the foundation.