“Inform them of the existence of sufficient compliance towards the proposal for an advance agreement”. With those words, the judge Fabiano Lorenzini He left the complex plot of the Vicentin case one step away from solving the central aspect: paying more than 1,700 creditors, to whom he owes $1.3 billion since December 2019.
In addition to formalizing that the obligations satisfied the legal requirements, half of the capitas and two thirds of the capital, Lorenzini opened a period of ten working days for disputes. And that would be the step before the agro-exporting company, protagonist of the largest private default in Argentine history, reaches an agreement with creditors.
Since the judicial provision was signed on Friday the 14th, this week and the following will start the deadline for the presentation of any appeals, with which As of Tuesday, May 2, the payment agreement could be approved.
Source: Clarin
