The Official State Gazette (BOE) publishes this Friday the declaration of the necessary creditors' meeting in Inalsa (former suspension of agreements), thus formally notifying those affected of the decision adopted on June 1 by the magistrate of the Mercantile Court Number 1 of Las Palmas de Gran Canaria, Tomás Luis Martín Rodríguez.
In the order, the judge appointed Pedro Carlos Martín Toledo as bankruptcy administrators, as a lawyer; Pablo de La Vega Viñambres, as a mercantile graduate; and Endesa Distribuciones Eléctricas, S.L., as a creditor, represented by Matías Hernández Gil.
The insolvency proceeding was initiated at the request of Endesa Distribuciones Eléctricas, Insular de Aguas de Lanzarote SA (Inalsa) and Endesa Distribución Eléctrica SL.
The magistrate orders the creditors to be called so that they inform the bankruptcy administration of the existence of their credits within a period of one month.
It was already underway
Beyond the publication made this Friday, the creditors' meeting had already been underway since the end of last June, when the three bankruptcy administrators appointed by the court visited the company and met with some of its technicians and with some members of the Board of Directors.
In that meeting, described at the time by the president of the Cabildo, Manuela Armas, as "clarifying", a plan of measures was put on the table, which, in the opinion of the members of the Council, are understood as necessary to guarantee the viability of Inalsa.
One of the first measures taken was the opening of new bank accounts, where from now on all the operations of the public water company will be operated and in which the signature of the bankruptcy administrators appears, in such a way that "now any payment or movement also has to do with them", as explained by the president.
