The trustee in bankruptcy of the subsidiary of Grupo San José Herrada of Tollo has delivered a devastating staff report on this company, which filed for bankruptcy in 2008. The result of expert analysis blames their main manager, Damián Rodríguez Gascón, son of the company's group president of having committed a series of alleged accounting irregularities. Así esta es la segunda mercantil del grupo empresarial que no puede finalizar un concurso de acreedores, después de Pavimentos Gadí. So this is the second trade of the business group can not complete an arrangement with creditors, after Gadi Flooring.
. Administrators Commercial Court go further and propose the disqualification of the chairman of the Tollo Herrada to manage foreign assets during a period of two years and the loss of any rights you may hold this policy as a creditor.
The report 'grave' option to reach an agreement with creditors and to apparently this is the second subsidiary company which falls within a few months, since Flooring Gadi has gone into liquidation, as they also lost the ability to cope payments to creditors. Do not get good news before the end of the year for the leaders of San Jose Investment Group and Urban Projects.
Alicante court administrators accused of several acts the ultimate responsibility for this subsidiary. Among other things "have committed the debtor in its accounting irregularities relevant to an understanding of its financial position or financial In that sense, another claim is that he committed "serious inaccuracies in the documents attached to the application for declaration of insolvency", which shows that the documents submitted by Rodríguez Gascón was not correct and is trying to steer through various means some data compromised.
The second issue which collect the administrators is that there were "significant accounting irregularities bankrupt. So, the report highlights the substantial differences between accounting and obligations in contracts of sale of properties agreed with third parties.. "These obligations are ignored its existence in the accounts", exposed from the court.
. On the other hand, refer to the inventory submitted with the application of competition is inaccurate. To do warn that "it has omitted the existence of assets owned by the consequent commission for their manager to consider serious inaccuracies."
One section that draws more attention is alleged to have committed illegal actions in the promoter activity. Insolvency administrators wield that "housing has been sold without obtaining the required building permit and have not provided the required documents to the buyers and the registration of property in the Property Registry." . Likewise, you are missing the guarantees by endorsement of advances paid by buyers of houses that he sold this promoter.
Una copia al fiscal A copy of the fiscal
. The final report on the insolvency of the subsidiary is to be brought to the attention of fiscal accounting irregularities. Both coaches proposed court "declare the competition as the culprit", and condemn the sole director of the society "for committing the acts described and irregularities in their status and financial assets."