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  • What comes next for Café Oma y Presto after requesting a reorganization? – Companies – Economy
Investments and Business

What comes next for Café Oma y Presto after requesting a reorganization? – Companies – Economy

Avatar photoMitchell G. Patton3 years ago
What comes next for Café Oma y Presto after requesting a reorganization?  – Companies – Economy

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Oma and Presto
Photo:

Fundadores de Manizales Shopping Center / Wilson Vizcaíno. TIME

The Superintendency must decide whether to admit or reject the reorganization requests.

Find the validation of The Lie Buster at the end of the news.

Select the creator of the article in configuration of this module

S.



Article publication time

Author’s name
Article publication time

WEATHER EDITORIAL

HE

June 03, 2023, 4:35 p.m.

LI

June 03, 2023, 4:35 p.m.

After it became known that Café Oma y Presto decided to enter a business reorganization process, the Superintendence of Companies that the companies submitted the application on May 29 of the current year.

As a consequence of this request, the entity assured that it will study the completeness of the information to decide whether to admit or reject the requests reorganization of these two companies.

(Also read: Viva Air’s reorganization process was approved: what’s next and what’s Ultra up to?)

The owner of the Presto and OMA brands is closing stores due to the crisis and the impossibility of negotiating with the owners of

Photo:

Taken from the Fundadores de Manizales Shopping Center website

In case of being admitted to the recovery process, Café Oma and Presto will have a term of 10 business days to update the inventory of assets and liabilities, and the designated promoter must present a credit rating project.

It is important to point out that the business reorganization process seeks to debtors who avail themselves of its protection manage to restructure their liabilitiesas well as design strategies to achieve efficiencies that allow its recovery
economic.

(Also read: Attention, users: this is the order of SIC to Dollarcity, Miniso and Yoi on products)

Photo:

Wilson Vizcaíno / Archive EL TIEMPO

If the reorganization agreement is not confirmed, the Supersociedades will start the judicial liquidation process as indicated by the applicable regulations.

“From the Superintendency we will continue with our commitment to provide the spaces and accompaniment so that companies that are in difficulty can
recover and save employment
so that they improve, be competitive and generate wealth as engines of the Colombian economy”, said the Superintendent of Companies, Billy Escobar.

HE

June 03, 2023, 4:35 p.m.

LI

June 03, 2023, 4:35 p.m.

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Avatar photo
By Mitchell G. Patton

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