Valle Nevado announces bankruptcy reorganization to alleviate “perfect storm” | Economy

“We have made a difficult decision, but necessary, to start a bankruptcy reorganization process,” he said. Ricardo Margulis, general manager of Valle Nevado. As he said, “we are sure that it is the best business decision to be able to organize ourselves, continue operating and continue projecting Valle Nevado for many more years”. In detail, … Read more

Encourages the renunciation of special regime royalties and the reorganization of the micro-enterprise tax by 2021

The Ministry of Finance states in the report on the proposed changes in taxes that the aim of the changes is to promote social protection of the population. As in other alternative regimes, the social contributions of royalty recipients are currently low, thus increasing the number of people who may not be socially secure in … Read more

Encourages the renunciation of special regime royalties from 2021 and the reorganization of the micro-enterprise tax

The Ministry of Finance states in the report on the proposed changes in taxes that the aim of the changes is to promote social protection of the population. As in other alternative regimes, the social contributions of royalty recipients are currently low, thus increasing the number of people who may not be socially secure in … Read more

Reorganization: Coca Cola cuts thousands of jobs worldwide

The beverage giant Coca Cola wants to cut thousands of jobs. As a first step, the company would like to offer employees severance packages. 1 / 1 Want to cut thousands of jobs: Beverage giant Coca Cola With attitudes, things are not looking so good at Coca Cola right now. Thousands of jobs are being … Read more

Enjoy’s reorganization process is approved by the vast majority of creditors | Economy

With the favorable vote of 96% of the creditors at the meeting held this Friday, Enjoy SA agreed on the judicial reorganization proposal brought before the 8th Civil Court of Santiago. As a whole, creditors represent 92.7% of the valued loan liabilities and 100% of the secured creditors. This is how the agreement is reached … Read more

Bondholders’ meeting approves Enjoy’s judicial reorganization proposal | Economy

Following a unanimous vote of the Enjoy Bondholders’ Meeting held this morning, the judicial reorganization plan was approved that the company will present for final deliberation this Friday, August 14. They ensure that the proposal seeks maximize recovery and value generation opportunities, which will allow the operational continuity of the company, leaving Enjoy with a … Read more

Multitienda Corona begins judicial reorganization process in the face of crisis | Economy

Corona SA informed the market today of its decision to adhere to Law 20,720, initiating a process of judicial reorganization that seeks to adequately and orderly face its financial commitments with its creditors. They report that this voluntary decision has been promoted by its shareholders due to the difficulties that the company has faced to … Read more

Ethereum Classic blockchain breaks apart due to single miner reorganization

On August 1, various figures associated with Ethereum Classic (ETC) went to Twitter to inform the community of problems with the ETC blockchain. Among the first was Hudson Jameson, a member of the Ethereum Foundation, who declared that: “Exchanges must pause deposits and withdrawals.” The page ETC Twitter officer and James Wo, founder of Ethereum … Read more

Bankruptcy of Avianca Brasil de Germán Efromovich declared – Companies – Economy

Brazilian justice on Tuesday decreed the bankruptcy of the airline Avianca Brasil, which in August 2018 filed for bankruptcy in an attempt to restructure its finances and continue operating, but last week admitted the failure of its negotiations with creditors. . (You may be interested in: Why did the Government decide to postpone the day … Read more