Congelados Pedáneo fulfils their Creditors Agreement

20 June 2020

The second Commercial Court of Murcia has declared the fulfilment of the Creditors Agreement approved by the Judgment passed on 7th April 2011.

Congelados Pedneo, S.A. was advised by Abad & Asociados in the submission and management of the Bankruptcy Procedure thus closing the door to said procedure, having fulfilled all the commitments with its creditors derived from the proposed Agreement.

This is an example that Bankruptcy is a viable solution for companies if they have the guidance and advice of specialised professionals.

Congelados Pedneo, S.A. has been reconverted and reinvented throughout these years. Having become a stronger, more international, and solvent company, thanks to their effort and enthusiasm, and the restructuring of its financial situation through bankruptcy.

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