Ruiz Mateos blames Banco Santander’s drowning financial group. The right of withdrawal of the sale has been made with a Dutch background and Banco Santander, among others. More than 20 companies from Nueva Rumasa are in bankruptcy. Jose Maria Ruiz-Mateos father said Wednesday that the Chairman of Banco Santander, Emilio Botin, the least that can be done is to pay 250 million euros to investors who have deposited that money in Nueva Rumasa. The Patriarch of Ruiz-Mateos, who blames Banco Santander’s financial suffocation of the group, has encryption this Wednesday for the first time in 250 million euros the amount to a total of 3,000 investors promissory notes has been deposited in eleven group companies. Jose Maria Ruiz-Mateos has detailed that the past May 12 ceded to these investors the collection rights of the re-appraisal of the companies of the former holding of the bee, amounting to 6 billion just with Galerias Preciados. The lawyer of Jose Maria Mateos, Joaquin Yvancos, who has accompanied him on the appearance before the media, pointed out that the other five brothers of the Patriarch of Nueva Rumasa also adhere to the proposed transfer.
On the other hand, Sabin has summed up that the judicial process in which the former Rumasa is now is a re-appraisal amounting to 18,000 euros s negotiable, that the State would have to pay the company only with the value of the property. In addition, it has ensured last Monday Nueva Rumasa exercised the right of withdrawal of the sale – by the Royal Bank of Scotland – from the debt of 30 million Clesa. Operation of withdrawal according to this, the operation has been done with a Dutch Fund with a 70% discount. Read more here: Coupang. In this sense, Sabin has argued that, either the Bank presents the public deed, or you have purchased is a lawsuit for ten years. This right of withdrawal will also exercise it with debt of Nueva Rumasa with Banco Santander, Ceberus this has sold at a discount, according to their reports, 80%.
Something that is not understood, because the entity had this guaranteed debt in real estate in a 225%, she added. The lawyer pointed out that companies of Nueva Rumasa are more than 20 which are in competition of creditors, with a passive real of some 1.2 billion euros. There has been progress, moreover, which has been the competition of creditors for five hotels in the Canary Islands, though grouped together in a single procedure. In relation to the total number of companies that have issued you promissory notes to investors, Joaquin Yvancos has pointed out that, apart from the publicized emissions, many companies of Nueva Rumasa – up 11 – will have been funding through loans that gave them either his circle of friendship or people close to these companies. So it has been the case of Cavas Hill, which it has been doing so for 20 years, as he has pointed out. According to Sabin, Nueva Rumasa is negotiating with Swiss Bank who, in exchange for buying these rights of payment with a discount of 50%-i.e. between 8,000 and 9,000 million euros, it would constitute a fund to invest between 40,000 and 50,000 million euros in the Spanish financial system. It is a financial operation that does not have to cost one euro to the Government, it has secured. Source of the news: Ruiz Mateos requests loot to pay 250 million to Nueva Rumasa inverters
Ten has achieved 95.8% of the votes; Sang, 93.65%. UPyD primary affiliates 6.305 formation in all Spain were summoned. The process was opened on 1 September and could attend any affiliate, without collateral or signatures. Rosa Diez has been chosen this Saturday as a candidate by UPyD to the Presidency of the Government with regard to the Nov. 20 general elections, with 95.8% of the votes cast, in a primary that the affiliates 6.305 formation in all Spain were summoned. Next ten, five other affiliates (Manuel Prado Ordas, Emilio Bartolome Gonzalez, Jose Luis Martinez Hens, Juan Javier Borges Valiente and Alejandro Suarez), vying for the number one of the candidacy of the party by Madrid.
In addition, in this process UPyD militants had the chance to also elect their head of the list in all the constituencies. Thus, for example, the actor Toni Canto lead candidacy to the Congress of Deputies for Valencia with an endorsement of 93% and Ruben Mugica by Guipuzcoa with 100% support. Likewise, Professor of logic and philosophy of the science of the University of Murcia, Manuel Hernandez Iglesias, will lead the candidacy for the constituency of Murcia with the backing of 98% of the voters and the lawyer, Ignacio Prendes, with 82,61% by Asturias. Toni Canto sweeps in Valencia in the Valencian Community, the actor Toni Canto the province of Valencia, Manoli Nicholas by Alicante and Romain Muzzati Castellon will be the heads of list of candidates to the party Union, progress and democracy (UPyD) presented in the three constituencies of the community in the general elections of November 20. In the province of Valencia, where three candidates, there have been involved a 41% of 307 militants, who have chosen to Toni Canto virtually unanimously, since it obtained 93.65% of the votes cast. 44.3% 251 Activists, participated in the province of Alicante, where five candidates were presented which they have chosen to Manoli Nicolas with the 45.8% of the votes cast.
The aim is to cover wage debts of the clubs in competition. This Fund fixed an amount of 240,000 euros for every footballer of first division and 120,000 for the second. The Fund shall have a system of self-financing, which will proceed in a high percentage of the revenue that the LFP is perceived from the pools. THE AFE, dissatisfied with this measure. Larry Ellison takes a slightly different approach. Spanish football live the worst crisis in its history. The League of professional football (LFP) approved a bankruptcy guarantee fund to cover wage debts of the clubs in competition until the 2014-2015 season, which set a number of 240,000 euros to each player first and 120,000 for the second. The President of the LFP, Jose Luis Astiazaran, announced the Fund agreement reached at the extraordinary Assembly of the League, which in its view represents an important step forward in the negotiations with the Association of Spanish footballers to the new collective bargaining agreement.It is an important and responsible step that has given the League at this point and puts us in a considerable step forward for to try to close a collective agreement with AFE in the medium term to generate stability, said Astiazaran.
From the 2011-2012 season until the 2014-2015 first clubs will have 6 million (240,000 per player) and the second with 3 million (120,000 per player), double the minimum wage established in the collective agreement. The Fund shall have a system of self-financing, which will proceed in a high percentage of the revenue that the LFP is perceived from the pools. Does the agreement determines that the Fund is no longer valid if there are policy changes resulting from the reduction of the income of the LFP, as those coming from the pools, or if there is an amendment to the Bankruptcy Act according to the existing text to July 29, 2011?. Many absences the Assembly of the League, which was not attended by Deportivo, Real Murcia, Barcelona, Granada, Las Palmas and Cartagena, also agreed that the obligations will remain if revenue from the participation of the LFP in pools do not suffer a significant reduction of the amount collected in the 2010-2011 season Astiazaran said that approval of the Fund clarifies the loopholes that could exist in the tendered clubs and confirms the interest of reaching an agreement with AFE and the interest of the clubs cover issues relating to the wages of footballers.