Q COSTARICA
Incomplete financial statements and poor management of communication to creditors motivated the Bankruptcy Court of the First Circuit of San José (Juzgado Concursal del I Circuito de San José) to deny, on March 28, the Aldesa Corporación de Inversiones its request to submit to the process of Administration and Reorganization with Judicial Intervention.
Terra Campus is one of the projects developed by one of the subsidiaries (4D Desarrollos Inmobiliarios) of Aldesa Corporación de Inversiones. Photo: Garrett Britton 4T.
According to file 19-000036-0958-CI, Judge Lizeth Álvarez indicated to Aldesa that as debtor it had the obligation to notify all of its creditors.
“The sending of the communication was very tight in time taking into consideration that some creditors are outside the metropolitan area or abroad, the basic information of
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