The company TDM Geosintéticos S.A. was advised in the determination of the existence and amount of the amount owed, in order to request before the insolvency authority the recognition of the credit from Sociedad Minera Austria Duvaz, withi the framework of the insolvency proceeding.
In this case, by virtue of our request, the authority recognized in full the amount requested for principal and interest. To date, we have filed an appeal for expenses, as we also seek to obtain the recognition of such amount by the authority.
It should be pointed out that it was decisive in this case that we informed the Client in a timely manner of the publication of the insolvency of the aforementioned debtor by the authority, as this allowed us to review and analyze the information provided by the Client in time to file the request for recognition within the term established by the regulation.
