Court declares insolvency of Cervejaria Galiza in Porto

in News · 11-06-2020 10:00:00 · 0 Comments

The Vila Nova de Gaia Commerce Court declared the insolvency of Cervejaria Galiza, in Porto, requested by one of the creditors for a debt of almost 12,000 Euros, and gave 30 days for claiming credits.

According to the ruling, Judge Sá Couto, of the Commercial Court of Vila Nova de Gaia, declares "Sociedade de Hoteleiras Galiza Portuense, owner" of Cervejaria Galiza, following the application submitted by Sociedade Real Sabor, from Vila Nova de Gaia, in which it claims 11,951 Euros.

The court appointed Ricardo Passagem as an insolvency practitioner, who “must immediately seize all the assets of the insolvent, even if they are arrested, pledged or in any way apprehended or detained, regardless of the process, with the exception of that have been apprehended due to an infraction, whether of a criminal nature or of a mere social order”.

The judge set the creditors' “deadline for claims in 30 days” and considered that it was not necessary to hold a meeting of creditors “taking into framework of economic weakness ”of the company now declared insolvent.

Founded on 29 July, 1972, at the beginning of November 2019, the then 33 workers of the historic Porto brewery were surprised by an attempt by the company manager to close the facilities coercively, eventually organising and, since then, ensuring the daily space management.

Before the attempted closure, the company that owns Cervejaria Galiza, in an attempt to resolve the financial difficulties, went through the use of a PER (Special Revitalisation Process), accepted by the Court of Commerce of Vila Nova de Gaia.

With debts to the Tax Authorities and Social Security at around two million Euros, the company that owns the space, Hotel Activities of Galicia Portuense, was still in arrears in the payment of the 2018 Christmas allowance, the second instalment of that month's salary.

The attempt to find a solution then passed to the Ministry of Labour, with the company and workers' representatives and the Northern Hotel Union meeting several times since December in the Directorate-General for Employment and Labour Relations (DGERT), in Porto.

During these meetings, the company representatives promised to proceed with a controlled insolvency and company recovery process, which safeguarded jobs, but which never materialised.


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