Thursday, January 26, 2012

Meeting with AIFOS

Last Friday January 20th. Ley 57 assisted to a meeting between AIFOS´s manager and lawyers.
In the meeting they presented a non formal proposal depending on the results of different cases they started against several banks.
They have got 3 different verdicts against 3 banks, where they were considered as "administrators in fact" so they lose all their privileges.
Now they want to get a reduction on the money they ow to the banks.
If they can get it, they propose to reduce 50% of all debts and 8 years to pay.
In the first three years, they would not pay anything.
Ley 57 refused that agreement, at least until recieve a formal proposition.