Liquidations

The official receivers for Siavilo – formerly TAP SGPS – has asked Lisbon’s commercial court (Tribunal Judicial da Comarca de Lisboa) to reserve the largest audition room in the court [...]

In just under a month after a request from TAP SA to an insolvency court to declare Siavilo (formerly TAP SGPS) bankrupt, a judge has accepted the request and declared the shell company [...]

Vanpro, a joint-venture between Faurecia and Adiente, is to close down leaving 475 people unemployed. The company, which has been supplying Autoeuropa for decades, has not been chosen by the VW [...]

Inapa, the company that had been listed on the Portuguese capital market for longer than any other, quit the Portuguese stock exchange Euronext Lisbon on Tuesday. The Portuguese paper [...]

Portuguese paper distributor Inapa saw shares plummet by 96% after the local securities regulator lifted a suspension on share trading. In the past few days the insolvent company which cannot [...]

The headquarters of the bankrupt Portuguese construction firm Soares da Costa in Vila Nova da Gaia (Porto) has only managed to achieve a maximum bid of €4.5 million in a second auction, well [...]

Paulo Maló, Portugal’s most internationally famous dentist, has been declared culpably insolvent by a court after a case filed by the bank Caixa Geral de Depósitos. It means that he is prohibited [...]

The Portuguese bankrupt construction company Soares da Costa, once the largest in Portugal, is to press ahead with auctioning off its headquarters for just under €6.9 million. The company, which [...]

Portugal’s Public Ministry is to open an investigation into the bankruptcy of the construction company Soares da Costa after questions have arisen over where money from contracts in Angola has [...]

Banco Efisa, which has been managed by the State vehicle Parparticipadas since 2008 following the nationalisation of BPN, is officially being wound up. Says Expresso, the State injected €90 [...]