A judge in Chile has declared the struggling salmon company Nova Austral to be bankrupt.
The move is likely to be temporary, however, as Nova Austral is almost certain to appeal the ruling.
The resolution, made earlier this week, ordered the opening of a bankruptcy liquidation process, requesting the Superintendence of Insolvency and Re-entrepreneurship to nominate a liquidator The resolution also set out the background of the three main creditors.
The chief judge of Porvenir in Pablo Aceituno, declared Nova Austral to be bankrupt following complaints from two creditors who claimed unequal treatment. Their claims were accepted by the judge.
The creditors concerned are thought to be unhappy with the terms of the reconstruction deal reache…
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