Supersociedades admits reorganization of the Barranquilla airport

The Superintendence of Companies, Through a statement, he reported that he admitted the business reorganization between the Ernesto Cortissoz Creditors Autonomous Patrimony and the Ernesto Cortissoz Airport Autonomous Patrimony, both trustees behind the concessionaire of the airport in Barranquilla.

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The Supersociedades makes this decision after the Ernesto Cortissoz airport in the capital of the Atlantic, it will enter a situation of decline in its operations after the arrival of the covid-19 pandemic.

The objective of this reorganization is that the trustees reach an agreement to define new conditions to normalize the situation of liabilities presented by the airport concessionaire.

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The entity mentions that the reorganization must be carried out following the provisions of Law 1116 of 2006, Therefore, the trusts will have a period of 10 business days to update the inventory of assets and liabilities. In addition, the promoter must deliver a project to run with the transfer to the creditors so that they make the contradiction in a timely manner.

It should be noted that There are currently several works at the airport which, up to now, have not been completed, so it is expected that with the decision of the supersocieties delays can be ended.

(See: This is the ambitious growth plan of the Barranquilla airport)

The National Infrastructure Agency (ANI) previously it had already penalized the works contractor due to delays in its delivery.

For his part, Superintendent Billy Escobar indicated: “We will provide support so that from the legal functions we have, the companies linked to the provision of air transport services can overcome the economic difficulties they are going through, always in pursuit of job protection, as well as airport operations, and the social welfare”.

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