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Wednesday 14 December 2011
 

Liquidation of Richard Ducros: Justice upheld the conviction of Fayat

 
The Court of Appeal of Nimes Tuesday confirmed the conviction of the Bordeaux group of BTP Fayat to pay 12 million euros to the liquidator of the company Richard Ducros owned, amount to be allocated to the PES in a decision which AFP Wednesday was a copy
 
 
Liquidation of Richard Ducros: Justice upheld the conviction of Fayat
 

The Court of Appeal of Nimes Tuesday confirmed the conviction of the Bordeaux group of BTP Fayat to pay 12 million euros to the liquidator of the company Richard Ducros owned, amount to be allocated to the PES in a decision which AFP Wednesday was a copy

 

The decision confirms the order by May 19 the judge of the High Court of Ales (Gard), which had condemned Fayat to pay "$ 12 million plan to assign to the backup employment "(PSE) of the company Gorria Me, executor of Richard Ducros

 

D'after a spokesperson, the group will lodge an appeal

 

The CGT union welcomed the decision of the Court of Appeal, which is a real success for Richard Ducros 284 employees who lost their jobs due to business closure

 

"After the violence of the dismissal (), The total refusal to Fayat to participate in social, development plight of SMEs and SMIs Basin Ales, Justice rendered its verdict relentless Fayat and his accomplices, "he said in a statement

 

Number four in construction in France, Fayat was notably successful with Vinci to build the new stadium in Bordeaux

 

The liquidation of Richard Ducros, founded in 1868 and specializes in building bridges, bridges and towers, was decided on May 5 by the Commercial Court of Paris, seven months after its purchase by Fayat to 2.3 million euros, an amount specified in the decision of the Court of Appeal

 

This group achieved a turnover of 2.7 billion euro en2010 and with over 17000 employees according to its website, had initiated bankruptcy proceedings of Richard Ducros partly because of "an economic and financial situation deteriorated"

 

According to his opponents, had bought Fayat Richard Ducros knowingly before refusing to put any money in the company

 

The Court of Appeal "rightly that the trial judge found that the explicit refusal to participate in financing Fayat PES created a manifestly illegal" by preventing the implementation of a plan sufficient

 

She also noted that the Bordeaux group was "able to fund a backup plan that includes all aid and planned actions" by law

 
Listed in: BTP, Industry, Social, Lawsuit

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