Julia Group calls off payments

godking
16 May 2003 6:00am

Different Spanish media organizations have learned, according to the Balaguer Morera & Associates Law Firm, that the Julia Group has filed a payment deferral lawsuit against three Barcelona-based trusteeships that now amass 38.3 million euros in current liabilities. The fact that the group is now pressing charges of overdue debts is closely linked to a demand meltdown in the tourist sector.

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