The only balance that the court found was less than one euro, 0.13 euro
Bodega Antion Proconsol SL also has several small debts more with Social Security and several suppliers are insolvent despite cask wine has a value of 2.9 million euros and 5.7 million fixed assets.
The Mercantile Court 1 of Vitoria has agreed to a request to declare the principal creditor in bankruptcy to the winery, the company Acciona, makes it clear that "it is insolvent both who can not meet because they lack sufficient assets to cope with to debts, as one can not do despite having sufficient assets, lack of liquidity, and ultimately a lack of credit. "
Another emblems Elciego Acciona Infrastructures before Necso Entrecanales, reached an agreement on 21 November 2003 Bodega Antion Proconsol before Proconsol vineyards and wineries, to build a winery in Elciego "relevant and modern." The spectacular building soon became one of the emblems of Elciego after Marques de Riscal awesome that Frank Gehry designed. On October 30, 2008 was an acknowledgment of debt notarial intervention of both commercial and construction, and with its current name, Acciona Infrastructure, for a total of EUR 5,003,069.43 payable in 60 days.
Acciona Proconsol sued by not meeting the payment schedule and the June 24, 2011 the Court of 1st Instance No. 3 Proconsol Vitoria condemned the payment of 5,003,069.43 euros. On October 7 the judgment executed and added to the principal, EUR 49,799.99 in interest and other 1.25 million for interest and costs. But the hold "no reply".
The court found a plot but with individual mortgages Caja Rioja, amounting to 5,194,940 euros, Caja Vital, of 6,169,940 euros, Cajalón of 6,669,940 euros, and Cajastur of 5.7 million euros, plus debt with Social Security.
Antion has owned a vineyard of 100 hectares, producing 200,000 bottles a year, has 150 barrels and targets 75% of production to foreign markets. The building project was given by Pascual J.Marino and Associates study.
However, Proconsol not have cash to deal with construction debt, as recognized by the court to the applicant. The only balance the court found amounted to 0.13 euros. The rest you was by a long list of creditors recognized by court.
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