With debts of 2.5 million euros, Café Relógio in Camacha will close

The meeting of creditors, who met this Monday, approved the closure and liquidation of the emblematic coffee place in Camacha. 40 employees have overdue salaries and creditors claim 2.5 million euros.

Creditors are awaiting the decision on the appeal requested by the company’s lawyer with the Lisbon Court of Appeal, to proceed with insolvency.

From RTP Madeira

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