Spanish Town Burguillos Fights Vulture Fund Attempt to Dissolve Local Government

The municipality of Burguillos is resisting pressure from creditor firm KSAC, which purchased €27 million in municipal debt for €7 million and is now demanding the dissolution of the town council to recover losses.

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el-mundoSpanish3d ago

Burguillos, el pueblo que resiste a las "prácticas mafiosas" del 'fondo buitre' que quiere disolver el Ayuntamiento: "Hago lo imposible por pagar. No tienen escrúpulos"

Afronta un pufo heredado de 27 millones con un presupuesto de 5,5 millones. La sociedad acreedora, KSAC, que compró la deuda en 2023 por sólo 7 millones, exige a la Junta la disolución del Ayuntamiento Leer

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Spanish Town Burguillos Fights Vulture Fund Attempt to Dissolve Local Government

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Burguillos, el pueblo que resiste a las "prácticas mafiosas" del 'fondo buitre' que quiere disolver el Ayuntamiento: "Hago lo imposible por pagar. No tienen escrúpulos"

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