The Liège company court decided on Wednesday to cede the two Liège sites (Flémalle and Tilleur), which will be protected by creditors for a period of at least six months, to Liberty Steel, the regional secretary said Saturday morning. Verviers, Jordan Atanasov, confirming the information published on Tijd’s columns.
Unlike last year, the judicial reorganization procedure (PRJ) was not granted at the request of the company, but of the observer agent who noted that the situation was deteriorating by the day, according to Mr. Atanasov. Liberty Steel can still appeal the decision, but the arguments for a PRJ are strong, Atanasov said.
The goal is still to obtain the formal commitment of the company to sell the two sites in Liège, for which interest has already been expressed, continues the regional secretary.
An extraordinary works council will be held on Monday.
The more than 650 workers at two locations in Liège have been unemployed since September.
Unlike last year, the judicial reorganization procedure (PRJ) was not granted at the request of the company, but of the observer agent who noted that the situation was deteriorating by the day, according to Mr. Atanasov. Liberty Steel can still appeal the decision, but the arguments for a PRJ are strong, Atanasov said. The goal is still to obtain the formal commitment of the company to sell the two sites in Liège, for which interest has already been expressed, continues the regional secretary. An extraordinary works council will be held on Monday. The more than 650 workers at two locations in Liège have been unemployed since September.
