Judicial Power Issues Precautionary Measure in Favor of Gremco in Universitario de Deportes Case
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The Judicial Power issued a precautionary measure in favor of Gremco Corp., ordering the provisional lifting of the suspension of the insolvency procedure against Universitario de Deportes. This allows Gremco to advance towards calling a Creditors' Meeting, but several legal steps must be complied with before the meeting can take place. Universitario de Deportes plans to appeal the measure.
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