Independent journal on economy and transport policy
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SeaFrance is placed in judicial liquidation
The society will have to continue to operate on 28 January until. Rejected the offers introduced from DFDS-LDA and the dependent of the company. Proposed new of purchase will have to reach within on 12 December
November 16, 2011
Today the commercial court of Paris has established to place in judicial liquidation SeaFrance, but the company that will have however to continue to operate own marine service for passengers and rotabili between Calais and Dover until next 28 January. Moreover the court has rejected the offers in order to acquire the society introduced from Danish DFDS with the French Louis Dreyfus Armateurs (LDA) and from the dependent of the same SeaFrance through union CFDT, while the expiration of next 12 December for the proposed new reception is placed.
In particular, the court has considered that the application of the proposed industrial plan of network DFDS-LDA, that five million than euro for the acquisition three ships of SeaFrance let alone the halving of the dependent to 460 units preview an investment of 50 million euros more others ( on 26 July 2011), it would have ulteriorly damaged the activity and the economic results of the company.
According to the court, moreover, the proposal advanced from CFDT does not anticipate the cover financial institution necessary in order to put into effect it. However the decision of the judges is received with favor from the union, supporter of the constitution by the dependent of the company of a Scop, a society participatory cooperative and, with the objective to conserve all the 880 places of job of the company. CFDT, that it has defined the sentence a "partial victory", considers in fact possible to retrieve the resources financial institutions in order to allow with SeaFrance to continue the activity after on 28 January and with this objective it has sped up the participation of the institutions.
Learned the pronunciamento of the court, the French minister of the Transports, Thierry Mariani, it has said that "this decision does not close some door and offers a period of time in order to save the company". The minister has remembered that for three years the government has completed every effort in order to assure a future to the company and in order to safeguard the places of work, efforts that are culminated with the mission 14th October to Brussels in order to advocate the cause of the plan of restructure of the company to the European commissioner to the Competition, Joaquín Almunia. Marian he has emphasized that after the next failure of the plan by the EU commission, than - has newly emphasized - it is "difficult to understand" ( on 25 October 2011), the government has decided to introduce resorted, action that however does not have suspensory effect.
SeaFrance has while announced that it will resume the Must service, suspended yesterday waiting for the sentence, with modalities that will be returned notes in the next hours.
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