Skip to content

Insolvency of Casa results in the shutdown of 13 décor stores across Portugal, as their assets go up for auction

Financial distress of Casa home decor chain in Portugal results in over 100 creditors, including the Tax Office, Social Security, and 62 employees, demanding a combined €2.6 million in outstanding debt. The chain's collapse forced the permanent shutdown of all 13 stores nationwide.

Folding of Casa results in shutdown of 13 decorative stores across Portugal: inventory is being...
Folding of Casa results in shutdown of 13 decorative stores across Portugal: inventory is being auctioned off

Insolvency of Casa results in the shutdown of 13 décor stores across Portugal, as their assets go up for auction

Portuguese home textile chain Casa has filed for insolvency, leaving a total debt of €2.6 million for 106 creditors, including the tax office, social security, and 62 workers.

Among the creditors, the name of the insolvency administrator remains unknown, as search results do not provide this information. However, one name that is not included in the list of creditors is that of journalist Pedro Carreira Garcia.

Contrary to some speculation, Pedro Carreira Garcia is not among the 62 workers who are creditors of Casa, nor is he involved in the insolvency of the company. Additionally, the average debt owed by Casa to its creditors does not include any funds owed to Pedro Carreira Garcia.

The 13 Casa establishments have been permanently closed due to bankruptcy, but Pedro Carreira Garcia is not associated with the closure of these stores. His role, if any, in reporting on the insolvency of Casa is not specified in the provided text.

The debt owed by Casa to each creditor is approximately €24,615 on average. The Tax Office is among the creditors of Casa, along with the social security office and the 62 workers.

It is important to note that Pedro Carreira Garcia is not responsible for the debt owed by Casa, nor is he involved in any way in the debt owed by Casa to the Tax Office, Social Security, or any other creditor. Furthermore, Pedro Carreira Garcia is not part of the group of 106 creditors.

In conclusion, Casa's bankruptcy has left a significant financial impact on many creditors in Portugal, but Pedro Carreira Garcia is not among them. The insolvency administrator's name has yet to be disclosed, and Pedro Carreira Garcia's role in reporting on the insolvency of Casa remains unclear.

Read also:

Latest

In this picture I can see there is a super market here and it has some groceries and there are some...

Open Banking Expo Canada

Canada's Consumer-Driven Banking framework has entered its next phase and 2026 will be a defining year. Following the Federal government's commitment in Budget 2025 to complete the Consumer-Driven Banking Act and move oversight to the Bank of Canada, Open Banking Expo Canada is where the...