Three Months After the Bessa Auction Failed, 33 Million Euros Arrives From a Lisbon Property Group, and Boavista's Creditors Now Decide
The two lots carried a 32.9 million euro floor and the online auction never reached it. A Lisbon group has now gone above it. Under article 161 of the insolvency code the creditors must be told the buyer's name and every term of the deal fifteen days before anything is signed.
