Madrid, Sep 1 (EFE) .-
Hundreds of customers affected by the intervention of Philatelic Forum and related to the company's tangible assets -600 according to attendees and 200 according to some witnesses, gathered this morning at the Commercial Court of Madrid, where the stamp company filed an appeal to avoid liquidation. Legal sources said
and the city of Madrid, customers, members of the Association of People Affected Forum Madrid, Madrid's Gran Vía cut for an hour (from 11.10 am to 12.10 pm), until the intervention of the police, let them manifest despite having no authorization, although invited not to continue the rally outside the headquarters of the PSOE in Madrid.
Association spokesman, Eduardo Berbís, told EFE that the clients tried to claim "spontaneously" to be allowed to decide the future of their savings and not imposed by the "ruinous liquidation of the company, since it expected to recover up to 25% of their investments.
The discomfort with the performance the socialist government after the intervention, the May 9, 2006, led to some of the attendees to insulting the president, José Luis Rodríguez Zapatero, according to witnesses consulted.
On the other hand, Philatelic Forum this morning an appeal against the final order of the holder of the Commercial Court No. 7 in Madrid, Santiago Senent, who in July decided not to admit to act on the proposal by the investment firm in tangible assets to pay its customers and creditors that it violates the law.
The judge considered that the proposed creditors' agreement would not return cash savings of investors and the other creditors, while it depends "in a series of events that are real conditions, content that violates the provisions of the bankruptcy law." MarketWatch
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