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Market Square: court decision on Friday, but “no hope of recovery” according to the unions

Although the Lyon commercial court decision is expected on Friday, unions are pessimistic about the future of the company, which should put some 1,600 employees out of business.

The Lyon commercial court deliberated this Friday its decision on the future of the food delivery company Place du Marché (formerly Toupargel), which has 1,600 employees, but which according to the unions has “no hope of recovery “.

“The court has deliberated on the judicial liquidation order within 48 hours,” the president of the Place du Marché, Brieuc Fruchon, explained to the press at the end of Wednesday’s hearing. “The judge said that he needed to take that 48-hour period given the importance of the case and the number of employees in the group” but “there is no hope of recovery,” said the secretary of the Economic and Social Committee (CSE), Wafaa Kohily ( CGT).

>> More information to come on BFM Business in a few moments. Also find live videos of BFM Business and Follow us on Twitter.

Author: TT with AFP
Source: BFM TV

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