Financial Trouble for Kiosk Operators
The company managing the Strasse Park kiosk in Tenerife’s García Sanabria park has declared insolvency and is unable to meet its debts, at least temporarily. This was confirmed by the Social Court number 5 of Santa Cruz de Tenerife on 16 September, after establishing that the company lacks sufficient assets to settle its obligations. The insolvency declaration by a social court suggests that it may be linked to a labour-related asset claim, such as unpaid wages.
Significant Debts Accumulated
In parallel, the company owes approximately €150,000 for illegally tapping into the municipal electricity supply of García Sanabria park for years. However, recovering this debt will be…