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SNC-Lavalin refuses the settlement request submitted by Tecnocys

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Lavalin Chile is a subsidiary of the Canadian firm, globally the firm faces a complex financial situation, which has put at risk its investment grade. Subsequently, a contract of US $ 260 million was conferred to build two acid plants in the Chuquicamata smelter of Codelco. The legal action against SNC-Lavalin was presented by Tecnocys, in which it affirmed non-compliance with the payments established in the contract for the construction of the sulfuric acid plants for the Chuquicamata Foundry. “There is a green light to move forward with the forced liquidation process, which includes the appointment of the liquidator, the seizure of the assets and all the actions that a bankruptcy process entails,” explained the plaintiff lawyer Luis Gálvez. In this way, the company denounced expressly stated that the alleged executive title that was challenged before that court can be refuted at a later stage, that is, precisely in the liquidation trial. All this sharpened the situatio...

Build Innova, a new way to update and do business...

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Trends in the residential construction of tomorrow The residential development of the next few years involves betting on Construction, according to the Official College of Surveyors and Technical Architects. Through the application of new methods and technologies, transform the construction processes of housing "to make them more safe, effective, efficient and productive." The trends in the field of Spanish residential real estate that will take place as a result of the fusion between innovation, technology, and construction. Commitment to sustainability The first novelty that in the coming years will mark the destiny of the construction sector in Chile is its commitment to sustainability. New Materials Transparent aluminum, graphene and reflective concrete are some of the materials on which the new constructions will be based. These concentrate, from the professionals of the Digital Construction HUB organization, “the greatest number of advances” t...

Trends in the residential construction of tomorrow...

Imagen
The residential development of the next few years involves betting on Construction, according to the Official College of Surveyors and Technical Architects. Through the application of new methods and technologies, transform the construction processes of housing "to make them more safe, effective, efficient and productive." The trends in the field of Spanish residential real estate that will take place as a result of the fusion between innovation, technology, and construction. Commitment to sustainability The first novelty that in the coming years will mark the destiny of the construction sector in Chile is its commitment to sustainability. New Materials Transparent aluminum, graphene and reflective concrete are some of the materials on which the new constructions will be based. These concentrate, from the professionals of the Digital Construction HUB organization, “the greatest number of advances” that the sector will experience in the coming years. ...

SNC-Lavalin robustly refuses the settlement request submitted by Tecnocys...

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Lavalin Chile is a subsidiary of the Canadian firm, globally the firm faces a complex financial situation, which has put at risk its investment grade. Subsequently, a contract of US $ 260 million was conferred to build two acid plants in the Chuquicamata smelter of Codelco. The legal action against SNC-Lavalin was presented by Tecnocys, in which it affirmed non-compliance with the payments established in the contract for the construction of the sulfuric acid plants for the Chuquicamata Foundry. “There is a green light to move forward with the forced liquidation process, which includes the appointment of the liquidator, the seizure of the assets and all the actions that a bankruptcy process entails,” explained the plaintiff lawyer Luis Gálvez. In this way, the company denounced expressly stated that the alleged executive title that was challenged before that court can be refuted at a later stage, that is, precisely in the liquidation trial. All this sharpened the situatio...