Emeraude future hangs in balance

Emeraude future hangs in balance

And the French press reported over the weekend that the company behind the one bid left on the table, Le Havre-based Sogestran, has expressed reservations about buying the assets of the troubled firm.The reason, they say, is the possibility that the company would have to agree to pay the £800,000 or so Emeraude still owns to creditors in Jersey before being granted a ramp licence by the Harbours and Airport Committee.But committee president Senator Len Norman has denied that paying Jersey creditors is a precondition to being awarded a permit.Pressure group Save Emeraude, meanwhile, is calling on the States to put pressure on Senator Norman to issue a temporary licence to Sogestran should the French tribunal determining the ferry firm’s fate – which is due to sit on Wednesday – accept its offer over liquidating the company.

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