The insolvency proceedings were filed in February 2020 but the Order declaring the insolvency proceedings did not arrive until 21 September 2021, partly due to the pandemic suffered and the technical and documentary complexity of the application and the oppositions raised by AS and AR.

The so-called "Concurso de Acreedores" is an insolvency procedure aimed at resolving an extraordinary economic situation of crisis. Each of its four stages aims to ensure that as many creditors as possible can expect to recover their claims.