Aware of the immediate impacts the insolvency filling of Inapa Deutschland will have on Inapa IPG, the Board of Directors of Inapa IPG met and analyzed its financial situation, concluding that Inapa IPG is consequently and imminently insolvent, and therefore decided also on presenting Inapa IPG to insolvency under Portuguese law.
It is further noted that the Chairman of the Board of Directors, who is also Chairman of the Executive Committee, Frederico Joo de Moser Lupi, also presented his resignation to the Chairman of the Audit Committee.
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