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ABANCA goes to the Supreme Court to recover 19.4 million from Miguel Pais do Amaral
Business
Investments

ABANCA goes to the Supreme Court to recover 19.4 million from Miguel Pais do Amaral

SAPO Notícias14 September 2026 at 07:30

Bank ABANCA appealed to the Supreme Court of Justice to try to recover 19.4 million euros related to Miguel Pais do Amaral. The financial institution claims that the company AHS-Investimentos, SA, which was linked to the businessman, has already breached several previously approved Special Revitalization Plans (PER).

According to the banking institution, the company is in a situation considered unviable, characterized by the absence of liquidity. This is not the first time that revitalization plans have been presented for this company, all of which have been breached over time.

The process now referred to the Supreme Court represents a new attempt by ABANCA to recover the amounts in question, in a context where previous revitalization solutions did not produce the expected effects. The financial situation of AHS-Investimentos, SA is described as irreversible by the financial institution.

Why this matters

This process is relevant for readers in the region because it involves a significant amount and a case of repeated breach of revitalization plans, warning about the risks that creditors face when companies fail to comply with restructuring agreements, and can serve as a precedent for similar cases in the financial sector.

About this summary

This is our short summary of a report published by SAPO Notícias on 14 September 2026 at 07:30; the full text stays with the publisher. In our feed it sits under Business. We currently carry 22508 items in that section.

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