“It is important to somehow try to find solutions, I don’t know if it involves selling some titles, but it probably will,” said the president of SJ, on the day when the insolvency plan presented by the owner of Visão was not approved by the court, which ordered the closure of its operations.
Luís Simões also stated that “the person who drove the company to this state was Luís Delgado” and added that “it is not a solution for Luís Delgado to return, no matter how much he promises to inject one and a half million euros to enable the company to meet its obligations.”
“The truth is that there are still salary delays, and the truth is that the most basic obligations of the company towards its employees are not being respected,” reiterated the president of SJ.
In today’s decision by the Judicial Court of the District of Lisbon West, accessed by Lusa, the judge decided not to approve the insolvency plan presented by Trust in News.
Consequently, “I terminate the administration of the insolvent estate by the debtor, assumed since 06/09/2025 as per the request filed on 06/04/2025” and “declare the suspension of liquidation ended as determined by the creditors’ assembly held on 01/29/2025.”
TiN shareholder Luís Delgado meanwhile told Lusa that he will appeal the decision that orders the closure of the company that owns, among other titles, Visão, Exame, Jornal de Letras, Activa, Telenovelas, TV Mais, and Caras.
“If possible, we will appeal the decision not to approve the insolvency plan that was approved by 77% of creditors,” stated the manager.
Founded in 2017, Trust in News owns 16 media outlets in print and digital platforms.
