Jose Maria Ruiz Mateos says he has made a verbal agreement with Angel de Cabo for the return of the companies he sold him, all at 1 euro each. He says the objective is to be able to study their viability and to resolve problems with investors. In the next few days he hopes to have a contract in place which will show the condition of the companies which will pass back to the ownership of Ruiz Mateos. He has also asked those investors to get in touch directly to find out how things are progressing. He sold around 200 companies to Angel de Cabo and a couple of others, all for 1 euro, but all they ended up with were empty shells, and they have now initiated legal proceedings for fraud.
Shakespeare
The VII Homage to Shakespeare will take place in the Gonzalez Hontoria park in Jerez in November. There is a monument to him (one of the greatest promoters of Sherry) in front of which there will be a traditional Sherry toast, a floral offering and a poetry recital.
The 2012 cork harvest
Andalucia's 2012 cork harvest which ended officially at the end of August has shown losses of between 15 and 20 million euros. More than 50% of the bark remained on the trees (800,000 of the forecast 1,500,000 quintals) due to the crisis and weather conditions, according to Javier Benitez, director of the cork sector of COAG-A.
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| The cork harvest |
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