Martinsa-Fadesa fails to submit accounts on time

Martinsa-Fadesa, a giant Spanish property developer which went into receivership in July with debts of EUR5.2bn (GBP4.3bn, USD7.5bn) has failed to submit its accounts for the half-year on time. According to the company they have notified the Comisión Nacional del Mercado de Valores (CNMV) that there will be a delay of "a few days more", because of the complexity of preparing the accounts and