St. Maarten Medical Center (SMMC) has been notified by Italian construction company INSO that its parent company, Condotte d’Acqua (Condotte) has filed for Extraordinary Administration, which is a restructuring procedure aimed at satisfying the creditors on the one side and safeguarding the continuity of the business and the employees’ rights on the other. Condotte’s going through financial turbulence was mentioned by several speakers, including Minister of VSA Emil Lee and SMMC’s General Di...