Overview

• Sala C of the Commercial Chamber overturned a lower-court ruling and ordered San Lorenzo to be intimated to pay US$5.3 million claimed by AIS Investment Fund SCA Sicav Raif.
• The notification was issued on August 18 according to multiple reports, with several outlets citing a five‑business‑day window to respond, though at least one legal analysis says no explicit deadline appears in the ruling.
• If payment is not credited within the timeframe ultimately set by the court, proceedings could advance toward a bankruptcy declaration with risks to club administration, competition eligibility, and key assets, specialists warn.
• Club officials say they will appeal the decision and are seeking urgent funding or a negotiated plan to stave off a judicial process.
• On the same day, suspended president Marcelo Moretti arrived at the Avenida La Plata headquarters with a notary and was denied entry on orders from secretary general Martín Cigna, with reports of potential board resignations if he is reinstated.