Overview
- Judge Federico Güerri of Commercial Court 29 declared ARSA bankrupt and ordered total liquidation with asset freezes and industrial closures.
- The syndic Guillemi & Rosental will oversee the process, while banks and payment firms must close ARSA accounts and transfer balances to Banco Ciudad.
- Operations at the Arenaza (Buenos Aires) and Monte Cristo (Córdoba) plants are shut, leaving roughly 400 workers without active jobs after months of inactivity.
- Court filings list ARS 49.7 billion in recognized liabilities and ARS 67.3 billion in guarantees, with creditor claims due by February 9, 2026.
- Company president Santiago Jesús Segovia Brun faces a travel ban and must appear before the court on December 11.