Overview
- Judge Leandro Julio Enríquez of Civil and Commercial Court No. 7 in Mercedes declared Lácteos Conosur S.A. bankrupt and moved the case directly to liquidation.
- The order closes and inventories the Suipacha plant, permanently disqualifies company directors, and imposes a travel ban on president Jorge Luis Borges León.
- Banks must freeze and close the company’s accounts following notification by the Central Bank, with a general asset injunction and a prohibition on any payments by the failed firm.
- Court and Central Bank records cite more than 1,000 bounced checks totaling about 8.5 billion pesos, unpaid wages for roughly 140 employees, and months of halted production with workers occupying the site.
- Creditors may verify claims until 10 February 2026, as the collapse coincides with ARSA’s recent bankruptcy under the same Maralac management, bringing combined rejected checks to over 15 billion pesos.