Overview

• The National Commercial Court No. 7 under Judge Fernando D’Alessandro published an edict on August 5 opening a special registry for buyers of Garbarino and Compumundo.
• Interested parties must deposit ARS 400,000 and submit a written offer by August 12 to secure a place in the registry.
• If no bids are registered by the deadline, the court will automatically declare final bankruptcy for both brands without additional proceedings.
• Should offers materialize, the judge will appoint an independent evaluator to value the company’s shares and reopen negotiations with creditors.
• Garbarino has been in a preventive creditor regime since 2021, shrinking to five stores with 22 employees while carrying obsolete inventory, mounting wage bills and thousands of labor claims.