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Court Orders Liquidation of La Suipachense, Shutting Plant and Freezing Assets

A Mercedes judge placed the dairy under full judicial control after months of halted production with wages unpaid.

Overview

  • Judge Leandro Julio Enríquez of Civil and Commercial Court No. 7 in Mercedes decreed bankruptcy on November 8 and opened immediate liquidation of Lácteos Conosur S.A., operator of La Suipachense.
  • The ruling closed the Suipacha plant, transferred assets to the court-appointed sindicatura, disqualified company directors, and restricted travel for president Jorge Luis Borges León.
  • The court ordered notification to the Central Bank to block accounts, embargo balances, inhibit payments, and secure books and records while the inventory proceeds.
  • Judicial filings cite roughly AR$8.458 billion in bounced checks and over AR$1 billion in labor and sector claims, with about 140 to 150 workers left without jobs after prolonged stoppages.
  • Creditors may verify claims until February 10, 2026, as the case adds to the sector’s strain following the recent bankruptcy of ARSA, another dairy managed by the Venezuelan group Maralac.