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The Justice Opens a "Third Way" to Avoid the Bankruptcy of Algodonera Avellaneda and Stops the Conflict with the Banco Nación - InfoGreemiales

Judge Fabián Lorenzini granted a new respite to Algodonera Avellaneda by enabling a "third way" of negotiation that postpones the definition on the exclusion of the vote of the Banco Nación. With more than 80% of the liability in the hands of the official entity and a debt that exceeds 6,8 billion pesos, the textile company linked to the Vincent group has until August 10 to improve its offer and avoid bankruptcy. The Court of First Instance in C…
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Judge Fabián Lorenzini granted a new respite to Algodonera Avellaneda by enabling a "third way" of negotiation that postpones the definition on the exclusion of the vote of the Banco Nación. With more than 80% of the liability in the hands of the official entity and a debt that exceeds 6,8 billion pesos, the textile company linked to the Vincent group has until August 10 to improve its offer and avoid bankruptcy. The Court of First Instance in C…

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infogremiales.com.ar broke the news on Monday, July 6, 2026.
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