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Workers and Ex-Employees Move to Force SanCor Bankruptcy

A Rafaela judge now weighs petitions prompted by months of unpaid wages.

Overview

  • Former employees represented by lawyer Aldo Regali filed a bankruptcy petition in the Juzgado Civil y Comercial de la Cuarta Nominación de Rafaela, citing breached “prontopago” commitments.
  • An extraordinary assembly of ATILRA voted unanimously to request a bankruptcy with continuity of operations to preserve plants and jobs, with a filing to be formalized this week.
  • The union reports unpaid salaries since April, a missing first‑half bonus, and retained contributions to OSPIL, AMPIL and ATILRA, estimating over AR$14 billion accrued in recent months alongside 1,860 pre‑concursal labor credits recognized by the company for about AR$69 billion.
  • Operational accounts diverge, with one report citing roughly 50,000 liters of milk processed daily and 90% of plants inactive, while another says receipts rose to about 300,000 liters for third‑party products in Devoto, Balnearia and La Carlota, including Tonadita butter and cheeses for La Tarantela and Punta del Agua.
  • SanCor’s creditor process opened in February without a presented restructuring plan, recent workforce cuts include 372 dismissals and about 500 jobs lost over a year, and creditor lawyers question transparency and note pending criminal cases over retained contributions.