Court rejected the ‘mandatory insolvency proceeding’ request for Somicar

According to unofficial information shared by newspaper Cambio, the court dismissed the “mandatory insolvency proceeding” for Somicar and archived the request filed in Salto. Now, the Commission for the Promotion and Defense of Competition in the country’s capital will manage the file for the Salto-based slaughter plant. The information indicates that the next step will be the initiation of a “voluntary insolvency proceeding.”