Chilean fruit company declared bankrupt
The story reported the company itself requested proceedings, while the main creditors to the business were founder Fernando Barros and his son Alejandro with a value of US$9.8 million (4.7 billion Chilean pesos).
The second-largest creditor was BancoEstado with US$7 million (3.4 billion Chilean pesos), followed by Alejandro Barros' company Agrícola Campusano with US$3.5 million (1.7 billion Chilean pesos).
Sources told newspaper La Segunda, Aconex's initial strategy was to negotiate a preventative agreement with banks and carry out an orderly liquidation of assets, but this possibility was rejected by the banks.
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