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Uruguay

Creditors’ bankruptcy proceeding declared for Conexión Ganadera

As anticipated, on Monday the court ordered the necessary creditors’ proceeding for Conexión Ganadera (CG), thereby removing its director, Pablo Carrasco, and all current officials from their positions. The company is now under the management of a court-appointed trustee, Alfredo Ciavattone, who will oversee its administration and verify its assets and liabilities, reported El Observador.

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