Liquidation ordered for Colchones Paraíso and Muebles y Accesorios company.

The Superintendency of Corporations has issued an order for the liquidation of the companies Colchones Paraíso and Muebles y Accesorios, citing breaches in payments to creditors. This decision comes after a review of creditor arguments revealing a consistent failure to meet administrative expenses, consequently jeopardizing the companies’ recovery process. As a result, SuperSociedades is currently seizing assets to conduct a comprehensive asset valuation. Stay tuned for more updates on this developing story…