San Lorenzo is going through one of the most delicate moments in its recent history. In parallel with the political turmoil caused by the attempted return of Marcelo Moretti, the courts have ordered the club to pay a multimillion-dollar debt and have requested its bankruptcy due to noncompliance with commitments made to the Swiss fund AIS Group, based in Luxembourg.
Chamber C of the Commercial Court overturned a previous ruling and emphasized in its decision that "the bankruptcy petition is a declaration of insolvency that is not intended to channel the collection of an individual credit." In this regard, it warned that the cessation of payments affects the entire estate and prevents the debtor from regularly fulfilling its obligations.
The ruling ordered Ciclón to submit a statement and pay within five business days the sum of 5.3 million dollars, an amount that includes principal, interest, and penalties.
