Bankruptcy declared for Márquez 4 Elementos SRL, satellite of Márquez & Asociados

An Argentine court declared bankruptcy for Márquez 4 Elementos SRL, a real estate and land financing vehicle linked to parent MRQZPABAR Desarrollos SA (Márquez y Asociados). The development signals financial distress within the group, though the scale and contagion risk to the parent remain unclear. This may affect creditor confidence and local real estate markets.