Argentine dairy Lácteos Verónica faces creditor meeting after 10-month wage arrears

A court has approved a creditors' meeting for Lácteos Verónica, a major Argentine dairy firm that halted operations at its three plants in January and owes over $16 billion (Argentine pesos) to creditors, including bounced checks and unpaid financial obligations. The company's assets are frozen, with creditor verification open until February. This signals a significant corporate distress event in Argentina's dairy sector, potentially affecting supply chains and regional employment.

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