Gaucho holdings initiates chapter 11 reorganization to protect core assets

Strategic filing aims to protect operational continuity for the benefit of stockholders miami, fl / accesswire / november 13, 2024 / gaucho group holdings, inc. (nasdaq:vino), a company that includes a growing collection of e-commerce platforms with a concentration on fine wines, luxury real estate, and leather goods and accessories (the "company" or "gaucho holdings"), today announcedthat it has filed a petition pursuant to chapter 11 for a reorganization plan. this decision comes as part of a strategic effort to protect the company's valuable assets, including algodon mansion and algodon wine estates in argentina, and ensure continued operations while navigating current legal challenges.
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