Gaucho announces court approved settlement and timeline to emerge from chapter 11

Settlement terms approved; company to exit chapter 11 on or before june 2, 2025 miami, fl / access newswire / march 31, 2025 / gaucho group holdings, inc. (otc:vinoq), 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"), announced that on march 28, 2025, the united states bankruptcy court approved a settlement agreement between the company and a major creditor in connection with its pending chapter 11 case. the court's approval of the settlement allows the parties to satisfy the terms required before closing of the settlement, which shall be no later than may 22, 2025, unless extended by the consent of both parties.
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