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Court declares the bankruptcy of Sartor's matrix for a million-dollar debt with BCI
CL🏛️ Politics10 hr. ago

Court declares the bankruptcy of Sartor's matrix for a million-dollar debt with BCI

A court in Santiago has ordered the forced liquidation of Asesorías e Inversiones Sartor S.A., a financial advisory firm controlled by businessman Pedro Pablo Larraín, due to a $5.724 billion debt owed to BCI Corredor de Bolsa. The decision follows a request filed by BCI on January 10th, citing non-payment of this massive debt. This marks a significant setback for Grupo Sartor, which is already embroiled in a dispute with the Financial Markets Commission (CMF). The CMF revoked the company’s operating license in December 2024 after finding serious irregularities in its business model and conflicts of interest that violated financial laws and harmed investors. The court appointed Eduardo Godoy Hales as the main liquidator and Francisco Javier Gamé Hardessen as his substitute, ordering the seizure of all assets, documents, and books of the company, with support from police forces. Sartor had previously opposed the bankruptcy filing, calling it 'improcedent, opportunistic, and abusive,' and outlined its three largest creditors, including BCI Corredor de Bolsa, Vector Capital Corredores de Bolsa, and the Sartor Private Debt Fund. The company claims it maintains active commercial ties to

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La Tercera logoLa TerceraIndependent🔒CenterFactual 85Objective 6510 hr. ago
Court declares the bankruptcy of Sartor's matrix for a million-dollar debt with BCI

A court in Santiago has ordered the forced liquidation of Asesorías e Inversiones Sartor S.A., a financial advisory firm controlled by businessman Pedro Pablo Larraín, due to a $5.724 billion debt owed to BCI Corredor de Bolsa. The decision follows a request filed by BCI on January 10th, citing non-payment of this massive debt. This marks a significant setback for Grupo Sartor, which is already embroiled in a dispute with the Financial Markets Commission (CMF). The CMF revoked the company’s operating license in December 2024 after finding serious irregularities in its business model and conflicts of interest that violated financial laws and harmed investors. The court appointed Eduardo Godoy Hales as the main liquidator and Francisco Javier Gamé Hardessen as his substitute, ordering the seizure of all assets, documents, and books of the company, with support from police forces. Sartor had previously opposed the bankruptcy filing, calling it 'improcedent, opportunistic, and abusive,' and outlined its three largest creditors, including BCI Corredor de Bolsa, Vector Capital Corredores de Bolsa, and the Sartor Private Debt Fund. The company claims it maintains active commercial ties to

Bias read (Center): The article presents factual developments regarding a corporate bankruptcy proceeding involving financial institutions and regulatory authorities. While the subject involves financial regulation and legal disputes, there is no clear ideological framing or emphasis on specific political agendas. The

Why these scores (Factual 85 · Objective 65): The article provides detailed information about the court ruling and includes quotes from legal documents. It accurately reports the debt amount and the dispute with CMF. However, it presents the company's opposition as 'improcedente, oportunista y abusiva' which introduces subjective language, affe

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