Gaucho Group Holdings to Exit Chapter 11 by June 2025

Gaucho Group Holdings, Inc. announced the approval of a settlement by the United States Bankruptcy Court related to its Chapter 11 case. The approval facilitates the company's planned exit from Chapter 11 bankruptcy by June 2, 2025. A major creditor has agreed to the terms, allowing both parties to resolve outstanding claims.

The Miami-based company, focusing on e-commerce platforms for fine wines, luxury real estate, and leather goods, sees this development as a stabilizing step. The settlement terms require Gaucho Holdings to move for dismissal of the bankruptcy case by early June. The court will oversee the settlement's implementation.

This event positions Gaucho Holdings to actively pursue future growth opportunities in Argentina, particularly with recent positive economic reforms in the region. The company remains optimistic about leveraging these developments for potential expansion.