CorpGroup Interhold SpA opposed the Plan Administrator’s bid to close Corp Group Banking S.A.’s Chapter 11 case, asking the Court to deny the relief because unresolved wind-down issues remain under an earlier cross-motion. The Objection to Case Closing Motion puts the proposed final decree into dispute.
The underlying Motion for Final Decree and Case Closure seeks to close CGB’s case, terminate claims and noticing services, and obtain related relief; CGB is the sole remaining open case. Rather than proceed on June 12, the contested matter was adjourned to a date to be agreed by the parties in the Second Amended Agenda, delaying the case’s administrative exit.
CorpGroup Interhold SpA and Corpgroup Holding Inversiones Limitada objected to the Plan Administrator's bid for a final decree closing Corp Group Banking S.A.'s Chapter 11 case, opposing the request to close the case, terminate claims and noticing services, and grant related wind-down relief. The objection targets the Plan Administrator's closing motion at Dkt. 1122 and asks the court to deny closure because the estate is not fully administered while contested post-confirmation matters remain open, according to the Objection to Case Closing Motion.
The objectors say the unresolved items include a pending TSA cross-motion, unpaid transition-services work dating back to January 2023, ongoing Chilean tax obligations, and continued personal legal and tax exposure for Andrés Winter Salgado, who allegedly remains legal representative because the Plan Administrator has not replaced him. The practical point is that the case-closing push is now contested on live administrative-liability grounds, so professionals tracking the wind-down should not treat final closure as a clean ministerial step.
Loading defined terms…