Financial Strains: Embargos Threaten Lácteos Vidal
Sourse: dairynews.today
Lácteos Vidal is grappling with financial embargos over $200 million, affecting its operations amid labor disputes.
Lácteos Vidal, an Argentine dairy company, is facing significant financial challenges due to embargos exceeding $200 million, a result of ongoing legal conflicts with Atilra, the labor union.
The National Labor Court No. 69 has reactivated these embargos following penalties for supposed failures to reinstate dismissed workers from 2022. The financial strain includes $47 million in penalties, $120 million as a precautionary embargo, and $36 million in interests and costs. The dispute originated from prolonged union blockades and the termination of 26 employees, with eight cases still pending in court. Alejandra Bada Vázquez, the company co-owner, claims that the embargo ties her hands, jeopardizing salaries and daily operations.
The union maintains this is the first sanction for previous court ruling breaches, suggesting more could follow if issues persist. A judicial hearing is scheduled for September with the involved employees, underscoring the delicate balance between judicial decisions, labor conflicts, and the sustainability of agro-industrial SMEs. The situation not only impacts the company but also the broader dairy chain and local community.
The National Labor Court No. 69 has reactivated these embargos following penalties for supposed failures to reinstate dismissed workers from 2022. The financial strain includes $47 million in penalties, $120 million as a precautionary embargo, and $36 million in interests and costs. The dispute originated from prolonged union blockades and the termination of 26 employees, with eight cases still pending in court. Alejandra Bada Vázquez, the company co-owner, claims that the embargo ties her hands, jeopardizing salaries and daily operations.
The union maintains this is the first sanction for previous court ruling breaches, suggesting more could follow if issues persist. A judicial hearing is scheduled for September with the involved employees, underscoring the delicate balance between judicial decisions, labor conflicts, and the sustainability of agro-industrial SMEs. The situation not only impacts the company but also the broader dairy chain and local community.
