Coopera assets go out on bid

Jan 15, 2014

Liquidator for the failed financial cooperative Coopera, Diego Aguilar, is seeking bids on several Coopera properties. Proceeds from the sales will go to settle debts to creditors and to compensate some of the coop members who have not be reimbursed, Aguilar said.

Properties for sale include Coopera’s San Joaquin headquarters and food markets in Puertas del Sol and a restaurant and inn in Yunguilla.  Aguilar said he is also planning to put other Coopera assets out on bid in the near future.

Aguilar says that the Coopera financial shortfall stands at $56.7 million.

 

 

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