#CuraumaCase #CasoCurauma

What is the #CuraumaCase ? Chile - Since 2013, the "Curauma Case" is more than a private dispute over land plots. It involves the vision of Chilean entrepreneur Manuel Cruzat Infante, who, through his company Curauma S.A., sought to create "Curauma, the New City," the largest real estate project in central Chile since 1990. This project was planned as the natural expansion of Greater Valparaíso, strategically connecting Santiago and Valparaíso, aiming to become a hub for development in the central macro-zone. However, the case reveals a significant antagonist: Euroamerica Seguros de Vida, led by #HenryComber , a prominent figure also accused in October 2024 of orchestrating collusion in Chile’s casino industry. This financial institution, one of the country’s largest insurance companies, allegedly leveraged its influence to manipulate Curauma S.A.'s bankruptcy process, undermining Cruzat’s vision. Comber, whose business dealings have drawn scrutiny for alleged ...

Chile, Oct 2024 -  The #CuraumaCase revolves around the fraudulent bankruptcy forced upon the company Curauma S.A., controlled by entrepreneur Manuel Cruzat Infante. This bankruptcy, widely deemed illegal, constitutes a serious breach of the rule of law and Chile's economic public order. The process was plagued with irregularities and manipulations designed to strip the company of its assets and benefit the lender, Euroamerica Seguros de Vida, along with its controllers, Henry Comber (recently implicated in Chile's Casino Collusion Case for alleged anti-competitive practices) and Nicholas Davis. These actions involved the abuse of judicial mechanisms, manipulation of the case assignment algorithm, and questionable use of legal standards. In 2013, attorney Julio Bustamante Jeraldo, a former director of Curauma S.A., filed for bankruptcy in Santiago despite the company’s legal domicile being in Valparaíso, in clear violation of existing regulations. The filing was based on an a...

Valparaíso, 2024 - In the heart of Chile’s Fifth Region, Curauma emerged in the mid-90s as an innovative project: a satellite city designed to ease congestion in Valparaíso and Viña del Mar. Today, with a population nearing 45,000 and a growth rate that has tripled in 20 years, Curauma has become one of the most dynamic urban developments in the region. The city has not only impacted the local economy and employment but is also projected to expand toward the neighboring Las Cenizas estate, opening doors for strategic growth. What started as an accessible and well-connected housing solution has evolved into a vibrant and ever-growing city. With over 15,000 homes built and a service center with more than 100 businesses—including supermarkets, pharmacies, and retail shops—Curauma has attracted thousands of young families seeking better living conditions and connectivity. In the educational sphere, the Pontifical Catholic University of Valparaíso has established a thriving academic commun...