A Brief Chronicle of and Some Notes on the Bankruptcy Proceeding of Fagor Electrodomésticos S.COOP.

Itziar Villafañez Perez

doi:10.36128/xfzvd516

September 1, 2025

A Brief Chronicle of and Some Notes on the Bankruptcy Proceeding of Fagor Electrodomésticos S.COOP.

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Key Points

The bankruptcy of Fagor Electrodomésticos was declared on November 19, 2013, following its insolvency announcement.
The Commercial Court's acceptance of the bankruptcy application highlights challenges faced by worker cooperatives.
Fagor Electrodomésticos was a prominent worker cooperative located in Arrasate-Mondragón, within the Basque Country.
The proceedings emphasize the vulnerabilities of cooperatives in financial distress, especially in the electrical appliance sector.

Implication

Bankruptcy application accepted by Commercial Court in Donostia-San Sebastian, indicating impact on worker cooperatives.

Abstract

After the announcement of its insolvency on the 15thNovember 2013 Fagor Electrodomésticos S.Coop. (a worker cooperative based in Arrasate-Mondragón, Basque Country, hereinafter ―Fagor Electrodomésticos‖) presented an application for its declaration of bankruptcy. That was accepted by the Commercial Court n. 1 of Donostia-San Sebastian (Juzgado de lo Mercantil número 1 de Donostia-San Sebastián) the 19thNovember.

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Itziar Villafañez Perez (2025) studied this question.

synapsesocial.com/papers/68d45e4e31b076d99fa5e644 https://doi.org/10.36128/xfzvd516

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A Brief Chronicle of and Some Notes on the Bankruptcy Proceeding of Fagor Electrodomésticos S.COOP.

Key Points

Implication

Abstract

Discussion

Cite This Study

A Brief Chronicle of and Some Notes on the Bankruptcy Proceeding of Fagor Electrodomésticos S.COOP.

Key Points

Implication

Abstract

Discussion

Cite This Study

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