Argentine court declares “king of beef” bankrupt as he remains hospitalized in Punta del Este

An Argentine commercial court has declared meat businessman Alberto Samid—widely known in Argentina as the “king of beef”—bankrupt, ordering broad asset restrictions and imposing a travel ban until July 3, 2026. The ruling emerged as Samid was hospitalized at the Cantegril clinic in Punta del Este, Uruguay, and he has now been transferred to Buenos Aires on a medical flight.