After two bankruptcies and successive changes of ownership, the company is now embarking on a new stage under the protection of a preventive reorganization that allows it to restructure a monumental tax debt, while simultaneously consolidating a business network that is becoming increasingly intertwined with the State. The magistrate also questioned the financial information presented by the company to justify its bankruptcy petition. The Chamber, however, deemed the company's statement about its financial situation sufficient and prioritized the argument of preserving the company's continuity and jobs. The company currently employs about 5,500 workers and has lost significant contracts in the logistics market in recent years, losing ground to competitors like Andreani, Urbano Express, and OCASA, while Mercado Libre reorganized its distribution scheme after breaking its ties with OCA in 2017. Sector specialists point out that the State remains a central player in generating logistics cargo, especially in sensitive sectors such as medicines, which makes OCA's ties with public agencies strategic. ARCA, OCA's main creditor, in turn has business ties with OCP Tech, another company in the Scatturice group that provides technological services to various State agencies. OCA was acquired by Scatturice through the COC Global Enterprise fund, a deal that included the purchase from Claudio Altemar Jesús Espinoza, who had initiated the previous bankruptcy process and retained a minority stake. In this way, the company will be able to include a total debt of around $100,000 billion in the reorganization, of which about $80,000 billion corresponds to obligations with the Customs Revenue and Control Agency (ARCA). The judicial decision contradicted the criterion of Judge Guillermo Pesaresi, head of Commercial Court No. 22, who had rejected the opening of the reorganization process, considering that OCA was not in a state of insolvency. In practical terms, the preventive reorganization enables OCA to access tax refinancing mechanisms with long deadlines and lower rates than any taxpayer outside a bankruptcy process, a key benefit in the context of the accumulated debt with ARCA. The operation consolidates the expansion of Scatturice, an entrepreneur based in the United States who has added strategic assets such as Flybondi and now the historic private mail in recent months, while his companies multiply contracts with the national public sector. Buenos Aires, January 2, 2026 - Total News Agency (TNA) - The Commercial Justice has enabled entrepreneur Leonardo Scatturice to proceed with a preventive reorganization that will allow him to refinance and, in practice, dilute the millionaire tax debt of the private mail OCA, a decision that once again puts the growing convergence between private businesses and public contracts under the spotlight during the government of Javier Milei. The ruling was adopted by Chamber B of the National Appeals Court in Commercial Matters, composed by judges Matilde Ballerini and Guadalupe Vázquez, who revoked the first-instance ruling and enabled the reorganization process of OCA-Log. In this context, Espinoza retains Flecha Log, a company that maintains operational agreements with Correo Argentino, a relationship that market sources describe as highly questionable due to its impact on competition. The political-institutional background of the case deepened with the changes in the leadership of ARCA. Just two days after the acquisition of OCA by Scatturice was completed, Juan Paz left the leadership of the agency and was replaced by Andrés Edgardo Vázquez, a career official with evasion cases and personal ties to the entrepreneur and presidential environment figures, including advisor Santiago Caputo. Furthermore, within Scatturice's holding, there is Tactic Global, a company hired by the State Intelligence Secretariat to provide strategic advice on the political and regulatory system of the United States. In his analysis, Pesaresi maintained that the company was operationally viable and that, according to the balance sheets of the last three exercises, it recorded an annual net profit of around $23,720 million, equivalent to about $2,000 million monthly. During the years it was under the control of Alfredo Yabrán, the company was the undisputed leader of the private postal market, with strong internal controls and high operational standards. OCP Tech, for its part, has clients such as ARCA, the Prosecutor's Office of the Supreme Court, the Secretariat of Education, and the Argentine Air Navigation Company, among others. The history of OCA adds a symbolic dimension to the case.
Court Allows OCA to Restructure Multi-Billion Dollar Debt with the State
Buenos Aires Commercial Court has allowed OCA, owned by entrepreneur Leonardo Scatturice, to enter a reorganization process. This will enable the company to refinance and write off its massive tax debt. The court's decision has once again drawn attention to the close ties between private business and public contracts during the government of Javier Milei.