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IN RE COMPAÑíA DE ALIMENTOS FARGO, S.A.

No. 06-12128 (SMB).

376 B.R. 427 (2007)

In re COMPAÑÍA DE ALIMENTOS FARGO, S.A., Alleged Debtor.

United States Bankruptcy Court, S.D. New York.

October 12, 2007.

Attorney(s) appearing for the Case

Kirkland & Ellis LLP, David Eaton, Esq., Andrew G. Horne, Esq., Carl D. LeSueur, Esq. Of Counsel, New York, NY, for Petitioning Creditors.

Shearman & Sterling LLP, James L. Garrity, Jr., Esq., Lynette C. Kelly, Esq. Of Counsel, New York, NY, for Compañía de Alimentos Fargo, S.A.

Paul, Weiss, Rifkind, Wharton & Garrison LLP, Alan W. Kornberg, Esq., Brian S. Hermann, Esq. Of Counsel, New York, NY, for Pierre Acquisition, LLC, Bismark Acquisition, LLC and Madera, LLC.

MEMORANDUM DECISION GRANTING MOTION TO DISMISS THE INVOLUNTARY PETITION

STUART M. BERNSTEIN, Chief Bankruptcy Judge.

The alleged debtor, Compañía de Alimentos Fargo, S.A, ("Fargo"), is an Argentine company. Since 2002, it has been pursuing a concurso preventivo (the "Concurs"), a reorganization proceeding, in Argentina. Argo Capital Investors Fund SPC, Rainbow Global High Yield Fund, Rainmac Fund and the Star Fund (collectively, the...

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