NewzLegal representatives for entrepreneurs Antonio and Maribel Espaillat issued a formal statement on Monday denying reports that the siblings have initiated bankruptcy, restructuring, or liquidation proceedings. The defense team categorically rejected claims circulating on social media and other digital platforms regarding the financial status of the business owners.
According to the legal counsel, there is no existing record or formal procedure currently underway that would indicate the insolvency of the Espaillats. The statement serves as a direct rebuttal to recent public speculation concerning their business affairs.
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