Banco de Crédito e Inversiones (Bci) has filed a bankruptcy lawsuit against the gym chain Energy Fitness Club in Santiago's 9th Civil Court. The legal action, filed on March 31, seeks a resolution for the company's liquidation following an alleged breach of its current court-approved reorganization agreement.
The financial institution based its request on unpaid tax obligations, overdue interest, and social security contributions. According to documents presented by the bank, the debtor failed to meet the terms established in the reorganization plan, which was originally approved in June 2025 and later amended in January 2026.
Unpaid social security and tax debts
The bank detailed that Energy Fitness Clubs SpA failed to pay the full amount of social security contributions for February 2026. Out of a total of $240,000,000, the company only made a payment of $52,000,000.
Furthermore, the lawsuit notes that the company has outstanding VAT debts and an agreement with the General Treasury of the Republic totaling $1,363,000,000. The breach also includes accrued interest that was due to be paid to secured creditors.
Juan Pablo Domínguez Balmaceda, the attorney representing Bci, stated in the filing that the Creditors' Committee did not agree to a new extension for this payment. “My client is a member of the Creditors' Committee, and in that capacity, he can attest that the committee did not meet during the month in question. Therefore, the debtor company failed to meet its obligation to pay the accrued interest due to secured creditors by the deadline established in the Agreement, up to the date of the Deliberative Meeting,” the document stated.
For its part, Bci told Pulso that, “as part of a Judicial Reorganization Agreement procedure, and given the debtor company's failure to pay certain obligations, Bci has requested that its breach be declared.” However, the bank noted that it remains open to reviewing new proposals regarding the company's viability.
Energy Club operates 29 locations across various regions of Chile, including Antofagasta, Valparaíso, Biobío, and La Araucanía. The company has faced financial difficulties since 2019 and the pandemic, eventually securing the support of 95% of its creditors for its reorganization plan last June.