The closure of the Pérgamo bookstore is not what it seems: neither speculation, nor vulture funds, nor another 'Maricarmen case'

The closure of Madrid's oldest bookstore, Pérgamo, reveals a complex dispute involving its owner, Ana Serrano, an investor, Juan José Janeiro, and a young manager, Pablo Cerezo. After years of collaboration, tensions arose over the ownership of the brand and unpaid rent. Cerezo registered the Pérgamo name without Serrano's knowledge, leading to a legal battle over the bookstore's legacy. Despite initial success, financial difficulties and disagreements culminated in a breakdown of relations, with Serrano insisting the brand belongs to her family, while Cerezo claims he acted on advice. The situation reflects broader issues in the Madrid bookstore sector.