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Insolvency in Brazil (DR)
In January, a comprehensive reform of the Brazilian Bankruptcy Law came into force. The reform was intended to modernize and improve the 2005 Brazilian bankruptcy law, thus providing a more efficient, predictable, and safe environment for all stakeholders. Hear from an in-country attorney about the main changes in the Brazilian Bankruptcy Law and new features, including but not limited to: 1. Financing of companies under reorganization, super priority and legal instruments to protect the investment; 2. Sale of assets free and clear in reorganization proceedings; 3.Creditors' alternative restructuring plan in reorganization proceedings 4. Expedited sale of assets and liquidation plan in bankruptcy liquidation proceedings 5. Cross-border: rules to recognize foreign insolvency proceedings and applicable reliefs
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