Significant Victory in Business Jurisdiction at the TJSP (Court of Justice of São Paulo)
The firm's Business Restructuring area has achieved another significant victory with the approval, by the Court of Justice of São Paulo, of the Judicial Reorganization Plan of an important business group in the industrial sector. The decision, issued by the 1st Regional Court of Business Jurisdiction of the TJSP, endorsed a financial restructuring with a discount of 80% on a significant portion of the liabilities, legitimized the sale of Isolated Productive Units (UPIs), and ensured the maintenance of the group's activities — preserving jobs and the supply chain.
Expertise in Highly Complex Restructuring
The result reinforces the firm's expertise in highly complex restructurings, with strategic engagement with multiple institutional creditors, ensuring solutions that balance the economic viability of companies with creditor satisfaction.
Learn more about our work at Insolvency and Financial Restructuring.