International Corporate Rescue
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Vol 16 (2019) - Issue 3
Article preview
A Short Overview of Brazilian Judicial Restructuring Law
Gustavo Paz Leal, Partner, Leal Advocacia, Criciúma, BrazilSynopsis
It is no secret that companies from all over the world have been doing business in Brazil for a long time. It is also well known that the country has faced many turbulent times as a consequence of chronic political crisis. That said, topics like insolvency and bankruptcy, and how the Brazilian legal system deals with such issues, as well as opportunities arising from distressed situations, are very relevant to foreign corporations and investors doing business in Brazil.
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