JULY 16, 2019
Asset sales protect investigated companies’ creditors more than judicial restructuring, says panel
LATIN LAWYER
The wave of anti-corruption probes following Operation Car Wash left many implicated companies on the verge of bankruptcy, but most have found selling assets before filling for judicial restructuring better preserves the value of those assets than bankruptcy proceedings do, heard delegates at Latin Lawyer – GRR Live 4th Annual Restructuring conference…
Keywords: Bankruptcy, Insolvency & Restructuring
Asset sales protect investigated companies’ creditors more than judicial restructuring, says panel.
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