Large Brazilian Companies Prefer Extrajudicial Recovery as Renegotiations Soar 300% in 2024

Source: Observatório Brasileiro de Recuperação Extrajudicial (Obre). Fifty Brazilian companies restructured R$37.4 ($6) billion in debts last year, marking a 385% jump from the previous period. This acceleration reflects high interest rates pressuring indebted firms to find faster and more cost-effective solutions outside the courts. Several prominent examples illustrate why this route gained attention. Casas […]