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Sugar Loaf (PCAR3): Justice Grants Deadline for MP to Present Elements Against Approval of Recovery Plan – Money Times

The GPA (PCAR3), owner of the Pan de Sugar flag, informed the market that the Justice granted five days for the Public Prosecutor's Office of São Paulo (MP-SP) and creditors to present evidence of possible improper exclusion of credits from the retail network's out-of-court recovery plan. The company reported on Monday (31), after B3 [...]
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Justice grants time to challenge GPA's planJustice gives time to MP-SP and creditors to challenge GPA's recovery plan

The GPA (PCAR3), owner of the Pan de Sugar flag, informed the market that the Justice granted five days for the Public Prosecutor's Office of São Paulo (MP-SP) and creditors to present evidence of possible improper exclusion of credits from the retail network's out-of-court recovery plan. The company reported on Monday (31), after B3 [...]

Decision occurs after manifestation of the MP-SP presented in the proceedings of the extrajudicial recovery process by the immediate non-approval of the plan in the current version The post GPA: Justice gave deadline for MP to show elements after being against recovery plan appeared first on InfoMoney.

The GPA, owner of the P o de A car, announced on Monday (31) that Justi granted it a period of five days so that the MP-SP (Minist rio P blico de S o Paulo) and the creditors who contested the plan to recover the company's extrajudicial offer concrete elements about any claim that was improperly excluded from the plan. Read more (08/31/2026

·São Paulo, Brazil
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Folha de S.Paulo broke the news in São Paulo, Brazil on Monday, August 31, 2026.
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