Justice Protects Bahian Houses From Charges for 180 Days; Understand
8 Articles
8 Articles
Judicial recovery: understand the instrument used by Grupo Casas Bahia The Justice of São Paulo decided, on Friday (28), to anticipate the effects of the judicial recovery of Grupo Casas Bahia and to suspend, for 180 days, the actions of recovery and executions against the company. The measure seeks to prevent creditors from withdrawing resources from the company while it tries to reorganize its finances. Do you have any suggestion of reporting?…
With debts of R$ 17.3 billion, retailers receive temporary protection of 180 days in the middle of judicial recovery to maintain operations.
Decision suspends charges and executions against the retailer while Justice analyzes request for judicial recovery of R$ 17.3 billion. Read in the People's Gazette.
The measure anticipates the effects of judicial recovery before the final analysis of the request. Read on Power360.
Justice of São Paulo anticipated judicial recovery effects of the Casas Bahia Group to avoid running creditors to the company's assets
The Justice of São Paulo decided to anticipate the effects of the judicial recovery of the Casas Bahia Group and to suspend, for 180 days, the actions of collection and executions against the company.The measure, adopted on Friday, 28, seeks to prevent creditors from withdrawing resources from the company while it tries to reorganize its finances.The retail group entered with request for judicial recovery last week. The measure covers the compan…
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